Power Sector News Roundup for January 28, 2025

Global: AI boom drives 58 GW rise in PJM grid demand by 2035 Morocco plans 990 MW gas-fired power plant with $420 million investment Meridiam partners with HAU and EBRD to develop renewable energy in Egypt India: Maharashtra and Telangana sign MoUs for 7,440 MW renewable energy projects ACME Solar signs PPA with NHPC for 680 MW renewable energy Sunsure Energy signs PPA with SECI for solar project in Rajasthan TP Solar wins Rs 4.55…

Power Sector News Roundup for January 27, 2025

Global: NextEra partners with GE Vernova for natural gas-fired project EIA forecasts solar power growth will drive US power generation up to 2027 Italy to finalise strategy for nuclear power reintroduction by 2027 Taean Wind secures fixed-price contract for offshore wind in Korea JA Solar completes 1 GW delivery for Ulan Buh Desert energy base project Sol Systems achieves financial close on $345 million Tilden solar project L&T selected as preferred EPC contractor for Masdar’s…

Power Sector News Roundup for January 24, 2025

Global: Technip Energies wins FEED contract for Uniper’s new UK power plant Trump suspends IRA funding, halting clean energy projects CleanMax secures financing to develop solar projects in UAE Uzbekistan’s NEGU targets 76.1 billion TWh electricity transmission in 2025 Waaree Solar Americas starts commercial production of solar modules in Texas Solar power overtakes coal in EU electricity mix in 2024 BII commits $95 million to climate action in South-East Asia India: Bondada Group to establish…

Power Sector News Roundup for January 23, 2025

Global: United Group invests €120m in green electricity production in Bulgaria Mitsubishi completes 1.4GW Hin Kong GTCC power plant in Thailand Mongolia partners with EBRD to boost renewable energy sector Lhyfe and Masdar to develop large-scale green hydrogen projects in Europe Trincomalee Power to develop 50 MW solar project in Sri Lanka Nesma Infrastructure wins contract for Riyadh 380 kV substation Vestas secures turbines order for Ukraine’s largest wind energy project India: Polycab India records…

Power Sector News Roundup for January 22, 2025

Global: European Energy launches large-scale battery storage project in Denmark Sembcorp inaugurates 588 MW solar project in Oman AboitizPower, UGEP sign solar PPA with Republic Cement in Bulacan India: Advait Energy receives PLI award for alkaline electrolyser TD Power Systems wins Rs 570 million order from NPCIL CtrlS Datacenters to set up 600 MW IT load capacity park in Hyderabad Waaree secures Rs 2.77 billion solar EPC project OREDA partners with Tata Power for rooftop…

Power Sector News Roundup for January 21, 2025

Global: AFRY secures FEED contract for 1GW Liivi Bay offshore wind farm SEFE and Höegh Evi to develop clean hydrogen supply chains in Europe JA Solar secures deal for Africa’s largest PV-storage project Taiwan cuts Taipower subsidy, raising electricity cost concerns Trump halts new offshore wind leases, calls wind farms ‘big, ugly windmills’ Trump declares ‘national energy emergency,’ reverses policies to ‘drill, baby, drill!’ Indonesia to increase power capacity by 71 GW by 2034 Convergent…

Power Sector News Roundup for January 20, 2025

Global: Portugal plans 10GW offshore wind cluster in Atlantic Ocean Plenitude acquires 49% stake in California solar and storage projects India: Six firms submit bids for Dibang Multipurpose Project’s main dam construction IREDA signs joint venture for Upper Karnali hydroelectric project in Nepal IREDA reports Rs 4.25 billion net profit in Q3 FY25, up 26.48% Waaree Renewables posts Rs 0.53 billion net profit in Q3 FY25, down 17.18% SWERL reports Rs 0.17 billion net profit…

Power Sector News Roundup for January 17, 2025

Global: China increases grid investment to support renewable energy surge Westinghouse, KEPCO, and KHNP settle dispute for global nuclear projects Dalia Energy secures $1.5bn financing for new Israeli power plant US Energy Department offers $22.92bn in loans to modernize energy systems World Bank and AfDB unveil $40bn programme for Africa Italy, Albania, and UAE sign €1bn renewable energy cooperation deal LRE and Google sign 700 MWac solar PPAs Masdar to develop 1GW renewable energy projects…

Power Sector News Roundup for January 16, 2025

Global: Mirova invests $10 million to fund C&I solar projects in Vietnam Avina Clean Hydrogen completes FEED of ammonia plant in Texas Exide Industries invests Rs 1499.90 million in lithium battery subsidiary EESL China announces plan for space-based solar power generation Vietnam and Russia sign nuclear energy deal CIF capital markets mechanism raises $500m with inaugural bond German energy provider Uniper attracts interest from buyers Sizewell C nuclear power station in the UK projected to…

Power Sector News Roundup for January 15, 2025

Global: DOE closes loan guarantee for Montana Renewables’ biofuels expansion KKR and PSP Investments acquire stake in AEP’s transmission assets ENGIE expands Ras Ghareb wind farm in Egypt to 650 MW Innergex starts commercial operation of Boswell Springs wind farm EDF Renewables begins commercial operations at Huck Finn solar project Statera Energy acquires 680 MW BESS project in UK USD 2 billion Thai Binh LNG power plant to begin construction in 2025 India: Hinduja Renewables…