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Magazine Team 1687 posts 14 comments

Business

JERA and ExxonMobil have reached an agreement on the development of hydrogen and ammonia

Magazine Team Mar 26, 2024 0
Japan’s largest power producer, JERA, and energy giant ExxonMobil have agreed to collaborate on the development of a low-carbon hydrogen and ammonia production facility in the US. The partnership aims to involve JERA as a co-owner of an…
Energy News

ACWA forces offline Moroccan CSP plant following leak

Magazine Team Mar 25, 2024 0
Due to a breach in the hot molten salts tank, Saudi energy producer ACWA Power has announced the forced shutdown of its NOOR III project in Morocco. It is anticipated that the 150 MW plant, which is part of the Noor Ouarzazate solar…
Energy News

Solarpack closes financing on 300 MW of solar under PPA in Peru

Magazine Team Mar 25, 2024 0
A financing arrangement for €176.6 million ($191 million) has been finalized for the San Martín solar plant in Peru by Solarpack, a Spanish solar project developer. BBVA, BNP Paribas, Natixis Corporate and Investment Banking, and Crédit…
Energy News

Iberdrola consortium wins rights for 375MW Japanese wind farm

Magazine Team Mar 25, 2024 0
For the construction of a 375 MW offshore wind farm, Japan has chosen a consortium consisting of Iberdrola Renewables Japan, Japan Renewable Energy, and Tohoku Electric Power. The business operator for the consortium, GK Happo Nioshiro…
Business

Citizen Solar launches a 590 W TOPCon bifacial module boasting an efficiency of 22.84%

Magazine Team Mar 24, 2024 0
Citizen Solar, a company based in Gujarat, has introduced a new series of solar modules utilizing n-type tunnel oxide passivated contact (TOPcon) technology. These modules are available in various configurations, offering power outputs…
Business

FRV and Harmony Energy have initiated a 99MW/198MWh BESS project in the UK

Magazine Team Mar 24, 2024 0
Fotowatio Renewable Ventures (FRV) and Harmony Energy, both part of Abdul Latif Jameel Energy, have successfully activated the Clay Tye battery energy storage system (BESS) in Essex, UK, with a capacity of 99MW/198MWh. This BESS, one of the…
Energy News

Primergy Solar is in the process of creating a 400-megawatt solar and storage project for California…

Magazine Team Mar 24, 2024 0
Primergy Solar, a developer, owner, and operator of utility-scale solar and energy storage projects, has secured a long-term power purchase agreement (PPA) with San Diego Community Power (SDCP) for the entire capacity of its 400-MWAC and…
Business

Acwa Power refinances $580m Al Dur Phase II IWPP debt.

Magazine Team Mar 24, 2024 0
ACWA Power, the largest private sector water desalination company listed on the Saudi stock exchange, has successfully refinanced $580 million in existing debt for Bahrain’s Al Dur Phase II Independent Water and Power Project (IWPP).…
Business

ITT expands pump testing capabilities in Germany, India and Saudi Arabia.

Magazine Team Mar 24, 2024 0
ITT Inc is allocating around US$11 million for the expansion of testing facilities at three of its Industrial Process (IP) locations to bolster capacity for significant project acquisitions in its flow sector. The enhancements at IP…
Business

Bentley Systems Reveals CEO Transition Plan in Commemoration of its 40th Anniversary.

Magazine Team Mar 24, 2024 0
Bentley Systems, the infrastructure engineering software company, has announced that effective July 1, 2024, Greg Bentley will transition from CEO of Bentley Systems to Executive Chair of its Board of Directors. Nicholas Cumins, the current…
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