June 22, 2018

Restructuring on Horizon for Siemens and GE
Siemens and General Electric, two rivals battling financial problems due to fewer orders for their flagship energy products and services, could each announce major restructuring moves in the coming weeks,…

Siemens' CEO: Sale of Turbine Unit Just 'Media Speculation'
Siemens Chief Executive Joe Kaeser on June 19 said reports last week that the German engineering company was considering a sale of its gas turbines manufacturing unit are "media speculation."…

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Analysts: Coal Generation Will Plummet More Than 70%
About half the world’s power will be generated by wind and solar resources by 2050. Generation from coal will drop more than 70% from today’s levels. That’s according to research…

Disaster Response: How Power Generators Prepare to Weather the Storm
Natural disasters can strike anywhere, and the events of recent years—hurricanes, flooding rains, bomb cyclones—have ramped up the efforts of utilities to prepare for extreme weather. Power companies are

Industry Press Releases

Duke Energy celebrates opening of new state-of-the-art natural gas plant at the W.S. Lee Station in South Carolina

GE Power Announces New Achievements by HA Gas Turbine and Services Upgrades

Seeq Announces New Version, and adds Managing Director for European Operations

Caterpillar Expands G3500-H Series Generator Sets

Carboline Announces Change to North American Structure

MHPS Advanced-Class Gas Turbine Arrives in Mexico Port of Altamira