Credit to Author: Darrell Proctor| Date: Thu, 16 Jan 2025 15:18:58 +0000
UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations […]
The post BP Cutting Thousands of Jobs in Effort to Reduce Costs appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2025 13:06:54 +0000
As a significant final move before the incoming Trump administration takes office, the Biden administration has announced conditional loan commitments totaling $22.92 billion to support projects by eight utility companies […]
The post As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 14 Jan 2025 16:06:31 +0000
A 111-MW solar power facility built on reclaimed land at a former coal mine site in Kentucky has entered commercial operation. The Martin County Solar Project (MCSP), developed, built, owned […]
The post Shell Group Company Starts Solar Farm at Former Kentucky Coal Mine appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Wed, 08 Jan 2025 17:11:05 +0000
The U.S. Bureau of Land Management (BLM) announced the agency has approved the 600-MW Jove Solar Project, sited on about 3,500 acres of land in La Paz County, Arizona. The […]
The post BLM Approves 600-MW Jove Solar Project in Arizona appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Tue, 07 Jan 2025 17:27:15 +0000
Renewable energy developer EDP Renewables North America (EDPR NA) said two solar farms with a combined 300 MW of generation capacity are now operating in Kern County, California. The two-phase […]
The post EDP Brings 300 MW of Solar Power Online in Southern California appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Fri, 03 Jan 2025 17:01:40 +0000
A Kentucky electric cooperative plans to build new natural gas-fired units, and convert some of its coal-fired units to burn natural gas, as part of an expansion of its power […]
The post Kentucky Utility Plans New Gas-Fired Units, Coal-to-Gas Conversion, and Solar Farms appeared first on POWER Magazine.
Credit to Author: Aaron Larson| Date: Thu, 02 Jan 2025 12:14:00 +0000
The new year always provides a great opportunity to take a look back to see what POWER got right (or wrong) in our previous industry forecast. More importantly, it gives us a chance to look ahead. Some things
The post Factors Affecting the Power Industry in 2025 and Beyond: Trump and Data Centers Among Key Influences appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 31 Dec 2024 16:58:15 +0000
Saudi Arabia energy major ACWA Power announced it is developing more than 1 GW of renewable energy projects in China. The company in reports published Dec. 31 said the portfolio […]
The post Saudi Group Announces 1 GW of Renewables as Part of $50 Billion China Investment appeared first on POWER Magazine.
Credit to Author: Aaron Larson| Date: Mon, 30 Dec 2024 19:51:31 +0000
San Miguel Electric Cooperative Inc. (SMECI), a not-for-profit generation and transmission rural electric cooperative located in Atascosa County, Texas, was awarded more than $1.4 billion through the U.S. Department of […]
The post Texas Coal Plant Will Convert to Solar Plus Storage with Help of Fed Funding appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 30 Dec 2024 17:11:39 +0000
The outlook for the power generation sector in 2025 promises a continuation of the energy transition, though there’s plenty of debate about the direction of the industry. Advocates for renewable […]
The post Industry Experts Say Storage, Renewables, Transmission Key Parts of 2025 Energy Outlook appeared first on POWER Magazine.
