Generac Power Systems acquires PowerPlay from SunGrid Solutions to enhance energy storage capabilities

By on    Energy Industry News  

Generac Power Systems acquires PowerPlay from SunGrid Solutions to enhance energy storage capabilities

Generac Power Systems, a leading global provider of energy technology solutions and power products, has expanded its capabilities in the energy storage sector with the acquisition of PowerPlay Battery Energy Storage Systems, a division of SunGrid Solutions Inc. This strategic acquisition, finalized on June 26, 2024, marks a significant move for Generac in strengthening its […]

Baker Hughes secures major Petrobras contract for offshore services in Brazil

By on    Energy Industry News  

Baker Hughes secures major Petrobras contract for offshore services in Brazil

Baker Hughes (NASDAQ: BKR), a global leader in energy technology, has clinched a substantial order from Petrobras for comprehensive workover and plug and abandonment (P&A) services across the pre-salt and post-salt fields offshore Brazil. This significant engagement, valued at several million dollars, underscores Baker Hughes’ strategic penetration in the South American energy sector, leveraging its […]