The global crash of prices for crude oil, on top of a prolonged slump in the price of natural gas, is taking a toll on the oil and gas sector. The coal industry also continues to suffer, as the supply of

Abu Dhabi Power Corp. (ADPower) in late April announced what it called the lowest-ever cost-competitive tariff for a solar photovoltaic (PV) project, a few months after a project in Dubai made that claim for

SGRE Signs Deal for O&M on Wind Turbines. Siemens Gamesa Renewable Energy (SGRE) has secured a long-term, 20-year contract to provide full-scope operation and maintenance (O&M) services for a 135-MW

A clean energy valuation and risk analytics company said that low demand for energy during the COVID-19 pandemic, along with low prices for natural gas and strong power generation from renewable energy resources, has brought unprecedented low prices for electricity in multiple U.S. markets.  REsurety said its Renewable Energy Market Analytics Platform (REmap) shows that […]

The parent of Siemens Energy on May 26 provided details of the planned spinoff of the company’s energy business, saying 55% of Siemens Energy will be spun off to Siemens’ shareholders. The company said Siemens shareholders would automatically receive one share of Siemens Energy AG for every two shares they own of the parent, Siemens […]

Wisconsin-based Alliant Energy on May 22 said it would retire the coal-fired Edgewater Generating Station in Sheboygan by year-end 2022, an announcement coming just one week after the utility said it had placed the new 730-MW West Riverside Energy Center, a natural gas-fired combined cycle plant in Beloit, into commercial operation. Alliant, which also has […]

The Texas-based company that owns a coal-fired power plant in Maryland announced it will retire the facility’s three generating units, which have been in operation for about 60 years. GenOn Holdings said Units 1, 2, and 3 at its Dickerson Generating Station will be closed due to “unfavorable economic conditions and increased costs associated with […]

Global energy company SGH2, part of Washington, D.C.-based Solena Group, said it has a deal with Lancaster, California, to build what the company calls the world’s biggest green hydrogen production plant, set to be in full operation in early 2023. The company on May 20 said the plant will feature SGH2’s technology that uses recycled […]

Polish energy companies Enea and Energa late on May 19 announced they were ending their involvement with construction of the Ostroleka C coal-fired power plant, after new co-owner PKN Orlen said it would not be involved in the project if it utilizes coal. PKN Orlen, a Poland state-owned energy company that recently acquired Energa, said […]

Siemens on May 15 began moving what the company calls its “largest, most powerful, and most efficient heavy-duty gas turbine” from Germany to the UK, where the company will test the equipment for use in a combined cycle power plant. The SGT5-9000 HL turbine, built by Siemens Gas and Power in its Berlin factory, will […]