#Power Systems

Biz Times

Generac to acquire propane fuel logistics company

Town of Genesee-based Generac Power Systems’ parent company Generac Holdings Inc. plans to acquire Tank Utility, Inc., a Boston-based developer and provider of cloud-based and desktop metering software for fuel delivery companies. Tank Utility’s platform leverages…
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Rolls-Royce and Flanders Electric Offer Retrofit Kit for Hybridizing Mining Trucks

Rolls-Royce and Flanders Electric have agreed to develop a retrofit solution for hybridizing mining trucks with mtu engines, batteries and hybrid control systems, and Flanders drivetrain solutions. The two companies have signed a Memorandum of Understanding enabling them to offer a scalable retrofit kit for hybridizing mining trucks in a wide range of mining applications.
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Smart grids could soften the blow of cyberattacks, but make them more common

The promise of smart grids is decentralization: By pulling from a variety of dispersed power sources—versus the highly centralized model utilities rely on today—the tech could theoretically lead to fewer outages and mitigate the severity of outages that do happen. Smart grids use a combination of AI and sensors to...
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World’s Longest-Operating Solar Thermal Facility is Retiring Most of its Capacity

The Solar Energy Generating Systems (SEGS) facility in California’s Mojave Desert retired five of its solar plants (SEGS 3 through 7) in July 2021 and plans to retire a sixth (SEGS 8) in September 2021, based on information submitted to EIA and published in our Preliminary Electric Generator Inventory. After SEGS 8 is retired, only one solar thermal unit at SEGS will remain operating (SEGS 9). SEGS, which began operating in 1984, is the world’s longest-operating solar thermal power facility.

SaskPower to Invest $71 million at Coteau Creek Hydroelectric Station

SaskPower will invest $71 million over the next five years to extend the operational life of Coteau Creek Hydroelectric Station to provide renewable, zero-emission baseload power to Saskatchewan. Coteau Creek has been in operation for 52 years. Located on the South Saskatchewan River and built in 1969, the Coteau Creek...

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Receives $1.50 Consensus Price Target from Analysts

Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY) have been given an average recommendation of “Hold” by the thirteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $1.50.

Texas credits still feel chill from February freeze

The cost of a February freeze that caused widespread blackouts in Texas and claimed more than 200 lives continues to weigh on bond issues for electric power, rating reports indicate. An upcoming $89 million of revenue bonds for Bryan Texas Utilities earned an A-plus from S&P Global Ratings but a...

Capstone' Distributor Secures 2.4 Megawatt Order To Power Caribbean Resort

Capstone Green Energy Corp (NASDAQ: CGRN) has secured an order for a Caribbean resort redevelopment project that includes 2.4 megawatts (MWs) of C800 Signature Series (C800S) microturbine energy systems. The financial terms of the contract were not disclosed. The order was secured by E-Finity Distributed Generation, Capstone's exclusive distributor for...

SFSC to power district with $30,000 grant from Duke Energy Foundation

AVON PARK — South Florida State College (SFSC) received a $30,000 grant from Duke Energy Foundation to create powerful communities in the college’s district of Highlands, DeSoto and Hardee counties through its initiative, Increasing Training Opportunities for Electrical Lineworker Students by Expanding Training Capacity and Improving Safety. This grant will...

PEDA Invites Bids For 5W Rooftop Solar Power Systems In Punjab

Successful bidders also have to manufacture, supply, erect, test, commission, and ensure net metering and quality control of the rooftop solar projects. The Punjab Energy Development Agency (PEDA) has invited bids to develop 5 MW of grid-connected rooftop solar systems under the renewable energy service company (RESCO) model on government buildings at various locations in the state.

Firms look to bring power ashore from offshore wind farms

Launching a new era in the offshore-wind sector, at least two companies submitted bids to the operator of the regional power grid to fundamentally change how power from offshore wind farms is delivered to customers. PJM Interconnection sought bids to address the power transmission needs created by offshore wind farms...

Minesto unveils new range of power plants

Marine energy developer Minesto has introduced the Dragon Class range of power plants, an upgraded design of its Deep Green technology for predictable renewable electricity generation from tidal and ocean currents. The Dragon Class will be delivered and installed in all of Minesto’s ongoing projects, as well as in the...

Record Power Prices & Blackouts Hit Germany

Just in case anybody thinks that the energy crisis is just a UK one, think again!. This article is from the German site, Blackout News:. The Germans have broken a record again. Drastically increased wholesale prices and expensive emission rights are driving electricity prices in Germany to ever new record levels. In addition, of course, there are also high taxes and levies for renewable energies and the network charges, which we have already listed in our article “This is why we have the most expensive electricity in the world”.

Ghost In The Machine: Edison Lost Currents War But Won A Bigger Prize That Still Helps Keep The Lights On

The World’s Columbian Exposition of 1893 gave Chicago the nickname “White City” for the classical white buildings bathed, at night, by the bright glow of some 100,000 electrical lamps installed at the fair for the first time. But all that luminosity cast a shadow over one towering figure: Thomas Edison. The famous inventor and GE founder was bidding to supply electricity to those lamps, but he just lost the “war of currents” to George Westinghouse when the event’s organizers picked Westinghouse’s alternating current system over Edison’s direct current transmission lines.
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Girding for grids? It'll be the right move in New Mexico

An important task for the elected Public Regulation Commission — before the governor-appointed version of that body takes over — is to smooth the way and incentivize development of microgrids for new, single-family home subdivisions. Microgrid is one of those terms that means different things. Santa Fe Community College has...

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Short Interest Update

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 229,200 shares, a growth of 33.8% from the August 15th total of 171,300 shares. Based on an average daily trading volume, of 10,636,600 shares, the days-to-cover ratio is currently 0.0 days.

Investors Purchase High Volume of Put Options on Ballard Power Systems (NASDAQ:BLDP)

Ballard Power Systems Inc. (NASDAQ:BLDP) (TSE:BLD) was the recipient of unusually large options trading activity on Monday. Traders bought 35,723 put options on the company. This is an increase of approximately 803% compared to the typical volume of 3,958 put options. Shares of NASDAQ BLDP opened at $15.06 on Tuesday....