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News
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LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.
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LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.
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Industry News
Siemens Receives Type Certificate for New 7-MW Offshore Wind Turbine
LCG, January 22, 2016--Siemens Wind Power was awarded by DNV GL final Type Certification for Siemens new 7-MW offshore wind turbine SWT-7.0-154, confirming full IEC-61400-22 compliance ahead of schedule. The increased electric generating capacity of the offshore wind turbine should lower the levelized cost of energy for new, offshore wind farms.
The new 7-MW offshore wind turbine was developed by Siemens to improve upon the company's flagship offshore wind turbine, the SWT-6.0-154, which includes a gearless turbine design. Siemens focused on improvements to the electrical system within the nacelle, including more powerful magnets, an upgraded power converter and upgraded transformer. These upgrades enable 10 percent more output than the predecessor, the SWT-6.0-154.
The Global Head of Business Development and Sales, Renewables Certification at DNV GL stated, "Conscious of the current state of the industry it was vital we deliver this project on schedule. We understand our customers' time pressures and the demand to continuously bring the latest turbine innovations to the market."
DNV GL built on experiences from the previous certification process of the 6-MW offshore wind turbine SWT-6.0-154 and the recent SWT-7.0-154 prototype certification. Looking ahead, DNV GL has also been contracted to work with Siemens on the upgrade of the 7-MW, including the power-boost feature to further increase the power output.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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