power grids

GE Vernova to buy grid supplier Trench for $9 billion

GE Vernova has agreed to buy Berlin-based high-voltage grid equipment maker Trench Group from investment firm Triton Partners for $9 billion. The deal is meant to grow the company's electrification business as utilities around the world increase spending on power…

Global energy spending shifts from solar panels to grid and battery infrastructure

The global energy transition is entering a new phase. Investment is moving away from solar panels and wind farms and toward the grid infrastructure and battery storage needed to make renewable-heavy power systems work, according to a Reuters commentary published…