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Siemens Gamesa Renewable Energy (SGRE) on May 6 said delays to its renewable energy projects, in part due to supply chain disruptions from the coronavirus pandemic, will continue to negatively impact the company’s earnings this year. The company reported its fiscal second-quarter earnings on Wednesday and said the COVID-19 outbreak “had a direct negative impact […]

General Electric (GE) on May 4 said it plans to cut as many as 13,000 jobs from its Aviation unit this year, or about 25% of the division’s total workforce, as the company continues to feel the impacts of the global coronavirus pandemic. The cuts include a 10% reduction to its U.S. workforce previously announced […]

“We still expect to meet the November regulatory-approved in-service dates for both Units 3 and 4,” Southern Company CEO Tom Fanning said during the company’s first quarter earnings call on April 30. The in-service dates he was referring to are November 2021 and November 2022 for Units 3 and 4, respectively, at the Vogtle nuclear […]

Europe has a big head start globally when it comes to generating power from offshore wind installations. The U.S. has lagged due to a variety of factors, including the need to work through regulatory issues

Earlier this year, nuclear technology giant Framatome and power sector lifecycle management service company Kinectrics launched an Ontario-based joint venture, Isogen, whose mission is to enable the use of

Remote communities have become testing grounds for innovative power projects. These areas traditionally have been powered by fossil fuel generation, usually diesel fuel or oil and sometimes natural gas, and

A hundred metric tons of innovative fuel pellets derived entirely from biogenic and plastic waste material—which would otherwise be bound for a landfill—have been successfully produced, marking a

After several years of stagnancy, prospects for the geothermal power industry are heating up. Over the past year, it has seen a flurry of legislative boosts, an uptick of power purchase agreements, and

The COVID-19 outbreak has forced many companies to change the way they conduct operations. Leaders have had to divide employees into essential and non-essential categories. Essential employees must report to

The Energy Information Administration (EIA) in February 2020 published capital costs and performance characteristic estimates for 25 new electric power generating technologies. These estimates come from global engineering and design firm Sargent & Lundy (S&L), which the EIA commissioned to help accurately reflect the changing cost of new power generation technologies for the Annual Energy […]