Power

UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations outside of its oil and gas business. The London-based multinational group on Jan. 16 said it would lay off about 4,700 workers, and also cut […]

A Florida-based battery energy storage provider is teaming with Idaho’s largest electric utility for a 200-MW/800-MWh battery energy storage system (BESS) project designed to support grid resiliency. Prevalon Energy, a Mitsubishi Power Americas and EES joint venture, on Jan. 14 announced it had secured a contract with Idaho Power for the project, which will feature […]

PetroVietnam Power (PV Power), a subsidiary of state-owned PetroVietnam, said it has started initial operation of the first of two 812-MW LNG-fired units at its Nhon Trach power plant, located in Dong Nai province, near Ho Chi Minh City in southern Vietnam. The project is part of the first power plant in Vietnam to be […]

Estonia energy company Fermi Energia has begun the site selection process for that country’s first nuclear power plant, more than a decade after government officials initially approved construction of a reactor. Fermi Energia on Jan. 14 announced the company has submitted an application to the Estonian Ministry of Economic Affairs and Communications to begin the […]

A 111-MW solar power facility built on reclaimed land at a former coal mine site in Kentucky has entered commercial operation. The Martin County Solar Project (MCSP), developed, built, owned and operated by Savion—a Shell Group portfolio company—is now among the largest solar farms in the state and also one of the first U.S. solar […]

Global electrical technology company ABB said it has acquired Lumin, a U.S.-based group that provides responsive energy management systems, to expand its home energy management capabilities in the North American residential sector. The acquisition announced Jan. 14 follows a strategic minority investment by ABB into Lumin in 2023. Financial terms of the transaction were not […]

After several years of relatively steady demand, U.S. electricity demand is now surging, driven by various factors, including commercial sector growth, the urgent development or expansion of data centers, and the adoption of new power-hungry artificial intelligence (AI) technologies. As the U.S. Energy Information Administration recently announced, the country’s power consumption will reach record highs […]

GE Vernova and Harbin Electric said a 2-GW natural gas-fired power plant has entered commercial operation in China, providing power to that country’s most-populated province. The companies on Jan. 9 announced the start of operation of the Guangming power plant, owned and operated by Chinese state-owned power utility Shenzhen Energy Group Corp. The plant, located […]

GE Vernova’s Onshore Wind business said it has signed an order to provide 14 of the company’s model 4.2 MW-117m turbines for the Iwaya and Shitsukari wind farms being developed by Eurus near Higashidori, Aomori Japan. The order announced Jan. 9 was secured in the fourth quarter of 2024 and the projects are expected to […]

A planning commission in a Virginia county has voted unanimously to recommend denial of a rezoning application from Balico LLC, an industrial developer seeking to build multiple natural gas-fired generation units as part of a large data center campus. The Pittsylvania County planning commission voted Jan. 7 to deny Virginia-based Balico permission to proceed with […]