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 technologies in supporting electricity demand...
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
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...
Power
Drax biomass subsidies hit £1 bn in 2025 as UK households face rising energy costs: Ember
A new analysis by Ember reveals that Drax Power Station received a record £999 million in subsidies in 2025, highlighting the growing financial burden...
Power
Middle East Tensions Redraw Global Power Markets, Creating Clear Energy Winners and Losers
The Iran-Israel war related tensions in the Middle East are reshaping global electricity markets, creating a sharp divide between countries that benefit from energy...
Power
ABB Expands India Manufacturing and R&D with $75 mn Investment to Support Energy Transition and Infrastructure Growth
ABB has announced plans to invest about $75 million in India during 2026 to expand its manufacturing footprint and strengthen research and development capabilities....