News

Stay up to date with the latest industry updates from the global power industry.

Update

Launch of Power System Transformation Consortium
27 October, 2020
On 20 October during the Bloomberg New Energy Finance Summit in...
> read more

Highview Power to develop giga-scale cryogenic energy storage projects
Tuesday, October 27, 2020 by Highview Power, prominent in long duration energy storage solutions, has entered into a joint venture agreement with Energía Latina S.A.-Enlasa, the largest backup power...

US utility-scale battery storage costs have fallen 70% in three years
Tuesday, October 27, 2020 by The average energy capacity cost of utility-scale battery storage in the United States has fallen rapidly from $2152 per kWh in 2015 to $625/kWh in 2018 according to the US...

Vattenfall offers to sell Berlin grid
Tuesday, October 27, 2020 by Vattenfall has offered to sell to the State of Berlin all its shares in Stromnetz Berlin GmbH, a partial successor of the municipal utility BEWAG, that has operated Berlin's power...

GE and SB Energy embark on 327 MW wind power project in India
Tuesday, October 27, 2020 by GE Renewable Energy has been selected by SB Energy to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, amounting to 327 MW, to be located at Pritam Nagar...

New US record for RE consumption
Wednesday, October 21, 2020 by In 2019, consumption of renewable energy in the United States grew for the fourth year in a row, reaching a record 11.5 quadrillion Btu (about 3370 billion kWh), or 11% of total US...

10th birthday present for Nova Innovation
Wednesday, October 21, 2020 by Nova Innovation is celebrating its 10th birthday with the successful expansion of the world’s first tidal array. The company has confirmed a step-change cost reduction in tidal energy...

Energy PPA Price Index reveals Italy’s RE advance
Wednesday, October 21, 2020 by LevelTen, reportedly the world’s largest renewable energy marketplace, has released its ‘Energy PPA Price Index’ for Q3 in Europe. It is said to provide the most comprehensive analysis...

Voith awarded Mohmand dam project
Wednesday, October 21, 2020 by At the end of September China Gezhouba Group Corp and Voith Hydro Shanghai Ltd entered signed an equipment supply contract under which VHS will supply four 200 MW Francis...

American Hydro to modernise Keokuk plant
Tuesday, October 20, 2020 by American Hydro, part of Wärtsilä Corporation, has been awarded a major contract to perform rehabilitation services and complete the upgrade and refurbishment of the Unit 5 & 15...

Hitachi ABB system for IFA2 interconnector
Tuesday, October 20, 2020 by Hitachi ABB Power Grids will be delivering its HVDC Light system for the IFA2 Britain-France interconnector project, which is now entering its final commissioning phase.

Aggreko adds a solar rental option
Tuesday, October 20, 2020 by Aggreko has added rental solar to its offerings. The 1 MW PV solution is optimised for weak or off-grid applications and is delivered without long-term financial or technical...

Can the Covid-19 crisis reshape energy futures?
Wednesday, October 14, 2020 by It has been a tumultuous year for the global energy system. The Covid-19 crisis has caused more disruption than any other event in recent history, leaving scars that will last for...

Record European demand for RE – despite COVID-19
Wednesday, October 14, 2020 by New statistics from the Association of Issuing Bodies show that the demand for renewables reached 530 TWh at the close of Q2 2020. This is the highest figure recorded, even compared...

GB could be net exporter of power by 2040s
Wednesday, October 14, 2020 by Interconnection with EU nations, regardless of trading arrangements post-Brexit, will continue to play a pivotal role in driving wholesale power prices and system flexibility in...

Statkraft to double its Brazilian renewables presence
Tuesday, October 13, 2020 by Statkraft is ready to start construction of its Ventos de Santa Eugenia wind project in northeastern Brazil, after closing a turbine supply contract with German wind turbine...

Power plant transition to zero-carbon hydrogen
Tuesday, October 13, 2020 by Long Ridge Energy Terminal (“Long Ridge”), located in Hannibal, Ohio, USA, has announced plans to transition its 485 MW combined-cycle power plant to run on carbon-free hydrogen....

Baker Botts adds CCUS to its hydrogen practice
Tuesday, October 13, 2020 by Baker Botts LLP, a prominent international technology and energy law firm, has launched a dedicated Carbon Capture, Utilisation and Storage Practice Group within the firm’s Energy...

Vestas secures ninth intertidal wind project in Vietnam
Tuesday, October 13, 2020 by Vestas has received an order for a 29 MW wind project from the Vietnamese developer, Soc Trang Energy Joint Stock Company, a subsidiary of Xuan Cau Company Ltd. Located in Soc Trang,...

Greece sets ambitious targets to phase out coal by 2028
Wednesday, October 07, 2020 by Greece has committed €5 billion to phase-out the use of coal by 80% by 2023, to reduce the country’s carbon footprint. But data and analytics company GlobalData suggests that this is...

News Archive



Linkedin Linkedin   
Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.