Engineering, procurement, and construction

Valmet to supply a biomass power boiler and a flue gas cleaning system to Tahara Biomass Power LLC in Japan

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Martedì, Dicembre 28, 2021
Paper, Nasdaq Helsinki, Electricity, Environment, EUR, Efficiency, JFE, Boiler, JFE Holdings, EPC, Wood, Technology, Automation, Biomass, CFB, Engineering, Plant, Engineering, procurement, and construction, Top-lit updraft gasifier, Tokyo Stock Exchange, Coal, Iron, Renewable energy, Valmet

HELSINKI, Dec. 28, 2021 /PRNewswire/ -- Valmet will supply a biomass power boiler and a flue gas cleaning system to Tahara Biomass Power LLC in Tahara, Japan.

Key Points: 
  • HELSINKI, Dec. 28, 2021 /PRNewswire/ -- Valmet will supply a biomass power boiler and a flue gas cleaning system to Tahara Biomass Power LLC in Tahara, Japan.
  • "We are proud to supply one of the largest biomass-fired boiler plants in Japan with a maximum biomass combustion capacity.
  • Valmet's delivery includes a biomass fired 112 MWeValmet CFB Boiler and a flue gas cleaning system.
  • Tahara Biomass Power LLC is a special purpose company owned by JFE Engineering Corporation, Chubu Electric Power Co., Inc., Toho Gas Co., Ltd., and Tokyo Century Corporation.

SOLV Energy, Formerly Known as Swinerton Renewable Energy and SOLV, Inc., Announces Completion of Acquisition by American Securities

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Giovedì, Dicembre 23, 2021
EPC, Maintenance (technical), O&M, Operation, SRE, Education, Weil, Gotshal & Manges, SOLV, Engineering, Industry, Growth, Acquisition, Solar energy, Organization, LLP, Lazard, Engineering, procurement, and construction, American Securities, SAN, Wiki-Solar, Partnership, Renewable energy, Maintenance

Formerly known in the industry as Swinerton Renewable Energy (SRE) and SOLV, Inc., the acquisition brings together two of the largest solar EPC and O&M portfolios under the SOLV Energy name.

Key Points: 
  • Formerly known in the industry as Swinerton Renewable Energy (SRE) and SOLV, Inc., the acquisition brings together two of the largest solar EPC and O&M portfolios under the SOLV Energy name.
  • SOLV Energy has built over 9 GW of solar capacity and manages 8 GW of renewable assets across 26 states.
  • The management team and employees of SRE and SOLV, Inc. have transitioned to SOLV Energy, and continue to deliver best-in-class services going forward.
  • "Together as SOLV Energy, our EPC and O&M groups will provide comprehensive turnkey solutions across the entire project lifespan," said George Hershman, President of SOLV Energy.

Lightsource bp Closes Financing Package and Mobilizes Construction on 173 Megawatt Pollinator-friendly Solar Project in Indiana

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Martedì, Dicembre 21, 2021
Alternative Energy, Energy, Utilities, Environment, Sumitomo Mitsui Banking Corporation, Twitter, Research Park at the University of Illinois Urbana-Champaign, HSBC, University, HSBC Bank USA, Risk management, Life, Leadership, Chicago, ING Group, SOLV, HSBC Bank, SMFG, ESG, Argonne National Laboratory, CEO, National Renewable Energy Laboratory, LinkedIn, NatWest, National Association, EPC, Verizon Communications, SMBC, Research, Climate, Lightsource BP, NatWest Group, Construction, Biodiversity, Instagram, U.S. Department of Defense Strategy for Operating in Cyberspace, Bank of America, Growth, Bank, Engineering, procurement, and construction, Engineering, Renewable energy, Financial services, Light, Bellflower

Lightsource bp has successfully closed on a $376 million multi-project financing package and mobilized construction on its 173 megawatt (dc) Bellflower Solar project, located about 40 miles east of Indianapolis in Henry and Rush Counties.

Key Points: 
  • Lightsource bp has successfully closed on a $376 million multi-project financing package and mobilized construction on its 173 megawatt (dc) Bellflower Solar project, located about 40 miles east of Indianapolis in Henry and Rush Counties.
  • Kevin Smith, CEO of the Americas, Lightsource bp: This project financing transaction is a demonstration of the continued confidence that top-tier investors and power offtakers have in Lightsource bp, and the quality of our solar assets.
  • Bellflower Solar is part of a 466 megawatt, $376 million portfolio financing package for multiple solar projects.
  • SOLV Energy was selected by Lightsource bp as the Engineering, Procurement, and Construction (EPC) Contractor for the project.

GameChange Solar Announces $150 Million Preferred Stock Investment from Koch Strategic Platforms

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Giovedì, Dicembre 16, 2021
Solar energy, Citigroup, Technology, Solution, Company, Growth, Industry, Engineering, procurement, and construction, KBX, Silicon, Research, Investment, Acceleration, GameChanger, Software, EPC, Koch Industries, Renewable energy, KSP, Engineering

NORWALK, Conn., Dec. 16, 2021 /PRNewswire/ -- GameChange Solar Holdings Corp. ("GameChange Solar", or "GameChange"), a leading provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms ("KSP"), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company's strategic developmentgoals.

Key Points: 
  • NORWALK, Conn., Dec. 16, 2021 /PRNewswire/ -- GameChange Solar Holdings Corp. ("GameChange Solar", or "GameChange"), a leading provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms ("KSP"), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company's strategic developmentgoals.
  • "KSP is excited to invest in GameChange Solar as they bring their advantaged solar energy solutions to market," said Jeremy Bezdek, managing director of Koch Strategic Platforms.
  • $150 million preferred stock investment which, if converted, would represent a minority stake in GameChange Solar;
    Investment follows extensive due diligence into GameChange's advanced solar mounting solutions, tracking and software, historical performance, and project pipeline; and
    The parties continue to explore strategic partnerships in key areas of focus, supporting additional growth opportunities for GameChange Solar and Koch.
  • GameChange Solar provides comprehensive utility and commercial scale solar mounting solutions, tracker and software to renewable developers and engineering, procurement and construction firms globally.

GameChange Solar Announces $150 Million Preferred Stock Investment from Koch Strategic Platforms

Retrieved on: 
Giovedì, Dicembre 16, 2021
Solar energy, Citigroup, Technology, Solution, Company, Growth, Industry, Engineering, procurement, and construction, KBX, Silicon, Research, Investment, Acceleration, GameChanger, Software, EPC, Koch Industries, Renewable energy, KSP, Engineering

NORWALK, Conn., Dec. 16, 2021 /PRNewswire/ -- GameChange Solar Holdings Corp. ("GameChange Solar", or "GameChange"), a leading provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms ("KSP"), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company's strategic developmentgoals.

Key Points: 
  • NORWALK, Conn., Dec. 16, 2021 /PRNewswire/ -- GameChange Solar Holdings Corp. ("GameChange Solar", or "GameChange"), a leading provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms ("KSP"), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company's strategic developmentgoals.
  • "KSP is excited to invest in GameChange Solar as they bring their advantaged solar energy solutions to market," said Jeremy Bezdek, managing director of Koch Strategic Platforms.
  • $150 million preferred stock investment which, if converted, would represent a minority stake in GameChange Solar;
    Investment follows extensive due diligence into GameChange's advanced solar mounting solutions, tracking and software, historical performance, and project pipeline; and
    The parties continue to explore strategic partnerships in key areas of focus, supporting additional growth opportunities for GameChange Solar and Koch.
  • GameChange Solar provides comprehensive utility and commercial scale solar mounting solutions, tracker and software to renewable developers and engineering, procurement and construction firms globally.

"Shanghai Electric Day" at Dubai Expo 2020 China Pavilion Greets Visitors with its Achievements in New Energy and Intelligent Equipment

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Giovedì, Dicembre 16, 2021
Shanghai Electric, ACWA Power, Growth, China pavilion at Expo 2010, Environment, One Block Off the Grid, Plant, Exhibition, COVID-19, CEO, AED, Mohammed bin Rashid Al Maktoum Solar Park, CSP, Engineering, procurement, and construction, Future, EPC, World's fair, Carbon, Renewable energy, Engineering

"As one of the leading providers of energy and industrial equipment, Shanghai Electric is helping to accelerate UAE's clean energy transition and reshape its energy mix for a green future by bringing its state-of-the-art smart solutions to Mohammed bin Rashid Al MaktoumSolar Park.

Key Points: 
  • "As one of the leading providers of energy and industrial equipment, Shanghai Electric is helping to accelerate UAE's clean energy transition and reshape its energy mix for a green future by bringing its state-of-the-art smart solutions to Mohammed bin Rashid Al MaktoumSolar Park.
  • Through this landmark event, I hope Shanghai Electric can further strengthen cooperation with partners in UAE and beyond," said Wang Rui, Director-General of the China Pavilion at Dubai Expo 2020.
  • Zhou Guangyao, Deputy Director of the China Pavilion at Dubai Expo 2020, and Abdulhameed AlMuhaidib, CEO of Noor Energy 1, attended the event alongside company representatives from Shanghai Electric and ACWA Power.
  • Named 'The Light of China', the China pavilion is one of the largest exhibition buildings at the Dubai Expo 2020 and allows global audiences to visit the venue through a "cloud experience"

"Shanghai Electric Day" at Dubai Expo 2020 China Pavilion Greets Visitors with its Achievements in New Energy and Intelligent Equipment

Retrieved on: 
Giovedì, Dicembre 16, 2021
Shanghai Electric, ACWA Power, Growth, China pavilion at Expo 2010, Environment, One Block Off the Grid, Plant, Exhibition, COVID-19, CEO, AED, Multimedia, Mohammed bin Rashid Al Maktoum Solar Park, CSP, Engineering, procurement, and construction, Future, EPC, World's fair, Carbon, Renewable energy, Video game, Engineering

"As one of the leading providers of energy and industrial equipment, Shanghai Electric is helping to accelerate UAE's clean energy transition and reshape its energy mix for a green future by bringing its state-of-the-art smart solutions to Mohammed bin Rashid Al MaktoumSolar Park.

Key Points: 
  • "As one of the leading providers of energy and industrial equipment, Shanghai Electric is helping to accelerate UAE's clean energy transition and reshape its energy mix for a green future by bringing its state-of-the-art smart solutions to Mohammed bin Rashid Al MaktoumSolar Park.
  • Through this landmark event, I hope Shanghai Electric can further strengthen cooperation with partners in UAE and beyond," said Wang Rui, Director-General of the China Pavilion at Dubai Expo 2020.
  • Zhou Guangyao, Deputy Director of the China Pavilion at Dubai Expo 2020, and Abdulhameed AlMuhaidib, CEO of Noor Energy 1, attended the event alongside company representatives from Shanghai Electric and ACWA Power.
  • Named 'The Light of China', the China pavilion is one of the largest exhibition buildings at the Dubai Expo 2020 and allows global audiences to visit the venue through a "cloud experience"
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McDermott Named EPC Contractor of the Year by the Federation of Indian Petroleum Industry

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Mercoledì, Dicembre 1, 2021
Senior, Safety, Federation, Swaminathan, Health, McDermott, Engineering, Contract, Solution, Engineering, procurement, and construction, COVID-19, McDermott International, Housing, DLV, Communication, EPC, Reliance Industries, Natural gas, FIPI, HSE, Risk management, Renewable energy

HOUSTON, Dec. 1, 2021 /PRNewswire/ -- McDermott International was named Engineering, Procurement and Construction (EPC) Contractor of the Year by the Federation of Indian Petroleum Industry (FIPI) at a ceremony in Delhi, India, on Nov. 26, 2021.

Key Points: 
  • HOUSTON, Dec. 1, 2021 /PRNewswire/ -- McDermott International was named Engineering, Procurement and Construction (EPC) Contractor of the Year by the Federation of Indian Petroleum Industry (FIPI) at a ceremony in Delhi, India, on Nov. 26, 2021.
  • This is the second time FIPI has recognized McDermott as EPC Contractor of the Year in India.
  • McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties.
  • Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

Woodfibre LNG awards EPFC contract to McDermott

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Martedì, Novembre 23, 2021
Carbon, Adoption, Technology, BP, McDermott, Engineering, Contract, EPFC, Solution, Columbian Issue, Global warming potential, McDermott International, Nation, Communication, Limited, Squamish Nation, Engineering, procurement, and construction, Construction, Natural gas

VANCOUVER, BCand HOUSTON, Nov. 23, 2021 /PRNewswire/ --Woodfibre LNG has signed an Engineering, Procurement, Fabrication, and Construction (EPFC) contract with McDermott International.

Key Points: 
  • VANCOUVER, BCand HOUSTON, Nov. 23, 2021 /PRNewswire/ --Woodfibre LNG has signed an Engineering, Procurement, Fabrication, and Construction (EPFC) contract with McDermott International.
  • The EPFC contract is an important step in advancing detailed engineering and construction scheduling work in advance of Woodfibre LNG issuing a notice to proceed.
  • "Our contract with McDermott is a positive step forward for this substantial piece of clean energy infrastructure," said Christine Kennedy, president of Woodfibre LNG.
  • The EPFC contract commits McDermott to Woodfibre LNG's hiring priority for qualified Squamish Nation members and local workers first, followed by British Columbians and then Canadians.

enfinium Kelvin waste-to-energy facility achieves financial close

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Martedì, Novembre 16, 2021
Industry, Environment, Engineering, Electricity, Sumitomo Mitsui Banking Corporation, EPC, Coronavirus, FSI, Sandwell Metropolitan Borough Council, Biffa, Environment Agency, Mitsubishi UFJ Trust and Banking Corporation, Mitsubishi, Engineering, procurement, and construction, Renewable energy, Recycling

LONDON, Nov. 16, 2021 /PRNewswire/ -- enfinium today reached financial close on a new 395,000 tonnes per annum waste-to-energy facility in West Bromwich, Midlands.

Key Points: 
  • LONDON, Nov. 16, 2021 /PRNewswire/ -- enfinium today reached financial close on a new 395,000 tonnes per annum waste-to-energy facility in West Bromwich, Midlands.
  • enfinium Kelvin will create more than 400 jobs during construction and over 40 full-time jobs, once operational, bringing significant economic benefit and investment to the local area.
  • This comes on the back of the successful financial close in July of the enfinium Skelton Grange facility in Leeds, West Yorkshire", said Chief Executive Officer Julia Watsford.
  • In January, enfinium Kelvin signed a long-term waste supply contract for over 50% of the facility's annual capacity with SUEZ .