Author: PPD Team Date: 11/12/2024
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ABB to acquire Gamesa Electric’s power electronics business in Spain
Author: PPD Team Date: 19/12/2024 ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa. This acquisition will strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquired portfolio includes Doubly-fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar power inverters. The transaction will add over 100 specialized engineers and two Spanish converter factories in…
US ends Iraq’s sanctions waiver for Iranian electricity imports
Author: PPD Team Date: 11/03/2025 The United States has ended a sanctions waiver that allowed Iraq to buy electricity from Iran, following President Donald Trump’s renewed “maximum pressure” policy on Tehran. The waiver, which expired on 8 March 2025, was initially introduced in 2018 after the US reimposed sanctions on Iran following its withdrawal from the nuclear deal. The US Department of State stated that the decision aims to prevent any financial relief for Iran….
AI boom drives 58 GW rise in PJM grid demand by 2035
Author: PPD Team Date: 28/01/2025 The US’s largest electricity grid, managed by PJM Interconnection, anticipates a 58 GW surge in peak summer demand by 2035, reaching 210 GW due to the AI boom, according to Bloomberg. Data centres critical for AI operations drive rapid power consumption, potentially straining the current grid infrastructure. At the World Economic Forum in Davos in January 2025, US President Donald Trump stressed the need for power plants to accompany data…
China to continue coal plant construction through 2027
Author: PPD Team Date: 16/04/2025 China plans to continue building coal-fired power plants until at least 2027, according to new government guidelines aimed at upgrading the country’s coal power infrastructure. The decision, released by China’s state planner and energy regulator, is stirring debate over the nation’s long-term climate commitments, particularly its pledge to start cutting coal use between 2026 and 2030. Officials say new coal plants will be built only in areas where they are…
Tata Power and Druk Green to develop 5,000 MW clean energy in Bhutan
Author: PPD Team Date: 21/11/2024 Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration, supported by the Royal Government of Bhutan and the Government of India, marks the largest clean energy partnership between the two nations and aims to strengthen regional energy security and accelerate the clean energy transition. The agreement, signed in Thimphu…
CEA releases guidelines for standardization and interoperability of AMI systems
Author: PPD Team Date: 17/01/2025 The Central Electricity Authority (CEA) has issued new guidelines aimed at standardizing and ensuring interoperability within Advanced Metering Infrastructure (AMI) systems. The guidelines, titled “Guidelines for Standardization and Interoperability in AMI Systems for End-to-End Communication between Smart Meter, HES and MDM,” focus on creating unified communication protocols for smart meters, Head-End Systems (HES), and Meter Data Management Systems (MDMS). Key aspects of the guidelines include: A unified HES with standardized…
ABB to acquire Gamesa Electric’s power electronics business in Spain
Author: PPD Team Date: 19/12/2024 ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa. This acquisition will strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquired portfolio includes Doubly-fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar power inverters. The transaction will add over 100 specialized engineers and two Spanish converter factories in…
US ends Iraq’s sanctions waiver for Iranian electricity imports
Author: PPD Team Date: 11/03/2025 The United States has ended a sanctions waiver that allowed Iraq to buy electricity from Iran, following President Donald Trump’s renewed “maximum pressure” policy on Tehran. The waiver, which expired on 8 March 2025, was initially introduced in 2018 after the US reimposed sanctions on Iran following its withdrawal from the nuclear deal. The US Department of State stated that the decision aims to prevent any financial relief for Iran….