Trading News

31. Agreement For The Sale Of Walney Extension Transmission Assets 6/2/2020

    Walney Extension Limited, a joint venture owned by Ørsted (50%), PKA (25%) and PFA (25%), today announced that it has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Walney Extension.

32. Tata Power To Manage Power Distribution In Central Odisha From 1^st June Onwards 6/1/2020

    Tata Power, India’s largest integrated power utility, today, announced that it has taken over the management of CESU, after receiving the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply of electricity in Odisha’s five circles consisting of Bhubaneshwar, Cuttack, Puri, Paradeep and Dhenekal.

33. Northvolt And Vattenfall Launch Battery Energy Storage System 5/18/2020

    Northvolt has launched a new battery energy storage solution, Voltpack Mobile System– a rugged, highly modular lithium-ion battery solution envisioned as a zero-emission alternative to replace diesel generators.

34. PUC Of Texas Extends DNP Protections For Customers Of PUC-Regulated Water, Sewer And Non-ERCOT Electric Utilities 5/15/2020

    In today’s open meeting, the Public Utility Commission of Texas continued its efforts to mitigate the impact of the COVID-19 pandemic on the low-income customers of Texas utilities by extending to June 13th the suspension of disconnections for non-payment by vertically integrated electric utilities outside of ERCOT (namely Entergy, El Paso Electric, SPS and SWEPCO) and water and sewer utilities regulated by the PUC, superseding the May 15th expiration date originally ordered in the commissioners’ open meeting on April 17, 2020.

35. Siemens Gamesa To Supply Innovative Hybrid Plant In The Philippines For Berkeley Energy, Reducing Fossil Fuel Use In A Remote Location 5/12/2020

    Siemens Gamesa is fast advancing on an innovative hybrid energy project in Puerto Galera on the island of Mindoro in the Philippines that will provide a stable electricity supply in a location with a weak link to the grid, reducing its dependence on diesel.

36. GE Energizes The Largest And First-Of-Its-Kind STATCOM Scheme In Europe For UK’s National Grid 5/7/2020

    GE Renewable Energy’s Grid Solutions business [NYSE:GE) has successfully energized the Dynamic Reactive Compensator (DRC) project for National Grid in the UK.

37. ABB Power Grids Commissions World’s First Transmission Line Under The Yangtze River 5/4/2020

    In a bid to decrease coal consumption and move towards clean energy, China is introducing technologies that reduce carbon footprint. Due to China’s large geographic size, power sources are mostly located away from cities.

38. ABB Wins $100M Framework Contract To Strengthen South America’s Power Grid 4/14/2020

    ABB’s Power Grids business has signed a five-year framework contract estimated to be worth around $100M with South America’s largest utilities company, Interconexion Electrica S.A. E.S.P. (ISA).

39. OSU Partners With USGS On Electrical Mapping Project To Help Protect Power Grid 4/7/2020

    Oregon State University will carry out large-scale mapping of the electrical properties of Earth’s crust and mantle beneath the southern and southwestern United States under a new two-year, $2.5M cooperative agreement with the U.S. Geological Survey.

40. Nokia Deploys World’s First 450 MHz Private Wireless LTE Network PoC For Power Grid Operators In Poland 4/7/2020

    Nokia today announced that leading Polish energy sector company PGE Systemy has chosen its 5G-ready, industrial-grade private wireless solution, following the successful trial of a 450 MHz PoC network in operation since April 2019.