Power
European power purchase agreement prices drop 12.4% in Q3
Prices for European power purchase agreements (PPAs) for green electricity fell by 12.4 percent in the third quarter of 2024 compared to the same...
Power
US power grid faces unprecedented demand surge, challenges utility companies
For the first time in decades, the US power industry is set to experience significant electricity demand growth, driven by the rise of data...
Power
India’s power demand to grow by 8% in 2024: Fitch Ratings
Fitch Ratings has projected an 8 percent rise in India’s power demand for 2024, slightly up from 7.6 percent growth in 2023.
This comes on...
Power
IEA to release Life Cycle Upstream Emission Factors and Emissions Factors Databases
The International Energy Agency (IEA) announced that it is preparing to release two data publications: the Life Cycle Upstream Emission Factors (2024) and the...
Power
GE Vernova chosen as BESS provider for Quinbrook’s Supernode project
GE Vernova has been selected by Quinbrook Infrastructure Partners to provide Battery Energy Storage System (BESS) integration for the second stage of their Supernode...
Power
GE Vernova launches 2000-volt solar inverter to drive renewable energy growth
GE Vernova has announced the release of its latest breakthrough in renewable energy technology: a 6 MVA, 2000-volt direct current (DC) utility-scale inverter. With...
Power
Shanghai Electric H1 2024 highlights progress in energy transition and innovation
Shanghai Electric recorded revenue of RMB 49.869 billion and a net profit of RMB 602 million for the first half of 2024. Shanghai Electric...
Power
GE Vernova, Siemens Energy, Mitsubishi Power lead gas turbine market
GE Vernova, Siemens Energy, and Mitsubishi Power are the top three gas turbine manufacturers leading the global market for gas-fired power plants under construction....
Power
Orsted to shut down its last coal-fired power plant in green transition
Orsted, one of the world’s leading renewable energy companies, will shut down its last coal-fired combined heat and power plant, Esbjerg Power Station.
This will...
Power
LS Power reveals $2.7 bn fund to invest in power and energy infrastructure
LS Power Group announced the close of its latest fund, LS Power Equity Partners V, with commitments of $2.7 billion, exceeding its $2.5 billion...