Power
Siemens Energy to hire 10,000 employees for expanding grid business
Siemens Energy plans to recruit more than 10,000 new employees for its electricity grid division, projected to become the company’s largest revenue source by...
Power
GE Vernova Secures Contract for New York Substations
GE Vernova has won a contract from National Grid’s upstate New York division to supply and construct two 115 kV synchronous condenser sites at...
Power
Georgia Power Expands Income-Qualified Discount Program to Aid More Customers
Georgia Power has expanded its “Income-Qualified Senior Discount” program, now renamed to cover a broader customer base with limited incomes and financial resources. Approved...
Power
Surge in U.S. power demand driven by data centers and EVs
The demand for power in the United States is projected to increase significantly by about 300 terawatt-hours (TWh) by the end 2030, driven largely...
Power
Forecast on smart electricity meter growth in Asia Pacific
The installed base of smart electricity meters in Asia-Pacific will grow at a compound annual growth rate (CAGR) of 6.4 percent from 818.6 million...
Power
Globeleq’s 2023 Sustainability Report Highlights Expansion and Sustainability Achievements
Globeleq, the leading power producer in Africa, has published its 2023 Sustainability Report, showcasing its operational success and sustainability efforts across seven African countries....
Power
Electricity Demand to Double by 2050, Driven by Renewable Energy and Digitalization: DNV Report
The world’s electricity demand is set to double by 2050 as reliance on fossil fuels diminishes, according to a recent report by DNV, an...
Power
Number of people without electricity grows: IEA
A report from International Energy Agency (IEA) said 685 million people did not have electricity in 2022, 10 million more than in 2021.
In 2022,...
Power
Smart grids to ensure savings of $290 bn by 2029: Juniper Research
Investment in smart grids will ensure financial savings of $290 billion by 2029 from energy and emission costs against $84 million in 2024; benefitting...
Power
GE Vernova-Seatrium consortium wins EURO 2 billion contract from TenneT
GE Vernova and Seatrium have received a third contract worth EURO 2 billion from TenneT for the construction of a 2 GW High Voltage...