TAG: "electricity demand"

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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 | 352

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 | 982

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 | 1800

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 | 1079

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 | 895

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 | 1300

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 | 1431

IEX Sees Record Growth in Q1 FY25 with 19 Percent Surge in Electricity Volume

In June 2024, IEX achieved an electricity volume of 10,185 million units (MU), marking a 24.7 percent year-on-year (YoY) increase.

Electricity Demand | July 04, 2024 | By Abha Rustagi | 881

GSK in Collaboration with Sembcorp to Reach 100 percent Renewable Electricity

Manufacturing operations in Singapore will move from 3 percent to 100 percent renewable electricity, generated directly on-site and procured through renewable energy certificates from solar projects an important step towards GSK’s global target of 100 percent.

Electricity Demand | June 29, 2024 | By News Bureau | 1449