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GE T&D India secures €150 million orders from global entities

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GE T&D India Ltd has announced securing two international orders totalling €150 million from its group entities. The first order, valued at €100 million, was placed by Grid Solutions SAS, France, and the second, worth €55 million, was awarded by Grid Solutions Middle East FZE, Dubai. Both orders involve the supply and supervision of high-voltage products, which will be part of larger projects executed by the respective group entities for their end customers. The projects…

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Westinghouse and Hyundai partner to explore nuclear power opportunities in Sweden and Finland

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Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new nuclear reactors at Ringhals in…

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Reliance among four bidders for Jamnagar ISTS project

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Reliance Industries Ltd is one of four bidders shortlisted for the interstate transmission system (ISTS) project in Gujarat, managed by Jamnagar Transmission Ltd. This marks a potential entry for Reliance into interstate power transmission development. Competing alongside seasoned players Adani Energy Solutions Ltd, Power Grid Corporation of India Ltd, and Sterlite Power, the project is seen as a key development in Gujarat’s power infrastructure. The Jamnagar transmission scheme, known as the “Network expansion scheme in…

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Construction begins on TenneT’s Ijmuiden Ver Beta offshore wind converter platform

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Construction has officially started in Singapore on the Ijmuiden Ver Beta offshore wind converter platform, a key component of the 2GW high-voltage direct current (HVDC) system for the Ijmuiden Ver Beta wind farm. This farm is a joint venture between Vattenfall and Copenhagen Infrastructure Partners (CIP). The platform is set to be installed in the Dutch North Sea by 2028. The steel-cutting ceremony took place at Seatrium’s Tuas Boulevard shipyard, with GE Vernova leading the…

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MIGA and ISA launch Solar Facility to boost global energy access

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The Multilateral Investment Guarantee Agency (MIGA) and the International Solar Alliance (ISA), supported by the Indian government, have launched the MIGA-ISA Solar Facility, a multi-donor trust fund to expand global access to renewable energy. This facility will combine ISA’s technical expertise with MIGA’s financial mobilization capabilities, offering concessional financing and reinsurance to improve the viability of solar energy projects and reduce the cost of MIGA guarantees. Focusing initially on Sub-Saharan Africa, with plans for global…

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Saipem and Newcleo explore nuclear power for offshore drilling sustainability

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Italian oil company Saipem and British nuclear firm Newcleo have partnered to explore how nuclear power can enhance the environmental sustainability of offshore drilling activities. The collaboration will focus on assessing how Newcleo’s small modular lead-cooled fast reactor (SM-LFR) technology could be used to power and heat Saipem’s offshore projects. As part of the agreement, the companies will conduct a feasibility study on developing floating nuclear prototypes, to connect these units to the electricity grid…

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Huawei builds microgrid power station for Saudi Arabia’s Red Sea Project

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Huawei has completed the construction of the world’s largest microgrid power station, capable of generating one billion kilowatt-hours (kWh) of electricity annually. This microgrid will supply power to Saudi Arabia’s ambitious Red Sea New City project, part of the kingdom’s Vision 2030 initiative. The $500 billion project aims to be the first city powered entirely by renewable energy. According to Huawei, the station provides 400MW of photovoltaic power and 1.3GWh of energy storage. Since September…

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GE Vernova secures 140 MW wind turbine order in Romania

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GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The agreement, finalized in Q2 2024, strengthens GE Vernova’s role in the European Union’s energy transition, where it has a long history of installing wind turbines. Initial turbine deliveries are planned for the first half of…

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Siemens acquires Trayer Engineering for grid modernization

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Siemens has announced the acquisition of Trayer Engineering, a US-based company specializing in medium voltage secondary distribution switchgear, as part of its strategy to expand its grid modernization portfolio. While the financial details remain undisclosed, the acquisition will enhance Siemens’ capabilities in addressing challenges posed by extreme weather, particularly in secondary power distribution. By integrating Trayer’s expertise in submersible switchgear, Siemens aims to bolster grid efficiency, particularly in flood-prone areas. Trayer’s padmount switchgear, essential for…

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GE Vernova unveils advanced containerized solution for energy storage

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GE Vernova Inc. has launched the RESTORE DC Block, an advanced containerized solution for Battery Enabled Energy Storage (BESS) with a capacity of 5 MWh and an operational duration of 2-8 hours. Designed for utility-scale renewable and energy storage projects, the solution enhances grid reliability by storing excess energy during high-generation periods and releasing it when demand peaks. The RESTORE DC Block is part of GE Vernova’s FLEXRESERVOIR system, which integrates battery storage, power electronics,…