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Coal Mine
Vale to Pay US$2.5 billion to Acquire Coal Assets
With the settlement of the project finance, all conditions precedent for the completion of the transaction for the acquisition of Mitsui's stakes in the Moatize…
Coal Production
Chile, NE Asia Bolster Drummond's Coal Exports
A spike in Chilean demand and firm loadings for northeast Asia supported Colombian coal producer Drummond's thermal coal exports in May, company figures show.
Hydrogen Project
ABB and Axpo to Collaborate on Affordable Green Hydrogen Project
ABB has joined forces with Swiss utility Axpo to develop modular green hydrogen production plants in Italy, with the aim of creating an optimum operating model …
Solar Power Plant
First Solar to Expand US Solar Manufacturing Capacity
The company intends to fund construction of its third US manufacturing facility, in Lake Township, Ohio, with existing cash resources.
Substation
SPX to Sell Transformer Solutions Business to GE-Prolec
US-based infrastructure company SPX has signed an agreement to sell its Transformer Solutions business to GE-Prolec Transformers, together with its affiliates P…
Energy Storage Battery
Northvolt Raises $2.75bn to Increase Battery Production Capacity
Northvolt plans to increase the annual production capacity of its gigafactory from 40GWh to 60GWh.
Electricity Trade
China Three Gorges to Enter in Spain Electricity Retail Market, Cinco Dias Reports
The European unit of China Three Gorges in Luxembourg did not reply to an email seeking immediate comment.
LNG
China to Overtake Japan as World's Top LNG Buyer in Weeks, ICIS Says
It estimated China's 2021 total LNG demand at 81.2 million tonnes, above 75.2 million tonnes for Japan.
Power Construction
South Africa: Embedded Generation Threshold to Increase to 100MW
South African president Cyril Ramaphosa today announced the increase of the embedded generation threshold from 1MW to 100MW.
Oil and Gas Equipment
Upgrading 10 Production Wells
Installation of two ESP-systems near Hannover, Germany
Wind Turbine
VideoFelling of 90 Mitsubishi 1000A Wind Turbines - Controlled Demolition, Inc.
No effort was made to preserve foundations or other wind farm infrastructure.
Nuclear Power Plant
Video: Kenya: First Nuclear Power Plant in 2022
Following South Africa, Kenya is the second African nation to build a nuclear power plant.
Oil Pipeline
Video: Uganda, Tanzania Sign a Deal to Construct Longest Heated Crude Oil Pipeline
Uganda and Tanzania have signed a deal that will mark the start of the construction of the longest heated crude oil pipeline in the world.
Nuclear Power Plant
Samsung Heavy Industries to Develop Offshore Nuclear Plant Technology
Samsung Heavy Industries will start to develop offshore floating nuclear power plant technology, which is emerging as a zero carbon energy source.
Solar Power Plant
Korea Midland Power Expanding Solar Power Business in the U.S.
Korea Midland Power is drawing attention as it is expanding its solar power business in the United States.
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