Power
Meta signs deal with Sage Geosystems for geothermal power to fuel data centers
Meta Platforms, the parent company of Facebook, has entered into an agreement to purchase geothermal power from Sage Geosystems, a move aimed at powering...
Power
BHEL secures ₹11,000 crore order from Adani Power for thermal power projects
Bharat Heavy Electricals (BHEL) has secured an order worth ₹11,000 crore from Adani Power and its subsidiary, Mahan Energen (MEL), to set up three...
Power
Forecast on smart electricity meters in Latin America
The installed base of smart electricity meters in Latin America will grow at a compound annual growth rate of 20.5 percent from 14.0 million...
Power
Power consumption to grow by 4% in 2024: IEA
Global electricity demand is set to grow at its fastest pace in nearly 20 years, driven by a surge in air conditioning use due...
Power
GE Vernova enters R&D contract with German TSOs for multi-terminal HVDC grid
GE Vernova’s Electrification business has announced a research and development contract with four German Transmission System Operators (TSOs): TenneT TSO, 50Hertz Transmission, Amprion, and...
Power
Su-Kam Power Systems sets revenue target of INR 6000 crore
Su-Kam Power Systems, a player in the power backup and solar solutions industry, has set a target to achieve INR 6000 crore in revenue...
Power
IREDA invests in 900 MW hydroelectric power project in Nepal
The Indian Renewable Energy Development Agency (IREDA) has announced a significant investment in a 900 MW hydroelectric power project in Nepal.
The investment, valued at...
Power
GE Vernova secures order from Sonelgaz to enhance Algeria’s grid infrastructure
GE Vernova has secured an order from Sonelgaz through their joint venture, GE Algeria Turbines (GEAT), aimed at enhancing Algeria’s grid infrastructure.
The order, booked...
Power
Tata Power plans Rs 20,000 crore investment in renewable energy push
Tata Power has unveiled plans to invest Rs 20,000 crore during the fiscal year 2024-25, with a significant portion earmarked for the company’s renewable...
Power
South Korea focuses on nuclear power to meet greenhouse gas emission target
South Korea is considering making investment in the nuclear and renewable energy to decarbonize its power generation.
South Korea, under its nationally determined contribution (NDC),...