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Power DECODED

Latest edition: 20 May 2024
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Spotlight

Siemens Energy plans to sell Indian wind business at $1bn valuation

The decision is in line with Siemens Gamesa's strategy to concentrate on its core markets in Europe and the US.

Latest news

Engie revenue plummets 25% to €22bn in Q1 2024

French utility Engie has reported total revenues of €22bn for the first quarter of 2024, a slump of 24.6% compared with €29.2bn a year previously.

Brookfield to invest $500m in India's Leap Green Energy

Canada-based Brookfield Asset Management is set to invest $500m (C$680.72m) for a controlling interest in Indian renewable energy company Leap Green Energy, Bloomberg has reported.

Iberdrola to acquire remaining 18.4% stake in Avangrid for $2.6bn

Spanish utility Iberdrola has agreed to acquire the remaining 18.4% stake in its US subsidiary Avangrid in a $2.6bn (€2.39bn) all-cash transaction.

How satellite-enabled IoT can help operators get clarity on supply chains

Satellite-enabled industrial monitoring powered by the Internet of Things (IoT) and AI can help energy operators build supply chain resilience, writes Damian Lewis, market development manager at Viasat Enterprise.

In conversation: how AI can optimise energy use and aid the green transition

With hundreds of the world’s climate scientists reported to be expecting global temperature rises of at least 2.5°C, well above the internationally agreed target of 1.5C, the need for clean energy and to reduce reliance on fossil fuels is more pressing than ever.

Ocean Infinity to conduct geophysical survey at Dogger Bank South in UK

RWE and Masdar have awarded Ocean Infinity the contract to conduct 3D Ultra High Resolution seismic geophysical surveys at the Dogger Bank South (DBS) West offshore wind farm in the UK.

Solving wind's dirty secret: new issue of Future Power Technology out now

In this issue: wind turbine disposal, permitting, battery energy storage, coal-fired power phaseout, hydrogen and the Indian energy market

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Truett-Hurst, announced that beginning Fall 2014 and Spring 2015, Total Wine & More, "America's Wine Superstore" will be adding several new Truett-Hurst SKU's to their wine listings.

Saudi Arabia could reach closer to 130GW renewable capacity target by 2030 with robust policy implementation

Saudi Arabia is focusing on increasing the share of non-oil fuels to meet its increasing power demand and diversify its power mix.

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