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...
Power
BHEL Secures Rs 3,500 Crore Order from Adani Power for Raipur Thermal Power Plant
Bharat Heavy Electricals Ltd (BHEL) has secured a Rs 3,500 crore order from Adani Power to set up a 1,600 MW thermal power plant...
Power
Sterlite Power raises Rs 1373 crore from PFC for Neemrana II Kotputli project
Sterlite Power, a leading power transmission company, has achieved financial closure for its Neemrana II Kotputli Transmission (NKTL) project. The project has secured funds...
Power
National Grid to invest $75 bn across UK and US over five years
National Grid announced plans to invest $75 billion across the UK and US over the next five years, with nearly half of the funding...
Power
Husqvarna achieves 50% cut in CO2 emissions despite growing business
Husqvarna Group, a leader in outdoor power products, has halved its absolute CO2 emissions compared to the 2015 baseline year.
For Husqvarna Group, carbon is...
Power
U.S. Electric Utilities Brace for Surge in Power Demand from Data Centers
Electric utilities across the United States are preparing for a significant increase in electricity demand driven by data centers powering advanced technologies like generative...
Power
NTPC Sets Ambitious Targets for Clean Energy Expansion
NTPC Ltd., India’s leading integrated power utility, has unveiled plans to bolster its installed capacity by 5GW, signaling a firm commitment to delivering clean,...