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Business 2004 P14



Shell Solar to provide backup power for Athens City-County Health Department
Shell Solar and one of its solar contractors, Third Sun Solar and Wind Power, announced Tuesday that they have completed installation of 20 photovoltaic (solar) panels at the Athens City- County Health Department in Ohio.

Ireland's Viridian signs agreement with ICIS Technology
Energia, a member of the Viridian Group PLC and the largest independent supply company in Ireland has signed an agreement for ICIS Technology Limited's Energy Management System, RetailOffice. ICIS is a wholly owned subsidiary of Siemens Power Generation.

SNC-Lavalin Invests $60m in New York City natural gas power plant
Canadian engineering and construction company SNC-Lavalin Group Inc. announced Monday that its wholly owned affiliate, SNC-Lavalin Generation Inc. has signed an agreement to invest $60m in Phase l of a new natural gas power plant in greater New York city as part of a group of Canadian and American investors.

Celg to raise $125m on international markets
Brazilian power distributor Celg said Friday it plans to raise as much as $125m on international markets to finance the expansion of its power supply network, reports Business News Americas.

BNDES gives Cesp extra month to pay $8.4m interest
Brazil's national development bank BNDES has given Sao Paulo state-owned power generator Cesp until May 15 to meet a 24.2mn-real ($8.4m) interest payment, the bank said in a statement Tuesday as reported by Business News Americas. The previous deadline was April 15.

MSEB supports US Dabhol settlement
Seeking to distance itself from the controversy over not bidding for Enron's equity in Dabhol Power Company in US Bankruptcy court, Maharashtra State Electricity Board (MSEB) on Tuesday said the agreement reached by GE, Bechtel, Overseas Private Investment Corporation (OPIC) and Enron last week was a comprehensive settlement of all claims and litigation among themselves.

Vogt Power International and Ormis SpA join forces in the Italian HRSG market
Vogt Power International Inc. (VPI), located in Louisville, KY, a subsidiary of Babcock Power Inc. (BPI), based in Danvers, MA, has announced that it has recently formed a new company, Vogt-Ormis Power S.r.l., in conjunction with Gruppo Ormis SpA (Ormis) to undertake project execution and aftermarket services for HRSGs within Italy.

Constellation NewEnergy to supply electricity to GSA facilities in New York City
Constellation Energy Group announced Thursday that its subsidiary, Constellation NewEnergy has been awarded a three-year electricity supply contract with the US General Services Administration (GSA) in New York City.

Reliant signs tolling agreement with Nevada Power
Reliant Energy's new Bighorn electric generating facility will begin supplying 452 MW of capacity to Nevada Power Company beginning this summer.

VRB Power signs telco power development pact with Magnetek Inc.
VRB Power Systems Inc.("VRB Power") has announced the signing of a Memorandum of Understanding with Magnetek Inc., Telecom Power Group ("Magnetek") a global leader in advanced digital power solutions, to jointly develop a battery replacement product utilizing the Vanadium Redox Battery Energy Storage System ("VRB-ESS") technology.

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