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Nigeria, China strengthen ties in BRI, nuclear energy, renewable development

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Nigeria and China have agreed to bolster their partnership in the Belt and Road Initiative (BRI), human resource development, and nuclear energy following a meeting between the countries’ leaders. China, Nigeria’s largest bilateral lender, has provided loans totalling $5 billion as of March 2024, according to Nigeria’s Debt Management Office. The relationship between Nigeria and China, which has spanned over 50 years, deepened in 2018 when the two nations became partners in the Belt and…

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Egypt approves Masdar’s 1.2 GW solar, 240 GWh energy storage projects

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Egypt’s cabinet has approved UAE-based renewable energy developer Masdar’s plans to develop a 1.2 GW solar power plant and a 240 GWh energy storage project in the country. These approvals follow a recent collaboration agreement between Egypt and the UAE aimed at increasing the renewable energy capacity by 4 GW, with work set to begin next summer.

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WEG, Kroma Energia sign contract for 250 MW solar project in Brazil

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Brazilian electric-electronic equipment company WEG has secured a supply contract with energy trader Kroma Energia for the 250 MWp Arapuá solar energy complex in Vale do Jaguaribe, Jaguaruana. The project, valued at R$630 million, is expected to begin commercial operations in Q1 2026, with an estimated annual production of 537 GWh. The contract covers the supply of PV modules, trackers, inverters, a power substation, and a connection bay with the local utility, along with complete…

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EDF Renewables acquires Shell’s stake in South Korean offshore wind project

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EDF Renewables has completed the acquisition of Shell Overseas Holdings’ shares in West Sea Energy 1, entering South Korea’s offshore wind sector. West Sea Energy 1 focuses on developing a high-power offshore wind project with a maximum capacity of 1.5 GW, the first offshore wind facility owned by EDF Renewables in South Korea. This acquisition aligns with EDF Renewables’ strategic goals to expand its presence in the Asia-Pacific region, with plans to secure an electricity…

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Rosatom completes reactor vessel installation at Tianwan NPP Unit 8 in China

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Russian state nuclear company Rosatom has completed the installation of the reactor vessel at Tianwan Nuclear Power Plant (NPP) Unit 8 in China, marking a significant milestone in the project’s development. The reactor, a VVER-1200 model weighing 331.7 tons, was manufactured by Russian specialists and positioned in its designated spot after a detailed inspection and preparatory process. Rosatom’s engineering division provided technical support, with supervision from OKB Gidropress, a subsidiary of Rosatom, ensuring the precision…

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Enfinity Global secures €190m financing for 157 MW solar projects in Italy

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Spanish renewable energy company Enfinity Global has secured €190 million in funding for the construction of 157 MW of utility-scale solar projects in Italy, located in the Lazio and Emilia Romagna regions, set to come online in 2025. The financing was arranged through a club deal structure with BayernLB, ING, and Rabobank serving as mandated lead arrangers. The package includes €127.4 million in non-recourse senior debt, €17.1 million for VAT financing, and €45.1 million in…

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Australia, South Korea sign MOU for critical mineral collaboration

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Western Australia (WA) and South Korea have signed a memorandum of understanding (MOU) to enhance cooperation in renewable energy and critical mineral supply chains. The MOU is building on a 2023 letter of intent aimed at fostering clean energy development and processing between the WA Government and Korea’s Ministry of Trade, Industry and Energy (MOTIE). WA’s rich reserves of critical minerals and potential for clean hydrogen and ammonia production were highlighted as key areas for…

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EDF receives ASN approval for first nuclear reaction at Flamanville 3 reactor

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France’s nuclear safety authority, Autorité de Sûreté Nucléaire (ASN), has granted EDF a critical divergence agreement for the Flamanville 3 reactor, allowing the initiation of its first nuclear reaction. Following the fuel loading in May 2024, this marks a significant milestone for the European Pressurised Reactor (EPR) teams. The divergence process will trigger a stable nuclear reaction at a very low power level, just 0.2% of the reactor’s capacity. Afterwards, a detailed testing phase will…

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Voltalia secures contract for 128 MW solar project in Ireland from Ørsted

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Voltalia has been awarded a contract by Ørsted to manage the engineering, procurement, and construction of a 128 MW solar power facility located in County Carlow, Ireland. This new project strengthens Voltalia’s presence in Ireland, bringing the company’s total built or under-construction capacity in the country to over 540 MW. In 2023, Voltalia secured significant projects, including the 108 MW Timahoe North solar farm with ESB and Bord na Móna, and four additional photovoltaic projects…

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Scottish Government approves 228 MW Smeaton Battery Energy Storage System

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The Scottish Government has approved the construction and operation of the 228 MW Smeaton Battery Energy Storage System (BESS) near Dalkeith, East Lothian. This project is part of Kona Energy’s collaboration with the Electricity System Operator (ESO) and National Grid to address energy constraints and enhance network stability. Kona Energy, in partnership with Zenobē, Eku, and Field, co-authored a proposal to use batteries to reduce public costs associated with energy constraints. With advisory support from…