POWERnews

While global nuclear power capacity has remained at a consistent level over the past decade, newly released data from the International Atomic Energy Agency (IAEA) suggests that more than two-thirds of the world’s nuclear reactors are more than 30 years old, and nearly a third have been in operation for 40 years. According to the […]

State-run China Energy News reported that officials on August 19 approved construction of 11 nuclear reactors across the country, part of a wave of new reactors that could see China surpass both the U.S. and France in terms of operating reactors by the end of the decade. CGN Power Co., a subsidiary of China’s state-owned […]

A floating wind turbine platform developed by Mingyang Group is now sited at a Chinese offshore wind farm. OceanX, at present the world’s largest single capacity technology of its type, is supporting the 505-MW Yangjiang Mingyang Quingzhou IV project near Guangdong, China. Mingyang on August 19 announced the platform had completed its 191-nautical-mile trip from […]

A leading nuclear science and technology group in Canada, along with the investment arm of one of the country’s top banks, said they together would invest about CA$20 million ($14.6 million) to support development of commercial fusion energy. Canadian Nuclear Laboratories and BDC Capital, part of the Business Development Bank of Canada, on August 8 […]

A major China-based wind turbine manufacturer confirmed it has an agreement with a Brazilian energy company to install its equipment for the first time in Latin America. Mingyang, the largest private wind turbine maker in China, on August 16 said it has “joined forces” with Brazil’s Companhia Paranaense de Energia, a utility better known as […]

A New York-based infrastructure investment fund said it has completed its purchase of a community solar and battery energy storage business in a deal to expand the U.S. community solar market. NOVA Infrastructure on August 16 said its acquisition of UGE International will forge a partnership “with UGE’s veteran management team with the goal of […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   August 15, 2024 LS Power Acquiring Renewable Energy Assets in $2.5 Billion Deal A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from […]

Sage Geosystems will build a first-of-its-kind 3-MW geothermal baseload power and energy storage system on land owned by San Miguel Electric Cooperative (SMECI) in Christine, Texas. The company plans to begin operating the project later this year to supply the Electric Reliability Council of Texas (ERCOT) grid. The project will mark the first commercial-scale deployment […]

U.S. renewable energy major RWE announced the signing of two long-term power purchase agreements (PPAs) that will supply electricity to social media company Meta. The deal is for clean energy from two solar farms with combined generation capacity of 374 MW. The solar facilities are RWE’s 274-MW County Run Solar project in Illinois, and the […]

The Dell name is synonymous with technology and innovation, so perhaps it’s not surprising that a member of that famous computing family is working to solve the challenge of making electricity more reliable and resilient. The technology is distributed batteries, in this case a battery for the home that supports the power grid during periods […]