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Eco Wave Power to launch Israel’s first wave energy project

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Eco Wave Power Global, a leader in onshore wave energy technology, is set to inaugurate Israel’s first wave energy project in collaboration with EDF Renewables Israel.  The pilot station, located at Warehouse 2 in Jaffa Port, is scheduled for launch on 5 December 2024, marking a significant advancement in wave energy as a sustainable electricity generation source. Israel’s President Isaac Herzog highlighted the importance of transitioning from polluting energy production to renewable energy sources, emphasizing…

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Longroad Energy closes financing for 111MW Sun Pond solar project

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US-based renewable energy developer Longroad Energy has reached the financial close for the Sun Pond project, a 111MWdc solar and 85MWac/340MWh storage initiative located in Maricopa County, Arizona.  The project, part of the Longroad Sun Streams complex, has begun construction, with commercial operations expected by mid-2026. The Sun Pond project will generate electricity for the city of San Jose, California, and Ava Community Energy under long-term power purchase agreements. The project is expected to power…

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Centrica and EDF extend operational life of UK nuclear power stations

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Centrica, in partnership with EDF, has announced the extension of the operational lives of its four advanced gas-cooled reactor nuclear power stations.  Heysham 1 and Hartlepool will now operate until March 2027, while Heysham 2 and Torness will continue until March 2030.  These extensions will add 9TWh to Centrica’s electricity generation capacity between 2026 and 2030, supporting the UK’s baseload power generation. The decision follows a comprehensive review to ensure that the extended lifetimes do…

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Westinghouse’s eVinci microreactor receives NRC approval for control system

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Westinghouse Electric Company has achieved a significant milestone with the approval of the eVinci microreactor’s Advanced Logic System (ALS) Version 2 instrumentation and control (I&C) platform by the US Nuclear Regulatory Commission (NRC). This marks the eVinci microreactor as the first of its kind to receive NRC approval for its I&C system, paving the way for autonomous operation. The ALS v2 platform is a logic-based system that manages safety-critical operations using hardware, reducing reliance on…

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Hitachi Energy invests $47m to expand high-voltage factory in Brno

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Hitachi Energy is investing over CZK1.1bn ($47m) to expand its High Voltage Products factory in Brno, Czech Republic.  This expansion, expected to be completed by the end of 2025, aims to increase the factory’s production capacity by over 40% and create up to 200 new jobs. The Brno facility, operational since 2007, manufactures critical components for gas-insulated switchgear, which are essential for electricity transmission and distribution. These products play a key role in integrating renewable…

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Shell reduces offshore wind investments, restructures power division

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Shell is scaling back its offshore wind investments and restructuring its power division following a comprehensive review.  This shift aligns with CEO Wael Sawan’s strategy to focus on high-return activities, particularly in oil, gas, and biofuels, while reducing costs in low-carbon and renewable sectors. A Shell spokesperson confirmed that the company will not lead new offshore wind developments but remains interested in offtakes with acceptable commercial terms and may consider equity positions in compelling investment…

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India plans to double nuclear power capacity to 14 GW by 2029

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India’s Department of Atomic Energy (DAE) aims to nearly double the country’s nuclear power capacity by 2029. DAE secretary and Atomic Energy Commission chairman, AK Mohanty, shared this plan during a press conference at Devi Ahilya Vishwavidyalaya.  Currently, India’s nuclear power capacity is around 8.2 gigawatts (GW), and in the next five years, the country targets expanding this to nearly 14 GW. By 2031-32, the goal is to reach 20 to 22 GW, with a…

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Schneider Electric unveils Galaxy VXL UPS

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Schneider Electric has launched the Galaxy VXL uninterruptible power supply (UPS), claiming it to be the industry’s most compact, high-density UPS designed for AI, data centers, and large-scale electrical workloads.  The Galaxy VXL offers 52% space savings compared to the industry average, delivering up to 1.25 MW of modular power with a power density of 1042 kW/m² in a smaller footprint. Additionally, Schneider Electric introduced a new data center reference design co-developed with NVIDIA. This…

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Mufin Green Finance to fund Rs 5 billion solar projects by 2026

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Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector.  The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company. Over the next two years, Mufin Green Finance aims to back 200,000 solar installations, contributing to India’s renewable energy…

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Greenzo Energy partners with EODev to bring hydrogen generators to India

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Greenzo Energy India (GEIL) will collaborate with France’s EODev to introduce hydrogen fuel cell power generators in India.  Under the 20-year partnership, GEIL will distribute EODev’s zero-emission generators, provide maintenance services, and locally assemble EODev products.  GEIL will also serve as an original equipment manufacturer (OEM) and strategic partner for EODev. The alliance will bring Toyota’s hydrogen fuel cell technology to South Asia. These generators convert hydrogen into electricity and water, offering a zero-emissions alternative…