Tag:

power

US power grid faces unprecedented demand surge, challenges utility companies

For the first time in decades, the US power industry is set to experience significant electricity demand growth, driven by the rise of data...

India’s power demand to grow by 8% in 2024: Fitch Ratings

Fitch Ratings has projected an 8 percent rise in India’s power demand for 2024, slightly up from 7.6 percent growth in 2023. This comes on...

Power consumption to grow by 4% in 2024: IEA

Global electricity demand is set to grow at its fastest pace in nearly 20 years, driven by a surge in air conditioning use due...

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...

Prime Minister Narendra Modi Inaugurates Major Power Projects in Sambalpur, Odisha

In a significant development for the energy sector, Prime Minister Narendra Modi is set to dedicate the NTPC Darlipali Super Thermal Power Station (2x800...

Energies PH Partners with Inyanga Marine Energy for Tidal Power Project in Philippines

Energies PH, Inc, in collaboration with its affiliate San Bernardino Ocean Power Corporation, has inked a deal with Inyanga Marine Energy Group to construct...

Radial Power Secures $80 mn Tax Equity Financing from Bank of America for Clean Energy Projects

Radial Power has secured an $80 million tax equity financing deal with Bank of America. This substantial investment is aimed at bolstering the company’s...

NTPC Group Sets Record with Fastest-Ever 300 Billion Units Generation in FY 2023-24

On December 18th, 2023, the NTPC Group achieved a historic milestone by generating a staggering 300 Billion Units (BU) in the ongoing fiscal year...