Contracts and deals - Page 3
Stay up to date with the latest Contracts and deals updates from the global modern power systems industry
National Grid shifts emphasis away from gas
National Grid has announced plans to buy Western Power Distribution, which operates across the UK’s south west and midlands, from US energy giant PPL Corporation for £7.8bn. WPD is...
Sale of Hornsea 1 transmission assets
Hornsea 1 Ltd, a joint venture owned by Ørsted (50 %) and Global Infrastructure Partners (GIP) (50 %), today announced that it has signed an agreement for the sale of its...
10 MW of generation fuelled by landfill gas to be delivered by Aggreko
Aggreko has signed a seven-year contract with Brazilian energy company EVA Energia for a 10 MW renewable power solution using landfill gas. It will deliver a complete system,...
Rolls-Royce and Fermi Energia sign SMR MOU
Rolls-Royce and Fermi Energia have signed a Memorandum of Understanding to study the potential for the deployment of small modular reactors in Estonia. The study will cover all aspects...
TDK Corp and GenCell to develop new green ammonia production process
GenCell Energy, an Israel-based manufacturer of fuel cell energy solutions and the giant TDK Corporation, one of the leading manufacturers of lithium ion batteries, have signed...
Nexans to supply 1 million Windlink cable kits to Vestas
Nexans has secured a two-year global supply contract with Vestas to provide around one million Windlink cable kits for turbines destined for onshore wind farms in Europe, the USA,...
GE and BLP Industry.AI to join forces in AI technology
GE Power Conversion and BLP Industry.AI have signed a Memorandum of Understanding under which the parties agree to work together to provide next generation AI technology and...
Ansaldo wins tender to supply GT to Arvedi
Ansaldo Energia has been awarded by Gruppo Arvedi a contract for the supply and refurbishment of a new combined cycle plant in Servola. The plant will include an AE64.3A gas...
GE deal to add 1 GWe in South Korea
GE has secured an order expected to deliver more than ! GWe power generation equipment for Tongyeong combined cycle power plant in South Korea. GE will supply two 7HA.02 gas turbines,...
Contract for the 174 MW Asahan 3 hydro plant is awarded
Voith Hydro has been awarded by Mitsubishi Corporation the electro-mechanical equipment contract for the Asahan 3 hydropower project in Indonesia, which will be operated by...
LevelTen Energy announces new RE-Store energy agreement
On 17 December LevelTen Energy announced its new RE-Store Energy Agreement, an innovative financial contract that enables corporations and Load-Serving Entities “easier access to...
GenCell Energy to supply long-duration backup power to CFE Mexico
GenCell Energy, the Israel-based manufacturer of fuel cell energy solutions, has announced that following participation in an international tender for backup for substations executed...
Ansaldo wins €50 m turbine contract in Poland
Ansaldo Energia has been awarded a contract for the supply of an 80 MW AE64.3 gas turbine and the related maintenance contract to a value of approximately €50 m from Synthos, a...
Record success in China for Rolls-Royce
Rolls-Royce business unit Power Systems has signed agreements for the delivery of a record number of MTU products, and two strategic partnership agreements, at the third...
The Red Sea Project – aiming at 100 % renewables
The Red Sea Development Company, the developer of what is said to be the world’s most ambitious regenerative tourism project, has secured multinational investment in its...
Siemens Energy to develop energy hub in Afghanistan
Siemens Energy has signed a multi-phase agreement with Afghanistan to establish the country as an energy hub in central Asia by developing a modern, sustainable, and cost-effective...
Rolls-Royce signs MoU with Exelon for compact NPPs
Rolls-Royce and Exelon Generation have signed a Memorandum of Understanding to pursue the potential for Exelon Generation to operate compact nuclear power stations both in the UK...
Meghalaya state to modernise grid with ADB loan
The Asian Development Bank (ADB) has approved a $132.8 million loan to finance 24X7 Power for All Meghalaya, a grid modernisation project unveiled by the Indian government and...
GE and Harbin Electric contracted to boost China’s Greater Bay Area transition
GE has received an order from Chinese state-owned power utility Guangdong Energy Group for three 9HA.02 gas turbines. They will go to the Dongguan Ningzhou combined cycle power plant...
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