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…

Power Sector News Roundup for December 11, 2024

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Global: Canada announces C$1 billion funding for clean energy projects. BP and JERA to form offshore wind joint venture. EU to prioritize geothermal energy to reduce reliance on Russian gas. Jacobs partners with Terra Solar for energy project in the Philippines. TNB and Sembcorp to export 50 MW renewable energy to Singapore. Arevon Energy starts up Eland 1 Solar plus Storage Project in California. Iberdrola secures license for 274 MW wind project in Portugal. Davidson…

Power Sector News Roundup for December 10, 2024

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Global: CREC and Sungrow sign agreement for 1.5 GWh BESS supply AfDB appointed lead arranger for $340m Moyi Power metro-grids project in DRC India: India leads in clean-tech funding, surpassing China in Q3 2024 Tata Power to invest Rs 1.46 trillion to double capacity by 2030 Kerala announces electricity tariff hike of 16 paise per unit NTPC achieves fastest ever 300 BU generation milestone UPPCL resolves legal challenges to privatise two DISCOMs PFCCL incorporates SPV…

Power Sector News Roundup for December 9, 2024

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Global: UK seeks new investors for Sizewell C nuclear project Corio Generation plans staff reductions amid offshore wind sector challenges Nuclear industry “a model for the rest of economy,” UK energy secretary says CVC DIF sells 169 MW Uruguayan wind farm portfolio to Pluspetrol Meta signs agreements for 760 MW of renewable energy with Invenergy Denmark’s largest offshore wind farm tender in the North Sea receives no bids ISA and USAID partner to enhance grid…

Power Sector News Roundup for December 6, 2024

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Global: Spain to build largest pumped storage hydro power plant in Europe Philippines and UAE sign MoU for energy transition cooperation Estonia to host electronic auction for offshore wind farm in Saare 1 area India: Synergy Green signs supply agreement with Envision Energy for wind turbine castings DMR Hydroengineering & Fitchner GmbH JV empanelled as consultant for THDCIL’s pumped storage projects India Power emerges as lowest bidder for NTPC Dadri thermal energy storage project Teems…

Power Sector News Roundup for December 5, 2024

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Global: Hinkley Point C installs first new nuclear reactor in over 30 years Shell reduces offshore wind investments, restructures power division Hitachi Energy invests $47m to expand high-voltage factory in Brno Westinghouse’s eVinci microreactor receives NRC approval for control system Centrica and EDF extend operational life of UK nuclear power stations Longroad Energy closes financing for 111 MW Sun Pond solar project Eco Wave Power to launch Israel’s first wave energy project Biden administration surpasses…

Power Sector News Roundup for December 4, 2024

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Global: US imposes preliminary antidumping tariffs on Southeast Asian solar imports. JDR Cable Systems to install subsea cables for the largest US offshore wind farm. TotalEnergies and AEW secure a 300-MW solar project in Saudi Arabia. Quaise Energy partners with Nevada Gold Mines to retrofit a power plant with geothermal energy. Equinix signs a second renewable energy PPA with Sembcorp Power. PGE signs a PPA with Avangrid for a 120 MW solar project. Axpo Nordic…

Power Sector News Roundup for December 3, 2024

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Global Siemens and Tietoevry partner for power utilities’ digital transformation SAS and SES sign Taiwan’s first joint CPPA for offshore wind energy Pilbara Minerals and POSCO open Korea’s first lithium hydroxide plant Indonesia explores nuclear power technology, renewable energy expansion MHI secures MOX fuel order for Ikata nuclear plant Tasmania’s first utility-scale solar farm secures offtake with Hydro Tasmania Renewable Power Capital secures refinancing for Klevberget wind farm in Sweden NSCH partners with ENGIE for…

Power Sector News Roundup for December 2, 2024

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Global ABO Energy sells South African BESS projects to EDF Philippines launches $3.4 billion MTerra solar project Singapore commits SGD 100 million to green marine and offshore energy sectors 112 MW Ballinagree wind farm in Ireland secures planning approval India Adani Power denies Bangladesh plans to renegotiate power deal amid disputes Power Mech wins Rs 5.1 billion contract from Adani Power for Chhattisgarh project INOXAP begins specialty gas supply to ReNew’s solar PV cell plant…