Power Sector News Roundup for December 26, 2024

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Global: TPG Rise Climate in talks to acquire Altus Power EWEC to develop 4.5GW renewable energy projects in Abu Dhabi Huawei signs deal to supply 4.5GWh battery storage in Philippines Nozomi Energy acquires 312 MW solar portfolio in Japan Japan’s new energy policy aims for 50% renewables, 20% nuclear by 2040 India: Center lays foundation for three hydroelectric projects in Himachal Pradesh India’s solar module manufacturing industry to see growth: CRISIL Six firms win bids…

Power Sector News Roundup for December 24, 2024

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Global: ERC approves NGCP transmission projects in Philippines LCCC signs three contracts under UK hydrogen round Iberdrola secures green loan for photovoltaic plant in Sicily EDF connects Flamanville 3 nuclear reactor to France’s power grid Orlen signs €244m deal with EIB for renewable energy grid expansion Hitachi Energy secures contracts for HVDC converter stations in Germany India: NTPC Green signs MoU with Bihar government for renewable energy RIL picks up 26% stake in Adani’s power…

Power Sector News Roundup for December 23, 2024

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Global: GE Vernova to deliver HVDC system for South Korea’s largest power grid project Atlantica acquires 1.1 GW renewable energy development platform in US Google signs 15-year PPA for 250 MW wind energy in Netherlands Viaro Energy to acquire Evoterra’s wind and oil assets in UK and Germany Hanwha Qcells secures $1.45bn loan guarantee for US solar manufacturing facility Excelsior Energy Capital signs 7.5GWh agreement with LG Energy Solution Vertech The Nuclear Company seeks contractors…

Power Sector News Roundup for December 20, 2024

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Global: Romania signs EPC contract to extend life of Cernavoda NPP Unit 1 GE Vernova delivers 3.4MW wind turbine to NREL for energy research AMEA Power commissions 500 MW Abydos Solar PV plant in Egypt Neoen secures AUD 1.4 billion for Australian renewable energy projects EVN signs contract for Côn Đảo power connection African Development Bank invests in climate tech in Sub-Saharan Africa Oklo and Switch sign historic 12GW clean power deal Vestas secures 225MW…

Power Sector News Roundup for December 19, 2024

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Global: Hydro One to develop key transmission line in northern Ontario Montenegro prioritizes EUR 1.38 billion energy projects for EU accession CFS plans world’s first commercial fusion power plant in Virginia US DoE offers $15 billion loan commitment to PG&E ABB to acquire Gamesa Electric’s power electronics business in Spain Vietnam and Singapore to collaborate for electricity export Alternus Clean Energy acquires LiiON for $5 million KEPCO completes ±150 kV HVDC project connecting Wando and…

Power Sector News Roundup for December 18, 2024

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Global: Tion Renewables acquires 104 MW solar portfolio in Spain from EDPR Cubico reaches financial close for 506 MW Wambo wind farm in Queensland Apex Clean Energy secures financing for Prosperity Wind project EIB provides €243 million green loan to ERG Group for renewable projects Japan unveils draft energy plan to boost renewables and nuclear power Qair and Etermar Energia partner to advance offshore wind in Iberian Peninsula GE Vernova secures first H-Class natural gas…

Power Sector News Roundup for December 17, 2024

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Global: Solarvest partners with Vista to develop solar projects in SEA Vireon Hydrogen secures €3.8 million grant for 5 MW electrolyser in Finland India: Surana Technologies signs PPA with MSEDCL for solar projects in Maharashtra Sukhbir Agro Energy plans 1,200 MW RE projects in Andhra Pradesh BHEL emerges as L1 bidder for EPC contract for Amarkantak thermal power expansion project TNGECL plans 100 MW wind-solar hybrid projects in Tamil Nadu GE Power secures boiler parts…

Power Sector News Roundup for December 16, 2024

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Global: Envision Energy secures largest battery storage order in South Africa Masdar inaugurates 500MW Zarafshan wind farm in Uzbekistan Vestas secures 1.1GW order for Inch Cape offshore wind project in Scotland Westinghouse and BWXT Canada partner on nuclear new-build projects globally NorthWestern acquires 10% stake in North Plains Connector HVDC project GE Hitachi advances BWRX-300 SMR to GDA Step 2 in the UK KEGOC secures KZT141 billion funding for West Kazakhstan project Hydrom and thyssenkrupp…

Power Sector News Roundup for December 13, 2024

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Global: Cathay Life acquires 50% stake in Ørsted’s Greater Changhua 4 wind farm Solar N Plus secures 500MW solar supply order for overseas market ADB approves $200m loan for Pakistan’s power distribution Ofgem proposes energy debt reforms amid £4bn crisis Hygreen Energy supplies 25 MW electrolyser for hydrogen project in China TotalEnergies and OQAE to develop 300 MW RE projects in Oman Ofgem approves funding for transmission projects in Scotland Iberdrola explores sale of UK…

Power Sector News Roundup for December 12, 2024

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Global: Solar Landscape raises $847 million for rooftop solar projects Acadia leads $9bn renewable energy initiative with Microsoft Zimbabwe secures $250m for floating solar project at Kariba Dam Eemshaven Port chosen for OranjeWind offshore wind project Europe pushes to boost industrial competitiveness and decarbonization Investors propose taking ReNew Energy Global private in $2.82 billion deal Montenegro plans coal plant shutdown by 2041 Albania allows solar and wind power installations on pastureland Greece becomes net exporter…