Author: PPD Team Date: 06/11/2024
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Global Contract and Deal Updates – January 27, 2025
Author: PPD Team Date: 27/01/2025 NextEra partners with GE Vernova for natural gas-fired project NextEra Energy has partnered with electric services company GE Vernova to develop natural gas-fired power generation projects in the United States, as reported by Reuters. The collaboration aims to primarily supply electricity to AI data centres and other significant power consumers. This partnership comes amid rising demand from Big Tech’s data centres for natural gas-fired electricity, particularly as federal support for…
CFS plans world’s first commercial fusion power plant in Virginia
Author: PPD Team Date: 19/12/2024 Commonwealth Fusion Systems (CFS) has unveiled plans to build the world’s first grid-scale commercial fusion power plant, ARC, at the James River Industrial Park in Chesterfield County, Virginia. The site, owned by Dominion Energy Virginia, was chosen after a global search for the location of the first commercial fusion plant. CFS has entered into a non-financial collaboration with Dominion Energy Virginia, which includes development support, technical expertise, and leasing rights…
UK announces £410m fusion energy investment for Nottinghamshire project
Author: PPD Team Date: 17/01/2025 The UK government has unveiled a £410 million ($501.1 million) investment to advance fusion energy development. The funding will support the construction of a fusion power plant at the site of a former coal facility in Nottinghamshire, as part of the government’s Plan for Change initiative to drive economic growth and position the UK as a leader in fusion energy. The investment will accelerate progress in the fusion energy sector…
ENERCON advances onshore wind projects in Iceland and Turkey
Author: PPD Team Date: 29/11/2024 ENERCON has partnered with Iceland’s state-owned energy provider Landsvirkjun to deliver the country’s first large wind farm. The 120 MW project in Búrfell, approximately 130 km from Reykjavik, will use 28 E-138 EP3 turbines. Construction begins this year with turbine installation scheduled for 2026. Additionally, ENERCON has signed a letter of intent with Turkish energy firms Iş Enerji and Polat Enerji to develop 2,500 MW of onshore wind capacity in…
CEA proposes new guidelines for type-testing periodicity of power equipment
Author: PPD Team Date: 14/11/2024 The Central Electricity Authority (CEA) has released new draft guidelines on the periodicity of type tests for major equipment across the power value chain. A key proposal is to exempt transformers from repeating short-circuit tests solely due to changes in bushing or on-load tap changers (OLTC), provided these components have equal or superior ratings and have successfully passed type tests per IS/IEC standards. The guidelines, titled “Guidelines for the Periodicity…
Powergrid secures three ISTS projects under tariff-based bidding
Author: PPD Team Date: 06/03/2025 Power Grid Corporation of India Limited (Powergrid) has won the bid for three inter-state transmission system (ISTS) projects under the tariff-based competitive bidding (TBCB) process. These projects will be developed on a build, own, operate, and transfer (BOOT) basis. Here is a quick rundown of what Powergrid will be handling: Transmission system for evacuation of power from Rajasthan REZ Ph-V (Part-1: 4 GW) [Sirohi/Nagaur] Complex SPV: Rajasthan V Power Transmission…
Global Contract and Deal Updates – January 27, 2025
Author: PPD Team Date: 27/01/2025 NextEra partners with GE Vernova for natural gas-fired project NextEra Energy has partnered with electric services company GE Vernova to develop natural gas-fired power generation projects in the United States, as reported by Reuters. The collaboration aims to primarily supply electricity to AI data centres and other significant power consumers. This partnership comes amid rising demand from Big Tech’s data centres for natural gas-fired electricity, particularly as federal support for…
CFS plans world’s first commercial fusion power plant in Virginia
Author: PPD Team Date: 19/12/2024 Commonwealth Fusion Systems (CFS) has unveiled plans to build the world’s first grid-scale commercial fusion power plant, ARC, at the James River Industrial Park in Chesterfield County, Virginia. The site, owned by Dominion Energy Virginia, was chosen after a global search for the location of the first commercial fusion plant. CFS has entered into a non-financial collaboration with Dominion Energy Virginia, which includes development support, technical expertise, and leasing rights…
UK announces £410m fusion energy investment for Nottinghamshire project
Author: PPD Team Date: 17/01/2025 The UK government has unveiled a £410 million ($501.1 million) investment to advance fusion energy development. The funding will support the construction of a fusion power plant at the site of a former coal facility in Nottinghamshire, as part of the government’s Plan for Change initiative to drive economic growth and position the UK as a leader in fusion energy. The investment will accelerate progress in the fusion energy sector…
ENERCON advances onshore wind projects in Iceland and Turkey
Author: PPD Team Date: 29/11/2024 ENERCON has partnered with Iceland’s state-owned energy provider Landsvirkjun to deliver the country’s first large wind farm. The 120 MW project in Búrfell, approximately 130 km from Reykjavik, will use 28 E-138 EP3 turbines. Construction begins this year with turbine installation scheduled for 2026. Additionally, ENERCON has signed a letter of intent with Turkish energy firms Iş Enerji and Polat Enerji to develop 2,500 MW of onshore wind capacity in…
CEA proposes new guidelines for type-testing periodicity of power equipment
Author: PPD Team Date: 14/11/2024 The Central Electricity Authority (CEA) has released new draft guidelines on the periodicity of type tests for major equipment across the power value chain. A key proposal is to exempt transformers from repeating short-circuit tests solely due to changes in bushing or on-load tap changers (OLTC), provided these components have equal or superior ratings and have successfully passed type tests per IS/IEC standards. The guidelines, titled “Guidelines for the Periodicity…
Powergrid secures three ISTS projects under tariff-based bidding
Author: PPD Team Date: 06/03/2025 Power Grid Corporation of India Limited (Powergrid) has won the bid for three inter-state transmission system (ISTS) projects under the tariff-based competitive bidding (TBCB) process. These projects will be developed on a build, own, operate, and transfer (BOOT) basis. Here is a quick rundown of what Powergrid will be handling: Transmission system for evacuation of power from Rajasthan REZ Ph-V (Part-1: 4 GW) [Sirohi/Nagaur] Complex SPV: Rajasthan V Power Transmission…
Global Contract and Deal Updates – January 27, 2025
Author: PPD Team Date: 27/01/2025 NextEra partners with GE Vernova for natural gas-fired project NextEra Energy has partnered with electric services company GE Vernova to develop natural gas-fired power generation projects in the United States, as reported by Reuters. The collaboration aims to primarily supply electricity to AI data centres and other significant power consumers. This partnership comes amid rising demand from Big Tech’s data centres for natural gas-fired electricity, particularly as federal support for…
CFS plans world’s first commercial fusion power plant in Virginia
Author: PPD Team Date: 19/12/2024 Commonwealth Fusion Systems (CFS) has unveiled plans to build the world’s first grid-scale commercial fusion power plant, ARC, at the James River Industrial Park in Chesterfield County, Virginia. The site, owned by Dominion Energy Virginia, was chosen after a global search for the location of the first commercial fusion plant. CFS has entered into a non-financial collaboration with Dominion Energy Virginia, which includes development support, technical expertise, and leasing rights…