Power
Moody’s upgrades India power sector outlook
A Moody's Investors Service-ICRA report on Thursday upgraded the outlook for the Indian power sector to "stable" over the next 12-18 months with a...
Power
BHEL to cut dependence on power business to 50%
State-run engineering major Bharat Heavy Electricals (BHEL) is internally aiming to cut down its dependence on thermal power business from 80 to 50 percent...
Power
NTPC to phase out 11,000 MW of its old thermal power plants
As part of the government’s mission to phase out inefficient thermal power plants in India, NTPC has already given the in-principle clearance to replace...
Power
Emerson Network Power rebranded as Vertiv, appoints new CEO
Emerson Network Power, a provider of power, thermal and infrastructure management solutions for mobile and cloud computing markets, has been rebranded as Vertiv.
The company...
Power
Global steam turbine market to touch USD 15.48 bn by 2025
Global steam turbine market is expected to reach USD 15.48 billion by 2025, according to a new report by Grand View Research.
Asia Pacific was the leading regional market with...
Power
GE selected to upgrade Taiwan’s largest hydroelectric power plant
With its installed capacity of 1,602 megawatts, the Mingtan Pumped Storage Hydro Power Plant is Taiwan’s largest hydroelectric power plant and has a crucial...
Power
Duke Energy Carolinas issues RFP for 750,000 MWh of energy
Duke Energy Carolinas (DEC) has issued a request for 750,000 megawatt-hours (MWh) of energy located in its territory.
Results from the request for proposals (RFP)...
Power
GE highlights key trends supporting growth of electrification
The energy system drives today’s economic and social progress. According to IEA, global energy investment in 2015 accounted for nearly 2.4 percent of global GDP. Electricity,...
Power
Atrex Energy grabs $3.1 mn contract from U.S DoE
Atrex Energy, a provider of clean, small power generators, announced it has been awarded a new contract worth $3.1 million from the US Department...
Power
GE’s new SiC tech promises better solar power conversion efficiency
Scientists at GE Global Research Center have been developing a revolutionary new material that could benefit the solar industry.
This material, Silicon Carbide (SiC), a synthetically...