GE Restructure Will See Leaner Power but Heftier Renewable Energy Division

Credit to Author: Sonal Patel| Date: Wed, 30 Jan 2019 16:28:11 +0000

GE has announced it will integrate its renewables, grid, and energy storage assets into a simplified, single business that nearly doubles the size of its Renewable Energy division, as the company banks on the accelerated uptake of grid-connected renewables worldwide.  The expansion will see GE’s grid solutions, solar solutions, and storage businesses move from GE […]

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After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead

Credit to Author: Sonal Patel| Date: Thu, 24 Jan 2019 00:33:47 +0000

Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]

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Insider Bullish on Renewable Energy Industry [PODCAST]

Credit to Author: Aaron Larson| Date: Tue, 22 Jan 2019 23:32:27 +0000

Izzet Bensusan, managing partner and founder of Captona, a North American-focused investment company that specializes in power generation and energy infrastructure, was a guest on The POWER Podcast. He is very bullish on the renewable energy industry for a variety of reasons. For instance, Bensusan said renewable energy is growing at more than 20% around […]

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GE, Siemens Separately Announce Developments for Mammoth Offshore Wind Turbines

Credit to Author: Sonal Patel| Date: Wed, 16 Jan 2019 15:23:52 +0000

GE on Jan. 16 announced testing details of its giant 12-MW Haliade-X offshore wind turbine prototype. On the same day, Siemens Gamesa launched its first 10-MW offshore wind turbine model. The developments point to intensifying competition within the surging offshore wind turbine market.  GE’s 12-MW Offshore Wind Turbine Blusters Toward Commercialization GE Renewable Energy’s Haliade-X 12 […]

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GE’s Mammoth 12-MW Offshore Wind Turbine Prototype Blusters Toward Commercialization

Credit to Author: Sonal Patel| Date: Wed, 16 Jan 2019 15:23:52 +0000

A 12-MW prototype of an offshore wind turbine—one of the largest in the world—is slated to be installed and tested in the Netherlands this summer. The project could help commercialize the wind turbine model by 2021.   GE Renewable Energy’s Haliade-X offshore wind prototype will be installed onshore at the Port of Rotterdam in Maasvlakte-Rotterdam […]

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Natural Gas and Renewable Energy to Continue Leading the Market

Credit to Author: POWER| Date: Wed, 02 Jan 2019 04:59:00 +0000

Cheap natural gas and social pressure to reduce carbon emissions give gas-fired power plants and renewable energy resources a competitive advantage over traditional coal and nuclear generation. Energy storage

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Game-Changing Coal Power Technologies

Credit to Author: POWER| Date: Wed, 02 Jan 2019 04:59:00 +0000

To be a relevant player in the future power mix, coal power efficiency and costs must improve, and technologies in the realm of research and development promise to do just that. Although most experts agree

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Despite Financial Hurdles, Utility Capital Spending to Remain Elevated

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 16:34:36 +0000

Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing.  The credit ratings agency for the first time this […]

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NV Energy Accelerates Retirement of One of Nevada’s Last Coal Units

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 12:57:34 +0000

NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]

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