GE strikes service deal for Romanian reactor
ROMANIA - General Electric and Nuclearelectrica forged a services agreement worth $146 million for the Cernavoda nuclear power plant in Romania.
The eight-year contract includes full maintenance and repair work for the GE steam turbine generators and auxiliary equipment at the plant.
Related News
Renewable power developers discover more energy sources make better projects
CALGARY - Third-generation farmer James Praskach has been burned by the oil and gas sector and watched wicked weather pound his crops flat, but he is hoping a new kind of energy -- the renewable kind -- will pay dividends.
The 39-year-old is part of a landowner consortium that is hosting the sprawling 300-megawatt Blackspring Ridge Wind Project in southeastern Alberta.
He receives regular lease payments from the $600-million project that came online in 2014, even though none of the 166 towering wind turbines that surround his land are actually on it.
His lease payments stand to rise, however, when and if the…
