Siemens is acquiring gas equipment manufacturer Dresser-Rand for $7.6 billion dollars in a move meant to help the German conglomerate capitalize on the US energy boom. Earlier this year Siemens bought “most” of Rolls-Royce’s civil energy operation for $1.3 billion. The acquisitions are also likely motivated by a desire to remain competitive with rival GE, which… Keep reading →
Energy News Roundup: Major Siemens Acquisition, Solar City Batteries for Everyone! And $1.2B NJ Infrastructure UpgradeBy Jared Anderson
Deepwater Wind has received the final federal approval required to advance its proposed Block Island Wind Farm, which would be the nation’s first offshore wind project. On September 5, 2014, Deepwater Wind announced that its proposed Block Island Wind Farm has received final federal permit from the U.S. Army Corps of Engineers, the project’s lead… Keep reading →
GE’s apparently successful takeover of key segments of Alstom’s prized energy business raised eyebrows when many thought German energy giant Siemens would prevail. Siemens’ unwillingness to part with its train signaling business – a critical concession made by GE – is reportedly one aspect of the deal that tipped negotiations in GE’s favor. Interestingly, the… Keep reading →
The conflict between North and South Sudan is rapidly deteriorating amid talk of war. The South last Friday and Saturday reportedly shut in 900 oil wells and signed a deal with Kenya to construct a new pipeline that would divert exports away from the North. “What the South will pay to ship oil north to… Keep reading →
Blessed with abundant surface water resources and a considerable amount of associated hydroelectric power, Brazil has lots of renewable energy, and a lot of room to generate additional power from renewable sources like wind and solar.
Brazil is the world’s second largest hydro power consumer behind China, but a sharp contrast between wet and dry seasons – along with occasional droughts – has driven the country to import LNG in recent years to supplement its energy security. Keep reading →
But BrightSource, the concentrating solar power startup with 9 GW of projects in the pipeline, has not ruled out another attempt at a public launch. Keep reading →
A customized approach to individual projects and problems is necessary as the world moves to upgrade, expand and in some cases completely rework its energy infrastructure.
“If we’re not going to get federal legislation, then regulations and standards assume great importance,” Alstom Senior Vice President Joan MacNaughton told Breaking Energy following the Economist Group’s Global Energy Conversation in November. MacNaughton participated in the event following her role as Executive Chair of the World Energy Council’s 2011 Energy Policies Assessment Report. Keep reading →
Two hydropower contracts for 180 million euro in Latin America: http://bit.ly/omuFFc Alstom