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Energy Business Review

TVA begins operations of 880MW combined cycle plant

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The Tennessee Valley Authority (TVA) has commenced commercial operations of the John Sevier combined cycle plant, located near Rogersville, Tennessee, US.
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SGS to inspect Lanco’s 250MW gas power plant in Iraq

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India-based Lanco Group has selected SGS to provide equipment and material inspection services and to manage on-site quality control for the construction of its new gas power plant, AKAZ, in Al-Anbar province, Iraq.
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GE Consortium to develop 500MW power project in Australia

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General Electric led consortium including UGL-CH2M HILL Joint Venture (JV) has been selected to execute a 500MW onshore combined cycle power plant for the $34bn Ichthys liquefied natural gas (LNG) project in Australia’s Northern Territory.
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Energreen, Hydro Alternative Energy sign MOU to develop hydro projects in Mexico

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Hydro Alternative Energy (HAE) has signed a memorandum of understanding (MOU) with the Mexican company Energreen, to develop off-shore hydrokinetic energy projects in Mexico.
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LCRA, Fluor break ground on new Ferguson power plant

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The Lower Colorado River Authority (LCRA) and Fluor Corp have commenced work on the design and construction Ferguson Replacement Project in the US state of Texas.
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EBRD grants EUR135m loan for Turkish wind farm

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The EBRD has granted a €135m loan to privately-owned Turkish energy company Enerjisa to build the new 142.5MW Enerjisa Bares WPP, an on-shore independent wind farm in Balikesir.
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Hanwha SolarOne secures $180m term loan

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Hanwha SolarOne has secured a $180m loan facility through its wholly owned subsidiary Hanwha SolarOne Hong Kong.
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Aker Solutions to invest $87m for expansion of global subsea operations

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Norwegian oil services firm Aker Solutions will invest $87m for the expansion of its subsea manufacturing capacity.
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Aztec Drilling & Operating sign contract for 100+ additional wells in US

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Aztec Drilling & Operating has entered into an agreement with Texas Secondary Oil Company (TSOC) for the drilling of 100+ additional wells in US.
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Tennessee nuclear power plant construction approved

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The Tennessee Valley Authority board in the US has approved continuing with construction of the second generating unit at Watts Bar Nuclear Power Plant located on the Tennessee River near Spring City following a revised estimate.
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