US power grid faces unprecedented demand surge, challenges utility companies

For the first time in decades, the US power industry is set to experience significant electricity demand growth, driven by the rise of data centers, a resurgence in manufacturing, and greater...

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US power grid faces unprecedented demand surge, challenges utility companies

For the first time in decades, the US power industry is set to experience significant electricity demand growth, driven by the rise of data...

U.S. oil mergers slow down in Q3 2024 after record consolidation wave

U.S. oil mergers sharply decelerated in the third quarter of 2024, following a year-long wave of consolidation that left fewer companies available for acquisition...

DSV buys Volvo electric trucks, leading the charge for sustainable logistics

Volvo Trucks has handed over two electric trucks to DSV Air & Sea during a ceremony at DSV Singapore. The purchase of these vehicles,...

LG Energy wins battery quality award in China, beating local suppliers

LG Energy Solution has been recognized for having the highest battery quality standards in the Chinese market, securing the Battery Quality Award at the...

Solar sector funding falls 23% as uncertainties weigh on investor confidence

Corporate funding in the solar sector has dropped 23 percent to $22.3 billion in the first nine months of 2024 from $28.9 billion during the same period in 2023. Total...

Runergy demands USPTO to cancel two patents by Trina Solar

Runergy has initiated actions at the U.S. Patent and Trademark Office (USPTO) to cancel two patents by Trina Solar (US9,722,104 and US10,230,009) as unpatentable. Runergy’s challenges come at the heels of Trina Solar’s claim...

KF Wind wins contract from KEPCO for 1,125 MW wind power project

KF Wind, a floating offshore wind project off the coast of Ulsan, South Korea, has secured a transmission service agreement (TSA) with Korea Electric Power Corporation (KEPCO). This agreement enables the...

IEA warns of wind turbine supply chain bottlenecks by 2030

The International Energy Agency (IEA) has raised concerns over the need for greater investment in the wind turbine manufacturing sector to prevent supply chain...

Equinor buys 9.8% stake in Orsted, betting on offshore wind sector recovery

Norwegian energy giant Equinor has purchased a 9.8 percent stake in Danish offshore wind developer Orsted, valued at approximately $2.5 billion. This strategic investment comes...

US power grid faces unprecedented demand surge, challenges utility companies

For the first time in decades, the US power industry is set to experience significant electricity demand growth, driven by the rise of data...

India’s power demand to grow by 8% in 2024: Fitch Ratings

Fitch Ratings has projected an 8 percent rise in India’s power demand for 2024, slightly up from 7.6 percent growth in 2023. This comes on...

Hurricane Milton causes devastation across Florida, loss reaches $50 bn

Hurricane Milton, a Category 3 storm, wreaked havoc across Florida on Thursday, killing at least 10 people and leaving millions without power. According to a...

Unilever partners with retail giants to cut emissions and boost sustainability

Unilever, the consumer goods giant with revenues of nearly €60 billion, will partner with its top 10 retail customers to reduce greenhouse gas emissions...

IEA energy outlook indicates significant acceleration of clean power sources

International Energy Agency (IEA) – in energy outlook 2024 – has outlined a significant acceleration of clean power sources by 2030, with global growth...

Industrial heat pumps drive decarbonisation in industrial sectors

The rising need to reduce fossil fuel reliance in industrial applications is leading to increased investment in decarbonised technologies, such as heat pumps, Frost...

Berg Insight Forecasts Doubling of Water Utility AMI Endpoints in Europe and North America

Berg Insight, an IoT analyst firm, indicates a significant surge in the installed base of water utility AMI endpoints across Europe and North America. The...

Water and wastewater treatment firm Gradiant raised $225 mn

Gradiant, a global solutions provider of water and wastewater treatment, has raised $225 million in its first close of Series D financing. The round was...