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Russia ratifies loan amendments for Bangladesh Rooppur nuclear project
By February 19, 2026February 19, 2026

The Russian State Duma has ratified amendments to four intergovernmental loan agreements with Bangladesh related to construction of the Rooppur Nuclear Power Plant, the country’s first nuclear facility. The Federation Council has approved the federal law formalising the changes. The amendments address settlement challenges linked to US dollar transactions and introduce a revised loan repayment mechanism. The protocols extend the loan availability period to 2027 and resolve issues related to overdue debt, including provisions to…

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ADB, GRE sign $350 million loan for solar-plus-BESS projects in Thailand
By February 19, 2026February 19, 2026

The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited (GRE), a subsidiary of Gulf Development Public Company Limited (GULF), have signed a $350 million loan agreement to expand renewable energy generation in Thailand. The financing will support construction of three projects combining solar power with battery energy storage systems (BESS). The loan will fund two solar-plus-BESS facilities with a combined contracted capacity of 126 MW and 151 megawatt-hours of storage, along with a…

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Rolls-Royce unveils modular gas engine plants for Germany
By February 18, 2026February 18, 2026

Rolls-Royce has introduced modular gas engine power plant solutions to support Germany’s national Power Plant Strategy and energy transition plans. The preconfigured and factory-tested units are designed for faster deployment, with grid connection targeted within 12 to 18 months from order placement. The modular plants are offered in standard capacities of 10 MW, 20 MW and 30 MW. The design allows scaling from 5 MW to several hundred MW, depending on project requirements. According to…

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Inox Clean, RJ Corp form JV for African renewables
By February 13, 2026February 13, 2026

Inox Clean Energy Limited, part of the INOXGFL Group, has formed an equal joint venture with RJ Corp Limited to enter the African renewable energy market, marking its first major international independent power producer initiative. The partnership has acquired Skypower Services MENA Limited and plans to commission about 570 MW of renewable energy capacity in the initial phase. The projects form part of a multi-GW development pipeline and are supported by sovereign-backed power purchase agreements….

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EVE Energy commissions 400 MWh storage project using 628Ah cells
By February 12, 2026February 12, 2026

EVE Energy Co. has commenced operations at a 400 MWh energy storage facility in Hebei province, China, deploying its 628Ah ultra-large battery cells at grid scale for the first time. The project marks the transition of the technology from pilot testing to commercial application. The facility forms part of the Ruite New Energy Lingshou 200MW/400MWh independent energy storage project. It comprises 80 units of the company’s Mr. Giant 5 MWh direct-current energy storage systems integrating…

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L&T incorporates offshore wind subsidiary in the Netherlands
By February 11, 2026February 11, 2026

Larsen & Toubro Limited (L&T) announced on February 10, 2026, that it has incorporated a new wholly owned subsidiary in the Netherlands, named L&T Energy Offshore Wind B.V. The entity has been registered with the Dutch Trade Register and is set up to operate in the offshore wind energy segment. The subsidiary has been incorporated with an initial issued share capital of 1 EURO, fully subscribed by L&T. In regulatory filings to the BSE and…

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TotalEnergies signs 1 GW solar PPAs with Google in Texas
By February 10, 2026February 10, 2026

TotalEnergies has entered into two long-term Power Purchase Agreements (PPAs) to supply 1 GW of solar capacity to Google’s data centres in Texas. The transaction represents TotalEnergies’ largest single renewable energy PPA concluded in the United States to date. The 15-year agreements will deliver around 28 TWh of renewable electricity from two TotalEnergies-owned solar projects under development in Texas. These include the 805 MWp Wichita project and the 195 MWp Mustang Creek project. Construction of…

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HiTHIUM completes open-door fire test of 6.25MWh LDES system
By February 10, 2026February 10, 2026

HiTHIUM has completed what it described as the world’s first open-door, large-scale fire test of a 6.25MWh long-duration energy storage (LDES) system, validating safety performance under extreme conditions. The test was conducted under the supervision of UL Solutions and U.S. Authorities Having Jurisdiction, and was carried out in compliance with the latest UL and National Fire Protection Association (NFPA) safety standards. The test focused on HiTHIUM’s ∞Power 6.25MWh system equipped with ultra-large 1175Ah battery cells….

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Global power sector: key recent developments
By February 6, 2026February 6, 2026

Russia revises lunar roadmap, plans nuclear power plant on MoonAt a major Russian space conference, officials outlined a revised lunar programme after the 2023 Luna-25 failure. The updated schedule prioritises Luna-26 in 2028, Luna-27A in 2029, Luna-27B in 2030, and Luna-28 in 2034. A central objective is deploying a small nuclear power plant on the Moon in the 2030s for the International Lunar Research Station. The programme is led by Roscosmos with China, with the…

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South Korea confirms new nuclear reactors and SMR rollout
By February 3, 2026February 3, 2026

South Korea’s government has confirmed it will move ahead with two new large scale nuclear reactors and the deployment of small modular reactors (SMRs) under the 11th Basic Power Supply Plan, bringing an end to months of policy review. The two reactors will have a combined capacity of 2,800 MWe and are scheduled for completion in 2037 and 2038, while 700 MWe of SMR capacity is planned by 2035. Climate, Energy and Environment Minister Kim…

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