LS Power buys Central Rivers Power
Hull Street Energy, an investment firm specializing in energy transition and electrification, has agreed to sell Central Rivers Power, a 334 MW portfolio of...
Forecast on revenue from microgrid investments
Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in Middle East & Africa is expected to reach $8.9 billion by 2031, a report from Guidehouse Insights...
US offers $13 bn in funding to modernize power grids
The Department of Energy (DOE) is soliciting grant applications for $13 billion in new financing under the bipartisan infrastructure bill for the expansion and...
World Bank offers $497 mn to repurpose Eskom’s power plant using renewables
World Bank has offered $497 million in financing for decommission and repurpose one of state-owned power utility Eskom’s coal-fired power plants in South African...
Adani wins contract to install 1.80 mn smart meters for BEST power consumers
The Adani Group has won a Rs 1,250 crore contract to install 1.80 million Smart Meters for electricity consumers of the Bombay Electric Supply...
Schneider Electric to invest $46 mn in manufacturing plants
Schneider Electric announced it will invest about $46 million in its Lexington, KY and Lincoln, NE manufacturing plants.
Schneider Electric said the investment is aimed...
Alcoa inks PPA with Endesa to restart San Ciprian aluminum smelter in Spain
Alcoa Corporation announced a power purchase agreement with Endesa to support the restart of the San Ciprian aluminum smelter in Spain.
Endesa, a subsidiary of...
NTPC achieves 15% growth in power generation in first half
India’s NTPC Group recorded a generation of 203.5 BU from April to September 2022, registering an increase of 15.1 percent from 176.8 BU generated...
GE hires Mavi Zingoni to head power business
General Electric (GE) has hired Mavi Zingoni to head the company’s power unit, which comprises its gas, steam and nuclear power businesses, Reuters news...
NTPC buys Jhabua Power
NTPC, India’s largest power producer owned by the government, has acquired Jhabua Power (JPL) through Corporate Insolvency Resolution Process initiated by National Company Law...
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