Evolution PowerX Corp. has entered an exclusive Canadian distribution agreement with Signal Power Group for the SPG4 3.2 MW combustion turbine generator, covering all provinces and territories.
Signal Power Group and Eco2Power signed an MOU with Netza to locally produce turbine-driven equipment for power generation, gas compression, and hydraulic pumping at Netza's facility in Mendoza, Argentina.
US-based Signal Power Group ordered an Aurelia iA400 configuration and will package the unit for low emissions power generation. This is the first sale of Aurelia's products to the USA.
Signal Power Group expanded its partnership with Honeywell to include the energy service market, licensing Honeywell's T55-714C turboshaft engine technology for distributed power generation, combined heat and power, pressure pumping, and marine propulsion. SPG will be the OEM for these applications.
Honeywell is partnering with Signal Power Group, licensing its T55 turboshaft engine for use in industrial and marine power generators. Morgan Stanley Energy Partners made a controlling equity investment in Signal Power.