Tognum AG has signed a memorandum with JSC Transmashholding, one of Russia's biggest rolling stock manufacturers, to set up a joint venture company for diesel engine and on-site power production in the city of Kolomna, near Moscow.
The specialist for propulsion and power solutions Tognum is to acquire 75.1 per cent of the shares in the Bavarian manufacturer of power generator sets Aggretech, subject to approval by the competition authority.
ABB’s long and distinguished heritage came into play recently when the Dinorwig hydroelectric substation in Snowdonia chose an ABB AK100 gas analyser to replace a 30-year-old gas detection system originally supplied by Kent.
France’s EDF and the China Guangdong Nuclear Power Holding Company have created the Guangdong Taishan Nuclear Power Joint Venture Company, to construct and operate two European pressurized water reactor nuclear power stations at Taishan, Guangdong.
Eon plans mammoth boost in generation investment
Germany's Eon will invest a total €25.3bn ($33bn) over the next three years, with the vast majority going on its power generation and network assets.
Of the total fixed...
MTU re-brands with Tognum
A newly devised name, Tognum, is being adopted by the strategic holding company for the MTU group of companies. Tognum GmbH will perform all corporate functions including corporate strategy, finance, communication,...