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Vietnam adjusts Power Development Plan VIII for waste-to-energy projects

The Ministry of Industry and Trade (MoIT) of Vietnam is revising its Power Development Plan VIII (PDP VIII) to incorporate waste-to-energy projects.  The revision will integrate local government proposals, focusing on waste resource capacities and their impact on the national grid.  The updated plan is set to be submitted to the Prime Minister for approval by February 2025. This follows the approval of Decision No. 262/QD-TTg, which includes various renewable energy projects nationwide.  As of…

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EC approves EEW Offshore Wind EU acquisition

The European Commission (EC) has approved the joint control acquisition of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation.  The collaboration involves German and Japanese entities producing large steel tubes for offshore wind farms. The EC concluded the acquisition would not raise competition concerns, as the market structure remains largely unaffected. Last year, Sumitomo announced plans to acquire a stake in EEW Offshore Wind EU to enhance its monopile…

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AMEA Power secures two 300MW BESS projects in South Africa

UAE-based renewable energy developer AMEA Power has secured two battery energy storage system (BESS) projects in South Africa, each with over 300 megawatt-hours of capacity. The Gainfar and Boitekong projects, located in the North West Province, aim to address frequent blackouts and load shedding. Awarded under Bid Window 2 of the Battery Energy Storage Independent Power Producer Procurement Programme, the Gainfar project will connect to the Ngwedi substation, while the Boitekong project will link to…

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Renalfa IPP acquires 258 MW solar project in Romania

Vienna-based renewable energy company Renalfa IPP has acquired a 258MWac solar photovoltaic (PV) project in Teleorman, Romania, slated for commercial operation by 2027. The project aims to advance Romania’s decarbonisation goals and strengthen energy security. Renalfa IPP plans to integrate 1,000 megawatt-hours of battery energy storage systems (BESS) with the Teleorman project to enhance grid stability and optimize renewable energy usage. This initiative is expected to support regional economic growth and create green jobs. Renalfa…

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CIB invests $224.2m in Goose Harbour Lake Wind Farm in Nova Scotia

The Canada Infrastructure Bank (CIB) has committed $224.2 million in loans to support the $450 million Goose Harbour Lake Wind Farm project in Guysborough County, Nova Scotia.  Developed by Port Hawkesbury Paper Wind and RES Canada Construction, the wind farm will enhance Nova Scotia’s energy grid and provide clean power to Port Hawkesbury Paper, the province’s largest industrial electricity consumer. The project will feature 24 Nordex N163-7.0MW cold climate turbines with anti-icing technology, standing at…

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Final rules for U.S. clean hydrogen tax credit released

The U.S. Department of the Treasury and Internal Revenue Service (IRS) have issued final regulations for the section 45V Clean Hydrogen Production Tax Credit.  Established by the Inflation Reduction Act, the credit is designed to promote clean hydrogen production while meeting strict lifecycle greenhouse gas (GHG) emissions standards. The rules provide flexibility and clarity to hydrogen producers, including those using electricity (renewable, nuclear), methane reforming with carbon capture (blue hydrogen), and alternatives like renewable natural…

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US to remove restrictions on Indian nuclear entities

The US Government is taking steps to lift restrictions on Indian nuclear entities to strengthen energy relations and reinforce the 2005 nuclear deal.  US National Security Advisor Jake Sullivan stated that the US is finalizing efforts to remove long-standing regulations preventing civil nuclear cooperation between India’s top nuclear entities and US companies. Since the mid-2000s, the US and India have discussed the supply of US nuclear reactors to meet India’s growing energy needs. The 2007…

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ELUPRO partners with Oman and Thailand firms for green ammonia production

ELUPRO has signed agreements with Oman’s Muscat House and Thailand’s MA Corporation to collaborate on producing, supplying, and selling green ammonia.  The agreement includes plans to construct a green ammonia facility in Oman’s Duhok Economic Free Zone by 2025 through ELUFO Oman, a subsidiary of ELUPRO. The facility aims to supply green ammonia to Thailand by 2027. Initially, the project will use a 2 GW power facility to produce 1 million tons of green ammonia…

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EBRD funds 500 kV transmission line in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi. The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s low-carbon development strategy, developed with EBRD’s assistance.  The new line…

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Tanzania prepares for Africa Energy Summit 2025

Tanzania will host the African energy summit on January 27–28 in Dar es Salaam, bringing together heads of government and over 1500 executives from multilateral agencies, the private sector, and diplomats.  The summit aims to revolutionize energy access for 300 million people across Africa by 2030.  Key objectives include the adoption of the Africa energy compact, the endorsement of national energy compacts for 2025–2030, and the approval of the Dar es Salaam Declaration on sustainable…