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

Uniper and Vesta to develop green ammonia terminal
13 September, 2022
‪Uniper Global Commodities and the Dutch company Vesta Terminals have...
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Baker Hughes acquires Brush power generation division
Tuesday, August 16, 2022 by Baker Hughes announced that it has agreed to acquire the Power Generation division of BRUSH Group from One Equity Partners. BRUSH specialises in electric power generation and...

Wärtsilä agreement to guarantee African gold mine operations
Tuesday, June 21, 2022 by Wärtsilä has signed a 5-year performance-based agreement for a 20 MW power plant combined with a 40 MW plant extension installation at a gold mine in Africa. The agreement was signed...

Fugro to develop digital twin of Denmark’s transmission network
Tuesday, June 14, 2022 by Energinet, the Danish national transmission system operator, has awarded Fugro a 5-year framework agreement to capture aerial lidar and imagery data of its 3000 km...

Vestas and EnBW sign agreement for the 900 MW He Dreiht offshore array
Tuesday, June 14, 2022 by Vestas has secured a conditional order agreement to supply 64xV235-15.0 MW wind turbines for EnBW’s 900 MW He Dreiht offshore wind project in 2025. Vestas will also undertake to deliver...

Strabag and Exergy in geothermal alliance
Tuesday, May 10, 2022 by Exergy International and Strabag’s plant engineering and construction division in Dresden, Germany, have agreed on a far-reaching partnership to develop and realise turnkey...

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...

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