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India Coal Giant Will Invest $3 Billion for Renewables, and Build 1.6-GW Coal-Fired Plant

May 11, 2025

State-owned Coal India Limited (CIL) has announced plans to invest about $ 3 billion to build as much as 4.5 GW of renewable energy generation capacity. The memorandum of understanding, signed May 7 with major ammonia producer AM Green, is expected to significantly increase India’s green hydrogen and ammonia production capabilities.

The post India Coal Giant Will Invest $ 3 Billion for Renewables, and Build 1.6-GW Coal-Fired Plant appeared first on POWER Magazine.

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New AI Partnership to Invest in Data Centers and Supporting Power Infrastructure

September 20, 2024

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$ 100 billion investment potential will enhance American competitiveness in artificial intelligence (AI) while meeting the growing need for energy infrastructure to power economic growth The drive to develop more powerful […]

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Canadian Groups Invest Millions to Support Commercial Fusion Energy

August 18, 2024

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A leading nuclear science and technology group in Canada, along with the investment arm of one of the country’s top banks, said they together would invest about CA$ 20 million ($ 14.6 […]

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Why UK Businesses Should Invest in New Machinery and Plant Equipment Now

August 7, 2021

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The post Why UK Businesses Should Invest in New Machinery and Plant Equipment Now appeared first on POWER Magazine.

After more than 12 months of unprecedented working conditions and extremely tough challenges for power companies, the most sensible route for businesses in the coming year seems, on the face of it, to be to consolidate and let things settle whilst the economy stabilises. However, economic predictions for the next year tell us that savvy companies will be picking up the pace sooner rather than later. Leading experts and economists are all saying the same thing; we will continue on the current trajectory until the final quarter of 2021 and the first quarter of 2022, when we will not only see things back to the point that they were pre-COVID, but we can expect continuing growth from thereon out.

Some consumers have really struggled during this pandemic, but others have demonstrably saved money and are looking for ways to spend it.…

Is It Safe to Invest in Mexican Energy Projects?

March 19, 2021

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The post Is It Safe to Invest in Mexican Energy Projects? appeared first on POWER Magazine.

In late 2013, Mexico embarked on a path to transform its energy markets. Then-President Enrique Peña-Nieto oversaw constitutional reforms that ended state-run monopolies, and opened Mexico’s power market to competition and investment from foreign and private companies.

By most accounts, the policies were highly effective in spurring investments in renewable energy and efficient natural gas-fired power projects. A great deal of money has been funneled into Mexico by investors from as many as 45 countries since the law was enacted.

“The result of that was dramatically successful. I mean, you have millions and millions of dollars that were sunk into the power sector bringing in modern equipment, environmentally friendly, because there were a lot of renewable projects that went online. You see how the percentage of renewables changed in the last 10 years—you can see that it has been successful,” Roberto Aguirre Luzi, a partner with King & Spalding, said as a guest on The POWER Podcast.…