Power
ASEAN Can Save $2.3 bn by 2040 Through Smart Grid Investments, Says Ember Report
ASEAN countries could avoid $2.3 billion in economic losses by 2040 by modernizing their electricity networks to keep pace with surging power demand and renewable energy growth, according to...
Power
Global Smart Grid Boom to Drive Power Transmission Investment to $573.7 Billion by 2030: GlobalData
The worldwide push for smarter, more resilient power networks is set to propel power transmission investment to $573.7 billion by 2030, up from $372.6...
Power
India’s Power Transmission Network Faces Slow Expansion Amid Renewable Energy Growth, Says IEEFA-JMK Report
India’s power-transmission network, one of the largest in the world and now synchronised, is expanding gradually compared to the rapid growth of renewable energy,...
Power
ASEAN Can Save $2.3 bn by 2040 Through Smart Grid Investments, Says Ember Report
ASEAN countries could avoid $2.3 billion in economic losses by 2040 by modernizing their electricity networks to keep pace with surging power demand and...
Power
Global Smart Grid Boom to Drive Power Transmission Investment to $573.7 Billion by 2030: GlobalData
The worldwide push for smarter, more resilient power networks is set to propel power transmission investment to $573.7 billion by 2030, up from $372.6...
Power
India’s Power Transmission Network Faces Slow Expansion Amid Renewable Energy Growth, Says IEEFA-JMK Report
India’s power-transmission network, one of the largest in the world and now synchronised, is expanding gradually compared to the rapid growth of renewable energy,...
Power
RWE and Apollo Form €3.2 bn Joint Venture to Finance Amprion Power Grid Expansion
Germany’s energy transition receives a major boost as RWE and Apollo Global Management partner to finance critical grid upgrades through a €3.2 billion joint...
Power
Siemens Energy Invests €220 Million in Nuremberg Transformer Factory Expansion, Creating 350 Jobs
Siemens Energy has announced a significant investment of €220 million to expand its transformer factory in Nuremberg, strengthening Germany’s role in the global energy...
Power
Hitachi to Invest $1 bn in U.S. Power Grid Manufacturing to Support AI Data Center Boom
Hitachi Energy, a subsidiary of Japan’s Hitachi, will invest $1 billion to expand U.S. power grid infrastructure manufacturing. The move comes as the United...
Power
China’s Electricity Consumption Outpaces GDP Growth Amid Push for Clean Energy and Electrification
China’s electricity consumption is growing faster than its gross domestic product (GDP), fueled by the expansion of energy-intensive industries and the accelerating electrification of...
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....
Power
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...
Power
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,...