A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from a Canadian company in a deal valued at up to $2.5 billion. LS Power, headquartered in New York City with offices in New Jersey, Missouri, Texas, […]

An Indiana electric utility has announced a $1.1 billion investment in that state that includes switching coal-fired units to run on natural gas, along with new solar power and battery energy storage projects. AES Indiana, a subsidiary of AES Corp., and formerly known as Indianapolis Power & Light, on August 8 said it will convert […]

Stockpiles of fuel at U.S. coal-fired electric plants are at their highest levels since the start of the pandemic. The U.S. Energy Information Administration (EIA) on August 5 said coal stockpiles totaled 138 million short tons at the end of May, the most since the early months of 2020 when the start of the COVID-19 […]

The Pine Bend refinery in Minnesota added a 45-MW solar power array to support the facility’s supply of electricity, reaping the benefits of reduced costs, lower emissions, and more. Owners of commercial and

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 at present has a world-leading 26 nuclear power units under construction, including Unit 5 of the Ningde Nuclear Power Plant in Fujian Province, where the […]

Japan’s largest utility said it will start the first of three units at a new natural gas-fired power plant near Tokyo in an effort to provide more electricity during the peak summer demand season. JERA on July 26 said the 780-MW Unit 1 at the Goi site in Chiba will enter service August 1. The […]

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 need to build more baseload, zero-carbon sources of energy. The Nuclear Company, headquartered in Lexington, said its business model would lean on “proven, licensed technology […]

Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants. Finance Minister Nirmala Sitharaman, presenting the government’s 2024-2025 budget, noted the latest financial allocations outline a shift in priorities for Prime Minister Narendra Modi. Sitharaman on July […]

China’s central government has approved Shanghai’s plan to build 29 GW of offshore wind generation capacity, part of the city’s strategy to build more energy infrastructure and diversify the electricity mix. Reports said the plan was devised by the Shanghai Municipal Development and Reform Commission, with a goal to have offshore wind generate as much […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   July 22, 2024 Auditors Call EU Hydrogen Production Goals ‘Overly Ambitious’ A group that assesses the effectiveness of actions by the European Union (EU), including how energy initiatives impact the economies of EU member states, said the current goals for EU… Aussie […]