Business

CHARLOTTE, N.C., July 23, 2019 (GLOBE NEWSWIRE) — EnergySolutions, Inc. announced today it has signed a term sheet with GPU Nuclear, a subsidiary of FirstEnergy, to negotiate the asset transfer of Unit-2 of the Three Mile Island Nuclear Generating Station (TMI-2) located near Middletown, Pennsylvania.  Unit-2 has been in a safe and stable storage condition […]

Awarded CFB Steam Generator for CLC Chupei Mill in Taiwan Utilizes SFW’s advanced circulating fluidized-bed (CFB) technology ESPOO, Finland–(BUSINESS WIRE)–Sumitomo SHI FW (SFW) announces today that it has been awarded a contract by Cheng Loong Corporation, CLC for a CFB steam generator for their Chupei Mill in Taiwan. Commercial operation of the new boiler is […]

GE Renewable Energy’s mammoth offshore wind 12-MW Haliade-X  turbine is on track for an accelerated commercial launch in 2021, the company said as it unveiled the turbine’s first manufactured components on July 22. Haliade-X features a 220-meter (m) rotor and a 107-m blade designed by GE subsidiary LM Wind Power. The turbine design also includes […]

New York on July 18 enacted the Climate Leadership and Community Protection Act (CLCPA),  law that requires the state to produce 100% of its power from renewables and nuclear by 2040. The legislation includes agreements to build two offshore wind projects worth a combined 1.7 GW by 2025, the single largest renewable energy procurement in […]

Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses the supply, delivery, and installation of SG 8.0-167 DD wind turbines including service agreements in […]

According to the Energy Impact Center, a Washington, D.C.-based research institute focused on deep decarbonization, CO2 emissions “must go net-negative by 2040, globally across all energy sectors” to begin countering climate change. The only way it sees to accomplish this is to “produce energy inexpensive enough to make carbon negative fuels that compete with fossil […]

Investments in clean energy projects have hummed along in the past few years, with the growth of renewables worldwide continuing to increase levels of solar, wind, and other resources in the global energy mix. Thomas Byrne has been in the middle of this energy transformation. Byrne, co-founder and CEO of CleanCapital and a graduate of […]

New York City-based LS Power on July 15 said it would end a project to expand its natural gas-fired Troy power plant in Ohio if state lawmakers pass legislation to subsidize the state’s two nuclear power plants. LS Power in a news release Monday said, “Handouts to nuclear plants jeopardize the economics of the other […]

In a recent interview, Raul Pereda, president and CEO of PW Power Systems (PWPS), talked to POWER about the company’s long legacy as a gas turbine manufacturer, advancements in technology it has achieved over the past 60 years, and new applications for its turbines within a transitioning energy system.  No one can read a history […]

Investments in renewable energy projects slowed in the first half of 2019, primarily due to a 39% year-over-year drop in China, the world’s largest renewables market, according to data published July 10 by BloombergNEF (BNEF). BNEF said investments in China dropped to $28.8 billion, the lowest figure for any six-month period since 2013. China is […]