|

European Commission and Moldova agree on strategy for energy resilience

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…

|

Enel North America signs PPA with Meta for Rockhaven wind farm

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…

|

Westinghouse proposes SMRs in Italy’s decommissioned nuclear sites

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…

|

TenneT signs agreement for offshore farm connection in Netherlands

TenneT has signed a realisation agreement with a consortium of SSE Renewables and pension investor APG, on behalf of pension fund ABP, for the offshore grid connection of the IJmuiden Ver Alpha wind farm, located 60km offshore the Netherlands. This marks the first wind farm to adopt the 2GW direct current (DC) standard, with operations expected to begin by the end of 2029. The agreement outlines the development and construction of the required grid infrastructure…

|

Guyana approves budget for gas-to-energy projects

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…

|

Mitsubishi reviews offshore wind projects in Japan

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…

|

Stavian Group to invest USD 22 million in battery storage project in Vietnam

Stavian Group is investing USD 22 million in a Battery Energy Storage System (BESS) project at the Stavian Complex in Hung Yen province, Vietnam. Developed through a joint venture with Juhang Energy Technology (Singapore), the project will cover over 5 hectares and focus on manufacturing energy storage systems, EV charging equipment, and electric cables. The BESS will support grid regulation for renewable projects and industrial microgrids, helping businesses cut energy costs by optimising power usage….

|

Amazon and Iberdrola expand renewable energy partnership

  Amazon and Iberdrola have added 476 MW to their global renewable energy partnership, expanding into five countries. The new agreements include Amazon’s first PPA in Portugal for 219 MW from the Tâmega Wind Complex, the largest wind farm in Portugal, and additional PPAs in Spain for 257 MW from solar and wind projects. These projects will generate 1,093 GWh of carbon-free electricity annually, enough to power 300,000 homes. Amazon’s total contracted renewable energy from…

|

Desert Quartzite solar+storage project achieves operational status

EDF Renewables North America (EDFR) and Power Sustainable Energy Infrastructure (PSEI) have announced the operational status of their Desert Quartzite solar+storage project in Riverside County, California.  The project has a solar capacity of 375 MWdc/300 MWac and an energy storage capacity of 150 MWac/4 hours, delivering power to the Clean Power Alliance under a 20-year power purchase agreement. Located on Federal lands managed by the Bureau of Land Management, Desert Quartzite is designed to store…

|

Fidra Energy receives approval for 1.4GW battery storage project in UK

Fidra Energy, a European battery energy storage system (BESS) platform owned by EIG, has received planning consent to develop a 1.4GW battery storage project at Thorpe Marsh, Yorkshire. This will become the UK’s largest battery storage facility, capable of powering up to 800,000 homes during peak demand. The project was approved by Doncaster Council on 28 January 2025 and will feature lithium-ion battery systems supplied by Sungrow. A final investment decision (FID) is expected in…