Business

Pennsylvania, a major power producer that relied on fossil fuels for 66% of its net power generation in June, plans to maintain its nuclear generation at current levels until it can ramp up other carbon-free supplies to 100% by 2050, the state’s Sept. 22–released 2021 Climate Action Plan suggests.  The measures are part of a […]

MENOMONEE FALLS, Wis. (September 20, 2021) – Lifting, pushing, pulling, bending, spreading, cutting, lowering, pressing, and punching: The new Enerpac E330 Industrial Tools catalog is now available. At 420 pages, it is 1.5 times larger than previous editions and designed to better serve customers and provide professionals with all the hydraulic tools they need to […]

Everyone in the power industry is familiar with Siemens Energy. Its technology is behind about one-sixth of the world’s power generation, and even a larger portion than that in the U.S.—roughly a third. Yet, Siemens Energy as currently organized is a fairly new entity. The company was spun off from Siemens AG and began trading […]

Vineyard Wind 1, an 800-MW phase of an offshore wind project offshore Massachusetts, has achieved financial close. The milestone, a first for a U.S. commercial-scale offshore wind farm, now allows Vineyard Wind to provide its contractors with a notice to proceed with construction.  Vineyard Wind, a joint venture between AVANGRID subsidiary Avangrid Renewables and Copenhagen […]

Allegiant Utility Services Credits Rural Cooperatives and Municipalities for Inc. 5000 Honor in consecutive Growth in Just 6 Years Manor, TX (September 15, 2021) – Allegiant Utility Services is announcing two growth milestones to cap off yearly growth during the pandemic. First, Allegiant acquired Bellwether Management Solutions of Cornelius, North Carolina, the leading utility service provider […]

Siemens Gamesa has launched what it says is the world’s first wind turbine blade that can be used at a commercial offshore wind farm and recycled at the end of its lifecycle. The company already has agreements with three major customers—including RWE and EDF Renewables—for the installation of the blades at offshore wind farms. The […]

TotalEnergies, the French oil and gas multinational company formerly known as Total, has bagged deals representing a total $10 billion with the government of Iraq to help the resource-rich country address power shortages. The company said on Sept. 6 that following the agreements with the Iraqi Ministries for oil and electricity and the country’s National […]

America’s energy system has entered a new era where companies are competing against one another to reduce greenhouse gas emissions. Customers—large and small—are concerned about climate change, forcing business models to adapt beyond keeping the lights on. Today, 75% of households in the U.S. are served by a utility with a carbon or emissions reduction goal—to […]

After more than a decade of development, Minesto’s novel underwater “kite” technology kicked off commercial operation with a 100-kW project in the Faroe Islands. Despite some hiccups, the pioneering