Energy

Aggreko has won a £37 million contract to supply temporary power to the Olympic and Paralympic Games in London in 2012.

The Glasgow-based company has been awarded a contract by the London Organising Committee of the Olympic Games and Paralympic Games (LOCOG) to be the exclusive supplier of temporary energy services for the event.

Aggreko will provide about 220 megawatts of power to the games—around 60 megawatts more than it supplied at the 2008 Beijing Olympics.

Proterra Inc, manufacturer of zero-emission commercial transit solutions, today announced the completion of its first bus assembled entirely at its Phase 1 manufacturing facility in Greenville, South Carolina.

The Phase 1 facility at 25 Whitlee Court is manufacturing Proterra's EcoRide BE35™ buses and FastFill™ charging stations.

Proterra is working with local support to break ground on its larger state-of-the-art Phase 2 plant located on Clemson University's International Center for Automotive Research campus in the spring of 2011.

The West African nation of Ghana is due to pump its first oil today following the discovery of the offshore Jubilee Field three years ago.

A consortium led by UK-based Tullow Oil hopes to produce 55,000 barrels per day increasing to 120,000 barrels in six months, with Ghana expected to earn around $400 million (£254 million) in the first year. Ghana’s government has forecast a boost to the country’s economic growth rate of up to seven per cent in the space of a year—from five per cent to 12 per cent.

Eagle Oil Holding Company, Inc announced today that it has concluded a new drilling study to further develop the W H Siler Lease in East Texas.

The program will incorporate the new technologies that use "directional" drilling or "radial" drilling being offered as solutions for older field development in the industry. The program is being geared for use in the less developed East side of the field, with startup in mid 2011.

Canadian Solar Solutions Inc., one of the world's largest solar companies, and SkyPower Limited, one of Canada's largest owners and developers of solar energy projects, today announced they have signed an engineering, procurement and construction (EPC) agreement to commission two solar parks with a nameplate capacity of 18.5 megawatts (MW) in Ontario.

Scottish oil services giant Wood Group has announced it is to take over rival PSN in a £600 million deal.

The merger of the two Aberdeen-based firms will create the UK’s biggest oil services company. It will also be Wood’s largest acquisition to date.

PSN, an international energy services company, will merge with Wood’s Production Facilities business to create the brownfield production services provider, Wood Group PSN.

SunPower Corp, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, is set to expand with a major new corporate operations center in Austin, Texas.

The company announced today the receipt of a $2.5 million investment from the Texas Enterprise Fund and a $900,000 grant from the City of Austin. The new center will create 450 jobs in the region over the next four years, beginning with 115 jobs in 2011.

Algonquin Power & Utilities Corp today announced that Liberty Energy Utilities Co, its regulated utility subsidiary, is to acquire two utilities in New Hampshire from National Grid USA.

The Oakville, Ontario-based utility said Liberty Energy has entered into agreements to acquire all issued and outstanding shares of Granite State Electric Company, a regulated electric utility, and EnergyNorth Natural Gas Inc, a regulated natural gas utility, for a total consideration of US$285 million.

Ten companies, agencies and universities have joined an initiative between The Gas Company (TGC), one of Hawaii's major utilities, and General Motors to make hydrogen-powered vehicles and a fueling infrastructure a reality in Hawaii by 2015.

The plan, called the Hawaii Hydrogen Initiative (H(2)I), aims to integrate hydrogen as an essential building block for Hawaii's sustainable energy ecosystem.

HSBC Holdings has said in a report that Qatar may have to lift a moratorium on further development at North Field, the world's largest natural gas reservoir, in order to generate enough electricity to stage the 2022 World Cup.

According to a report by Bloomberg, analysts from HSBC Holdings suggested that increased power needs due to the influx of labour and energy requirements for new hotels could encourage the moratorium on additional gas exploration at North Field to be lifted.