Denmark’s largest offshore wind farm tender, launched in April 2024, received no bids, marking a setback for the global offshore wind industry. The tender offered six sites with a combined capacity of up to 10GW, including three in the North Sea and three in the Baltic and Kattegat. The Danish Energy Agency plans to engage…
Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW. Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates…
CVC DIF has sold its 169 MW portfolio of Uruguayan wind farm projects, comprising the Cerro Grande and Peralta wind farms, to Pluspetrol for an undisclosed amount. The transaction, executed by DIF Infrastructure V and DIF Infrastructure VI, marks Pluspetrol’s entry into the renewable energy sector. The portfolio, featuring 72 Enercon E-92 turbines, is the…
At the Nuclear Industry Association’s annual conference, Nuclear 2024, UK Secretary of State for Energy and Climate Change, Ed Miliband, praised the nuclear industry for offering “well-paid, highly skilled, unionised jobs” that benefit local communities. He pointed to Hinkley Point C’s impact in Somerset, where its construction has contributed to a 25% increase in the…
Corio Generation, a London-based offshore wind developer backed by Macquarie Group, is planning staff reductions due to rising costs and pressures within the renewable energy sector. Since its founding in 2022, Corio has expanded with major projects in the UK, South Korea, and the US. However, increasing equipment and debt costs have led to project…
The UK government is exploring new investor interest for the Sizewell C nuclear plant, as negotiations continue to secure funding for the project. These discussions come at a crucial time, with the UK aiming to modernise its power infrastructure by 2030. However, the project’s funding timeline has been delayed, with a final investment decision now…
The Ministry of Environment, Forest, and Climate Change (MoEFCC) recently reviewed and deliberated on the expansion of several major thermal power projects: Raigarh Thermal Power Plant ExpansionAdani Power Limited proposed expanding the Raigarh Thermal Power Plant in Chhattisgarh by adding 1,600 MW (2×800 MW) Ultra Supercritical units to the existing 600 MW plant. The project,…
Assam and Bihar are leading states in smart meter installations under the Revamped Distribution Sector Scheme (RDSS), with a total of 7.54 million smart meters installed across India. This includes 7.30 million consumer meters, 0.18 million distribution transformer (DT) meters and 0.06 million feeder meters. The total number of smart meters sanctioned under RDSS stands…
Greenko Group, a leading renewable energy company in India, has appointed AFRY to provide detailed design engineering services for Rajasthan’s 1.8GW Shahpur pumped hydro energy storage project. The Shahpur pumped storage project is integral to Greenko’s strategy to drive the energy transition through large-scale, integrated renewable projects with advanced energy storage solutions. AFRY will provide…
The Consumer Protection and Technical Regulatory Authority (CPTRA) of Estonia has announced an electronic auction for the development of an offshore wind farm in the Saare 1 area, located 60 km west of Saaremaa island in the Baltic Sea. The auction will take place from January 21 to January 23, 2025. Three qualified participants—CI Estonia…