Company news - Page 1

Rigged tenders?
Wednesday, March 15, 2023 by RWE Renewables UK is pursuing a damages claim of £9.24 million against two Prysmian Group member companies under the Appeal Tribunal Rules 2015 of the UK’s Competition Act 1998. The...

Argus launches price index for low-carbon ammonia
Tuesday, February 28, 2023 by Global energy and commodity price reporting agency Argus has launched a suite of new cost indicators for the production of ammonia, which looks set to play an important role in the...

Vestas unveils circularity solution for WTG blades
Tuesday, February 14, 2023 by Vestas is working on commercialisation of a new solution that would bring epoxy-based turbine blades into a circular economy, without the need for changing the design or composition...

Uniper initiates arbitration proceedings against Gazprom
Tuesday, December 06, 2022 by Uniper has initiated arbitration proceedings against Russia's Gazprom Export (GPE) before an international arbitral tribunal. In the proceedings, which will take place in...

Renescience for sale
Wednesday, November 09, 2022 by Ørsted says its Renescience energy-from-waste technology is currently “in a divestment process.”

Exergy unveils corporate rebrand
Friday, November 04, 2022 by On 3 November Exergy International announced the launch of its corporate rebrand, resulting in a new visual identity and a new website, to reflect the transformation undergone by...

GE suffers renewables turndown, but sees growth in gas generation
Tuesday, November 01, 2022 by GE has reported a 2022 third quarter showing some disparity across its renewable energy and power businesses. The company’s onshore wind turbine revenues were $2.445 billion for...

Siemens Gamesa sells renewables assets to SSE
Tuesday, September 06, 2022 by Siemens Gamesa has announced the completion of its sale of South European renewables development assets to SSE for a total cash consideration of €613 million. €580 million corresponds...

RWE acquires 3 GW solar pipeline in Poland
Tuesday, August 30, 2022 by RWE has further strengthened its European renewables business by acquiring Alpha Solar, a Polish photovoltaic development company. With this acquisition RWE gains a solar project...

Uniper draws down entire €9 bn credit facility
Tuesday, August 30, 2022 by ‪‪On 29 August Uniper drew down €2 billion under its existing credit facility with the KfW banking group, thereby using to the fullest extent its credit facility of €9 billion, a...

Reduced Russian gas flow heavily impacts Uniper’s H1 2022 results
Tuesday, August 23, 2022 by Uniper’s reported results for the first half of 2022 showed heavy losses, owing to the impact of reduced gas imports from Russia.

Drax reports increased profits and renewables progress
Tuesday, August 02, 2022 by In its first half 2022 performance figures Drax Group has reported strong financial performance, and developments in its investment in renewables.

ABB to spin off its Accelleron business
Tuesday, July 26, 2022 by ABB to spin off its turbocharging division Accelleron and list the company on the SIX Swiss Exchange. The transaction will “allow both ABB and Accelleron to focus on their respective...

GE energy businesses to be re-branded GE Vernova
Tuesday, July 19, 2022 by GE has announced the brand names of the future companies it will create through its planned separation during the next two years into three global, investment-grade public...

RWE halts personnel early retirements as coal firing is ramped up
Tuesday, June 21, 2022 by RWE, Germany’s largest energy company, has halted early retirement of employees in reaction to the government’s decision to increase the use of coal-fired power while gas supplies...

RWE issues €2 billion green bond
Tuesday, May 24, 2022 by RWE has successfully issued a further green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each with maturities in 2026 and 2030. For the...

Gas Technology Institute re-named GTI Energy
Tuesday, May 03, 2022 by The Gas Technology Institute, located in Des Plaines, Illinois, has updated its name to GTI Energy to ‘reflect the breadth of its mission and capabilities across energy systems’....

Aggreko commits to greener fuels switch
Wednesday, April 06, 2022 by Power rentals major Aggreko has confirmed its commitment to reaching net zero emissions by beginning the transition from diesel to greener fuel sources in its fuel management...

Assessment of H2 plant readiness at Grain
Wednesday, March 30, 2022 by GE has announced that is has commenced its hydrogen plant readiness assessment of Grain power station in Kent, England, which is the newest combined-cycle gas turbine (CCGT) power...