Events Date: 9

Projects

Australian Solar PV Projects Secured โ‚ฌ70M Financing

European Energy gets funding for Australian solar project Two massive solar photovoltaic (PV) projects in Australia will get funding from a long-term portfolio financing deal that European Energy has closed on, totalling more than โ‚ฌ70 million (AUS$130 million). Australian solar PV...

Calpine, ExxonMobil sign CO2 transportation and storage agreement for power generation project

Calpine, ExxonMobil sign CO2 transportation and storage agreement for power generation project ExxonMobil to transport and store up to 2 million metric tons per year of CO2 from Calpineโ€™s natural gas power generation facility. Calpine plans to produce ~500...

Brazil’s Energy Sector Transforms by Smart Meters Project

In a smart meters project initiative to digitise the country's power sector, Siemens Smart Infrastructure has teamed with CPFL Energia, one of Brazil's major energy distributor. Aiming to replace 1.6 million conventional power meters with smart meters project in Sรฃo...

Global Distribution Transformers Market Growth

The global market for Distribution Transformers is projected to reachโ€‚US$49.4 billion by the year 2033. The global distribution transformers market is about to enter a phase of transformative growth, with its value expanding fromโ€‚$27.5 billion in 2023 to an impressive...

AI and Datacenters Drives Electricity Demand Growth in USA

The confluence of artificial intelligenceโ€‚(AI) and datacenters is igniting a profound uptick in demands for electricity, especially in the US, in a moment when the world is grappling with rapid technological advancement. After all, AI is no longer just...

Siemens secures major order for integrated LNG-to-Power project in Brazil

Siemens has secured an order for the turnkey construction of a new combined cycle power plant for the integrated LNG-to-Power project GNA 1 of Gรกs Natural Aรงu in the Port of Aรงu in the state of Rio de Janeiro,...

Statkraft Ends Investments in Offshore Wind Projects

Europeโ€™s largest generator of renewable power will no longer invest in new offshore wind projects and may postpone some international hydro plants. Norwegian state-owned power company Statkraft will stop investing in offshore wind farms in order...

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