Analysis of investment data from the Cleantech Group i3 platform.
Lessons learned for U.S. utilities – drawn from first-person fact-finding.
Siemens received an order for the turnkey construction of the Bandirma II combined-cycle (gas and steam) power plant (CCPP) in Turkey. The purchaser is Enerjisa, a joint venture of Sabanci Holding and E.ON. Upon completion in the spring of 2016, this plant will have an installed capacity of around 600 MW and an efficiency of over 60 percent.
DONG Energy, E.ON and Masdar, marked the official inauguration of London Array, a 630-MW operational offshore wind power plant in Margate, Kent. Siemens was responsible for the supply of 175 wind turbines, the grid connections and will provide service under a long-term agreement with Dong Energy.
New Opportunities: FirstEnergy named James V. Fakult, formerly president, Maryland operations, as president, Jersey Central Power & Light (JCP&L). He succeeds Don Lynch, who retired. James A. Sears, director of operations services at Mon power, was promoted to president of Maryland operations, succeeding Fakult. In related organizational moves, Anthony Hurley, director of operations services at Toledo Edison, was promoted to v.p.
Entergy Mississippi to spin off its transmission business to ITC; Calpine acquires Bosque Power merchant plant in Texas; WPS acquires Fox Energy plant; E.On buys interest in Magic Valley wind farm; plus bond issues by Nstar, Western Mass. Electric, Texas Eastern Transmission, Alabama Power, and NSP totaling $1.55 billion.
Calpine signs PPA with Public Service Company of Oklahoma; TransCanada and Ontario PowerAuthority agree to develop 900-MW gas-fired power plant; Panda selects Siemens to build combined-cycle plant; Progress Energy retires coal plants dating from 1923; Southern Company and Turner acquire 30-MW PV project; PSO begins smart meter pilot rollout; Southern California Edison contracts with Corix to install smart meters; Iberdrola USA hires Burns and McDonnell to review grid infrastructure. Plus contracts and announcements from Itron, eMeter, Echelon, Quanta Services, DNV, Metadigm, Landis+Gyr, and others.