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Business 2004 P6



Capstone Turbine creates Capstone International subsidiary
Leading microturbine energy systems manufacturer Capstone Turbine announced today the establishment of subsidiary company -- Capstone International -- and is today opening its first foreign office in Tokyo.

ScottishPower adds 200 MW with Brighton plant purchase
ScottishPower announced Tuesday the purchase of the remaining 50 per cent of Brighton Power Station, a modern 400 MW CCGT plant, and associated contracts, including the benefit of a long-term gas supply agreement, from American Electric Power (AEP) for around £26m ($47m) in cash.

NxtPhase and VA Tech T&D to jointly develop gas insulated switchgear with optical current and voltage Sensors
NxtPhase T&D Corporation, a provider of optical sensor Technology and digital solutions for the electric power industry announced Friday a joint product development and marketing agreement with VA Technologie AG (VA Tech), a global supplier of electric power transmission and distribution systems.

VRB Power acquires Regenesys Electricity Storage Technology
VRB Power Systems Inc. has announced the completion of a transaction with RWE npower PLC whereby VRB Power will purchase an exclusive global license to the intellectual property and acquire all the related physical assets and inventory surrounding the Regenesys electricity storage technology.

Saudi firm interested in Pakistan power privatization
A Saudi Group, Kanooz Al Watan, has expressed its interest to participate in Karachi Electric Supply Company (KESC) privatization.

Elliott and Wood Group agree to form US service alliance
The Elliott Company ("Elliott") and Wood Group Heavy Industrial Turbines Division (WGHIT), part of the Gas Turbine Services division of John Wood Group PLC ("Wood Group"), have signed a Memorandum of Understanding to form an alliance to deliver enhanced services for rotating equipment operators in the United States.

Foster Wheeler Consolidates Power Business
Foster Wheeler Ltd. has announced that it has consolidated the management of its two power businesses into one global business.

Dominion to Buy USGen New England Assets
Dominion has reached an agreement to acquire three electric power generation facilities from USGen New England Inc.

New Player Enters U.S. Wind Market
AES Corporation has announced it will enter the wind market in the eastern U.S.

Konarka Acquires Siemens' Organic Photovoltaic Research Activities
Konarka Technologies, Inc., an innovator in developing and manufacturing breakthrough products that convert light to energy, announced Monday it acquired Siemens AG's organic photovoltaic research activities.

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