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The transaction to acquire GE Industrial Solutions was announced on September 25, 2017, and is expected to be accretive to operational EPS in the first year. The $2.6
The post ABB acquires GE Industrial Solutions for $2.6bn appeared first on Compelo.

The NDA’s Chief Executive, David Peattie, said: “This decision marks a new approach to managing the 12 Magnox sites but is consistent with a similar change we made
The post Magnox to become subsidiary of UK NDA appeared first on Compelo.

Said to be the first subsea development in the Caspian Sea, the BP-operated Shah Deniz 2 project is the starting point for the 3,500km Southern Gas Corridor (SGC)
The post BP begins gas delivery from $28bn Shah Deniz 2 project in Azerbaijan appeared first on Compelo.

The export cable installation in the German North Sea was done in order to connect the offshore wind farms Trianel Windpark Borkum II, developed by Trianel, and Borkum

The board of directors approved the asset sales on 25 June. The planned asset dispositions represent the first phase of a multi-phase portfolio optimization initiative designed to sharpen
The post Sempra Energy intends to sell energy infrastructure assets appeared first on Compelo.

The proposed battery storage project, which is expected to be the one of the largest of its kind globally, is planned to be built under a 20-year resource
The post Vistra Energy plans to build 300MW battery storage facility in US appeared first on Compelo.

This certification confirms that Alta has set a new record and continues to hold the world record efficiency for this type of solar cell. This breakthrough, combined with
The post Alta Devices acheives 28.9% efficiency for single junction solar cell appeared first on Compelo.

(Tue, 03 Jul 2018) Fossil fuels—petroleum, natural gas, and coal—have accounted for at least 80% of energy consumption in the United States for well over a century. The fossil fuel share of total U.S. energy consumption in 2017 was the lowest share since 1902, at a little more than 80%, as U.S. fossil fuel consumption decreased for the third consecutive year.

LG Electronics announced plans for a new solar module assembly plant in Huntsville, Ala. The new factory will create about 160 new full-time jobs, increasing LG's Huntsville employment by 60 percent to more than 400 workers.

IRS clarifies solar ITC rules for “beginning construction."

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