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US Energy Department offers $22.92bn in loans to modernize energy systems
The US Department of Energy’s Loan Programs Office (LPO) has conditionally approved $22.92bn in financing for eight utilities across 12 states under the Energy Infrastructure Reinvestment (EIR) programme. Created by the Inflation Reduction Act, the programme aims to modernize energy infrastructure and reduce emissions. The loans will fund clean generation, transmission upgrades, energy storage, gas…
GE Hitachi advances BWRX-300 SMR to GDA Step 2 in UK
GE Vernova’s nuclear division, GE Hitachi Nuclear Energy (GEH), has reached a significant milestone with its BWRX-300 small modular reactor (SMR) technology, advancing to Step 2 of the Generic Design Assessment (GDA) in the UK.  The GDA process began in January 2024 with an initial focus on establishing the scope and schedule for Step 2,…
RECPDCL invites bids for three intra-state transmission projects in Maharashtra
REC Power Development and Consultancy Limited has issued three Requests for Proposal to select Transmission Service Providers for new intra-state transmission projects in Thane, Raigad and Dhule. The projects will support rising electricity demand from data centres, industrial users and renewable energy development across Maharashtra. Each project will be awarded through tariff-based competitive bidding on…
Sahaj Solar secures Rs 364.2 million solarisation project in Tripura
Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C. The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps. It also includes a five-year warranty, annual maintenance…
Good Energy to acquire solar installer Empower Energy
Renewable energy provider Good Energy Group has signed a conditional binding agreement to acquire Empower Energy, a commercial solar installation company, for an initial consideration of £7 million ($7.56 million). The acquisition, structured on a debt-free, cash-free basis, includes £6.25 million in cash and the allotment of 254,237 new ordinary shares in Good Energy at…
Nepal begins 40 MW power export to Bangladesh via Indian grid
Nepal has started supplying 40 MW of electricity to Bangladesh using India’s transmission system. The power flow began at midnight on June 15, 2025, according to the Nepal Electricity Authority (NEA). This follows a trilateral agreement signed on October 3, 2024, between Nepal, India, and Bangladesh. The agreement allows Nepal to export power to Bangladesh…
