Credit to Author: Darrell Proctor| Date: Thu, 20 Jun 2024 15:54:12 +0000
Masdar, the Abu Dhabi-based renewable energy major, said it has agreed to buy Greece’s Terna Energy in a €3.2 billion ($3.4 billion) deal. The agreement signed June 20 is one […]
The post Masdar Inks $3.4 Billion Deal to Acquire Greece Renewable Energy Major appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 18 Jun 2024 16:08:33 +0000
The second stage of one of the world’s largest wind farms is moving forward after developer TagEnergy announced it had closed financing for the project. The $2.6 billion Golden Plains […]
The post Construction Moves Forward on Australia’s Largest Wind Farm appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Tue, 18 Jun 2024 16:07:55 +0000
A leading renewable energy power transmission infrastructure company said it signed a power purchase agreement (PPA) with a Canadian group for electricity from a wind farm project in Québec. Pattern […]
The post Pattern Energy Signs PPA for Quebec Wind Project appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Wed, 12 Jun 2024 19:29:50 +0000
Michigan’s major electric utility said it plans to build one of the nation’s largest standalone battery energy storage projects at the site of a retired coal-fired power plant. Detroit-based DTE […]
The post Michigan Utility Replacing Coal Plant With Large Energy Storage System appeared first on POWER Magazine.
Credit to Author: Emily Newton| Date: Tue, 11 Jun 2024 12:28:57 +0000
Global communities increasingly turn to distributed energy resources (DERs) to boost their local economies and enhance energy resilience. Generating and managing power locally cuts energy costs and fosters sustainable development. […]
The post Communities Embrace Distributed Energy for Economic Uplift appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Fri, 07 Jun 2024 19:39:34 +0000
An Oregon-based sustainable energy innovation group said it has successfully produced green hydrogen through the use of vertical wind turbines on an oceangoing vessel. ONESTONE HOLDINGS on June 3 said […]
The post Group Produces Green Hydrogen Using Wind Turbines on Ships appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Wed, 29 May 2024 13:43:35 +0000
Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about […]
The post Siemens Gamesa Cutting 4,100 Jobs in Wind Turbine Unit appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Wed, 22 May 2024 12:34:23 +0000
A major global energy and chemicals company has entered into a memorandum of understanding (MoU) with a provider of lower-carbon industrial heat and power, with the groups beginning engineering studies […]
The post Aramco, Rondo Energy Studying GW-Scale Thermal Storage, Hydrogen, Carbon Capture Deployment appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 20 May 2024 01:24:40 +0000
The U.S. Dept. of Energy (DOE) announced it was preparing to make as much as a $1.66 billion loan guarantee to Latham, New York-based Plug Power, with the money earmarked […]
The post DOE Announces Support for Plug Power Hydrogen Production Sites appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 16 May 2024 20:01:56 +0000
All regions across the bulk power system (BPS) are generally prepared to meet resource adequacy criteria to meet normal peak demand this summer, but ongoing concerns about extreme weather events, […]
The post NERC: Summer Grid Outlook Improved But Still Vulnerable to Extreme Weather, Demand Growth Spikes appeared first on POWER Magazine.
