finance – Page 6 – Thinking Port

Last Energy Secures PPAs for 34 SMR Nuclear Power Plants in Poland and the UK

March 23, 2023 admin advanced nuclear, Business, finance, Fuel, full coverage, International, last energy, Markets, micro modular nuclear, microgrid, news, Nuclear, Poland, Power Demand, pwr-20, smr, Technology, uk

Credit to Author: Sonal Patel| Date: Thu, 23 Mar 2023 14:26:49 +0000

Last Energy, a U.S.-based micro modular nuclear technology firm and project developer, has secured power purchase agreements (PPAs) for 34 PWR-20 small modular reactor (SMR) units with four industrial partners in the UK and Poland. The deals, which represent a combined $18.9 in power sales, mark “the largest pipeline of new nuclear power plants under […]

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Understanding How Securitization Can Help with Power Plant Retirements

March 1, 2023 admin Business, Coal, coal power plant retirement, finance, full coverage, news, plant retirements, power, ratepayer-backed bonds, restructure, Securitization

Credit to Author: Aaron Larson| Date: Wed, 01 Mar 2023 05:11:00 +0000

Power companies across the nation are being pressured to retire fossil-fueled power plants and transition to cleaner energy resources. But many existing fossil plants have not been completely paid off or

The post Understanding How Securitization Can Help with Power Plant Retirements appeared first on POWER Magazine.

Canada Immigration

Want to protect your money as an immigrant or refugee to Canada? Avoid these fringe banking mistakes

February 22, 2023 admin article position 3, bank, banking in canada, finance, microloans, pawn shops, savings, sponsor content, Tax, tax services, windmill

Credit to Author: Windmill Microlending| Date: Wed, 22 Feb 2023 12:30:31 +0000

Regulated by the federal government, Canada’s banking system is considered among the world’s safest and most stable. However, immigrants and refugees can sometimes find themselves being taken advantage of by fringe financial services in Canada like payday loan companies, cheque-cashing outlets, rapid-refund tax outlets or pawn shops. As a result, they can lose their hard-earned income […]

The post Want to protect your money as an immigrant or refugee to Canada? Avoid these fringe banking mistakes first appeared on CIC News.

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Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss

February 2, 2023 admin 5.x platform, Business, delisting, finance, GERMANY, International, Markets, news, siemens, siemens energy, siemens gamesa, Spain, Wind

Credit to Author: Darrell Proctor| Date: Thu, 02 Feb 2023 16:04:30 +0000

Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]

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Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss

February 2, 2023 admin 5.x platform, Business, delisting, finance, GERMANY, International, Markets, news, siemens, siemens energy, siemens gamesa, Spain, Wind

Credit to Author: Darrell Proctor| Date: Thu, 02 Feb 2023 16:04:30 +0000

The post Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss appeared first on POWER Magazine.

Canada Immigration

Buying a home in Canada as a non-Canadian

January 13, 2023 admin buying a home, Canada, canada real estate, finance, housing, housing in canada, immigration, settle, settling, Students, temporary residents, work permits

Credit to Author: Edana Robitaille| Date: Fri, 13 Jan 2023 13:00:10 +0000

The Prohibition on the Purchase of Residential Property by Non-Canadians Act was passed in parliament in June 2022 and came into effect on January 1 this year. Broadly speaking, the new regulations will prohibit the purchase of a residential property by any foreign investor who is not a Canadian citizen or permanent resident. The regulations […]

The post Buying a home in Canada as a non-Canadian first appeared on CIC News.

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10 Near-Term Global Power Sector Trends

January 4, 2023 admin Business, Carbon Capture, clean energy, Coal, diversification, electricity affordability, electricity demand, energy security, finance, Fossil Fuels, full coverage, Gas, Hydro, hydrogen, iea, International, investment, news, Nuclear, Solar, supply chains, Technology, trends, Wind, world energy outlook

Credit to Author: Sonal Patel| Date: Tue, 03 Jan 2023 05:17:14 +0000

While 2021 provided its own share of extraordinary energy debacles, Russia’s invasion of Ukraine in early 2022 cascaded into full-blown energy turmoil. This year will begin with the world “in the midst of

The post 10 Near-Term Global Power Sector Trends appeared first on POWER Magazine.

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10 Near-Term Global Power Sector Trends

Credit to Author: Sonal Patel| Date: Tue, 03 Jan 2023 05:17:14 +0000

The post 10 Near-Term Global Power Sector Trends appeared first on POWER Magazine.

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NET Power Consolidates Business to Gear Up for Allam Cycle Power Plant Deployment

December 22, 2022 admin allam cycle, baker hughes, brayton cycle, Business, combustor, finance, full coverage, Gas, net power, news, Technology

Credit to Author: Sonal Patel| Date: Thu, 22 Dec 2022 21:51:49 +0000

NET Power will combine with Rice Acquisition Corp. II (RAC II), a decarbonization solutions special purpose acquisition company (SPAC), in a new business direction designed to accelerate the deployment of NET Power’s much-watched novel natural gas–fired power plant technology. When the business combination transaction closes as expected in the second quarter of 2023, the new company, […]

The post NET Power Consolidates Business to Gear Up for Allam Cycle Power Plant Deployment appeared first on POWER Magazine.

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GE Hitachi Formally Enters BWRX-300 SMR in UK Race for New Nuclear

December 22, 2022 admin advanced nuclear, Business, bwrx-300, energy security, finance, full coverage, ge hitachi, International, Markets, news, Nuclear, nuclear strategy, regulatory, Research and Development, smrs, Technology, uk

Credit to Author: Sonal Patel| Date: Thu, 22 Dec 2022 14:57:16 +0000

GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to UK authorities, kicking off a key regulatory process that could give the advanced nuclear technology a competitive edge as the country races to potentially triple its nuclear capacity to up to 24 GW by […]

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