Drax reaches agreement to sell gas assets for £193m

The British power producer plans to use the proceeds from the sale to develop its biomass business

Croatian firm lent €130m for efficient heat and power units

HEP will replace outdated turbines and boilers with combined cycle gas turbine units

E.ON pave the way with CCGT

E.ON today opened a combined cycle gas turbine (CCGT) power plant in Hungary, the country’s most up-to-date, they claim. The company has invested approximately €400 million into the plant and has a capacity of 433MW. CCGT plants are suited to speedily and flexibly balancing out load fluctuations in the grid which arise from the increasing, […]