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 billion in 2025, according to...

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,...

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...

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...

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,...

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...

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...

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...

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...

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...