Neoen has obtained AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets, effectively doubling its Australian renewable energy portfolio financing. Eleven major lenders participated, including ANZ, Bank of China, and the Clean Energy Finance Corporation. The portfolio includes three operating solar farms in New South Wales—Griffith Solar Farm, Parkes…
AMEA Power has commissioned the 500 MW Abydos Solar PV Plant in Egypt’s Aswan Governorate. The plant will generate around 1,500 GWh of renewable energy annually, reducing carbon emissions by 782,300 tonnes. The project was completed in 18 months. Additionally, AMEA Power has signed a power purchase agreement (PPA) and land agreement for a 500…
GE Vernova’s Advanced Research Center has delivered a 3.4MW-140m wind turbine to the National Renewable Energy Laboratory (NREL) for energy research. The wind turbine will serve as a research platform at NREL, focusing on areas such as grid testing, installation technologies, sensors and controls, mechanical systems, aerodynamic solutions, DC coupling, battery energy storage, and hydrogen…
Romanian state-owned nuclear power producer Nuclearelectrica has signed a €1.9 billion ($1.97 billion) engineering, procurement, and construction (EPC) contract to extend the life of Unit 1 at the Cernavoda nuclear power plant. The contract was awarded to a consortium consisting of Ansaldo Nucleare, Candu Energy, AtkinsRéalis, Canadian Commercial Corporation, and Korea Hydro & Nuclear Power…
GE Vernova T&D India Limited secured a contract worth over Rs 4,000 million from Sterlite Power Transmission Limited on December 19, 2024. The contract covers the supply and supervision of high voltage (HV) equipment. The project is expected to be completed by December 19, 2026, and is being implemented through the tariff-based competitive bidding (TBCB)…
Maharashtra State Power Generation Company Limited (MSPGCL) has abandoned the Dondaicha Coal Based Power Project. The project, planned to have a capacity of 5×660 MW near Vikharan, Methi, and Varjhadi villages in Dhule district, Maharashtra, was set to be built at an investment of Rs 215.77 billion.
Adani Energy Solutions Limited (AESL) incorporated Adani Energy Solutions Step-Ten Limited (AESSTL) on December 18, 2024. The special purpose vehicle (SPV) will focus on the transmission, distribution, and supply of power, along with other infrastructure services.
KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.Â
NTPC Green Energy has announced the commencement of operations for its wholly-owned subsidiary, NTPC Renewable Energy’s 150 MW Gujarat solar PV project in Mesanka, Gujarat. On December 18, 2024, the Gujarat Energy Development Agency issued a certificate confirming the commercial operation of the second part capacity of 30 MW, effective from December 11, 2024.
Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy. The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions. Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”