Power
Siemens Energy Wins 2 GW North Sea Offshore Wind Grid Project from 50Hertz, Expands Germany’s Energy Transition Infrastructure
German transmission system operator 50Hertz has awarded a major contract to Siemens Energy and Neptun Smulders Offshore Renewables (NSORe) to build the North Sea Connector 2, a new offshore...
Power
US Energy Costs Could Rise by $121 bn if New Solar and Wind Projects Are Restricted: CEBA Study
A new study commissioned by the Corporate Energy Buyers Association (CEBA) and conducted by NERA Economic Consulting reveals that restricting the deployment of new...
Power
Siemens Energy to Acquire Camlin Group to Strengthen Digital Grid and Asset Monitoring Capabilities
Siemens Energy has signed an agreement to acquire Camlin Group, a Northern Ireland-based provider of grid monitoring, analytics, and asset digitalization technologies, as the...
Power
Siemens Energy Wins 2 GW North Sea Offshore Wind Grid Project from 50Hertz, Expands Germany’s Energy Transition Infrastructure
German transmission system operator 50Hertz has awarded a major contract to Siemens Energy and Neptun Smulders Offshore Renewables (NSORe) to build the North Sea...
Power
US Energy Costs Could Rise by $121 bn if New Solar and Wind Projects Are Restricted: CEBA Study
A new study commissioned by the Corporate Energy Buyers Association (CEBA) and conducted by NERA Economic Consulting reveals that restricting the deployment of new...
Power
Siemens Energy to Acquire Camlin Group to Strengthen Digital Grid and Asset Monitoring Capabilities
Siemens Energy has signed an agreement to acquire Camlin Group, a Northern Ireland-based provider of grid monitoring, analytics, and asset digitalization technologies, as the...
Power
GE Vernova HA Gas Turbine Fleet Surpasses 4 mn Operating Hours as Global Power Demand Accelerates
GE Vernova announced that its HA gas turbine fleet has surpassed 4 million commercial operating hours globally, reflecting the importance of high-efficiency gas power...
Power
Asia-Pacific Power Grids Face Climate Risks Amid Renewable Energy Boom, Warns Ember Analyst Muyi Yang
Asia-Pacific power grids are undergoing a massive transformation driven by rapid renewable energy expansion and rising climate-related disruptions, according to a new report from...
Power
Global Fossil Fuel Phase-Out by 2050 Needs 80% More Electricity Generation, Study Finds
A new international climate study has revealed that completely phasing out fossil fuels worldwide by 2050 would require global electricity generation to expand by...
Power
Siemens Energy Raises FY 2026 Forecast After Record Orders and Strong Revenue Growth
Siemens Energy has raised its financial outlook for fiscal year 2026 after reporting record quarterly orders, strong revenue growth, and significant profit improvement in...
Power
GE Vernova secures 1.35 GW Upper Sileru pumped-storage order with nine 150 MW units, targets 2030 completion
GE Vernova has secured a major hydropower contract from Megha Engineering & Infrastructures to supply nine 150 MW pumped-storage units for the 1.35 GW...
Power
GE Vernova Q1 2026 Results: Revenue Hits $9.3 bn as Power and Electrification Drive Strong Growth
GE Vernova reported a 16 percent increase in Q1 2026 revenue to $9.3 billion, supported by strong equipment growth in its Electrification and Power...
Power
Europe’s Electricity Prices Remain Linked to Gas as LNG Expansion, Utility Investment, and Competitive Shifts Reshape Energy Markets
Europe’s electricity prices remain structurally linked to natural gas due to the marginal pricing system used in wholesale electricity markets, according to the Institute for...