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The Chinese firm will carry out the transaction through its wholly-owned subsidiary China Southern Power Grid International (HK) (CSGI HK). Based in Luxembourg, Encevo has two subsidiaries –
The post China Southern Power Grid to acquire minority stake in Encevo appeared first on Compelo Energy.

UGGERNAUT PROGRAM HIGHLIGHTS: Inaugural drill program started on Empire at the MaxMin zone 2018 IP survey at Big One identifies significant chargeability anomaly in the subsurface coincident with

Utility experts flocked to Johannesburg last month and talked how the skies the limit for the future opportunities and challenges of grid expansion and modernization in Africa.

The Allison Road solar farm is made up of nearly 29,000 panels in a single-axis tracker array. The Gallup farm is expected to generate more than 20 million kWh annually.

At closing, the acquisition will represent approximately 6,750 barrels of oil equivalent (Boe) per day of production and 10,600 net acres in the core of the Williston Basin.
The post Northern Oil and Gas signs deal to acquire W Energy Partners appeared first on Compelo Energy.

Recently, Volcan Investments, which currently holds about 67% of Vedanta, has made an offer of $10.89 or 825 pence per share for each share held in Vedanta. The
The post Vedanta Resources recommends $1bn takeover offer from Volcan appeared first on Compelo Energy.

Under the terms of the deal, Siemens will build the Herne-6 unit which will have an electrical capacity of more than 600MW. It will have capacity to produce
The post Siemens to build 600MW combined cycle power plant in Germany appeared first on Compelo Energy.

Upon closing of the Transaction, Asanko received US$165 million in cash from Gold Fields, with the remaining US$20 million receivable in cash upon achievement of an agreed Esaase
The post Gold Fields acquires stake in Asanko gold mine in Ghana appeared first on Compelo Energy.

(Wed, 01 Aug 2018) Fuel ethanol production capacity in the United States reached more than 16 billion gallons per year, or 1.06 million barrels per day (b/d), at the beginning of 2018, according to EIA's most recent U.S. Fuel Ethanol Plant Production Capacity report. Total listed, or nameplate capacity, of operable ethanol plants increased by 5%—more than 700 million gallons per year—between January 2017 and January 2018.

When we take a look back to see what new technologies have been talked about as challenging the accepted ways at utility companies, we can identify certain trends that are rising to the top. Typical among the technologies cited by utility stakeholders are cloud computing, digital transformation and IoT, electric vehicles, distributed/renewable energy sources and security.

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