Power

Siemens Energy Wins Contract to Supply 2.6 GW Misfah and Duqm Power Projects in Oman

Siemens Energy has secured a major contract to supply advanced power generation technology and maintenance services for the Misfah and Duqm Independent Power Producer (IPP) projects in Oman. Financial...

Energy Efficiency Delivers Higher Productivity, Lower Costs and Stronger Business Growth: 10 Key Benefits for Enterprises

The International Energy Agency (IEA) has highlighted that energy efficiency is no longer just about reducing electricity bills. Businesses that invest in efficient equipment,...

Global Energy Access Crisis Deepens as 655 mn People Remain Without Electricity and Clean Energy Funding Falls

Despite significant progress in renewable energy deployment worldwide, millions of people continue to live without reliable access to electricity, highlighting a growing challenge for...

Siemens Energy Wins Contract to Supply 2.6 GW Misfah and Duqm Power Projects in Oman

Siemens Energy has secured a major contract to supply advanced power generation technology and maintenance services for the Misfah and Duqm Independent Power Producer...

Energy Efficiency Delivers Higher Productivity, Lower Costs and Stronger Business Growth: 10 Key Benefits for Enterprises

The International Energy Agency (IEA) has highlighted that energy efficiency is no longer just about reducing electricity bills. Businesses that invest in efficient equipment,...

Global Energy Access Crisis Deepens as 655 mn People Remain Without Electricity and Clean Energy Funding Falls

Despite significant progress in renewable energy deployment worldwide, millions of people continue to live without reliable access to electricity, highlighting a growing challenge for...

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...

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...

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...

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...

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...

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...

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...