Power Sector News Roundup for February 11, 2025

Global: Japan plans world’s first hydrogen production facility using nuclear power UK shifts nuclear energy policy to approve new plants China moves to reduce subsidies for renewable energy projects India: BHEL secures Rs 80 billion EPC contract for Koradi Thermal Power Project NTPC, NREDCAP form JV for 25 GW renewable projects Three firms shortlisted for Odisha transmission project under TBCB Jindal Nuclear plans 18,000 MW nuclear capacity by 2047 Hero MotoCorp, Aurobindo Pharma to invest…

Power Sector News Roundup for February 10, 2025

Global: Baltic nations cut power ties with Russia and Belarus, join EU grid India: Andhra Pradesh approves Rs 183.58 billion investment for RE projects Amazon India signs PPAs for 379 MW wind power procurement ACME Solar partners with Grew Energy for solar project in Rajasthan Waaree secures solar module supply contract from Mahindra Susten Bhagyanagar India secures 65.7 MW solar project in Uttar Pradesh Torrent Power reports Q3 FY 2024-25 results with 31% PAT growth…

Power Sector News Roundup for February 7, 2025

Global: Global solar and battery storage costs to decline further in 2025 Matrix Renewables secures €40 million financing for solar projects in Italy India: Bihar to invite bids for 2,400 MW Pirpainti thermal power project by March NCT recommends two interstate transmission schemes for final clearance Power Machines secures E&M contract for Kwar hydro project Sangamam Power to develop pumped storage project in Odisha WAPCOS, Medhaj Techno secure consultancy contracts for power distribution projects GE…

Power Sector News Roundup for February 6, 2025

Global: Mitsubishi reviews offshore wind projects in Japan Guyana approves budget for gas-to-energy projects TenneT signs agreement for offshore farm connection in Netherlands Westinghouse proposes SMRs in Italy’s decommissioned nuclear sites Enel North America signs PPA with Meta for Rockhaven wind farm European Commission and Moldova agree on strategy for energy resilience India: Tata Power eyes small modular reactors Tata Power Q3 PAT rises 10% to Rs 1.19 billion  Power Ministry plans 83.5 GW thermal…

Power Sector News Roundup for February 5, 2025

Global: Desert Quartzite solar+storage project achieves operational status Amazon and Iberdrola expand renewable energy partnership Stavian Group to invest USD 22 million in battery storage project in Vietnam India: PGCIL approves investment for Gujarat offshore transmission system projects PGCIL reports Q3 FY25 net profit of Rs 38.61 billion, a 4.15% decline Lords Mark wins 300 MW rooftop solar project contract from UPNEDA Indus Towers invests in 50 MW captive solar project Sharika Enterprises secures multiple…

Power Sector News Roundup for February 4, 2025

Global: Yunlin offshore wind farm begins operations, adds 640MW to Taiwan’s grid Global energy transition investment grows 11% to $2.1tn in 2024 Georgia Power submits 2025 integrated resource plan Fidra Energy receives approval for 1.4GW battery storage project in the UK India: Amara Raja Infra and Ganesh Green Bharat win solar contracts Tata Power wins contract for sale of power from Nagda solar project Coal Ministry launches 11th round and 10th round rebid of coal…

Power Sector News Roundup for February 3, 2025

Global: Indonesia plans 4.3GW nuclear power capacity GE Vernova plans $600 million investment in US factories India: Union Cabinet approves National Critical Mineral Mission EIL and POWERGRID sign MoU for energy transition projects CEA issues guidelines for benchmarking operation and maintenance norms for distribution utilities Seftech, Suryam win contracts for solar projects in Maharashtra Torrent Power commissions 300 MW solar project in Gujarat Waaree Energies reports strong Q3 FY 2024-25 results Kalpataru wins Rs 6.55…

Power Sector News Roundup for January 31, 2025

Global: Enfinity Global expands Texas battery storage with 425 MW projects. On.Energy secures funding for 160 MWh battery storage in Texas. Germany’s wind power shortfall drives up Europe’s energy prices. India: SBWL grants conditional approval for Sharavathi pumped storage project. Odisha signs MoUs with six firms for renewable energy projects. Voltamp Transformers begins construction of new Gujarat plant. Apraava Energy commissions its largest wind project in Gujarat. ACME Solar, ReNew Power receive LoA for 550…

Power Sector News Roundup for January 30, 2025

Global: JUWI Renewable to begin construction on solar projects in South Africa Sri Lanka to renegotiate wind PPA with Adani Green Energy Mission 300 Initiative secures over $8bn in funding Ørsted and PGE reach FID for Baltica 2 offshore wind farm in Poland MSIG Asia and The RiskPoint Group partner to enhance APAC RE insurance India: NTPC partners with Energy Dome of Italy for CO2 battery energy storage project NTPC plans expansion of Lara Super…

Power Sector News Roundup for January 29, 2025

Global: Vena Energy and CIP awarded offtake contract for Taean Wind Project in South Korea Chevron, Engine No.1, GE Vernova to build first U.S. multi-GW power plant, data center EU to provide €30m aid to Moldova for energy crisis relief India: Avaada Group to invest Rs 207 billion in renewable energy projects in Odisha BEE and TERI to establish energy transition centre in Hyderabad Arunachal Pradesh begins pre-feasibility tests for Upper Siang project BAJEL secures…