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Germany Set to Have 635bcf New-Build LNG Regasification Capacity, Contributing 31% of Europe’s Capacity Growth by 2023, says GlobalData

August 14, 2019 - in Energy, Oil & Gas

Germany is expected to drive capacity growth in Europe’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects during the outlook period 2019 to 2023, contributing around 31% of Europe’s total growth,…

Terra Drone Europe Conducts Oil Rig Platform Survey and 3D Modeling for Shell

August 2, 2019 - in Energy, News, Oil & Gas, Technology

Using modern GNSS techniques, the location of each and every asset on the rig platform was determined to facilitate accurate drill rig positioning Terra…

Wärtsilä Gas Engine Solutions Will Support Local Industry by Increasing Egyptian Power Plant’s Capacity by Two Thirds

July 29, 2019 - in Energy, News, Oil & Gas

The technology group Wärtsilä will supply additional capacity for an existing power plant located in Borg El Arab, an industrial city some 45 kilometres…

U.S. Department of Energy Extends Fluor-Led Savannah River Site Management and Operating Contract through September 2020

July 29, 2019 - in Energy, News

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.…

Wärtsilä Signs 100 MW/100 MWh Energy Storage System Project Deal in South East Asia

July 29, 2019 - in Electric Grid, Energy, News

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…

Portugal’s positon as Europe’s emerging market for solar PV installations bolstered by positive response to solar auction, says GlobalData

July 26, 2019 - in Energy, News, Renewables

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…

Lincoln Clean Energy Achieves Commercial Operation of 184MW Lockett Wind Project in Texas

July 26, 2019 - in Energy, News, Renewables

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…

Despite Slowdown in Capacity Additions, China Will Continue to Lead Global Steam Turbine Market Between 2019 and 2023, says GlobalData

July 22, 2019 - in Energy, News

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,…

Highview Power Contracts with Tenaska Power Services for US Cryogenic Energy Storage Projects

July 17, 2019 - in Energy, News

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,…

Solar and Wind Segments to Lead Renewable Power Growth in Sweden During 2019–2030, says GlobalData

July 17, 2019 - in Energy, News, Renewables

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…