In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams…
IPP
In 2002, the government of Saudi Arabia moved to step up the private sector’s role in the kingdom’s economy by opening the production of power and desalinated water. Saudi firms…
Once a giant pure-play independent power producer, NRG Energy has cultivated a legacy of pioneering business models to withstand waves of change in the power sector. Its latest strategic shift…
Mitsubishi Hitachi Power Systems (MHPS) has bagged an order for the first advanced-class gas turbines designed to transition to renewable hydrogen fuel from Utah's state-owned Intermountain Power Agency (IPA). MHPS’s…
Merchant markets for independent power producers in the U.S. are unfavorable, and many companies in the sector have slumping profits—even big losses—as they ponder where to go in the months…
Oman recently began operating a Wärtsilä-built power plant in the northern part of the country, part of more than $1 billion in power and energy projects being developed in the…