GE Vernova steps up MIT recruitment
Oct 7 – GE Vernova today announced its goal to double the number of interns and permanent hires it brings on board in 2027, expanding its Alliance with the Massachusetts Institute of Technology (MIT).
March 2 – Data published by the Energy Information Administration (EIA) shows that in 2015 gas-fired power stations has produced nearly the same electricity output than their coal-fired rivals: 1,335 TWh of gas power vs 1,356 TWh coal power. During the winter, coal lost out to gas as it produced merely 668 TWh against 726 […]
Mar 1 – South Korea’s trade minister Joo Hyung-hwan said he seeks to establish a “genuine, long-term partnership” with Iran, rather than focussing on “short-run outcomes like temporary increases in trade volumes.” Iran is rushing to boost its oil and gas exports, but Korea is also eager on cooperation in other areas such as steel […]
Mar 1 – Distributed power will provide reliable, cost-effective electricity at one of Flour Mill SCTB’s facilities in the city of Douala in Cameroon. To that end, Clarke Energy will supply SCTB with a 1.4 MW GE J420 Jenbacher gas engine which will permanently replace the existing rented gas generators at the site. On-site power […]
Feb 29 – Closure of three coal power stations, with a combined capacity of 6 GW, by the end of April is adding supply-side risk that is reflected in the premium of the UK April-16 baseload power contract over the corresponding frontmonth March-16 contract. Seasonal maintenance is also scheduled starting from the first week of […]
Feb 29 – E.ON’s power plant trading unit Uniper has filed a lawsuit against the grid operator Tennet which had blocked plans to mothball the loss-making Irsching 4 and 5, some of Europe’s most modern CCGT units. Separately, Uniper – together with Irsching-5 co-owners Mainova, N-Ergie and HSE – also took to court, claiming Tennet’s compensation […]
Feb 27 – Several Alstom-related power generation assets – worth about €120 million – have been sold by GE to Ansaldo Eneria, has required by European regulators in connection with the takeover deal. These divestments include Alstom’s GT36 technology development program, its GT26 product line as well as its Power Systems Manufacturing business, which after-sale […]
Feb 26 – E.ON and the Italian agro-food group Granarolo have agreed an outsourcing deal that will see E.ON’s integrated energy solutions arm ECT to fully own, operate and manage Granarolo’s existing and new energy assets of 14 MW. In particular, ECT will refurbish, operate and maintain the 4 CHP plants at Granarolo’s main production sites. […]
Feb 26 – The merger between the US power producer Dominion Resources and Questar Corp., a gas distribution company, is advancing after the Federal Trade Commission has granted early termination of the 30-day waiting period. The closure of Dominion’s takeover of Quester for about $4.4 billion in cash, however, still requires consent of Quester shareholders.
Feb 25 – Iran’s oil minister Bijan Zanganeh has announced that 30 Siemens gas turbines and compressors were “recovered” that had earlier been impounded due to sanctions. Fast-tracked delivery is now meant to advance the South Pars gas project, the minister told IRNA reporters after a meeting with Siemens CEO Joe Kaeser.
Feb 25 – The first six high-efficiency gas compression trains, built by GE in Damman, will be Phase I of Saudi Aramco’s Master Gas System expansion project in the Saudi kingdom. This year, six more trains will be manufactured at GE’s local Gemtec centre as part of Phase I.
Oct 7 – GE Vernova today announced its goal to double the number of interns and permanent hires it brings on board in 2027, expanding its Alliance with the Massachusetts Institute of Technology (MIT).
Oct 5 – Wärtsilä has secured an order to supply a 282 MW onsite power plant for an American data center project. The decentral onsite plant will run on fifteen 50SG engines scheduled for delivery in 2028. The overall power project is expected to be operational in 2029.
Oct 2 – PacificLight Power has broken ground on a S$1.2 billion hydrogen-ready power plant on Jurong Island, Singapore, a hybrid project integrated with a dedicated battery energy storage system (BEES). With an installed capacity of 670 MW, the combined-cycle gas turbine (CCGT) plant will be Singapore’s largest and most efficient single generating unit when it starts up in 2029.
Sept 30 – Singapore households will have to pay less for gas and electricity in the fourth quarter of 2026. SP Group, Singapore’s grid operator, confirmed the household electricity tariff will fall 10.4%, or 3.32 Singapore cents (S¢) per kWh in the period between October and December 2026. Electricity prices will be at 28.59 S¢ per kWh for the fourth quarter, down from 31.91 S¢ per kWh in from July to September.
Sept 30 – Singapore households will have to pay less for gas and electricity in the fourth quarter of 2026. SP Group, Singapore’s grid operator, confirmed the household electricity tariff will fall 10.4%, or 3.32 S$cents per kWh in the period between October and December 2026. Electricity prices will be at 28.59 cents per kWh for the fourth quarter, down from 31.91 S$cents per kWh in from July to September.
Sept 28 – European gas prices at the Dutch TTF rose nearly 2.5% on Monday after US President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz, raising fears that disruptions to Middle East LNG shipments could persist into the winter. The bullishness at Europe’s benchmark gas trading hub is exacerbated by fear of gas shortages, given that gas storages are just under 70% full in key gas consuming markets such as Germany. The Dutch TTF front-month Oct26 contract was last seen trading at €74.05 per Megawatt-hour, while the Brent contract for November delivery was last seen changing hands at $108.08 per barrel.
Sept 25 – ProPetro Holding, has committed to supply 230 MW of behind-the-meter power to support Targa’s natural gas processing infrastructure in the Permian Basin. The new units bring the total contracted capacity to 510 MW, with full deployment expected in early 2028.
Sept 24 – Fitch Ratings has upgraded the credit rating of INNIO to BB from B+, with a stable outlook, following a recent upgrade by Moody’s. Analyst said these upgrades reflect INNIO’s strong operating performance and cash flow generation, supported by a growing installed base for power gen assets that helps underpin service revenues.
Sept 23 – Emerson today announced plans to build its first certified flow calibration lab and an associated automation solution service center in Qatar’s Umm Alhoul Free Zone. The new 3,500-square-metre facility will expand Emerson’s local capabilities for customers across the Middle East and Africa.
Sept 21 – MOL Group has inaugurated a new 37.4 MWp solar park and an associated electricity storage system with 20 MW of nominal power and 40 MWh of storage capacity at its Algyő site in Hungary. The hybrid power unit will strengthens the energy independence of MOL’s own operations at Algyő and reduce operating costs by replacing electricity purchased from the grid.
Sept 16 – GE Vernova is fast-tracking delivery of new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience across England and Wales in generations.
Sept 14 – Singapore’s experience in the Middle East crisis highlights the country’s exposure to external energy supply shocks. Over 95% of Singapore’s electricity generation is fuelled by imported LNG, hence diversification is paramount for supply security, said Gan Siow Huang, Singapore’s minister of trade and industry. Singapore is hence developing a second LNG terminal with a view to increasing import capacity to 15 mtpa by 2030.
Aug 31 – The number of gas-fired power plant projects, linked to US data centres, has nearly doubled in the first half of 2026. According to Global Energy Monitor, 378 MW of gas capacity is currently under development in the US, one-third of total projected capacity worldwide, led by Texas with 122 MW.
Aug 27 – GE Vernova has been chosen by Laing O’Rourke to deliver a new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience in a sustainable manner. The projects form part of The Great Grid Upgrade, the largest overhaul of the electricity grid across England and Wales in generations.
Aug 26 – Net Power has agreed to purchase 123 MW of new power generation equipment to increase the installed capacity of its Project Permian to nearly 200 MW. The gas-fired power project in West Texas is being gradually scaled up to 1 GW.
Aug 24 – Singapore’s Economic Development Board (EDB) has provisionally allocated 200 MW of new data centre capacity to Digital Realty, Equinix, Keppel Data Centres and ST Telemedia Global Data Centres, with each receiving 50 MW for facilities on Jurong Island. All sites will be developed within JTC’s planned low‑carbon data centre park on Jurong Island, and operators must source more than 50% of their capacity from green or low‑carbon energy such as biomethane, low‑carbon ammonia or hydrogen.
Aug 21 – Germany’s underground gas storage facilities are only about 50% full as of mid-August, well below last year’s roughly 67%. To achieve the targeted 70% filling levels by November, the government is preparing additional intervention options although traders remain cautious amid elevated prices and geopolitical uncertainty.
Aug 19 – A Russian air strike has damaged one of DTEK’s thermal power plant, forcing the Ukrainian operator to shut down one unit. DTEK’s thermal power fleet had an installed capacity of about 13.3 GW as of early 2022, spread across eight plants, though repeated attacks since then have destroyed much of that installed capacity, jeopardising regional electricity supply security.
Aug 17 – Wärtsilä is preparing to deliver an off-grid power solution for a new data center, under construction in Texas. The 790 MW power plant will operate with 42 Wärtsilä 50SG engines running on natural gas.
July 29 – Electricity demand in India is on course to rise 4-5% year-on-year in 2027, Fitch Rating reckons, referring to the country’s higher cooling needs and economic growth. Coal remains king in the Indian energy mix, fuelling more than 70% of power stations, while gas-burn fell to 15% in June 2026, down from 22% a year earlier amid supply constraints and higher LNG prices.