Power

Recent government legislation and initiatives have prompted positive momentum in the energy industry. From regulatory matters to technology upgrades to renewable energy trends boosted by the Inflation Reduction Act (IRA) tax incentives, energy demand and projects are increasing across the sector. However, every opportunity comes with its own set of issues, especially if an organization […]

Industry visionary to lead the next phase of innovation and growth AUSTIN, Texas (May 29, 2024) — Enverus, the most trusted energy-dedicated SaaS and generative AI company, today announced the promotion of Manuj Nikhanj to the position of CEO, effective July 1, 2024. Nikhanj, who currently serves as Enverus’ president, will succeed Jeff Hughes, who […]

Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about 15% of the company’s workforce. The news service said the layoffs were noted in an internal letter to staff from CEO Jochen Eickholt. The cuts […]

Fortum, a Nordic energy company with headquarters in Espoo, Finland, near Helsinki, and offices in 10 other countries, announced that it will modernize the Loviisa nuclear power plant’s low-pressure turbines. The project will start in 2026 as part of lifetime extension-related investments at the site. The Lovissa plant is a dual-unit facility with a total […]

As the global community intensifies its efforts to combat climate change, the transportation sector has emerged as a crucial battleground. According to the International Energy Agency (IEA), carbon dioxide (CO2) emissions from transport constitute approximately 23% of total global CO2 emissions from energy combustion and industrial processes. The IEA’s latest data from 2022 shows that […]

Russian President Vladimir Putin arrived in Uzbekistan on May 26 to meet with his counterpart Shavkat Mirziyoyev. Among topics high on the leaders’ discussion list was energy. In addition to Russia reportedly being open to broader cooperation on gas supplies with Uzbekistan, the two countries also signed a protocol in the presence of the two […]

A major global energy and chemicals company has entered into a memorandum of understanding (MoU) with a provider of lower-carbon industrial heat and power, with the groups beginning engineering studies for a project showcasing thermal energy storage, hydrogen production, and carbon capture. Saudi Arabia-based Aramco and California-headquartered Rondo Energy said they executed the MoU on […]

The College of Engineering at Tennessee Tech University announced on May 21 the launch of its Bachelor of Science in Nuclear Engineering degree program, only the second such program currently available in Tennessee. The program was formally approved May 16 by the Tennessee Higher Education Commission. Tennessee Tech students, transfer students, and incoming first-year students […]

Wildfires have had a devastating impact on California and on the state’s largest utility company, Pacific Gas and Electric (PG&E). PG&E’s equipment has been linked to several major wildfires in the past including the 2018 Camp Fire (the deadliest wildfire in California history, killing 85 people, according to CAL FIRE, the state agency responsible for, […]

The solar industry is on a continuous innovation curve — driving advancements, pushing boundaries, and harnessing solar energy’s power to increase returns and drive down the lower levelized cost of energy (LCOE). Stakeholders across the solar value chain have a variety of ways to optimize solar photovoltaic (PV) throughout the project lifecycle. And for each […]