Trading News
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Peterhead Groundbreaking Marks Start Of Construction On The UK's Biggest Ever Electricity Transmission Project
9/26/2024
A milestone in the step towards decarbonising national energy infrastructure, representatives from SSEN Transmission and National Grid Electricity Transmission (NGET), who will deliver the project as a joint venture, took the first ceremonial spadefuls of earth marking the start of main construction, at events held in Peterhead in Aberdeenshire and Drax in North Yorkshire.
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Nexans Awarded Contract For First Transmission Link From Orkney Islands In Scotland
9/16/2024
Nexans, a global leader in the design and manufacturing of cabling systems and services, has signed the contract for the Orkney Link by SSEN Transmission following the capacity reservation agreement signed in November 2023.
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Scatec Signs PPA For 1 GW Solar And 100 MW/200 MWh Battery Storage Project In Egypt
9/12/2024
Scatec ASA has signed a USD denominated 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid project in Egypt, the first of its kind in the country.
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RWE Marks Major Milestone With Installation Of HVDC Offshore Converter Platform For Sofia Offshore Wind Farm
8/29/2024
RWE, one of the world’s leading companies in offshore wind, has achieved a major milestone in the delivery of its flagship Sofia Offshore Wind Farm with the successful installation of the Offshore Converter Platform (OCP) which converts high voltage alternating current (AC) to high voltage direct current (DC) This critical infrastructure sits at the heart of the wind farm and is RWE’s first offshore deployment of High Voltage Direct Current (HVDC) technology.
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Remee Wire & Cable Announces An Expanded Line Of PowerPipe™ Distribution Cables
8/28/2024
Remee Wire & Cable, a leading manufacturer of electronic wire and cable, announced the expansion of their PowerPipe™ cables with the addition of a series of new copper multipair cables rated CL4Z for OSP (outside plant), direct burial, and wet location applications
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Algoma Steel Applauds Approval Of New 230kV Transmission Line In Sault Ste. Marie, Supporting Regional Growth And Green Steel Transition
8/28/2024
Algoma Steel Group Inc. (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today congratulates PUC (Transmission) LP (“PUC Transmission”) and Hydro One Sault Ste.
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Bangladesh Power Development Board And ib Vogt Sign Agreement For 50 Mwac Solar Power
8/1/2024
During a signing ceremony in Dhaka, the Power Division under the Ministry of Power, Energy and Mineral Resources, the Bangladesh Power Development Board (BPDP) and Power Grid Bangladesh PLC have signed a Power Purchase Agreement (PPA) and Implementation Agreement (AI) for a 50 MWac solar PV plant with Sonagazi Solar Power Limited, sponsored by ib vogt.
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Salgenx Unveils Revolutionary 3000 kWh Saltwater Battery System With Integrated Hydrogen Power Generation
7/28/2024
Salgenx, a leader in innovative energy storage solutions, is proud to announce the launch of its groundbreaking 3000 kWh saltwater battery system. This revolutionary technology not only stores substantial amounts of energy but also produces hydrogen as a byproduct, which can be utilized in a microturbine to generate additional power.
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Integrated Power In Germany: Totalenergies Launches New 100 MW / 200 MWh Battery Storage Development
7/24/2024
TotalEnergies has taken the final investment decision for a 100 MW /200 MWh battery storage project in Dahlem, North Rhine-Westphalia.
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ACCIONA Energía Signs PPA With Iberostar Group For The Supply Of Renewable Electricity In Spain
7/22/2024
ACCIONA Energía announced today a new power purchase agreement (PPA) to supply 80GWh/year of 100% renewable electricity to Iberostar Group for 11 years. The supply will cover all the electricity requirements of Iberostar offices and hotels, and those of its World2meet travel division, throughout Spain.