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ADB approves USD 311 million loan for Nepal’s T&D infrastructure upgrade
By November 13, 2024November 13, 2024

The Asian Development Bank (ADB) has approved a USD 311 million loan to upgrade electricity transmission and distribution infrastructure in Nepal under the South Asia Subregional Economic Cooperation Electricity T&D Strengthening Project. Implemented by Nepal Electricity Authority (NEA), the project will modernize energy infrastructure and add solar photovoltaic (PV) generation capacity. Key initiatives include constructing…

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Elcogen secures €24.9 million EU grant for hydrogen tech expansion
By November 13, 2024November 13, 2024

Elcogen has been awarded €24.9 million from the European Union’s 2024 Innovation Fund to expand its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Tallinn, Estonia. This funding will enhance Elcogen’s role in advancing green hydrogen production and supporting the transition to green energy. The EU’s Innovation…

Read More Elcogen secures €24.9 million EU grant for hydrogen tech expansion
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Enphase Energy launches AI-powered DIY permitting on Solargraf
By November 13, 2024November 13, 2024

Enphase Energy has introduced an AI-powered DIY permitting feature on Solargraf, its cloud-based platform designed for U.S. solar installers. This tool automates the complex solar and battery permitting process, potentially reducing time for permit plans by up to 95%. The feature aims to streamline solar installation, lowering administrative burdens and operational costs for installers. As…

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Nordex secures order for 19 turbines for Québec wind project
By November 13, 2024November 13, 2024

The Nordex Group has received an order to supply 19 N163/5.X wind turbines for an undisclosed wind farm in Québec, Canada. Scheduled for delivery in summer 2026, the turbines will be mounted on 125-meter tubular steel towers and equipped with Nordex’s Advanced Anti-icing System, designed for cold climates to enhance performance during winter. This order…

Read More Nordex secures order for 19 turbines for Québec wind project
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MDBs pledge $120 billion for low-income nations at COP29
By November 13, 2024November 13, 2024

At COP29 in Baku, Azerbaijan, leading multilateral development banks (MDBs) announced plans to collectively mobilize $120 billion annually in climate financing for low- and middle-income countries by 2030, with $42 billion dedicated to adaptation. The private sector is expected to contribute an additional $65 billion each year. High-income countries are set to receive $50 billion…

Read More MDBs pledge $120 billion for low-income nations at COP29
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Indonesia announces plans for 75GW renewable energy expansion over 15 years
By November 13, 2024November 13, 2024

Indonesia has revealed plans to attract international investment for the development of 75GW of renewable energy within the next 15 years. The announcement, made at COP29 in Baku by Indonesia’s climate envoy, Hashim Djojohadikusumo, underscores the new administration’s goal to implement 100GW of new energy, with 75% dedicated to renewables like solar, hydro, geothermal, and…

Read More Indonesia announces plans for 75GW renewable energy expansion over 15 years
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Ofgem approves LionLink and Nautilus pilot projects for North Sea wind interconnectors
By November 13, 2024November 13, 2024

The UK energy regulator, Ofgem, has approved the initial stages of two interconnector pilot projects, LionLink and Nautilus, aimed at linking the UK’s transmission network with offshore wind farms in the North Sea. These “offshore hybrid assets” will connect UK, Dutch, and Belgian grids directly to offshore wind farms, delivering a combined capacity of 3.2…

Read More Ofgem approves LionLink and Nautilus pilot projects for North Sea wind interconnectors
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PowerChina hands over 500 kV Thung Song substation to Thailand’s EGAT
By November 12, 2024November 12, 2024

Power Construction Corporation of China (PowerChina) has officially transferred the 500 kV Thung Song substation project to Thailand’s Electricity Generating Authority of Thailand (EGAT) after successful site acceptance tests. Located in Nakhon Si Thammarat, southern Thailand, the project is crucial for enhancing grid transmission capacity and ensuring stable power operations in the region. The project…

Read More PowerChina hands over 500 kV Thung Song substation to Thailand’s EGAT
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FREYR Battery to acquire Trina Solar’s US manufacturing assets
By November 12, 2024November 12, 2024

FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its…

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Boralex and Saint-Gobain sign 20-year renewable PPA in France
By November 12, 2024November 12, 2024

Boralex Inc. and Saint-Gobain have signed a 20-year renewable power purchase agreement (PPA) in France, covering three power plants that will supply renewable electricity to Saint-Gobain’s industrial sites. The agreement includes two solar parks and one wind farm, set to commence operations between Q1 2026 and Q1 2027. These facilities are expected to generate approximately…

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