SolarReserve and Shenhua Group to Partner in Building 1,000 Megawatts of Advanced Solar Energy Projects in China

by Timothy Reeder | May 5, 2016 | News

SolarReserve, LLC, a leading global developer of utility-scale solar power projects with proprietary advanced solar thermal energy storage technology, and Shenhua Group Corporation, Ltd., a key state-owned enterprise in the People’s Republic of China, announced...

Siemens wins order for offshore wind power plant in the German Baltic Sea

by Timothy Reeder | Apr 29, 2016 | News

Siemens has received an order for the supply, installation and commissioning of 60 direct-drive offshore wind turbines, each with a capacity of six megawatts (MW). The customer for the project is a consortium between the German power provider E.ON based in Essen, and...

Siemens receives major order for 102 wind turbines for offshore wind power plant

by Timothy Reeder | Apr 29, 2016 | News

Siemens has received a major order for its offshore wind power business: the company is to supply, install and commission 102 wind turbines, each with a capacity of seven megawatts and a rotor diameter of 154 meters, for the East Anglia ONE project. The customer is...

Siemens signs long-term service agreement for Umm Al Houl power plant in Qatar

by Timothy Reeder | Apr 29, 2016 | News

Siemens has been awarded a 25-year long-term service agreement for the planned Umm Al Houl combined cycle power plant in Qatar. The customer is Umm Al Houl Power Q.S.C., a company established through a partnership among Qatar Electricity and Water Company (QWEC),...

Leaders Aim to Put a Price on Half of All Global Carbon Emissions

by Timothy Reeder | Apr 28, 2016 | News

Ten leaders, including Chancellor of the Federal Republic of Germany Angela Merkel, Mexican President Enrique Peña Nieto, and World Bank Group President Jim Yong Kim, have laid out goals in a joint vision statement to expand carbon pricing to cover 25 percent of...

Statoil releases 1st quarter results

by Timothy Reeder | Apr 27, 2016 | News

“Our financial results were affected by low oil and gas prices in the quarter. We delivered strong operational performance across all business areas, high production efficiency and results in line with expectations from liquids trading and refining. The guidance...