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DTEK to invest €140 million in 200 MW energy storage systems across Ukraine

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DTEK plans to establish a series of energy storage systems (ESS) across Ukraine, with a total capacity of 200 MW, aimed at enhancing the nation’s green and secure energy infrastructure. The project will involve a €140 million investment and is expected to be operational by September 2025. These ESS will provide ancillary services to Ukrenergo, the national Transmission System Operator. In August 2024, DTEK won a competitive auction to supply automatic frequency restoration reserves to…

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Nigeria invests USD 800 million to upgrade power infrastructure

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The Nigerian government has announced an investment of USD 800 million under the Presidential Power Initiative to enhance the country’s power infrastructure. The plan focuses on the development of substations and distribution networks in key regions such as Benin, Port Harcourt, Enugu, Abuja, Kaduna, Jos, and Kano. The initiative aims to address persistent power deficits by improving the nation’s transmission and distribution (T&D) systems. Despite ongoing challenges, including power distribution companies’ inability to absorb the…

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Global demand for critical minerals for renewables to triple by 2030: UN

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Global demand for minerals crucial to renewable energy technologies is projected to nearly triple by 2030, according to a United Nations report. The UN Secretary-General’s expert panel on critical energy transition minerals has outlined recommendations for governments, industries, and stakeholders to ensure the energy transition is fair, sustainable, and equitable. UN Secretary-General António Guterres highlighted the need for justice and equity in the renewables revolution, with the panel’s recommendations set to be shared ahead of…

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Mubadala Energy secures key wins in Andaman exploration

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Mubadala Energy has achieved two major milestones in its Andaman exploration efforts. Partnering with Harbour Energy, it secured the Central Andaman licence (Harbour 60%, Mubadala 40%) from Indonesia’s oil and gas regulator, MIGAS. This acquisition enhances Mubadala’s strategy in the Andaman Sea, boosting the basin’s potential. Additionally, Mubadala completed the South Andaman drilling campaign, appraising the Layaran discovery. The multi-well campaign, including Layaran-1, Tangkulo-1, and Layaran-2, confirmed the basin’s multi-TCF potential using advanced deep-water technology….

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Powin and BHE Renewables partner to build solar-storage microgrids

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Powin has teamed up with BHE Renewables to deliver a major solar and storage microgrid in Ravenswood, West Virginia. This project will supply renewable energy to Titanium Metals (TIMET), a subsidiary of Precision Castparts, for manufacturing titanium products for the aerospace industry. Powin will provide a 50MW Centipede Stack800 battery energy storage system, designed for 10-12 hours of energy discharge. The system will complement a 106MW solar array, forming a key part of the microgrid….

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Westinghouse and Hyundai partner to explore nuclear power opportunities in Sweden and Finland

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Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new nuclear reactors at Ringhals in…

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Construction begins on TenneT’s Ijmuiden Ver Beta offshore wind converter platform

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Construction has officially started in Singapore on the Ijmuiden Ver Beta offshore wind converter platform, a key component of the 2GW high-voltage direct current (HVDC) system for the Ijmuiden Ver Beta wind farm. This farm is a joint venture between Vattenfall and Copenhagen Infrastructure Partners (CIP). The platform is set to be installed in the Dutch North Sea by 2028. The steel-cutting ceremony took place at Seatrium’s Tuas Boulevard shipyard, with GE Vernova leading the…

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Saipem and Newcleo explore nuclear power for offshore drilling sustainability

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Italian oil company Saipem and British nuclear firm Newcleo have partnered to explore how nuclear power can enhance the environmental sustainability of offshore drilling activities. The collaboration will focus on assessing how Newcleo’s small modular lead-cooled fast reactor (SM-LFR) technology could be used to power and heat Saipem’s offshore projects. As part of the agreement, the companies will conduct a feasibility study on developing floating nuclear prototypes, to connect these units to the electricity grid…

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Huawei builds microgrid power station for Saudi Arabia’s Red Sea Project

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Huawei has completed the construction of the world’s largest microgrid power station, capable of generating one billion kilowatt-hours (kWh) of electricity annually. This microgrid will supply power to Saudi Arabia’s ambitious Red Sea New City project, part of the kingdom’s Vision 2030 initiative. The $500 billion project aims to be the first city powered entirely by renewable energy. According to Huawei, the station provides 400MW of photovoltaic power and 1.3GWh of energy storage. Since September…

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GE Vernova secures 140 MW wind turbine order in Romania

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GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The agreement, finalized in Q2 2024, strengthens GE Vernova’s role in the European Union’s energy transition, where it has a long history of installing wind turbines. Initial turbine deliveries are planned for the first half of…