News & Press Releases
News & Press Releases
Tech Innovations Can Push To Meet Rising Global Energy Needs
The energy industry happens to be under tremendous pressure to fulfil the growing demand when it comes to sustainable energy sources as well as energy in general. It is anticipated that global energy demands will surge by 37%Â by 2040....
News & Press Releases
Europe Corporate Renewable Power Purchase Deals Clock 7.8GW
In 2023, companies across Europe will have achieved a remarkable milestone by securing a total of 7.8GW of new corporate renewable power purchase agreements- PPAs. This surpasses the previous record of 7.6GW that was set in 2021, and it's...
News & Press Releases
Sulzer Reduces Energy Costs with Hydraulic Power Recovery Turbines
Increasing energy prices are a reality for every business, so it is important to identify processes that can help reduce operational costs and cut waste. Industries such as petrochemicals, refineries or fertilizer manufacturing have an opportunity to harness the...
News & Press Releases
Energy As A Service Market Making Worldwide Headways
On the basis of the report by DataHorizzon Research, the Energy as a Service Market was estimated to be US$71.3 billion in 2022. It is anticipated to experience a CAGR of 9.2% and reach US$169.9 billion by 2032.
The global...
News & Press Releases
Grid Connections – Hottest Commodity In Energy Transitions
If people happen to be asked what is holding the energy transition back, the answer to this involves grid connections. There are never enough connections that are available in the right place, and that too at the right time...
News & Press Releases
US Utility Execs Identify Grid Modernization As Top Concern
According to Itron's 2023 industry insight report, half of the utility executives have gone on to identify grid modernization as well as infrastructure upgrades as the primary obstacles when it comes to achieving the energy transition.
As per the latest...
News & Press Releases
AI Advancement In Power Grid Digital Twins – A Growth Story
The power industry remains a hub when it comes to patent innovation. The activity is driven by the rising demand for energy and the need for greater energy efficiency. Furthermore, the growing significance of technologies like artificial intelligence as well...
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