Asia-Pacific (APAC) will continue to lead the distribution transformers market of the global power sector with a share of 48% and reach $6.94bn in 2022, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Distribution…
Renewable Energy the Most Competitive Source of New Power Generation in GCC
Abu Dhabi, UAE – Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report…
FPL Announces Groundbreaking ’30-by-30′ Plan to Install More than 30 Million Solar Panels by 2030, Make Florida a World Leader in Solar Energy
-- FPL is leveraging its leadership position in clean energy to become America's largest producer of solar energy among electric companies and further…
Wärtsilä Provides Efficient and Flexible 90 MW Power Plant to Supply Electricity and District Heating for Dresden, Germany
The technology group Wärtsilä has been awarded a contract to deliver a combined heat and power engine power plant (CHP) to Dresden, Germany. The facility has been ordered by DREWAG, Dresden’s local utility company, and will be delivered by Wärtsilä on…
Gas Demand Hits Lowest Level in 2 Years
DENVER – The latest Energy Information Administration (EIA) data register gasoline demand at 8.6 million barrels per day for the week ending December 28 – the lowest level on record since February 2017. Overall demand was down nearly 900,000 barrels…
Despite Drop in Share, APAC Will Lead Global Solar PV Market Volume through 2022, Says GlobalData
Despite a drop in its share, the Asia-Pacific (APAC) region, with its large population base and strong requirement for electricity generation capacity, will continue to influence the global solar PV module market over the forecast period 2018-2022, according…
Global Commission Describes New Geopolitical Power Dynamics Created by Renewable Energy
Abu Dhabi, UAE: 11 January 2019 —Political and business leaders from around the world have outlined the far-reaching geopolitical implications of an energy transformation driven by the rapid growth of renewable energy. In a new report launched today at the…
Drillinginfo Provides Market Clarity in Report Focused on Price Drop Impacts
AUSTIN, Texas, Jan. 9, 2018 - Drillinginfo, the leading energy SaaS and data analytics company, has released After the Storm, a forward-looking report on the company's current view of the oil, natural gas, and NGL markets over the next five years. This update…
APAC Will Lead Global Wind Gearbox and Direct Drive Equipment Markets Over Next Four Years, Says GlobalData
Asia-Pacific (APAC) is expected to lead the global wind gearbox and direct drive equipment markets with a share of 46% and 53.5%, respectively over the forecast period (2018–2022), says GlobalData, a leading data and analytics company. …
Site Work Commences for Wärtsilä 378 MW Power Plant in El Salvador
The technology group Wärtsilä commenced site work for a new 378 MW power plant being supplied on an Engineering, Procurement and Construction (EPC) contract in El Salvador. This facility, ordered by Energía del Pacífico, will be the largest and most efficient…
