ABB, the leading power and automation technology group, and global wind energy company Vestas today signed a partnership agreement whereby they will contribute with their respective technologies to help rural communities in developing markets gain access to affordable clean electricity.
Eni signed today a cooperation agreement with Korea Gas Corporation (KOGAS) to further strengthen their relationship in a number of areas, particularly in the upstream and LNG sectors. The agreement will allow the companies to jointly pursue opportunities worldwide.
Toshiba Corporation (Tokyo: 6502) and United Technologies Corporation (NYSE: UTX) today announced that they have entered into an agreement to strengthen the strategic collaboration between the two companies through their joint venture, Toshiba Carrier Corporation (TCC).
HOCHTIEF is selling its offshore assets to marine contractor and long-term partner GeoSea, a subsidiary of the DEME group.
Exelon Generation has joined with CB&I (NYSE: CBI) of The Woodlands, Texas, and 8 Rivers Capital of Durham, NC to build NET Power's first-of-a-kind demonstration power plant that will validate a new natural gas power system that produces zero atmospheric emissions, including carbon dioxide.
NRG eVgo, a subsidiary of NRG Energy, Inc., has completed installation of the largest corporate deployment of electric vehicle (EV) charging stations in Southern California. eVgo has installed and will manage 60 charging stations at Sony Pictures Entertainment's historic Lot and its offices in Culver City in order to provide workplace charging for their employees with electric vehicles.
Statoil (OSE: STL, NYSE: STO) has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding company, and 12.4% share in the Azerbaijan Gas Supply Company (AGSC) to the Malaysian oil and gas company PETRONAS. The transaction value is USD 2.25 billion.
ABB today opened a new production facility in Cibitung, West Java, to double ABB’s miniature circuit breaker (MCB) production capacity within the region, to meet growing market demands driven by rapid urbanization and the growing industrial sector. The move is in line with the company’s PIE growth strategy (market penetration, innovation, expansion).
AREVA and Schneider Electric have signed an R&D agreement to develop a new energy storage solution, called the flow battery in order to produce and store electricity by combining hydrobromic acid and hydrogen.
Jacobs Engineering Group Inc. (NYSE:JEC) announced today the opening of its Elko, Nevada office, which strategically enhances the company’s ability to provide professional services, including engineering, construction and maintenance services, to new and existing clients in Nevada.