ENGIE, Microsoft Seal Innovative ‘Firm Power’ PPA for 230 MW Wind and Solar in Texas

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 15:03:14 +0000

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ENGIE, the world’s largest independent power producer, has signed an innovative volume firming agreement (VMA) with Microsoft that will allow the technology giant to buy “firm” power from wind and solar projects in Texas under a specially structured power purchase agreement (PPA).  The companies on Sept. 24 said the long-term PPA will allow Microsoft to […]

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Chile Presents a Coal Exit Plan

Credit to Author: POWER| Date: Mon, 01 Jul 2019 00:00:00 +0000

Chile, a country that relied on coal for about two-fifths of its power generation in 2016, in June announced it would mothball eight coal plants, totaling 23 GW, of its existing 28-plant coal fleet over the

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POWER Digest [June 2019]

Credit to Author: POWER| Date: Sat, 01 Jun 2019 00:00:00 +0000

Ansaldo Leads Research Initiative for Low-NOx High-Hydrogen Retrofit Solution. The Dutch government has awarded six partners—Ansaldo Thomassen, Delft University of Technology, OPRA Turbines, Vattenfall

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ENGIE to Exit 20 Countries, Refine Transition Growth Strategy 

Credit to Author: Sonal Patel| Date: Thu, 28 Feb 2019 13:48:51 +0000

Multinational power and gas giant ENGIE, which embarked on an aggressive transition toward zero-carbon three years ago, saw tempered revenue growth over 2018, owing in part to its disposal of thermal generation businesses in the UK and Poland, and the 1-GW Loy Yang B coal-fired power plant in Australia. ENGIE CEO Isabelle Kocher, who outlined […]

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THE BIG PICTURE: World’s Biggest Power Companies

Credit to Author: POWER| Date: Fri, 01 Feb 2019 05:00:41 +0000

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

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