Power

Wartsila wins deal to upgrade Kribi power plant in Cameroon

Technology group Wartsila said it will upgrade the electrical and automation systems for the Kribi power plant in Cameroon. The 216 MW plant has been...

How hydropower plants can use tech to improve efficiency

ABI Research report shared information on how hydropower operators can use technology vendors to improve plant efficiency. #1: General Electric General Electric (GE) is the leader in...

Adani Power to buy DB Power for Rs 7,017 crore

Gautam Adani-led Adani Power has agreed to buy the thermal power assets of DB Power for nearly Rs 7,017 crore enterprise valuation. DB Power has...

Wartsila to supply engines for power plant at Sabodala-Massawa gold mine

Wartsila said it will supply an 18 MW extension to the power generating facility and upgrade the electrical and automation system of the existing...

Ignitis Gamyba deploys GE Digital software for planning

Ignitis Gamyba, the largest power producer in Lithuania, has selected GE Digital to deploy OPM Production Planning and Operations Performance Management solution. GE Digital’s OPM...

U.S. electricity consumption to grow 2.4% in 2022: EIA

U.S. electricity consumption is expected to increase 2.4 percent in 2022 due to surge in economic activity and hot summer weather, the U.S. Energy...

WattBridge Energy closes HoldCo financing of $265 mn

WattBridge Energy announced closing on a HoldCo financing of $265 million in secured notes to fund the expansion of its fast-start peaking platform. EIG led the investment,...

WattBridge Energy starts operations of 288-MW Braes Bayou project

WattBridge Energy has begun commercial operations of its 288-MW Braes Bayou project, the company’s third peaking-power installation in ERCOT to reach operational status in...

Electricity demand faces slow growth due to high energy price: IEA

The world’s electricity demand is expected to grow by 2.4 percent in 2022 after last year’s 6 percent increase, as economic growth weakens and...

NTPC and IndianOil ink JV to power projects of IndianOil refineries

NTPC and IndianOil announced a joint venture company for meeting the power requirements of upcoming projects of IndianOil refineries. NTPC Green Energy (NGEL), a subsidiary...