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Business
Hydropower Plant
GE Vernova to Upgrade Two Turbine and Generator Units at Cushman II Hydropower Plant
Cushman II hydropower plant. Image by Tacoma PowerGE Vernova's Hydro Power business has been tasked with upgrading the Cushman II hydropower plant by Tacoma…
Offshore Wind Power
UK Seeks 10 GW of Offshore Wind Projects in 2024 Auction
The British government could award 10 gigawatts (GW) of offshore wind projects in next year’s renewable energy auction, after it increased the level of su…
Hydrogen Production
New UHL Business Targets Geologic Hydrogen Deposits
United H2 Limited (UHL), has formed a hydrogen exploration business, Voyager H2, with a group of engineering partners to capitalize on geologic hydrogen (earlie…
Energy Investment
World Business Outlook Awards 2023: Benchmark for Ultimate Business Excellence
World Business Outlook is elated to announce the recipients of the top honours for its 2023 Annual Awards. It is one of the much-anticipated global events that …
Electrolyzer
GE Vernova and Next Hydrogen Sign MoU to Integrate Electrolysis Technology With Power Systems to Produce Green Hydrogen
GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s elect…
Oil & Gas Trade
Nigeria, Germany Seal $500M Gas, Renewable Energy Deal
The Nigerian government and that of Germany have entered into a bilateral agreement that would see both countries exchanging gas and renewable energy resources.…
Coal Trade
Teck Announces Full Sale of Steelmaking Coal Business
Teck Resources Limited has announced it has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources (EVR), through a sale of a…
Oil & Gas Trade
Turkmenistan Ready to Expand Swap Gas Supplies via Iran
Turkmenistan’s Foreign Minister Rashid Meredov during the Turkmen-Iranian business forum held in Ashgabat stated that Turkmenistan is ready to significant…
Offshore Wind Power
Statkraft Acquires Spanish Based Renewables Business Enerfin From Elecnor Group
The acquisition of Enerfin adds 1.5 GW of operational wind power, wind and solar capacity currently under construction plus a sizeable pipeline of projects in d…
Electric Vehicle Charging
LG Electronics to Enter Us EV Charging Market With Line of AC and DC Chargers
LG Electronics will enter the rapidly growing U.S. electric vehicle charger market in 2024 with the introduction of its first line of AC and DC EV charging stat…
Nuclear Reactor
Germany's Uniper Says No Plans to Build New Nuclear Reactors in Sweden
Logo of Uniper is pictured at the company's headquarters, as Germany agreed to nationalize Uniper by buying Fortum's stake in the gas importer to secure…
Wind Turbine
First Wind Turbine Produced at GE Vernova's NY Facility
(GE Verona's 6 MW turbine at a site in New York. Credit: GE Verona)GE Vernova’s Onshore Wind business announced that it has completed the first onshor…
Oil & Gas Trade
Energy Transfer Inks Non-binding Deal to Supply Crude to France's Totalenergies
A view shows a logo of TotalEnergies at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2…
Renewable Energy
Michigan governor to sign clean energy future plan into law; State Will operate on 100-percent clean energy by 2040
An ambitious package of renewable energy bills that just passed the Michigan Legislature—now on its way to be signed into law by Michigan Governor Gretchen Whi…
Oil & Gas Trade
Nigeria restores 275,000 bpd production at totalenergies JV
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. …
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