U.S.

A U.S. bank that supports technology exports to international groups is committing $98 million toward development of a small modular reactor (SMR) project in Romania. The board of directors of EXIM, the U.S. export-import bank, on October 2 announced approval of a final commitment for a loan for pre-project services for the SMR, which would […]

Updated data from the China Nuclear Energy Association (CNEA) shows the country has 55 nuclear reactors in operation, ranking third globally behind the U.S. and France. The CNEA said China at present has a world-leading 26 nuclear power units under construction, including Unit 5 of the Ningde Nuclear Power Plant in Fujian Province, where the […]

A Kentucky-based group has announced plans to build a 6-GW fleet of nuclear power stations in the U.S., looking to take advantage of bipartisan support for nuclear technology and the need to build more baseload, zero-carbon sources of energy. The Nuclear Company, headquartered in Lexington, said its business model would lean on “proven, licensed technology […]

As the oldest renewable energy resource, hydropower is well-established as a reliable source of dispatchable energy. Yet, it is often overlooked and taken for granted. It’s commonly believed that hydro’s

The market for customizable, scalable, turnkey energy storage solutions continues to evolve, as companies look at providing systems that will work from an individual application level all the way to grid and utility-scale deployment. Kontrolmatik, an Istanbul, Turkey-headquartered systems integrator and global engineering, procurement, and construction leader in power generation, transmission, and distribution, and its […]

Energy ministers from seven of the world’s largest economies, including the U.S., said they would end the use of “unabated” coal by 2035, but also said countries could extend that deadline if circumstances warrant. The Group of Seven (G7) members, which also include Canada, the UK, France, Germany, Japan and Italy, published a communiqué on […]

GE Hitachi Nuclear Energy (GEH) is forming a group of qualified supply chain companies to help ensure the deployment of its BWRX-300 small nuclear modular reactor (SMR). The move comes as power companies vie for components amidst a supply chain strain that has led some sectors to delay critical infrastructure projects and ramped up competition […]

An energy storage division of a global solar power provider announced it has signed a letter of intent to supply equipment for several energy parks being developed by a UK-based renewable energy company. Trina Storage, part of China-headquartered Trina Solar, on April 19 said it would partner with London-based Pacific Green on several projects, and […]

A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the prior year. The “Global Wind Report 2024,” published April 16 by the Global Wind Energy Council (GWEC), said “the world is moving in the right […]

Several solar power equipment manufacturing companies are building factories in the U.S., with many of those groups saying the investments are due to passage of the Inflation Reduction Act (IRA) and its incentives tied to domestic production. One of those companies is Heliene, a Canada-based solar power equipment maker. Heliene, which also makes solar panels […]