RWE, a German energy company, has agreed to acquire the 1.4 GW Magnum gas-fired power plant in the Netherlands from Vattenfall for $534 million. Magnum has been in operation since 2013 at Eemshaven, in the Dutch province of Groningen. Reportedly, the power plant is ‘hydrogen-ready,’ which means it can run on hydrogen partially or completely.
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The hydro division of GE Renewable Energy has been awarded a contract by SPIC Brasil to carry out a comprehensive modernisation project at São Simão Hydroelectric Power Plant in Brazil. The project, which is located between the towns of Santa Vitória and São Simão, has six generating units with a total capacity of 1.71 GW, enough to power six million homes.
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LG Electronics USA and Sunverge Energy are collaborating together on a residential virtual power plant project with consumers in Northern and Central California — one of the first pilot programmes in the US to integrate load control and PV/energy storage control holistically.
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