Power

Adani’s Carmichael coal via Godda will hike power tariff in Bangladesh: IEEFA

The Adani Godda coal-fired power plant, due to start generation on 16 December and fuelled by coal shipped from Adani’s Carmichael mine in Australia,...

Baltimore Gas & Electric selects Itron to connect and manage streetlights

Itron announced its contract with Baltimore Gas & Electric (BGE), Maryland’s largest gas and electric utility, to connect and manage 260,000 Itron smart streetlights. BGE will...

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...