US President Barack Obama tours the General Electric Plant with GE Chairman and CEO Jeffrey Immelt (L) and plant manager Kevin Sharkey January 21, 2011 in Schenectady, New York.
General Electric recently announced $1.2bn orders for its new FlexEfficiency 60 turbine, which the company claims is a step change for the industry in its ability to supply both baseload power and ramp quickly to smooth intermittent loads from solar and wind. Keep reading →
Blessed with abundant surface water resources and a considerable amount of associated hydroelectric power, Brazil has lots of renewable energy, and a lot of room to generate additional power from renewable sources like wind and solar.
Brazil is the world’s second largest hydro power consumer behind China, but a sharp contrast between wet and dry seasons – along with occasional droughts – has driven the country to import LNG in recent years to supplement its energy security. Keep reading →
An 11th hour withdrawal from a long-anticipated initial public offering could be a potentially damaging blow for a cleantech startup trying to raise additional capital from the public markets.
But BrightSource, the concentrating solar power startup with 9 GW of projects in the pipeline, has not ruled out another attempt at a public launch. Keep reading →
Asia is the world’s largest infrastructure market, with $4.1 trillion in power market spending expected over the coming decade, experts told industry participants and journalists at a recent quarterly power sector briefing held by infrastructure firm Black & Veatch. Keep reading →
A customized approach to individual projects and problems is necessary as the world moves to upgrade, expand and in some cases completely rework its energy infrastructure.
“If we’re not going to get federal legislation, then regulations and standards assume great importance,” Alstom Senior Vice President Joan MacNaughton told Breaking Energy following the Economist Group’s Global Energy Conversation in November. MacNaughton participated in the event following her role as Executive Chair of the World Energy Council’s 2011 Energy Policies Assessment Report. Keep reading →
Rebounding orders in the electric transmission grid business sector of infrastructure giant Alstom led a broader extension of the company’s order book in the power sector after an extended period of weak sales due to the recession.
Alstom reorganized on June 15, 2011 into new business groups and joined up with Russian and Chinese companies in partnerships designed to boost its profile in the developing world economies making large infrastructure investments. Keep reading →