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Nigeria installs advanced SCADA systems for power grid management
The Nigerian government has announced the installation of advanced supervisory control and data acquisition (SCADA) systems to transform the management of the national power grid. Funded by the World Bank, this initiative is part of the Nigerian electricity transmission access project aimed at upgrading the country’s energy infrastructure. The new SCADA systems enable real-time monitoring and control, improving response to power outages and load management. Installed at over 100 substations, including Lagos’ Apapa substation, and supported…
Chinese EV makers enter Thai Market amid western tariffs
China’s electric vehicle (EV) companies are expanding into Thailand, a key industry hub, as Europe and the United States impose tariffs to limit their entry. GAC Aion, a Chinese EV maker, set up its first overseas operation in Thailand a year ago. Starting with no office, factory, or local employees, the team quickly adapted, selling their first vehicle within 74 days. Chinese EV manufacturers like Aion are rapidly entering overseas markets, with Thailand being one…
Samaiden Group forms JV to expand renewable energy portfolio in Indonesia
Samaiden Group has entered into a joint venture (JV) with PT MCS Bina Energi to expand its renewable energy operations in Indonesia. The venture, made through Samaiden SG Private Limited, a subsidiary of Samaiden Group, will focus on solar photovoltaic systems, power plants, and build-own-operate-transfer projects. Samaiden holds a 70% stake in the JV, while MCS holds 30%. Samaiden will contribute technical expertise, while MCS will leverage its local business and regulatory knowledge.
Norway proposes $3.29bn subsidy for 2025 floating wind tender
On 7 October, the Norwegian government announced a proposal to provide up to Nkr35 billion ($3.29 billion) in subsidies for its planned floating wind tender in 2025. The funding, based on a 500 MW reference project, is intended to support the development of floating offshore wind, a key growth area for Norway’s renewable energy sector. The tender will be Norway’s first commercial floating wind round, with the country targeting 30 GW of offshore wind capacity…
JGC Japan and Sumitomo to explore collaboration in floating offshore wind power
JGC Japan Corporation and Sumitomo Corporation have agreed to explore a potential collaboration in the floating offshore wind (FOW) power generation sector. The exploration will focus on establishing a supply chain for floating foundation design, developing manufacturing partners, managing orders, and transporting components to base ports for offshore wind power generation. The goal is to meet the increasing demand for FOW power generation, projected to grow significantly by 2050. According to Det Norske Veritas (DNV),…
NEA to publish cost study of Sweden’s energy and electricity system
The Nuclear Energy Agency (NEA) and the Swedish Government have announced a collaboration on a cost study of Sweden’s electricity and energy system. The study aims to explore the cost implications of various policy decisions and energy strategies under stringent carbon constraints, with the final report expected by the end of 2025. The announcement was made at the Roadmaps to New Nuclear 2024 conference in Paris, where NEA director-general William D. Magwood IV expressed hope…