Westinghouse secures ITER fusion reactor assembly contract
Westinghouse Electric has secured a $180m contract from ITER for the assembly of a nuclear fusion reactor’s vacuum vessel in …
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Crown Estate boosts UK Treasury with offshore wind profits
The Crown Estate has announced a substantial net revenue profit of £1.1bn ($1.5bn) for the financial year 2024/25, primarily fuelled …
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Q&A: Schneider Electric on modern energy threats, digitalisation and grid resilience
As a result of major shifts in the global energy and geopolitical landscape, grids today face a perfect storm of …
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CAF grants $100m for Bahamas energy reform
CAF, the development bank of Latin America and the Caribbean, has approved a $100m loan to foster energy sector reforms …
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ORIX finalises Greenko share transfer deal
ORIX has announced its decision to re-enter a share transfer agreement, selling 17.5% out of its 20% holdings in affiliate …
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Q&A: Caterpillar consolidates its move into the energy storage space
On a recent site visit to Caterpillar Electric Power’s Malaga Demonstration & Learning Centre, Power Technology caught up with design …
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Globeleq and African Rainbow Energy advance 612MWh BESS project
Globeleq and African Rainbow Energy have advanced the development of the 153 MW/612 megawatt hours (MWh) Red Sands battery energy …
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Ameren proposes 800MW natural gas energy centre in Missouri
Ameren Missouri has submitted a proposal to the Missouri Public Service Commission to build an 800MW simple-cycle natural gas energy …
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Global offshore wind capacity reaches 83GW: GWEC report
The offshore wind industry has made an addition of 8GW of capacity in 2024, revealed the flagship Global Offshore Wind …
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GE Vernova explores Proficy software business sale
GE Vernova is considering the sale of its industrial software division, Proficy. This could generate up to $1bn, as reported …
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Singapore’s renewables hit record high
Singapore has witnessed a surge in renewable energy use with increased solar generation and clean power imports, as reported by …
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Siemens to begin manufacturing large power transformers in US by 2027
Siemens Energy has announced its intention to commence production of industrial-scale large power transformers (LPTs) in the US by 2027, …
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Official consent given for 2GW West of Orkney wind farm
The Scottish government has officially granted offshore consent to the 2GW West of Orkney wind farm - the first ScotWind …
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South Korea approves nuclear plant dismantlement
South Korea is set to embark on its inaugural nuclear power plant dismantlement project, with the Kori-1 facility scheduled for …
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Wasion secures three smart power meter contracts
Energy savings solutions provider Wasion Holdings has won significant smart meter contracts in Mexico and Tanzania, strengthening its international presence. The Federal …
