Wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has lowered its sales forecast for 2020, and the company said it expects the economic impact of COVID-19 will cut €1 billion…

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…

U.S. power plant operators continue to change procedures at their facilities, including pushing back scheduled maintenance, due to lockdowns and quarantines associated with the coronavirus pandemic. The changes are impacting…

by Sonal Patel

GE will retain its lucrative digital business—not spin it off, as had been planned—but it will sharpen the division’s focus on four key markets, including electric utilities and power generation,…

by Sonal Patel

FirstEnergy Corp. bled $2.64 billion from its competitive businesses over 2017, financial losses exacerbated by marked declines in contract sales, higher operating expenses, and costs associated with asset impairment and…