Contracts and deals - Page 2Stay up to date with the latest Contracts and deals updates from the global modern power systems industry
State Grid confirms CPFL deal
China's State Grid Corporation says it is to buy a majority stake in CPFL Energia, one of Brazil's largest privately-owned power generation and distribution companies.
Vattenfall sells German lignite operations
Vattenfall has signed an agreement worth SEK33 billion to sell its lignite operations in Germany to Czech firm EPH.
Power industry deal value continues to decline
The global power industry saw 2855 deals worth just over $610 billion occur in 2015, representing a decrease of 17% in the number and 8% in deal value compared to 2014.
E.On, RWE sell Enovos stakes
Luxembourg and investment company Ardian have signed an agreement with E.On and RWE to purchase the German utilities' shares in Enovos International.
Areva bale-out has stalled
Negotiations to bale out French engineering company Areva have hit a significant roadblock.
Commission opens investigation into GE's acquisition of Alstom's energy businesses
The European Commission has opened an in-depth investigation to assess whether GE's proposed acquisition of the Thermal Power, Renewable Power & Grid businesses of Alstom is in line...
Saudi Arabia to build integrated solar and CC plant
Saudi Electricity Company (SEC) has selected GE for a project that marks Saudi Arabia's first integration of a solar field with a combined-cycle plant and the first introduction...
ABB wins $40 million grid strengthening contract in Sri Lanka
ABB has won an order worth about $40 million from Ceylon Electricity Board (CEB) to supply two new 220 kV substations and upgrade an existing substation in Sri Lanka.
Clean coal IPP for Dubai?
DEWA has announced a competitive tender to select a developer (or developer consortium) to own 49% of a project company to build and operate a 1200 MWe clean coal IPP project.
Dong divests UK power plant
Dong Energy has signed an agreement with a consortium of investors for the sale of its 832 MW gas fired power plant in South Wales.
Voith to form joint venture with RusHydro
Voith Hydro and RusHydro have signed a contract to establish a 50/50 joint venture company.
Alstom enters Canada's wind market
Alstom and NaturEner Energy Canada Inc. have entered into an agreement for the supply of up to 414 MW of wind turbines to be installed at NaturEner's two Wild Rose projects in Alberta.
Siemens wins wind power order from Japan
A supply and install turbine order for the Akita Port onshore wind power project has been awarded to Siemens.
PLN signs Sarulla contracts
A major geothermal energy project in Indonesia has taken a step forward with the signing of operation and sales contracts, according to local media.
ETI awards energy system design contracts
The UK's Energy Technologies Institute (ETI) has awarded contracts for research into improving the design of the country's power system.
Alstom makes €1 bn wind deal in Brazil
Alstom Renewable Power has signed a memorandum of understanding with Renova Energia, a prominent wind power generator in Brazil, to supply, operate and maintain around 440 onshore...
Alstom to supply hydro equipment for Grand Renaissance dam
Alstom has signed a €250 million contract with Metals & Engineering Corporation (METEC) to supply turbines and generators for the power plant of the Grand Renaissance hydroelectric dam.
Agreement reached on sale of E.ON Energy from Waste
E.ON has signed agreements to form a joint venture (JV) with EQT Infrastructure II, to acquire 100% of the equity of E.ON Energy from Waste.