Credit to Author: Darrell Proctor| Date: Tue, 20 Jun 2023 23:32:29 +0000
China’s Envision Energy said it will supply 1 GW of generation capacity for wind projects designed by Saudi Arabia’s ACWA Power in Uzbekistan. Envision, headquartered in Shanghai and China’s second-largest […]
The post China, Saudi Arabia Team on Wind Projects in Uzbekistan appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 01 Jun 2023 04:29:20 +0000
Onshore, offshore, and up in the air—the power of wind is evident in the changing energy landscape. Advancements in wind power technology are many, with developers in both the onshore and offshore sectors
The post New Tech Highlights Innovation, Spurs Growth in Wind Energy appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Mon, 22 May 2023 15:11:12 +0000
The American Clean Power Association (ACP) in a new report said installations of energy storage, along with wind and solar power capacity, were at the third-highest level on record in […]
The post Growth Slows, but U.S. Renewable Energy Installs at Third-Highest Level in 2022 appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Wed, 18 Jan 2023 21:01:10 +0000
Danish energy developer Ørsted continues to expand its presence in the U.S. market, with the company on Jan. 18 announcing it has signed a deal to acquire Public Service Enterprise Group’s (PSEG’s) 25% stake in the 1.1-GW Ocean Wind 1 project about 15 miles off the coast of New Jersey. The move will give Ørsted […]
The post Ørsted Buys PSEG Stake in Offshore Wind Project, Announces Major Texas Solar Farm appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 03 Jan 2023 05:13:03 +0000
The recent United Nations (UN) COP27 climate conference in Egypt was host to several announcements of large-scale renewable energy projects, including one of the world’s largest wind farms, along with an
The post Egypt Uses COP27 to Announce Large-Scale Renewable, Hydrogen Projects appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 03 Jan 2023 05:12:59 +0000
Large global corporate groups continue to buy stakes in major renewable energy projects and sign power purchase agreements (PPAs) designed to provide long-term electricity for their operations. Some
The post Global Market for PPAs Supports Renewable Energy Projects appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Wed, 28 Dec 2022 21:13:21 +0000
Major wind turbine manufacturer Vestas has announced several deals as the company ends 2022, including what the Danish company calls the largest wind project in Latin America, along with a U.S. onshore wind repowering project. The announcements come as the wind power industry continues to be challenged by several factors, including equipment supply chain along […]
The post Vestas’ Year-End Deals Include Wind Projects in U.S., Brazil, Ireland appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Wed, 28 Dec 2022 21:13:21 +0000
Major wind turbine manufacturer Vestas has announced several deals as the company ends 2022, including what the Danish company calls the largest wind project in Latin America, along with a U.S. onshore wind repowering project. The announcements come as the wind power industry continues to be challenged by several factors, including equipment supply chain along […]
The post Vestas’ Year-End Deals Include Wind Projects in U.S., Brazil, Ireland appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Fri, 07 Oct 2022 16:54:35 +0000
General Electric (GE) has notified staff that it plans to lay off about 20% of the workforce in its U.S. onshore wind business. A report from NASDAQ this week said the cuts are part of a plan to restructure and resize the onshore wind division, as the group “is grappling with weak demand and rising […]
The post GE Will Cut 20% of U.S. Onshore Wind Workforce appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Mon, 14 Mar 2022 20:59:33 +0000
The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and experience even more success in 2024, after it weathers market headwinds that present challenges this year. Scott Strazik, speaking at the company’s March 10 investor day event, said GE is […]
The post GE Exec Expects Rebound for Renewables appeared first on POWER Magazine.
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