Business

With more countries announcing net-zero plans for 2050 or sooner, hydrogen’s time has come to play a major and integrated role in our energy infrastructure. The energy industry has shown an increased interest in understanding the opportunities, challenges, and economic realities in integrating hydrogen into their energy portfolios. The March 2020 BloombergNEF Hydrogen outlook estimates […]

TOKYO, Oct 29, 2021 – (JCN Newswire) – Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed the installation and commissioning of a 500-megawatt (MW) natural gas-fired gas turbine combined cycle (GTCC) power generation system for the Muara Karang Power Plant, which has begun commercial operation. This new facility was […]

Companies to Focus on Decarbonization to Support Clean Energy Transition IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that it has signed a memorandum of understanding (MOU) with Bulgarian Energy Holding EAD for the consideration of new nuclear units in Bulgaria. Bulgarian Energy Holding is comprised of a group of companies engaged in the electricity generation, […]

In another effort to streamline its business, Siemens Energy has moved to relinquish a 35% stake in Voith Hydro, a hydropower-focused joint venture it had long held with German technology company Voith Group. Munich-headquartered Siemens Energy and Heidenheim-headquartered Voith Group announced in separate releases on Oct. 22 that they had reached a mutual agreement to […]

American Electric Power (AEP) is shedding its Kentucky-based assets—including its longstanding regulated utility Kentucky Power and transmission business AEP Kentucky Transco—to better position itself to invest in projects that will support a resilient, cleaner energy system. The Columbus, Ohio, headquartered company on Oct. 26 announced it has entered into an agreement for the sale of […]

Construction of the 10-MWe Supercritical Transformational Electric Power (STEP) pilot plant, a public-private collaboration to demonstrate and test supercritical carbon dioxide (sCO2) power generating technology, is making marked progress toward a mid-2022 startup date.  Attendees from Experience POWER, HydrogeNext, and the Distributed Energy Conference, three of POWER’s annual in-person events, which took place last week in […]

Voith acquires remaining 35 percent stake in Voith Hydro from joint venture partner Siemens Energy With the acquisition, Voith is continuing its expansion of the core business in the field of sustainable technologies Great potential for sustainable profitable growth through rising importance of hydropower for achieving global climate targets HEIDENHEIM, GERMANY: In the future, Voith […]

Scope of Projects Includes Site Clearing, Road Construction, Ash Stabilization, Ash Excavation and Ash Relocation LOUISVILLE, KY (October 21, 2021) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of mission-critical environmental services and byproduct sales to the power generation industry, today announced that it has been awarded two ash pond closure contracts […]

El Paso Electric (EPE) and Mitsubishi Power have signed a joint development agreement (JDA) “creating a collaboration framework to jointly develop projects that will enable EPE to achieve its clean energy goals.” EPE is a regional electric utility providing generation, transmission, and distribution service to approximately 444,300 retail and wholesale customers in a 10,000-square-mile area […]

An innovative European Union–funded Arbaflame project is aiming to produce 70,000 tonnes of biomass-based combustibles per year to enable clean power generation. The biomass pellets are made of wood and can be used as a 100% sustainable alternative to coal in power plants to produce carbon-neutral power. Sulzer Chemtech’s separation equipment will play a key […]