Energy Update
Fluor has started the mechanical construction for The Dow Chemical's new ethylene derivative plant in Freeport, Texas, US.
Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar power in the world, helping Prime Minister Narendra Modi reach his ambitious clean-energy goals.
Calls from the industry and utilities including Vattenfall AB for Germany to auction more offshore wind blocs are unlikely to fall on sympathetic ears until voters elect a new parliament.
Two industrial gas turbines, manufactured by Siemens, are being transported 16,000km from Sweden to the Termoeléctrica del Sur power plant in Bolivia.
Anyone looking for clues as to the direction of global oil demand would be well advised to count the number of electric bicycles dodging traffic in China’s streets.
(Mon, 15 May 2017) Exports of finished petroleum products from the Central Atlantic region of the United States (Petroleum Administration of Defense District, or PADD 1B) reached a record high in February 2017. Increased exports were driven by lower prices for several petroleum products in the Central Atlantic region compared with prices in other regions in the Atlantic Basin.
ESCO Technologies Inc. has acquired NRG Systems, Inc. (NRG), doing business as Renewable NRG Systems, located in Hinesburg, Vt. NRG, founded in 1982, provides design and manufacture of decision support tools for the renewable energy industry, primarily wind.
More than 200 guests were on hand today as Swiss utility Alpiq inaugurated the expanded 480-MW Forces Montrices Hongrin-Leman pumped storage hydroelectric plant.
Kansas utility Westar Energy recently signed an agreement that will provide commercial and industrial entities access to power purchase agreements for a 250-MW wind farm project.
The Maryland Public Service Commission, in a May 11 decision, awarded offshore wind renewable energy credits (OREC) to two projects to be built off the coast of Maryland.
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