The Port of Seattle in Washington, US is working on plans to extend shore power to more piers. It is the first port in North America to provide shore power in its 2 Seattle cruise berths located at Terminal 91. The port has further planned to connect shore power to other major facilities at its… Continue reading Seattle Port Clean Green Shore Power Energy Plans Underway
Power generation using wind energy has been on the rise for the past few years, particularly in offshore locations of North America, Europe, and Asia Pacific. The rise of offshore wind energy generation is attributed to the better yields due to the high offshore wind speed. A turbine in 15-mph wind speed can generate double… Continue reading Offshore Wind holds the Key for Competitive, Zero Carbon, and Large-Scale Power Generation
In a major development GE has secured USD 1.0 Billion of project financing for the first independent combined cycle power plant in Sharjah, UAE. GE is working with co developers GE Energy Financial Services (GE EFS), Sumitomo Corporation of Japan, Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, and Shikoku Electric… Continue reading Combined Cycle Power Plant – Efficient way for future Clean Power Generation
The role of renewable energy is becoming more eminent in the global energy mix. The power generated by renewable energy in 2018 accounts for more than 25% globally with total installed capacity of 2,350 GW. As integration of renewable energy keeps on increasing at an average of at least 8% year on year (International Renewable… Continue reading Power-to-Gas an effective way for Renewable Energy Integration
Eaton completed the acquisition of a controlling interest in Ulusoy Elektrik, a medium voltage product manufacturing company in Turkey, in April 2019. This transaction happened with the purchase of shares of nearly $214 million on a cash and debt free basis. With this acquisition, Eaton is likely to gain more access to electrical products market… Continue reading Eaton’s acquisition of Ulusoy Elektrik in Turkey is likely to gain it more business access in the Middle East and Africa region
Tokyo Electric Power Company (TEPCO) and Centrica recently collaborated on demand response services with Centrica (a UK-based organization) likely to assist TEPCO with FlexPond, an electricity demand response platform, to ensure that TEPCO provides stable electricity distribution services in the Kyushu region. FlexPond will be delivered under an innovative commercial “software-as-a-service” (SaaS) model, which will… Continue reading In a landmark deal, Centrica and TEPCO collaborate to augment demand response services for the Japanese power grid
The European power system is set to change radically in the future owing to the drive to reduce carbon emissions. At the same time electrification of transportation and heating sector will create a perennial demand on the grid infrastructure.
German conglomerate Siemens acquired the solar string inverter business of KACO new energy GmbH, which specializes in the field of independent and decentralized energy supply. This acquisition will strengthen the decentralized energy systems portfolio of Siemens, which will get a fresh lease of life, through this acquisition.
French renewable energy company Total Eren has agreed to buy Novenergia Holding Company, a Renewable power producer, in a deal worth more than 1 billion euros. Considering Total Eren’s presence in France, Greece, and Italy, it is evident that with this deal they are gifted with a massive opportunity of expanding their presence in almost… Continue reading Total Eren Strengthens Its Renewable Energy Foothold In South Europe
The New South Wales Labor party leader Michael Daley has announced that an NSW Labor government, if elected, would help supply half a million new solar systems on NSW roofs, establish a new state-owned power company to deliver a further one gigawatt of renewable energy and storage, and deliver seven gigawatts of extra renewable energy… Continue reading NSW Labor pledges state-owned renewable energy company to power three million homes and to cut down the state’s carbon emissions