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HYPERSCALERS RENEWABLE ENERGY MARKET
Thermax scouts for a partner to charge up its green energy unitThermax has set its sights on attracting external investors to its renewable energy subsidiary, First Energy. By contemplating a major stak...
Google, Amazon, Meta, Apple fuel India's renewable energy boom as data centre demand surgesMajor technology companies like Google, Amazon, Meta, and Apple are increasingly purchasing renewable energy in India. Their expanding data...
India, Singapore eye 2,000 MW power corridorIndia and Singapore are considering plans for a 2,000 MW cross-border power interconnection that could enhance energy security. The propose...
Data centers' 'flexible' power usage could save the grid billions. Can they scale?In light of rising electricity demands from data centers, technology firms and utility providers are exploring innovative strategies to inc...
Global Market: European stocks slide as oil surge revives inflation concernsEuropean shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation coul...
US bond selloff resumes as 10- and 30-year yields hit fresh 24-year highsUS Treasuries are facing significant selling pressure as yields hit new highs, fueled by ongoing inflation concerns. Higher oil prices have...
Sumitomo buys 49% in Hero Future Energies unit for Rs 375 croreJapan's Sumitomo Corporation has made a strategic investment by acquiring a 49% interest in a Hero Future Energies subsidiary for ₹375 cror...
As AI threatens to overload the power grid and America faces an electricity crunch, here’s what tech giants are betting on to keep the power flowingU.S. electricity consumption grew by less than 0.5% annually. Now, AI data centers, factories, robotics and wider electrification are pushi...
Sterlite Tech shares jump 4% as Nomura initiates coverage forecasting nearly 50% upside in 2026 multibagger. Here’s whyNomura initiated coverage on Sterlite Technologies with a Buy rating and Rs 1,350 target, implying 48.5% upside. The brokerage expects stro...
India’s wind industry must move beyond turbines to integrated power solutions: GWECIndia's wind energy companies are encouraged to offer integrated solutions that include wind, solar, and battery storage. This shift is cru...
Sumitomo Corp picks up 49% stake in Hero group unitSumitomo Corporation has acquired a 49% stake in a Hero Future Energies project vehicle that will develop a 500 MW wind-solar-battery proje...
US stocks enter seasonally strong Q4 with bond yields, AI spending in focusUS stocks enter Q4 with strong seasonal support, but rising Treasury yields, elevated valuations and heavy AI spending create risks. The S&...
L&T wins ₹10,000-15,000 crore power transmission orders in India, Middle EastLarsen & Toubro’s Power Transmission & Distribution business has won multiple EPC orders worth ₹10,000-15,000 crore across India, Saudi Ara...
Wall Street Week Ahead: Spiking bond yields, midterms, earnings to test US stocks' typical fourth-quarter strengthAs the fourth quarter commences, US stocks traditionally experience a positive trajectory. Nonetheless, investors face hurdles such as clim...
Inox Clean Energy IPO papers kept in abeyance by SebiThe Securities and Exchange Board of India has temporarily suspended the draft offer documents for Inox Clean Energy's upcoming initial pub...
GEC-III scheme to unlock next growth phase for India renewables sectorThe Union Cabinet approved the GEC-III scheme, earmarking Rs 1.86 lakh crore for developing transmission systems and battery storage. This ...
Actis launches fourth India renewable platform Leo Energies, targets 3 GW-plus portfolioActis has launched Leo Energies as its fourth renewable energy platform, targeting over 3 GW of capacity. The company plans to acquire abou...
Oracle share price: ORCL stock jumps at NYSE, what is making it one of top turnover stocks in Software & IT Services sectorOracle stock: Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico...
Keralam targets 100 percentage renewable energy by 2040Keralam aims to meet its entire electricity demand through renewable energy by 2040. KSEB (Kerala State Electricity Board) and the World Re...
North Star Renewable Energy appoints Shivanand Nimbargi as Managing Director and CEONorth Star Renewable Energy, a joint venture between British International Investment and Copenhagen Infrastructure Partners, has appointed...