The Government of Telangana has inaugurated Unit 2 of the Damaracherla (Yadadri) Power Project.
The project, being implemented by Telangana State Power Generation Corporation Limited (TSGENCO), is located at Damaracherla (Yadadri) mandal in Nalgonda district. With an investment of Rs 299.65 billion, the project will feature five units, each with a capacity of 800 MW.
The New South Wales (NSW) government has approved the Goulburn River solar farm, a 450 MW renewable energy project designed to supply electricity to 191,000 homes annually. Located near Merriwa in the Upper Hunter region, the A$880 million ($591 million) development includes a battery energy storage system (BESS) to improve grid stability by storing and releasing solar energy during peak demand. Strategically positioned between two key Renewable Energy Zones, the solar farm will have direct…
Energy technology company SLB has deepened its partnership with NVIDIA to develop generative AI solutions tailored to the energy industry. The collaboration will integrate industry-specific generative AI models into SLB’s platforms, such as the Delfi digital platform and the Lumi data and AI platform, to enhance data management and technical processes in energy production and exploration. The partnership will utilize NVIDIA’s NeMo from the AI Enterprise suite to create custom generative AI solutions that operate…
Leading online travel platform EaseMyTrip.com is entering the electric vehicle (EV) market through its new subsidiary, Easy Green Mobility, focusing on electric bus manufacturing. This move comes as the Indian electric bus market is projected to grow at a 24% CAGR from 2024 to 2030. Easy Green Mobility will develop advanced electric buses equipped with cutting-edge technology and long-range battery systems. Another EaseMyTrip subsidiary, YoloBus, will handle the operational side of these buses. The company…
The UK’s Crown Estate has initiated the second phase of its offshore wind leasing round 5, focusing on the development of floating wind farms in the Celtic Sea. This phase, which began on 8 August 2024, invites bidders to submit detailed plans for the construction of wind farms and their potential socio-economic contributions to coastal communities in South Wales and southwest England. The advancement to this phase was made possible by comprehensive environmental assessments conducted…
Global professional services firm WSP has announced its acquisition of Power Engineers, a prominent US-based consultancy in the power and energy sector, for $1.78 billion. This strategic move aligns with WSP’s vision to expand its services and enhance its position in the energy transition market. Power Engineers, which employs 4,000 people, including 900 shareholders, has been a key player in serving North American power utilities. The acquisition has been unanimously approved by the boards of…
EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company. Equitix will retain a minority stake. The transaction is subject to regulatory approvals. Headquartered in Manchester, Calisen owns, installs, reads, and maintains smart meters, with an installed base of 16 million units. The company aims to expand its smart…