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United States


Siemens Will Cut 7,800 Jobs From Gas and Power
Siemens-HL-class-gas-turbine-delivery-Duke-Energy

Siemens Energy announced it will cut 7,800 jobs from its gas and power division by 2025 as the company attempts to be more competitive in a global energy market that…


South Korea Lenders Will End Support for Coal
Posco Energy

Affiliates of one of South Korea's largest business conglomerates announced they no longer will provide financial support for coal projects, putting in jeopardy plans to finish a 2,100-MW coal-fired power…


Assembly Phase Underway for ITER Nuclear Project

Officials with the ITER project in France said work has started on the assembly of giant components needed for construction of an experimental nuclear fusion reactor, a project designed to…


China Leads Investment in Coal Projects—and Also Renewables

China continues to finance new coal plants in more than two dozen countries, even as the country has taken the lead in global renewable energy investment, according to a report…


Developing Nations Driving Clean Energy Investment

A new study from BloombergNEF (BNEF) says developing countries lead the way on new investments in clean energy, with those nations taking advantage of lower project costs for solar and…