Duke Energy to sell non-regulated Midwest generation business to Dynegy
August 24 2014 -
Duke Energy recently announced Dynegy will buy its non-regulated Midwest Commercial Generation Business for $2.8 billion in cash, which includes ownership interests in 11 power plants and Duke Energy Retail Sales, the company's competitive retail business in Ohio.
The completion of the transaction is conditioned on approval from the Federal Energy Regulatory Commission, the expiration of the waiting period under the Hart-Scott Rodino Act, and the release of certain credit support obligations. Closing is expected to occur in three to six months.
Armenian thermal plant to supply energy to Georgia
August 22 2014 -
A new thermal power plant to be built in Armenia will supply electricity to neighboring Georgia, Energy and Natural Resources Minister Yervand Zakharian said recently. The announcement was made after a corresponding agreement was finalized with representatives of the company, Anaklia IEP Holding, on the second and final day of Georgian Prime Minister Irakli Gharibashvili’s visit to Yerevan.
New turbomachinery technology to increase ammonia production
August 22 2014 -
Compressor Controls Corporation recently released Ammonia Solutions, a Prodigy-based turbomachinery control system technology that is expected to maximize machine availability, increase production and reduce energy costs.
Donaldson Co. to acquire gas-turbine filter maker in the Middle East
August 20 2014 -
Donaldson Co. recently agreed to buy a gas-turbine filter maker in the United Arab Emirates that generates just $22 million in annual revenues but offers sizable growth potential and much-desired geographic diversity. The purchase of Northern Technical, a manufacturer of air filter intake systems for gas turbines, is expected to give Bloomington-based Donaldson a new perch from which to manage its existing Europe, Middle East and African gas turbine business.
Standard Aero establishes new component repair and development capabilities in Canada
August 14 2014 -
Standard Aero’s Component Services (SACS), located in Cincinnati, Ohio has expanded its component repair and development facilities with the addition of new capabilities at its Winnipeg, Manitoba, Canada campus.
P&W Power Systems to provide new gas turbine generator package for Argentina plant
August 9 2014 -
P&W Power Systems, Inc. (PWPS), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has announced a contract with Generación Frías S.A., a subsidiary company of Albanesi S.A., to provide an FT4000 Swiftpac unit for its location in Frías, Santiago del Estero, Argentina. This will be the first FT4000 Swiftpac in Latin America. To be delivered in 2014, the unit is expected to start commercial operation in May 2015.
LPP combustion skid targets smooth dual-fuel operation in microgrids
August 4 2014 -
LPP Combustion thinks their breakthrough can advance microgrid applications in places like the Williston Basin oilfields, capturing the associated natural gas at the well site to generate electricity for use in oil/gas operations and the surrounding communities.
LPP Combustion LLC, the Columbia, MD-based combustion technology company recently touted yet another proposed well site solution to North Dakota's seemingly intractable flaring problem as part of a presentation at the power conference of the American Society of Mechanical Engineers (ASME) in Baltimore.
Life cycle costs front and center at Turbo Expo 2014
August 4 2014 -
Turbo Expo 2014 took place in Dusseldorf, Germany in June under the auspices of the ASME’s International Gas Turbine Institute (IGTI). Mike Ireland, ASME Managing Director ASME Research & Technology Development, introduced the keynote session by calling Turbo Expo the “flagship conference for ASME”, and as such, this year’s event enjoyed a highest ever attendance at over 3000 people, up from 2400 in 2013. A further record was set with had 1,229 papers presented in 329 sessions. The exhibit featured 118 vendors.
MHPS, Hitachi to provide H-25 gas turbine for combined cycle plant in China
July 28 2014 -
Mitsubishi Hitachi Power Systems (MHPS) and Hitachi (China) have jointly secured a contract to provide an H-25 gas turbine for Ningbo Kefeng Thermal Power (NKTP). The new gas turbine will be an important component of a gas turbine combined cycle (GTCC) power generation plant with about 50MW output.