ABB Snags $450M Contract for Norway-UK Undersea Link. ABB on July 14 won a $450 million contract to supply high-voltage direct current (HVDC) converter stations at both ends of the…
Alstom
Australia Slashes Its Renewable Target to 33 TWh. The parliament of coal-rich Australia on June 23 approved legislation to slash the country’s Renewable Energy Target from 41 TWh to 33…
![Alstom Offers Discount to Seal GE Acquisition Deal](https://www.powermag.com/wp-content/uploads/2015/07/Alstom_GasTurbine_Alstom.jpg)
As part of a remedy package to appease the European Commission, Alstom will accept $331 million less than the original $13.63 billion purchase price offered by General Electric (GE) to…
![Ten Advanced Combustion Systems That Are Getting the Government’s Backing](https://www.powermag.com/wp-content/uploads/2013/09/Stock_Cybersecurity_Skazama.jpg)
Ten projects selected on June 8 to receive funding through the National Energy Technology Laboratory's (NETL's) Advanced Combustion Systems Program could lower costs and improve the performance of combustion systems…
![Leveraging Generation Synergies with Hybrid Plants](https://www.powermag.com/wp-content/uploads/2015/04/PWR_040115_PlantDesignHybrid_Fig1.jpg)
Everyone loves efficiencies. Combining generation technologies can create a plant that’s more than the sum of its parts, but engineering challenges mean these projects are not for the faint of…
![Siemens and MHI Considering Joint Bid for Alstom](https://www.powermag.com/wp-content/uploads/2014/04/Stock_CashMoney_Commons.jpg)
While General Electric (GE) waits for the French government to approve its bid for Alstom’s power and grid divisions, other companies are using the time to consider offers of their…