In 2002, the government of Saudi Arabia moved to step up the private sector’s role in the kingdom’s economy by opening the production of power and desalinated water. Saudi firms…
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Solar technology is advancing at a rapid rate, making solar easier to adopt. However, there is still a large potential of growth when it comes to the solar market. Looking…
Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan.…
LONDON (January 7, 2020) – Global solar installations will continue double-digit growth rates into the new decade, according to the new 2020 Global Photovoltaic (PV) Demand Forecast by IHS Markit…
A report from a UK-based online journal that covers climate and energy policy said that coal-fired power generation worldwide will fall by 3% this year, to about 54% of global…
YOKOHAMA, JAPAN - (August 6, 2018) Mitsubishi Hitachi Power Systems (MHPS) today announced their continued leadership of the global market for gas turbines. Through the 2nd quarter of 2018, MHPS…
The Trump administration, which is considering subsidizing baseload coal and nuclear power for resiliency and “national security,” is pursuing an “all-of-the-above” energy strategy that emphasizes natural gas exports, said Energy…
The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over…
Now more than ever, the power generation business is a global business. Supply chains are more international than in the last century. Thanks to more easily retrievable reserves of shale…