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Energy giant GE Vernova said the company continues to advance electrification and decarbonization goals as it adds more generation capacity to global power grids. The company on June 17 released its 2025 Sustainability Report, highlighting its emphasis on bringing new innovation and breakthrough technologies to the power generation space.
A Connecticut-based developer of distributed energy resources said it has begun construction on solar power installations at four municipal landfill sites in that state.
A $350 million Department of Energy (DOE) coal-revival program has put $18.5 million toward the TerraSpark Energy Campus, a 1.6-GW greenfield project in West Virginia pairing Babcock & Wilcox (B&W) supercritical boilers with Mantel Capture’s molten borate carbon capture. In responses to POWER, developer TerraSpark laid out a 2030 startup target, a 95% to 98% […]
MiCo Co. Ltd. announced that its subsidiary, Hyundai Heavy Industries Power Systems Co. Ltd. (HPS), has signed a share purchase agreement (SPA) to acquire a 100% stake in Netherlands-based NEM Energy B.V. from Mutares SE & Co. KGaA, a German-listed investment firm. The transaction, which includes NEM Energy’s German subsidiary NEM Balcke-Dürr GmbH, is scheduled […]
Elevate Infrastructure and ArcLight Capital Partners on June 11 announced the companies have begun operating the 150-MW/600-MWh Prospect Power battery energy storage project in Rockingham County, Virginia.