Power

GE Vernova to acquire Alteia SAS to enhance AI-powered visual intelligence for utilities

GE Vernova has announced an agreement to acquire Alteia SAS, a France-based software company specializing in artificial intelligence (AI), computer vision, and machine learning. The acquisition is part of...

India hikes NTPC’s investment ceiling to ₹20,000 crore

India government has significantly increased NTPC Ltd’s investment ceiling from ₹7,500 crore to ₹20,000 crore, allowing India’s largest power generator to accelerate its renewable...

Gas turbine market faces 15-year hurdles amid rising power demand

Despite the increasing demand for power, the gas turbine market is set to face obstacles over the next 15 years due to manufacturing constraints,...

GE Vernova to acquire Alteia SAS to enhance AI-powered visual intelligence for utilities

GE Vernova has announced an agreement to acquire Alteia SAS, a France-based software company specializing in artificial intelligence (AI), computer vision, and machine learning....

India hikes NTPC’s investment ceiling to ₹20,000 crore

India government has significantly increased NTPC Ltd’s investment ceiling from ₹7,500 crore to ₹20,000 crore, allowing India’s largest power generator to accelerate its renewable...

Gas turbine market faces 15-year hurdles amid rising power demand

Despite the increasing demand for power, the gas turbine market is set to face obstacles over the next 15 years due to manufacturing constraints,...

GE Vernova’s $16 mn investment in India: A strategic boost for grid technologies

GE Vernova said it will be enhancing its manufacturing and engineering capabilities in India with an investment of $16 million. Targeting advanced grid technologies...

Transmission infrastructure upgrades push electrical power pole market

According to a new report published by Allied Market Research, the electrical power pole market size was valued at $12.9 billion in 2024, and...

Renewable energy news: EnBW, Ocean Winds, ScottishPower

Today’s renewable energy news includes announcements on EnBW, Ocean Winds, ScottishPower Renewables, among others. EnBW Installs First Turbine at Germany’s Largest Offshore Wind Farm, He...

Renewable energy news: EnergyHub, Ameren Illinois, Recurrent Energy, Grenergy

Today’s renewable energy news includes announcements on EnergyHub, Ameren Illinois, Recurrent Energy, Grenergy, among others. EnergyHub and Ameren Illinois Launch EV Charging Program to Ease...

Transformers market to reach $89.34 bn, driven by electricity demand

The global transformers market is projected to reach $89.34 billion by 2030, driven by increasing electricity demand, renewable energy integration, and grid modernization. The Asia-Pacific...

Renewable energy news: SOCAR, PowerChina, Greenvolt, Zelestra, SolarBank

Today’s renewable energy news includes announcements on SOCAR, PowerChina, Greenvolt, Zelestra, SolarBank, among others. Azerbaijan Partners with China to Build 2GW Offshore Wind Farm Azerbaijan has...

Renewable energy news: Catalyze, Tigo Energy, SolarEdge

Today’s renewable energy news includes announcements on Catalyze, Tigo Energy, SolarEdge, among others. Catalyze Acquires 48MW Community Solar Portfolio in New York Catalyze has acquired 48...