Duke Energy to sell commercial distributed generation business to ArcLight for $364 million

Duke Energy (NYSE: DUK) today announced it has reached an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC (collectively, “ArcLight”), a leading middle market infrastructure investor, for an enterprise value of $364…

Read MoreDuke Energy to sell commercial distributed generation business to ArcLight for $364 million

Duke Energy power restoration progresses with more than 169,000 customers now back in service

Duke Energy crews continue to make progress in bringing customers back to service from Thursday’s powerful storms, with approximately 169,000 customers restored. Crews are also responding to power outages from new storm systems that have caused an additional 20,000 outages,…

Read MoreDuke Energy power restoration progresses with more than 169,000 customers now back in service

InterGen awards contract to GE Vernova aiming to boost power and efficiency at Coryton Power Plant in the UK

 Continuing to keep customers’ gas turbine fleets competitive in the UK’s energy marketplace, GE Vernova’ Gas Power business (NYSE: GE) today announced an order from InterGen, one of the largest independent power producers in the United Kingdom, for two High Efficiency…

Read MoreInterGen awards contract to GE Vernova aiming to boost power and efficiency at Coryton Power Plant in the UK

GE Vernova’s Solar & Storage Solutions business and Fortune Electric sign MoU to supply Battery Energy Storage System solutions in Taiwan

GE Vernova’s Solar & Storage Solutions business announced it has signed a Memorandum of Understanding (MoU) with Fortune Electric to manufacture its Battery Energy Storage Solutions (BESS) in Taiwan. This agreement supports GE Vernova’s introduction of its energy storage portfolio…

Read MoreGE Vernova’s Solar & Storage Solutions business and Fortune Electric sign MoU to supply Battery Energy Storage System solutions in Taiwan

ENGIE strengthens its power transmission activity in Brazil by winning a new concession to construct and operate 1 000 km of transmission lines.

ENGIE has won one  lot in the auction organized by the Brazilian Electric Energy Agency (ANEEL) on Friday, June 30th. The winning bid for lot 5 offered a final Annual Permitted Revenue (RAP) of R$ 249.3 million. The 30-year concession…

Read MoreENGIE strengthens its power transmission activity in Brazil by winning a new concession to construct and operate 1 000 km of transmission lines.

Enel X Way strengthens its collaboration with Saba and focuses on the electrification of parking lots in Italy

 Enel X Way and Saba Italia SpA, a leading company specializing in public parking management, have initiated a collaboration in Italy that will open up new charging opportunities for electric vehicle owners, with 51 charging infrastructures to be made available in 17 parking lots managed…

Read MoreEnel X Way strengthens its collaboration with Saba and focuses on the electrification of parking lots in Italy

Baoshen Railway Shenshuo Company Sets New Record in Daily Operation of 10,000-tonne Trains

On June 18, Baoshen Railway Shenshuo Company’s Shenchi Nankou and Shuozhou Xikou stations marshalled a total of 214 heavy-haul trains, including 105 10,000-tonne trains, setting a new record for the daily operation number of 10,000-tonne trains. Since the start of…

Read MoreBaoshen Railway Shenshuo Company Sets New Record in Daily Operation of 10,000-tonne Trains

As summer temperatures climb, Duke Energy Foundation adds $100,000 to assist Indiana families struggling to pay their energy bills

The Duke Energy Foundation is dedicating an additional $100,000 in financial assistance to Indiana customers who may be struggling to pay their energy bills this summer. The funding is made possible through the company’s Share the Light Fund, which helps individuals…

Read MoreAs summer temperatures climb, Duke Energy Foundation adds $100,000 to assist Indiana families struggling to pay their energy bills

Four Florida energy companies begin active energy trading on the Southeast Energy Exchange Market platform

The Southeast Energy Exchange Market (SEEM) today announced that four Florida energy companies — Duke Energy Florida, JEA, Tampa Electric Company and Gainesville Regional Utilities — have initiated active energy trading, which now allows them to buy and sell power…

Read MoreFour Florida energy companies begin active energy trading on the Southeast Energy Exchange Market platform