U.S. Department of Energy Extends Fluor-Led Savannah River Site Management and Operating Contract through September 2020
IRVING, Texas - Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Energy (DOE) has extended the Fluor-led Savannah River Nuclear Solutions, LLC (SRNS) management and operating contract at the Savannah River Site near Aiken, South Carolina. Fluor booked its share of the $1.8 billion contract extension, which is for an additional 14 months with two 12-month options, in the third quarter of 2019. SRNS was originally awarded the Savannah River management and operating cont...
Wärtsilä Signs 100 MW/100 MWh Energy Storage System Project Deal in South East Asia
The technology group Wärtsilä has signed an Engineering, Procurement and Construction (EPC) contract for a 100 MW/100 MWh total capacity energy storage project in South East Asia. The energy storage system facility, including the Greensmith GEMS advanced software platform and GridSolv, will be used for grid support purposes. The order was booked with Wärtsilä in Q2. Wärtsilä is enabling the transition towards 100% renewable energy around the world by designing and building flexible systems th...
Portugal’s positon as Europe’s emerging market for solar PV installations bolstered by positive response to solar auction, says GlobalData
Portugal’s first-ever solar photovoltaic (PV) auction for 1.4 gigawatts (GW) tender has received offers for 10GW and 64 companies have shown interest to develop solar power projects. The overwhelming response from international and domestic developers has enabled Portugal to strengthen its claim as Europe’s emerging market for solar PV installations, says GlobalData, a leading data and analytics company. Portugal has plans to achieve carbon neutrality by 2050 and aims to meet 80% of its total...
Lincoln Clean Energy Achieves Commercial Operation of 184MW Lockett Wind Project in Texas
CHICAGO – Lincoln Clean Energy (LCE), a subsidiary of Ørsted and leading developer of U.S. renewables, has achieved commercial operation of its Lockett Wind project, a 184MW wind farm in Wilbarger, Texas. The project will generate over 700,000 megawatt-hours of renewable energy per year—enough to power the equivalent of 70,000 U.S. homes. With the addition of Lockett Wind to its portfolio, LCE now has more than 1GW of operational assets across the United States along with over 1.3GWs in cons...
Despite Slowdown in Capacity Additions, China Will Continue to Lead Global Steam Turbine Market Between 2019 and 2023, says GlobalData
The global steam turbine market registered a market value of US$9.25bn in 2018, primarily driven by growth in China. Despite a slowdown in capacity additions, the country will continue to lead the global market, followed by India, the US, Egypt and Vietnam, between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Steam Turbines for Thermal Power, Update 2019 - Global Market Size, Average Price, Equipment Market Share and Key Country A...
Highview Power Contracts with Tenaska Power Services for US Cryogenic Energy Storage Projects
NEW YORK CITY and LONDON – Highview Power, a global leader in long-duration energy storage solutions, has contracted Tenaska Power Services Co., the leading provider of energy management services to generation and demand-side customers in the U.S., to identify, model, optimize and provide energy management services for up to four giga-scale cryogenic energy storage plants in the United States over two years. The initial project is expected to be developed in the ERCOT market. Javier Cavada, p...
Solar and Wind Segments to Lead Renewable Power Growth in Sweden During 2019–2030, says GlobalData
The overall renewable power capacity, excluding hydropower, in Sweden is projected to more than double from 14.8 gigawatt (GW) in 2019 to 30.4 GW in 2030, according to GlobalData, a leading data and analytics company. GlobalData's latest report, ‘Sweden Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations, and Competitive Landscape’, reveals that solar photovoltaic (PV) and wind segments are expected to grow at compound annual growth rates (CAGR) of 16% and 8.3 %, respecti...
Gas and Renewable to Dominate Belgium’s Power Generation Mix by 2030, Says GlobalData
Gas and renewable power are set to dominate Belgium’s power generation mix, following the phase-out of 7.2 gigawatts (GW) of cumulative coal and nuclear capacity by 2025. Gas-based capacity is set to reach 9GW in 2030, while renewable capacity (excluding hydro) will reach 18.1GW in 2030, according to GlobalData, a leading data and analytics company. GlobalData's latest report, ‘Belgium Power Market Outlook to 2030, Update 2019 - Market Trends, Regulations, and Competitive Landscape’ reveals tha...
Sun Investment Group’s 600MW Solar Power Installations to Cut Poland’s Carbon Footprint by 306,000 Tonnes Annually
Sun Investment Group (SIG) recently sold the 42.36 MW Polish solar energy portfolio it shared with E Energija to Aberdeen Standard Investments. After the sale, SIG will continue working towards the reduction of Poland’s carbon footprint by developing a new portfolio worth 600 MW across 1,200 hectares. The installations, to be auctioned off within six to 24 months after completion, are estimated to reduce Poland’s annual carbon footprint by approximately 306,000 tonnes of CO2 per-year; the equiva...
Geographers of the Lomonosov Moscow State University published the web-atlas of the available wave energy in the Russian seas
Wave energy distribution in the Black Sea(above) Scientists from Lomonosov MSU (Faculty of Geography) have published the first version of the Russian wave energy web-atlas. The test version of the web-atlas posted at http://autolab.geogr.msu.ru/wavenergy in open access. It contains data on the wave energy spatial distribution in the Black, Caspian, Baltic, Barents and the Kara seas. The atlas also contains information on the basic parameters of wind waves. Scientists started developin...