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Latest Company news Update

MHPS ends with boiler settlement
09 January, 2020
MHI and Hitachi have settled their dispute relating to problematic...
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PKN Orlen launches Energa takeover
Wednesday, December 11, 2019 by The Polish utility has announced plans to take over local utility Energa.

Invenergy confirms Colombian partnership
Wednesday, December 11, 2019 by Invenergy has signed a strategic partnership agreement with Colombian utility EPM to build up to 500 MW of renewable energy capacity in the country by 2025.

Engie boosts growth with Renvico acquisition
Wednesday, December 11, 2019 by Engie has invested in a 329 MW wind farm portfolio in Italy and France.

EDF accelerates growth of its renewables portfolio
Wednesday, December 11, 2019 by French energy major EDF has achieved a 70 % increase in gross renewable energy capacity over the last five years, the company has announced.

GIG buys US solar-storage specialist
Wednesday, November 27, 2019 by Green Investment Group (GIG) has completed the acquisition of Savion, a solar and storage project development company focused on commercial-scale projects in the USA.

Shell buys into offshore wind
Wednesday, November 06, 2019 by Oil giant Shell has signed an agreement to buy 100 % of Eolfi, a French renewable energy developer and specialist in the floating offshore wind energy sector.

EDF acquires Pivot
Wednesday, November 06, 2019 by EDF Group has accelerated its development of battery storage and electric vehicle charging technologies with the acquisition of Pivot Power.

Fortum to acquire majority stake in Uniper
Wednesday, October 09, 2019 by Fortum has entered into agreements to acquire a new stake in Uniper in excess of 20.5%.

Macquarie lays out 20 GW GIG investment plan
Wednesday, October 09, 2019 by The Green Investment Group has outlined plans to develop 20 GW of renewable energy capacity around the world in the next five years.

Energy Vaults closes $110 million funding
Tuesday, August 27, 2019 by Switzerland-based Energy Vault has closed a $110 million funding round with investment from SoftBank Group’s Vision Fund.

UK market revival is “crucial for E.ON”
Wednesday, August 14, 2019 by E.ON SE has reported a steep fall in its adjusted Earnings Before Interest and Taxes (EBIT) by 12% at the end of the first half of 2019 compared to last year’s figures.

Senvion accelerates business review
Monday, August 05, 2019 by WTG maker Senvion reports that discussions with potential bidders for its business are at “an advanced stage”.

E.ON acquires Coromatic
Friday, July 12, 2019 by E.ON has acquired a 100 % stake in the Swedish company Coromatic, a leading provider of critical infrastructure in the Nordic region.

Siemens to spin off power and gas businesses
Thursday, May 09, 2019 by Global energy giant Siemens is to undergo a fundamental transformation by spinning off its gas and power divisions into a new entity.

€100 million loan rescues Senvion
Thursday, May 02, 2019 by Wind turbine maker Senvion has secured €100 million in funding to help shore up its finances.

AES sells its Jordan and UK plants
Thursday, April 25, 2019 by AES has signed agreements to sell its interests in six power plants in Jordan and the UK for $211 million, it has announced.

Wärtsilä providing seed funding to Soletair Power Oy
Thursday, April 18, 2019 by Wärtsilä has agreed to provide Euros 500 000 in seed funding to Soletair Power Oy, a Finland based startup company operating in the field of 'Power-to-X'.

Engie, Tokyo Gas create renewables JV
Thursday, April 18, 2019 by Engie and Tokyo Gas Co. Ltd Have announced plans to create a new joint venture to develop renewable energy projects in Mexico.

EGP buys 13 GW Tradewind pipeline
Thursday, April 11, 2019 by Enel Green Power (EGP) says it has closed a deal to purchase Kansas-based renewable developer Tradewind Energy, Inc.

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