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Power construction
Power Construction
UK Consumers Face Higher Energy Bills After Regulator Approves $37 Billion Grid Upgrade
Britain's energy regulator Ofgem has approved a £28 billion ($37.33 billion) investment package for electricity transmission networks over the five-ye…
Power Construction
ABB Concludes Purchase of Gamesa Electric’s Power Electronics Unit Concludes Purchase of Gamesa Electric’s Power Electronics Unit
ABB has completed its acquisition of the power electronics division of Gamesa Electric from Siemens Gamesa, following the agreement announced in December 2024. …
Power Construction
RWE and Apollo Global Management Close Transaction for German Power Grid
RWE, the German energy company, and U.S.-based Apollo Global Management announced on Wednesday that they have completed the formation of a joint venture focused…
Power Construction
Shell and Ferrari Sign Long-Term Green Power Supply Deal
Shell has entered into a ten-year agreement to supply Ferrari with renewable electricity through the end of 2034, supporting the Italian luxury carmaker's e…
Power Construction
Siemens Energy to Invest $2.3 Billion in Power Grid Factories by 2028
Siemens Energy has announced plans to invest approximately 2 billion euros (equivalent to 2.3 billion U.S. dollars) in expanding and modernizing its worldwide p…
Power Construction
Fonrich New Energy | BIPV Safety Guardian - Fonrich Millisecond String-Level Arc Protector
Industry BackgroundWith the widespread adoption of Building Integrated Photovoltaics (BIPV), rooftop PV systems are entering a new phase characterized by "effic…
Power Construction
US Orders Part of Talen Power Plant in Maryland to Run Above Limits Through End of 2025
U.S. Energy Secretary Chris Wright on Friday issued an order allowing part of Talen Energy’s oil-fired Wagner power plant in Maryland to operate above reg…
Power Construction
Ingeteam Supplies Inverters for Australia’s Winton North Hybrid Project
Ingeteam has been selected to supply inverters for the Winton North hybrid project, developed by European Energy Australia in northeastern Victoria. Scheduled t…
Power Construction
ADB, World Bank Commit $12.5 Billion to ASEAN Power Grid Plan
The World Bank, Asian Development Bank (ADB), and the Association of Southeast Asian Nations (ASEAN) have announced a joint financing initiative to advance the …
Power Construction
US Launches Effort to Speed Power Grid Projects for AI
The U.S. administration on Thursday announced new measures to accelerate development of power plants and transmission lines, citing rising electricity demand dr…
Power Construction
Torus Secures $200M From Magnetar to Boost Modular Power Plant Deployments
Torus, a U.S.-based provider of full-stack energy platforms, announced that it has secured a $200 million investment from Magnetar to accelerate the deployment …
Power Construction
RWE and Apollo Establish JV to Support Grid Upgrades in Germany
RWE has entered into a joint venture (JV) with Apollo Global Management to finance its 25.1% shareholding in German transmission system operator Amprion. The ag…
Power Construction
EDF Enters €1BN Loan Deal With Eib to Enhance French Electricity Grid
French utility EDF, which manages about 95% of the country’s electricity distribution through its subsidiary Enedis, has secured a €1 billion ($1.17 …
Power Construction
Hitachi to Invest $1 Billion to Produce Power Grid Components in US
Hitachi Energy, a subsidiary of Japan’s Hitachi Ltd, announced on Thursday that it will invest $1 billion to expand its U.S. power grid infrastructure man…
Power Construction
Wärtsilä to Supply Engines for Nebraska Power Plant in US
Wärtsilä, a global technology company, has signed an agreement with Nebraska Public Power District (NPPD), a state-owned public utility, to provide ad…
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