Aecon, GE Hitachi and SNC-Lavalin have partnered to develop North America’s first grid-scale small modular reactor at the Darlington New Nuclear Project for Ontario Power Generation (OPG). Under a six-year agreement, the partnership will deploy a BWRX-300 small modular reactor at Ontario Power Generation’s nuclear power project site in Clarington, Ontario before the end of […]
India’s largest power generating utility NTPC has signed a memorandum of understanding (MoU) with GE Gas Power to validate the feasibility of hydrogen (H2) co-firing blended with natural gas in GE’s 9E gas turbines. Aimed at decarbonizing power generation in India with advanced technology, the trial will be carried out at NTPC’s Kawas combined-cycle gas […]
Pennar Group, a Hyderabad-based engineering products and solutions firm, has won orders totaling INR 571 crores across its multiple business verticals. The company’s pre-engineered building vertical won orders for construction of manufacturing plants, solar PV Modules, warehouses, structural steel, and chiller room from customers such as Amazon, Trident, Amyraah Properties, Toyo, UTCL, and others. According […]
Eesti Energia Group said that its supervisory board has sanctioned the company’s final investment decision (FID) for the 43MW Silale II wind park in Lithuania to be developed with an investment of €60 million. The wind farm in Lithuania will be developed by the Estonia-based mining company’s fully-owned subsidiary Enefit Green. As a result of […]
GE bagged an order in mid-January 2021 to deliver power generation equipment with a capacity of over 1GW for the Tongyeong power plant in South Korea. The Tongyeong combined cycle power plant is owned by Tongyeong Eco Power, an independent power producer in South Korea. As per the contract, GE will supply a couple of […]
A consortium made up of GE, Sumitomo, Shikoku Electric Power and Sharjah Asset Management (SAM) have signed an agreement to develop, build and operate what will be the first independent combined cycle power plant in Sharjah, UAE, with a capacity of about 1,800MW. The gas-fired power plant, which will be built in Hamriyah, is targeted […]
Wind industry news : General Electric disclosed another blade break and advised some clients to replace faulty turbine parts sooner, according to Reuters sources. Fred Katayama reports. Source: reuters
Energy Acquisition News : US private equity firm Advent International has struck a $3.25 billion deal to acquire Distributed Power – the gas engines business of General Electric (GE). Distributed Power is a provider of reciprocating gas engines, power equipment and services, focused on electricity generation and gas compression. Russell Stokes – President and CEO […]
GE Power layoffs : In a massive lay off program, General Electric (GE) will make 12,000 employees redundant at its GE Power unit with an aim to reduce the overall structural costs of the latter by $3.5 billion by 2018 end. The reduction in its global workforce of over 55,000 employees has been driven by […]
Wind industry news : GE has entered into a partnership with Green Investment Group of the Macquarie Group for the 650MW Markbygden ETT onshore wind farm in Sweden. Green Investment Group along with GE Energy Financial Services has acquired the onshore wind farm from Svevind, a Swedish wind developer for an undisclosed price. The Markbygden […]