TAG: "electricity demand"

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GE Vernova to Invest Nearly USD 600 Million in its US Factories and Facilities

The new investments expected to create more than 1,500 new US jobs – will help drive US energy affordability, national security, and competitiveness, and enable the American manufacturing footprint needed to support expanding global exports.

Electricity Demand | February 01, 2025 | By News Bureau | 891

Enfinity Global Expands BESS Portfolio with Two New 425 MW Projects in Texas

Enfinity Global Inc. announced the expansion of its battery energy storage systems (BESS) portfolio with two new projects in Texas, with a total power capacity of 425 MW. The projects are expected to start construction in the second and fourth quarters of 2025.

Electricity Demand | January 31, 2025 | By News Bureau | 345

Arctech Signs 1.5GW Solar Project Order in UAE

Arctech announced that it signed a 1.5GW order of its 1P single-axis solar tracking system SkyLine II with PowerChina for a solar project in Al Ajban, UAE, marking a great start for the company in the Middle East market in 2025.

Electricity Demand | January 04, 2025 | By News Bureau | 435

Fidra Energy and Sungrow Sign Strategic 4.4GWh Energy Storage Partnership Agreement

Fidra Energy and Sungrow announced the signing of a strategic 4.4GWh energy storage partnership agreement to support Fidra’s plans to establish a 10GW battery energy storage system (BESS) platform across the UK and other European markets by 2030.

Electricity Demand | November 20, 2024 | By News Bureau | 1065

From Ambition to Action: Uttar Pradesh’s Solar Energy Transformation

Uttar Pradesh has set an ambitious target to generate 22,000 MW of electricity from solar energy by 2026-27. This would mean adding over 14 MW of solar capacity everyday. To achieve this, the state has introduced various policy measures aimed at accelerating solar energy development.

Electricity Demand | August 29, 2024 | By News Bureau | 2000

RMI's Report Highlights Pathway to Flexibility and Sustainability for Delhi’s Power Grid

The report offers a strategic blueprint for Delhi to meet its growing electricity demands through the integration of clean energy resources, while ensuring a reliable and affordable power supply for all consumers.

Electricity Demand | August 17, 2024 | By News Bureau | 1181

Q1 FY'25: IEX Revenue Surges 21.3 percent to INR 154.5 Crore

In Q1 FY'25, IEX reported a 21.1 percent increase in trading volume to 30.4 BUs. Revenue grew by 21.3 percent to INR 154.5 crore, and PAT surged 27.2 percent to INR 96.4 crore. Peak power demand reached a new high of 250 GW.

Electricity Demand | July 26, 2024 | By EI News Network | 983

Electricity Demand Set to Surge in 2024-2025, IEA Reports

The International Energy Agency (IEA) recently released the Electricity Mid-Year Update report, exploring electricity demand trends and their implications for 2025, with a special focus on Europe and the global data centre sector.

Electricity Demand | July 23, 2024 | By News Bureau | 1422

IEA Reports Surge in Global Electricity Demand; Solar to Cover Half of Growth in 2024 and 2025

The IEA forecasts a 4 percent increase in global electricity demand in 2024, driven by economic growth and heatwaves. Renewable energy is expected to expand rapidly, while AI-driven data center demand highlights the need for improved data collection and energy efficiency.

Electricity Demand | July 19, 2024 | By EI News Network | 1555