Business

In 2019, more electricity was generated from renewable sources in New York than in all but three states, according to the U.S. Energy Information Administration’s (EIA) Electric Power Monthly. New York’s 39.4 million MWh of renewable electricity generation was more than any other state east of the Mississippi River and accounted for 30% of the...
Turbines and Mechanical Components

UK bearing manufacturer Michell Bearings is marking its centenary, having been founded in 1920. In 1905, founder A.G.M Michell registered patents in Britain and Australia for his tilting pad bearing invention, a concept widely used around the world today. Now employing 182 people from manufacturing sites in the UK and India, as well as a...
Business

Brazilian power holding company Light is “actively working” on a divestment program, Chief Financial Officer Roberto Barroso told attendees of an investors webcast Friday. According to BNamericas, the goal is to sell interests in assets that are not wholly controlled by the group, such as Ganhães Energia, the 11,233-MW Belo Monte hydroelectric power plant and...
Business

As part of a pan-European initiative, one of three leadership-class supercomputers, LUMI, will be located at CSC’s data center in Kajaani, Finland, and will run on 100% fossil-free hydropower from Vattenfall. LUMI is one of the fastest supercomputers in the world, according to a press release, and will be operational between 2021 and 2026. The...
Business

In the largest municipal electric department purchase of renewable power in New England history, 21 public power entities from Massachusetts, Rhode Island, and Vermont have agreed to purchase 200 million kilowatt-hours (kWh) per year of hydroelectric power produced by FirstLight Power in Western Massachusetts. The purchase agreement, structured and executed by Energy New England, will...
Business

Renewable power capacity worldwide will increase to a record 200 GW this year forecasts the International Energy Agency’s Renewables 2020 report. The increase, representing almost 90% of the total expansion in overall power capacity globally, is led by wind, hydropower and solar PV. Wind and solar additions, in particular, will jump by 30% in both the USA...
Business

Pacific Gas and Electric Company (PG&E) announced that its plans to sell the 28.7-MW Crane Valley Hydroelectric Project in Madera County, California. PG&E’s Crane Valley Project was constructed between 1895 and 1920 by the San Joaquin Power Company, which later became the San Joaquin Light and Power Corporation. It consists of five hydroelectric powerhouses, as...