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...

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...

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...

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),...

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...

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...

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...

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...

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...

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....