Norway’s Equinor Cuts 20% of Renewable Energy Staff

Credit to Author: Darrell Proctor| Date: Thu, 21 Nov 2024 17:12:34 +0000

European energy major Equinor said it is cutting 20% of the workforce, or about 250 jobs, in its renewable energy division due to continued economic challenges. The Norway-based company said […]

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Wind Europe offshore wind

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Mobility, Flexibility, Scalability: SMRs Forging Nuclear’s Future

Credit to Author: Darrell Proctor| Date: Tue, 19 Nov 2024 17:00:08 +0000

The need for emissions-free power generation, along with the ability to provide more power when and where it’s needed, is driving research and development of smaller nuclear reactors. Energy industry

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Fig7-OKLO-small-modular-reactor-SMR-nuclear-power-plant

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U.S. Bank Commits $98 Million Toward NuScale SMR Project in Romania

Credit to Author: Darrell Proctor| Date: Fri, 04 Oct 2024 15:45:27 +0000

A U.S. bank that supports technology exports to international groups is committing $98 million toward development of a small modular reactor (SMR) project in Romania. The board of directors of […]

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NuScale SMR

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China Starts Construction of More Reactors as Part of Rapid Nuclear Buildout

Credit to Author: Darrell Proctor| Date: Mon, 29 Jul 2024 20:05:16 +0000

Updated data from the China Nuclear Energy Association (CNEA) shows the country has 55 nuclear reactors in operation, ranking third globally behind the U.S. and France. The CNEA said China […]

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Ningde-5-first-concrete-July-2024-(CGN)

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Nuclear Power Startup Plans 6-GW Fleet of U.S. Plants

Credit to Author: Darrell Proctor| Date: Thu, 25 Jul 2024 16:11:31 +0000

A Kentucky-based group has announced plans to build a 6-GW fleet of nuclear power stations in the U.S., looking to take advantage of bipartisan support for nuclear technology and the […]

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Plant Vogtle - all four units - November 2021

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Hydropower Remains Renewable Leader Despite Climate Challenges

Credit to Author: Darrell Proctor| Date: Mon, 01 Jul 2024 12:26:00 +0000

As the oldest renewable energy resource, hydropower is well-established as a reliable source of dispatchable energy. Yet, it is often overlooked and taken for granted. It’s commonly believed that hydro’s

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Fig1-Baihetan-Hydropower-Station

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Siemens Collaborating With Kontrolmatik, Pomega on Battery Engineering

Credit to Author: Contributed Content| Date: Tue, 14 May 2024 15:11:49 +0000

The market for customizable, scalable, turnkey energy storage solutions continues to evolve, as companies look at providing systems that will work from an individual application level all the way to […]

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Kontrolmatik-2022-12-13-20

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Nuclear Supply Chain for the BWRX-300 SMR Takes Shape

Credit to Author: Sonal Patel| Date: Tue, 30 Apr 2024 13:45:16 +0000

GE Hitachi Nuclear Energy (GEH) is forming a group of qualified supply chain companies to help ensure the deployment of its BWRX-300 small nuclear modular reactor (SMR). The move comes […]

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GE Vernova in March suggested its SMR business could be scaled up to generate more than $2 billion in annual revenue by the mid-2030s. This image shows GE Vernova’s priority regions for SMR growth. Courtesy: GE Vernova

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Trina Storage, Pacific Green Sign Energy Storage Deal at UAE Summit

Credit to Author: Darrell Proctor| Date: Fri, 19 Apr 2024 14:34:39 +0000

An energy storage division of a global solar power provider announced it has signed a letter of intent to supply equipment for several energy parks being developed by a UK-based […]

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Signing ceremony  - Pacific Green

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Group Says Record 117 GW of New Wind Power Generation Installed in 2023

Credit to Author: Darrell Proctor| Date: Tue, 16 Apr 2024 16:43:04 +0000

A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the […]

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ACWA POWER wind farm

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