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SNC is trying to reshape itself into a lower-risk engineering services company

Malta’s energy storage tech to stabilize electricity grids reliant on renewables gets $50 million As energy grids transition away from fossil fuels and toward the use of zero emission sources of power from primarily renewable energy sources, they’re going to need an ability to store and then use the massive amounts of energy that’s only generated intermittently by the sun and wind. That’s why technologies coming from companies like Malta, an energy storage technology developer that just raised $50 million in new financing, are attracting attention and venture capital investment. Malta...

News Written by Michelle M. Havich 18th February 2021 A planned hydropower plant will supply electricity for county-run operations in Allegheny County, Pa., according to an announcement by County Executive Rich Fitzgerald. Boston-based Rye Development LLC will finance and build the 17.8-megawatt plant along the Ohio River at the Emsworth Main Channel Dam, near Pittsburgh. Under the terms of a 35-year power purchase agreement (PPA) with Rye, the county will buy renewable energy from the hydropower plant. The project requires approval from the Army Corps of Engineers, which operates...

MONTREAL - SNC-Lavalin Group Inc. says it has inked its first hydroelectric engineering contract in ...

MONTREAL — SNC-Lavalin Group Inc. says it has inked its first hydroelectric engineering contract in the U.S. SNC-Lavalin will offer engineering services for three three hydroelectric projects in Pennsylvania, and would add powerhouses to sites owned by the U.S. Army Corps of Engineers. SNC-Lavalin Chief Executive Ian Edwards says the deal falls in line with […]