Power

Solid-State batteries to propel low-altitude aviation: TrendForce

The rise of flying cars and electric vertical take-off and landing (eVTOL) aircraft is positioning solid-state batteries as a cornerstone technology for the future...

GE Vernova wins contract from Powerlink to supply equipment

GE Vernova has won a contract from Powerlink, Queensland’s state-owned transmission utility, to supply equipment for its Capital Work program. GE Vernova will deliver 69...

Israel to start pilot station for generating electricity from sea waves

Israel’s first pilot station for generating electricity from sea waves will be on December 5, 2024, at Warehouse 2 in Jaffa Port. Eco Wave Power...

Electricity trends in August 2024: OECD and India see notable shifts in energy mix

In August 2024, total net electricity production across the OECD countries reached 981.9 TWh, marking a 1.1 percent year-on-year increase and a 2.7 percent...

Siemens Energy targets 8-10% rise in revenue in 2025 fiscal

Siemens Energy said orders reached €50.2 billion, revenue totaled €34.5 billion, and a net income of €1.335 billion for the fiscal year. A record order...

Launch of Georgia Power’s First Grid-Connected Battery System

Georgia Power has celebrated the commercial operation of its first “grid-connected” Battery Energy Storage System (BESS) at the Mossy Branch facility. This system, with a...

American Electric Power’s (AEP) strategic shifts show Capex boost

American Electric Power (AEP) announced a five-year, $54 billion capital expenditure plan, marking a 25 percent increase from previous projections. The plan focuses heavily...

Reallocation of $500 bn from energy expenses to microgrids

A Gartner report said Fortune 500 companies will reallocate $500 billion from traditional energy expenses to microgrids by 2027. This shift aims to manage...

GE Vernova’s GridOS software deployment in Africa

GE Vernova announced the deployment of its GridOS orchestration software at the newly completed Information and Coordination Centre (ICC) in Abomey-Calavi, Benin, for the...

Georgia Power receives $160 mn in funding from Department of Energy

Georgia Power, an electric utility with 2.7 million customers, has received $160 million in funding from the Department of Energy (DOE) through its Grid...