Contracts and deals - Page 1

Stay up to date with the latest Contracts and deals updates from the global modern power systems industry

Latest Contracts and deals Update

Strabag and Exergy in geothermal alliance
10 May, 2022
Exergy International and Strabag’s plant engineering and...
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First Ampelmann W2W for US offshore industry
Wednesday, April 27, 2022 by Ampelmann has signed its first contract in the US offshore wind market. An E1000 motion compensated system will be supplied to the marine transportation and towing company Otto Candies...

Germany agrees LNG supply deal with Qatar
Tuesday, March 22, 2022 by Germany’s economy and climate minister Robert Habeck has initiated an energy partnership with the Emir of Qatar which includes both the supply of liquefied natural gas (LNG)...

Thermal power plants to become energy storage facilities
Tuesday, March 22, 2022 by E2S Power and India Power Corp have signed a Memorandum of Understanding to work closely on transforming fossil fuel power stations in India into thermal storage systems for...

Nexans wins US offshore wind export cables contract
Tuesday, March 15, 2022 by Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution Wind Farm. The project will connect the wind farm to the onshore...

FEED competition contracts awarded for UK’s East Coast Cluster
Wednesday, December 22, 2021 by On behalf of its partners, bp, the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP), has awarded contracts as part of its dual Front...

Hitachi ABB to lead Egypt-Saudi interconnector consortium
Wednesday, October 13, 2021 by Hitachi ABB Power Grids has announced that it is to lead the consortium that has been awarded the contract, worth several hundred million US dollars, for the first ever large-scale...

£25 million backing for HydrogenOne
Wednesday, July 07, 2021 by INEOS Energy has agreed to purchase 25 million shares in the forthcoming IPO of HydrogenOne Capital Growth plc, representing 10% of the fund target of £250 million. HydrogenOne...

GE and IHI sign ammonia agreement
Tuesday, June 29, 2021 by GE, and Japan’s IHI Corporation, have announced the signing of a Memorandum of Understanding to cover the collaborative definition and development of a gas turbine business...

New submarine link to connect Europe and Asia
Tuesday, June 22, 2021 by Prysmian Group has been awarded a contract worth a total of around €140 million by the Turkish utility TEIAS for the design, supply, installation and commissioning of two...

MAN Energy takes over H-TEC Systems
Tuesday, June 22, 2021 by MAN Energy Solutions has acquired the majority of shares in the Augsburg-based electrolyser manufacturer H-TEC Systems. Its shareholding has been increased to almost 99 %. The...

Drax and MHI to create world’s largest negative emissions project
Tuesday, June 15, 2021 by Drax Group and Mitsubishi Heavy Industries Engineering, Ltd., part of the MHI Group, have agreed a long-term contract for Drax to use its carbon capture technology, the Advanced KM...

Ørsted and HOFOR agreement on hydrogen power
Tuesday, June 01, 2021 by On 31 May Ørsted and HOFOR (a Greater Copenhagen utility) entered into an agreement that will secure green power for part of the potential 1.3 GW Green Fuels for Denmark project...

Black & Veatch enlisted in Drax ‘net zero’ effort
Tuesday, May 04, 2021 by UK power provider Drax has awarded Black & Veatch a role on the company’s Technical Services Framework. Drax operates biomass and hydro renewable power generation assets. In addition...

Ørsted acquires Ireland and UK onshore wind power platform
Tuesday, April 20, 2021 by On 16 April Ørsted entered into an agreement with Brookfield Renewable, an owner and operator of renewable power assets, to acquire a 100 % equity interest in its existing Ireland and...

Sale of Bergen to TMH halted
Tuesday, April 13, 2021 by In an unusual use of the National Security act to prevent a transaction between private parties, the Norwegian government has announced that it has halted the sale of Bergen Engines...

GE and Sembcorp seal Sofia transmission deal
Tuesday, April 13, 2021 by The consortium of GE Renewable Energy’s Grid Solutions and Sembcorp Marine has been awarded the full contract to supply the HVDC transmission system converter substations for RWE’s 1.4...

80 MWh energy storage project for Georgia
Tuesday, April 13, 2021 by Wärtsilä has been awarded a contract to supply the ‘engineered equipment delivery’ (EEQ) of a 40 MW/80 MWh DC-coupled solar plus storage system to the Hickory Park Solar project...

GE wins its largest-ever onshore wind contract
Tuesday, April 06, 2021 by GE Renewable Energy has contracted to provide onshore wind turbines for the 1485MW North Central Wind Energy Facilities in Oklahoma, its largest single onshore order to date. Under...

National Grid shifts emphasis away from gas
Tuesday, March 23, 2021 by National Grid has announced plans to buy Western Power Distribution, which operates across the UK’s south west and midlands, from US energy giant PPL Corporation for £7.8bn. WPD is...

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