gas turbine ccgt News
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EIB supports Russia’s power generation sector with EUR 250 million to contribute to energy efficiency and emission reduction
The European Investment Bank (EIB) is lending EUR 250 million to Russian company Enel OGK-5 to finance the upgrading of a gas fired power plant located in Nevinnomyssk, South Russia. This is the first EIB loan in support of the Russian power generation sector, and also the first EIB project in Southern Russia. Enel OGK-5 is majority-owned by Italian power utility Enel. The project concerns the ...
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Frost & Sullivan: demand for service and efficiency drives Western European power plant services market
Increased stability and expanded market growth are in the immediate reach of the Western European power plant services market. Despite the global economic slowdown, the power plant service sector is experiencing optimistic growth fuelled by rising investments in the power generation industry. The expected climb in revenues is driven by a growing demand for service requirements with the ageing ...
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AES Breaks Ground on 400 MWh Energy Storage Project in Southern California
AES Alamitos, a subsidiary of The AES Corporation, recently announced the groundbreaking of a 400 megawatt-hour (MWh) battery-based energy storage system for Alamitos Energy Center (AEC) as part of a larger modernization and replacement project of the existing AES Alamitos Generating Station. The energy storage facility in Long Beach will provide up to 400 MWh of local energy to ensure power ...
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Grid Parity Boosts Renewable Energy Growth: Market for Inverters to Reach $19 Billion by 2017
Global Information Inc. is pleased to announce the availability of three new reports covering the market for clean energy and renewable energy applications. These reports are designed to help businesses maximize potential growth and make better, more informed decisions with estimated future cost trends and an understanding of how to frame strategies based on future wind and solar power outlook. ...
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