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revenue


GE Reports $1 Billion Hit to Cash Flow

General Electric (GE) on April 29 reported a steep drop in first-quarter revenue, with the industrial giant—like many companies—taking a major hit from the coronavirus pandemic. The company reported a…


GE, Siemens, Utilities Take Hits From Coronavirus
Lincoln-Project-Combustion-Gas-Turbine-Delivery-Siemens

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…


Power Sector Fossil Fuel Revenues Decrease While Renewable Energy Grows Rapidly

The U.S. Census Bureau released data on Nov. 18 showing that revenues for electric power generation industries that use renewable energy resources grew 49% from 2007 to 2012, while fossil…