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Enefit Green and Sumitomo partner for offshore wind farm in Baltic Sea

Author: PPD Team Date: 21/02/2025 Enefit Green and Sumitomo Corporation have signed an agreement to jointly develop the Liivi Bay offshore wind farm in the Gulf of Riga, Baltic Sea. As part of the deal, Enefit Green will sell a 50% stake in Liivi...

Japan approves new climate and energy policies targeting 2040 emissions cuts

Author: PPD Team Date: 21/02/2025 Japan’s government has approved new climate, energy, and industrial policies aimed at reducing greenhouse gas (GHG) emissions by 2040, Reuters reported. The strategy focuses on decarbonisation, energy security, and...

TotalEnergies, Masdar, EPointZero partner for clean energy in Africa and Asia

Author: PPD Team Date: 21/02/2025 TotalEnergies, Masdar, and EPointZero have signed a framework for action agreement to enhance clean energy access in Africa and Asia.  The collaboration follows a meeting between UAE President Sheikh Mohamed bin...

China’s clean energy investment reaches $940bn in 2024

Author: PPD Team Date: 21/02/2025 China’s clean energy investments in 2024 totalled 6.8 trillion yuan ($940 billion), approaching the $1.12 trillion global investment in fossil fuels, according to a new analysis by UK-based Carbon Brief. Despite a...

ACWA Power signs PPA for 2 GW wind project in Egypt

Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project...

BYD secures 12.5 GWh energy storage contracts in Saudi Arabia

Author: PPD Team Date: 20/02/2025 BYD Energy Storage and Saudi Electricity Company have signed contracts for 12.5 GWh of grid-scale energy storage projects. Combined with a previously delivered 2.6 GWh project, the total collaboration between the two...

Laos signs agreement for Nong wind project to supply Vietnam

Author: PPD Team Date: 20/02/2025 The Government of Laos has signed an agreement with Chitchareune Construction to develop the 1,200 MW Nong wind power project in Savannakhet province, Vietnam, with an investment of USD 1.9 billion. The...

South Sudan-Uganda Power Interconnection Project secures AfDB, EU funding

Author: PPD Team Date: 19/02/2025 The governments of South Sudan and Uganda, in collaboration with the Nile Basin Initiative, have secured major funding from the African Development Fund (AfDB) and the European Union (EU) for the South Sudan-Uganda...

GreenGo Energy to develop green hydrogen project in Mauritania

Author: PPD Team Date: 19/02/2025 GreenGo Energy has signed an agreement to develop the Megaton Moon Green Hydrogen Project in Mauritania. The agreement grants GreenGo Energy access to over 100,000 hectares of land near Nouakchott for the...

Aslan Energy signs MoU to supply hydrogen to CalYan XGH

Author: PPD Team Date: 18/02/2025 Aslan Energy Capital has signed a memorandum of understanding (MoU) to supply 100,000 tonnes per annum (TPA) of sustainable hydrogen to CalYan XGH.  The green hydrogen will be sourced from Aslan Energy Capital’s...

Eurus Energy begins commercial operation of Ashikawa Wind Farm

Author: PPD Team Date: 18/02/2025 Eurus Energy Holdings Corporation (Eurus Energy) has commenced the commercial operation of the Ashikawa Wind Farm in Toyotomi Town, Hokkaido. With a capacity of 128.8 MW, this wind farm is part of the larger Dohoku...

Adani Green withdraws from two wind projects in Sri Lanka

Author: PPD Team Date: 17/02/2025 Adani Green Energy, part of India’s Adani Group, has decided to withdraw from two proposed wind power projects in Sri Lanka due to financial challenges. The decision follows recent discussions with the Sri Lankan...

Global electricity demand to rise 4% annually until 2027

Author: PPD Team Date: 17/02/2025 According to the International Energy Agency (IEA), global electricity demand is projected to grow by 4% each year until 2027, equating to more than Japan’s total consumption. This growth will be primarily offset by...

Construction begins on subsea electricity superhighway

Author: PPD Team Date: 17/02/2025 Iberdrola announced that construction of the Eastern Green Link 1, a subsea electricity superhighway, has officially started.  The £2.5 billion project is a joint venture between SP Energy Networks and National Grid...

WestWind Energy signs lease agreement for wind farm project in Australia

Author: PPD Team Date: 14/02/2025 WestWind Energy has signed a lease agreement with the New South Wales government for the construction of the Lake Victoria wind farm, a project set to be developed over 2-3 years, from 2029 to 2032.  The wind farm is...

Iraq finalizes agreement with Linxon for 400 kV substation rehabilitation

Author: PPD Team Date: 13/02/2025 The Iraqi Ministry of Electricity has finalized agreements with Linxon to rehabilitate three 400 kV bulk supply point substations located in North and South Baghdad and Diyala. Linxon, a company formed by combining...

UK unveils Clean Industry Bonus to support offshore wind projects

Author: PPD Team Date: 13/02/2025 The UK has launched the Clean Industry Bonus (CIB), a new incentive scheme aimed at supporting offshore wind projects and advancing the country’s goal of decarbonising its energy system by 2030. Set out in the...

US power consumption forecasted to hit record levels in 2025 and 2026

Author: PPD Team Date: 13/02/2025 The US Energy Information Administration (EIA) has forecast that power consumption in the United States will reach record levels in 2025 and 2026. The surge is attributed to the growing electricity demand from data...

Ukraine’s parliament approves purchase of Russian-made reactors

Author: PPD Team Date: 13/02/2025 Ukraine’s parliament has approved the purchase of two Russian-made reactors from Bulgaria for the Khmelnytskyi Nuclear Power Plant, as confirmed by lawmaker Yaroslav Zhelezniak on February 11, 2025. President...

Morocco commissions 400 kV transmission lines for Midelt solar plant

Author: PPD Team Date: 12/02/2025 Morocco’s Office National de l’Electricité et de l’Eau Potable has commissioned two 400 kV transmission lines linking the El Ouali substation in the Fez region to the upcoming Midelt solar plant.  The lines, spanning...

Recent Posts

Power Sector News Roundup for February 21, 2025

Author: PPD Team Date: 21/02/2025 Global: China’s clean energy investment reaches $940bn in 2024...

The future of wind energy: Rising costs, shifting markets, and global divides

  The entire world is grappling with geopolitical uncertainty due to the prolonged war between...

Enefit Green and Sumitomo partner for offshore wind farm in Baltic Sea

Author: PPD Team Date: 21/02/2025 Enefit Green and Sumitomo Corporation have signed an agreement to...

RenewSys to supply 72.5 MWp TOPCon solar modules to Radiance Renewables

Author: PPD Team Date: 21/02/2025 RenewSys has secured a contract to manufacture and supply 72.5 MWp...

Vikram Solar expands capacity to 4,500 MW

Author: PPD Team Date: 21/02/2025 Vikram Solar Limited has increased its manufacturing capacity by...

NTPC and Bharat Light partner for green hydrogen and carbon capture

Author: PPD Team Date: 21/02/2025 NTPC Green Energy Limited (NGEL) and Bharat Light and Power...

Waaree wins solar module supply contract for 250 MW NHPC project

Author: PPD Team Date: 21/02/2025 Waaree Renewable Energy Technologies Limited, formerly Sangam...

Matel partners with Honda Power for EV battery-swapping solutions

Author: PPD Team Date: 21/02/2025 Matel Motion & Energy Solutions Private Limited has partnered...

Japan approves new climate and energy policies targeting 2040 emissions cuts

Author: PPD Team Date: 21/02/2025 Japan’s government has approved new climate, energy, and...

Anvil Cables and Wirepas deploy cloud-based prepaid metering in India

Author: PPD Team Date: 21/02/2025 Anvil Cables Private Limited, an Indian manufacturer of wires and...