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Power Construction

Duke Energy Misses Expectations As Storms Hit Earnings

Power and gas utility Duke Energy Corp. has reported $1.24 billion in adjusted net income for the third quarter, down from $1.49 billion for the same three-mont…

Wind Farm

Octopus Energy Surpasses $2 Billion Offshore Wind Investment in 2 Years

Octopus Energy’s generation arm surpasses $2 billion of offshore wind investments in two years, as it accelerates the roll-out of offshore wind globally.L…

Wind Turbine

Iberdrola Seals a Wind Energy Agreement Worth More Than 1 Billion Euros With Siemens Gamesa in the United Kingdom

Huge boost for UK manufacturing, with blades for the 64 wind turbines to be manufactured in Siemens Gamesa’s Hull factory, which provides 1,300 local jobs…

Offshore Wind Power

Siemens Gamesa Bags GBP 1 Billion Turbine Contract for East Anglia Two

ScottishPower has awarded Siemens Gamesa a turbine contract worth more than GBP 1 billion for its 960 MW East Anglia Two offshore wind farm in the UK.Under the …

EV Market

Yole Group: Electrification and Autonomy Will Boost Semiconductor Content to $1,000 per Car by 2029

The automotive semiconductor market is expecting a significant CAGR of 11% between 2023 and 2029 to almost $100 billion at the end of the period. Semiconductor …

Solar Power Plant

World’s Second-Largest Solar Plant Goes Online in China

CHN Energy has connected the 3 GW Mengxi Lanhai solar facility to the grid after 14 months of construction. The project in Ordos, Inner Mongolia, required a tot…

Green Hydrogen

Air Products Pulls Out of Green Hydrogen JV Project in Texas

Image by: Det Norske Veritas (DNV).US industrial gases company Air Products (NYSE:APD) has given up on a USD-4.5-billion (EUR 4.2bn) green hydrogen joint ventur…

India

Tata Power Arranges Renewables Off-Take for India’s Noida Airport

Noida International Airpot, India. Image by: Tata Power.Indian electric utility Tata Power Co Ltd (BOM:500400) has signed two deals to supply wind and solar pow…

Gas power plant

Entergy Mississippi Breaks Ground on 754-MW Gas-Fired Power Station

Entergy Mississippi on Nov. 7 celebrated the start of construction of a new $1.2 billion, 754-MW natural gas-fired power plant that will serve the utility&rsquo…

Photovoltaic （PV）

Uzbekistan Aims to Have More Than 18,000 MW of Wind Energy and Photovoltaic Solar Power by 2030

By 2026, Uzbekistan plans to have 5,000 MW of photovoltaic (PV) and wind capacity, and by 2030 this figure is expected to exceed 18,000 MW. This would allow the…

Wind Farm

ScottishPower and Siemens Gamesa Sign Offshore Wind Energy Deal

ScottishPower has awarded Siemens Gamesa a wind turbine supply contract valued over £1 billion for its East Anglia TWO offshore wind farm.The 64 wind turbines…

Hydrogen Project

Uniper Delays EUR 8bn Investment Plan Amid Weak Hydrogen Demand

German energy group Uniper SE (ETR:UN01) will need more time to reach the target of investing around EUR 8 billion (USD 8.63bn) in its green transformation due …

Power Construction

1.4 GW of New Renewable Generation Gets Go-Ahead for Construction

Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 b…

Hydrogen Project

USDOT Invests $97 Million in Hydrogen Rail Projects as Part of a $2.4 Billion Rail Improvement Initiative

The United States Department of Transportation (USDOT) has allocated $97 million to advance hydrogen-related rail projects across the country. This funding is p…

Hydrogen Technology

TA’ZIZ Secures $2 Billion for Blue Hydrogen Ammonia Infrastructure in UAE

EPC contracts advance TA’ZIZ’s strategy to drive UAE’s industrial growth as it supports ADNOC’s ambition to become a top five global che…