The renewable energy sector in India and Sri Lanka stands poised for a transformative leap, driven by a landmark investment. A consortium led by global alternative asset manager TPG has acquired a 90% stake in Siemens Gamesa's onshore wind turbine manufacturing business in these countries,
Environmental, Social, and Governance (ESG) initiatives have come to play a pivotal role in the corporate and financial sectors, steering them towards sustainable and equitable growth. Major corporations, financial markets, and governmental entities alike have increasingly integrated ESG principles
In an evolving energy landscape, strategic partnerships and acquisitions signal the direction of progress in the renewable energy sector. Ardian, an eminent global private equity firm based in Paris, has secured an agreement to acquire Akuo, a prominent independent renewable energy producer.
The exponential growth of artificial intelligence (AI) and advanced technologies is reshaping global energy demand in an unprecedented manner. Initially, energy experts believed that population growth and industrialization would be the primary drivers behind the increasing need for energy. However,
In the ever-evolving landscape of the European Union, the quest to balance competitiveness with sustainability has become a pivotal concern for urban centers. The challenge lies in fostering environments that not only bolster economic growth but also adhere strictly to sustainable development
The year 2024 has seen an unprecedented surge in global energy demand, almost doubling the recent average. This increase is driven by significant growth in electricity consumption worldwide. This article delves into the factors contributing to this surge and explores whether it signals a lasting
