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European Commission and Moldova agree on strategy for energy resilience

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The European Commission (EC) and the Republic of Moldova have agreed on a two-year strategy aimed at strengthening Moldova’s energy independence and resilience. The strategy includes a €250m ($258.7m) financial support package for 2025, implemented in three phases to address both immediate and long-term challenges. The initiative’s primary goal is to reduce Moldova’s reliance on Russian energy supplies and integrate it fully into the European Union (EU) energy market. The first phase began with a…

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Enel North America signs PPA with Meta for Rockhaven wind farm

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Enel North America, a unit of Italian energy company Enel, has signed a power purchase agreement (PPA) with Meta for a 115MW portion of the Rockhaven wind farm in Oklahoma.  This marks the third collaboration between the two companies. The Rockhaven wind farm, located in Murray and Carter counties, has a total capacity of 140MW. Stephen Pike, head of Enel Green Power North America, emphasized the growing demand for clean energy due to electrification, data…

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Westinghouse proposes SMRs in Italy’s decommissioned nuclear sites

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US-based energy company Westinghouse has proposed installing small modular reactors (SMRs) at four decommissioned nuclear sites in Italy, with construction expected to begin by 2030, according to Reuters. The four sites—Caorso, Trino, Latina, and Garigliano—would be repurposed for the deployment of SMRs, in alignment with Italy’s strategic energy shift under Prime Minister Giorgia Meloni’s government, which is considering reviving the nuclear sector. Despite previous referendums in 1987 and 2011 prohibiting nuclear power plants, Italy aims…

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Guyana approves budget for gas-to-energy projects

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Guyana’s Office of The President has confirmed the approval of a $141.45 billion budget, which includes a $51.2 billion investment to enhance gas-to-energy projects.  The government has allocated $36.2 billion for the development of a natural gas power plant and a natural gas liquid plant. Prime Minister Mark Phillips reviewed the budget for the Office of the Prime Minister (OPM) and affiliated agencies, and the Committee of Supply approved a total of $141.5 billion for…

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Mitsubishi reviews offshore wind projects in Japan

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Mitsubishi Corporation is reassessing its business plans for offshore wind power generation projects in Japan due to changes in the macroeconomic environment caused by the COVID-19 pandemic and the Ukraine crisis. These challenges include inflation, a weaker yen, strained supply chains, and rising interest rates. Through a consortium led by its subsidiary Mitsubishi Corporation Offshore Wind, the company has been developing three offshore wind projects in Japan since being selected as the operator in the…

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Hazoor Multi Projects to invest in solar project in Andhra Pradesh

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Hazoor Multi Projects (HMPL) plans to invest Rs 25 billion in a 500 MW solar power project in Prakasam district, Andhra Pradesh.  The project will be developed on 2,000 acres, with support from the Andhra Pradesh government through the New & Renewable Energy Development Corporation (NREDCAP), which has requested a detailed project report (DPR) from the company for execution.

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RMC Switchgears and Ultracab secure orders for power distribution

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RMC Switchgears has received a Rs 1.08 billion work order to develop distribution infrastructure in select districts of Gujarat. The project involves installing 11 kV underground cables and ring main unit (RMU) systems to strengthen the region’s power distribution network. In a separate development, Ultracab (India), a manufacturer of electric wires and cables, has secured an order worth Rs 510.6 million from Maharashtra State Electricity Distribution Company (MSEDCL) for the supply of low-tension cross-linked polyethylene…

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Power Ministry plans 83.5 GW thermal power projects by 2032

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The Ministry of Power is planning and implementing over 83.50 GW of thermal power projects worth approximately Rs 6.96 trillion to ensure India meets its base load electricity requirements by 2032.  According to generation planning studies by the Central Electricity Authority (CEA), India will need 283 GW of installed coal and lignite-based capacity by FY32 under a stressed scenario. To achieve this, the government aims to add 80 GW of coal-based power capacity by FY32….

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Tata Power eyes small modular reactors

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Tata Power is exploring small modular nuclear reactors (SMRs) following the government’s decision to allow private investment in the sector. CEO Praveer Sinha said the company is awaiting clarity on liability, technology, foreign partnerships, and fuel sourcing. SMR projects require stringent approvals, taking about 24 months, with construction lasting four to five years. India aims to expand its nuclear capacity from 8 GW to 20 GW by 2032. Tata Power reported a 10 per cent…