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Schneider Electric ups 2020 Revenue Forecast as Q3 Returns to Growth
French electrical equipment group Schneider Electric SE raised its 2020 revenue and margin forecasts on Thursday, citing a better-than-expected third quarter he…
Thermal Plant
Wärtsilä Selected to Provide Flexible Baseload Power for Indonesian Mine
Mining company PT Freeport Indonesia has selected technology company Wärtsilä for the development of a 128MW power plant in Indonesia.
Market Analysis
China’s Offshore Wind Energy Industry Post-2021
While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore wind pioneers like Germany and the UK in terms of cum…
Virtual power plant
1,000MW Industrial VPP Project to Begin Across Australia ‘As Soon As Victoria Out of Lockdown’
The first phase of a 1,000MW behind-the-meter virtual power plant is expected to begin deployment in Australia as soon as the state of Victoria’s COVID-19 lock…
Energy Transition
Poland and Ukraine Partner on a ‘Just Transition’ from Coal
Coal-reliant regions in Ukraine are expected to transition away from fossil fuel and adopt new low-carbon energy resources using lessons learned by and measures…
Nuclear Power Plant
Jacobs To Lead European Union-Funded Nuclear Power Plant Research
Jacobs was selected to lead an international consortium whose cutting-edge research could lead to extensions in the operational lifespan of nuclear power plants…
Combined Heat and Power
Danish Dairy Milks CHP Capabilities with New Cogeneration System
Polish dairy cooperative OSM Piątnica has selected Caterpillar dealer Eneria Poland to expand the company’s combined heat and power (CHP) capabilities.
Wind Power Project
GE and SoftBank Energy Partner on One of India’s Largest Wind Projects
GE Renewable Energy has been selected by SB Energy to supply, install and commission 121 of its onshore wind turbines, totaling 327MW, to be installed at Pritam…
Hydropower Plant
Uganda Waits for Karuma Hydropower Dam to Lower Power Tariffs
If all goes according to plan, the Karuma hydropower dam will be connected to the national grid before the end of this year, a move that could bring down the co…
Hydropower Plant
Statkraft Contracts ABB for Hydro Plant Upgrade Works in Norway
Renewable energy producer Statkraft has selected technology company ABB for upgrading its Straumsmo and Innset hydropower plants in Norway.
Wind Farm
Second U.S. Wind Farms Ready to Start Commercial Operation
The next significant regulatory step for CVOW is to submit the final documentation for the Bureau of Ocean Energy Management to complete its technical review, w…
Nuclear Technology
Bulgaria to Start Talks with US on Nuclear Technology
Bulgaria is to start talks with the United States on nuclear technology, but construction of Russian-designed reactors at the Belene nuclear power plant is stil…
LNG
Siemens Energy Scores a Deal in the Mozambique LNG Project
A joint venture between Saipem and McDermott has selected Siemens Energy to supply emissions-reducing power generation equipment and boil-off gas compressors fo…
Hydropower Plant
ABB and Statkraft to Boost Hydropower Efficiency in Norway
Oslo-headquartered Statkraft has selected ABB to ensure the efficiency and reliability of its hydropower operations in northern Norway.
Crude Oil
Oil Demand Expected to Decline in the Next Decade
The International Energy Agency predicts the COVID-19 pandemic will deal a long-lasting blow to the global energy industry, with oil demand expected to end in…
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