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Sunfire secures €200m financing to scale electrolysis technology

Author: PPD Team Date: 08/01/2025 German electrolysis manufacturer Sunfire has secured €200 million ($207.6 million) in guaranteed financing to advance its electrolysis technology. The financing is provided by a consortium led by Commerzbank...

Fox Squirrel Solar project reaches full operational status in Ohio

Author: PPD Team Date: 08/01/2025 The 577MW Fox Squirrel Solar project in Madison County, Ohio, has reached full operational status.  Developed by EDF Renewables and co-owned with Enbridge, the facility is one of the largest utility-scale solar...

Hithium and Samsung C&T partner for global energy storage solutions

Author: PPD Team Date: 08/01/2025 Chinese energy storage provider Hithium has entered into a global partnership with Samsung C&T Engineering & Construction Group to capitalize on the increasing demand for energy storage solutions.  This...

CHN Energy connects PV-hydrogen-storage project to grid

Author: PPD Team Date: 08/01/2025 CHN Energy’s Guohua Energy Investment Co., Ltd. has successfully connected its 400 MW Rudong Integrated Photovoltaic (PV)-hydrogen-storage project to the grid.  Located in Rudong County’s Yudong Reclamation Area, the...

Vietnam adjusts Power Development Plan VIII for waste-to-energy projects

Author: PPD Team Date: 07/01/2025 The Ministry of Industry and Trade (MoIT) of Vietnam is revising its Power Development Plan VIII (PDP VIII) to incorporate waste-to-energy projects.  The revision will integrate local government proposals, focusing...

EC approves EEW Offshore Wind EU acquisition

Author: PPD Team Date: 07/01/2025 The European Commission (EC) has approved the joint control acquisition of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation.  The collaboration involves German and Japanese entities...

AMEA Power secures two 300MW BESS projects in South Africa

Author: PPD Team Date: 07/01/2025 UAE-based renewable energy developer AMEA Power has secured two battery energy storage system (BESS) projects in South Africa, each with over 300 megawatt-hours of capacity. The Gainfar and Boitekong projects...

Renalfa IPP acquires 258 MW solar project in Romania

Author: PPD Team Date: 07/01/2025 Vienna-based renewable energy company Renalfa IPP has acquired a 258MWac solar photovoltaic (PV) project in Teleorman, Romania, slated for commercial operation by 2027. The project aims to advance Romania’s...

CIB invests $224.2m in Goose Harbour Lake Wind Farm in Nova Scotia

Author: PPD Team Date: 07/01/2025 The Canada Infrastructure Bank (CIB) has committed $224.2 million in loans to support the $450 million Goose Harbour Lake Wind Farm project in Guysborough County, Nova Scotia.  Developed by Port Hawkesbury Paper Wind...

Final rules for U.S. clean hydrogen tax credit released

Author: PPD Team Date: 07/01/2025 The U.S. Department of the Treasury and Internal Revenue Service (IRS) have issued final regulations for the section 45V Clean Hydrogen Production Tax Credit.  Established by the Inflation Reduction Act, the credit...

US to remove restrictions on Indian nuclear entities

Author: PPD Team Date: 07/01/2025 The US Government is taking steps to lift restrictions on Indian nuclear entities to strengthen energy relations and reinforce the 2005 nuclear deal.  US National Security Advisor Jake Sullivan stated that the US is...

ELUPRO partners with Oman and Thailand firms for green ammonia production

Author: PPD Team Date: 06/01/2025 ELUPRO has signed agreements with Oman’s Muscat House and Thailand’s MA Corporation to collaborate on producing, supplying, and selling green ammonia.  The agreement includes plans to construct a green...

EBRD funds 500 kV transmission line in Uzbekistan

Author: PPD Team Date: 06/01/2025 The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line...

Tanzania prepares for Africa Energy Summit 2025

Author: PPD Team Date: 06/01/2025 Tanzania will host the African energy summit on January 27–28 in Dar es Salaam, bringing together heads of government and over 1500 executives from multilateral agencies, the private sector, and diplomats.  The...

Greg Skinner acquires 50% stake in Ethical Power Group

Author: PPD Team Date: 06/01/2025 Greg Skinner, a private investor, has acquired a 50% share of Ethical Power Group from Hive Energy.  As part of the deal, Skinner will provide an additional £15 million working capital loan to support the company’s...

Arctech to supply 1.5GW solar trackers for Al Ajban PV project

Author: PPD Team Date: 06/01/2025 Arctech, a solar equipment manufacturer, has secured a deal to supply 1.5GW of its SkyLine II single-axis solar tracking system to PowerChina for the Al Ajban solar photovoltaic (PV) project in the UAE.  Located in...

Nexans divests AmerCable to Mattr for $280 million

Author: PPD Team Date: 06/01/2025 French cable manufacturer Nexans has completed the sale of AmerCable, a specialist in electrical power, control, and instrumentation cables, to Mattr for $280 million.  The move aligns with Nexans’ focus on its...

PacificLight Power to build 600 MW hydrogen-ready CCGT plant in Singapore

Author: PPD Team Date: 06/01/2025 PacificLight Power has secured approval from Singapore’s Energy Market Authority (EMA) to construct a 600 MW hydrogen-ready combined-cycle gas turbine (CCGT) facility on Jurong Island. Operations are slated to...

BOEM considers offshore wind leasing off Guam

Author: PPD Team Date: 06/01/2025 The US Bureau of Ocean Energy Management (BOEM) has launched a process to consider offshore wind energy leasing off the coast of Guam, a US Pacific territory. A Call for Information and Nominations has been issued to...

Northleaf Capital exits Mula solar plant in Spain

Author: PPD Team Date: 03/01/2025 Northleaf Capital Partners has sold its majority stake in the 494 megawatts peak (MWp) Mula photovoltaic solar plant in Murcia, Spain, to China Three Gorges Spain, a subsidiary of the China Three Gorges Corporation. ...

Recent Posts

Power Sector News Roundup for April 9, 2025

Author: PPD Team Date: 09/04/2025 Global: UK shortlists 27 projects under second hydrogen allocation...

UK shortlists 27 projects under second hydrogen allocation round

Author: PPD Team Date: 09/04/2025 The UK government has shortlisted 27 hydrogen-powered projects in...

NTPC-CEB joint venture begins 50 MW solar project in Sri Lanka

Author: PPD Team Date: 09/04/2025 Trincomalee Power Company Limited (TPCL), a 50:50 joint venture...

Hero Future Energies to supply 120 MW renewable power to SJVN

Author: PPD Team Date: 09/04/2025 Hero Future Energies (HFE) has signed a power purchase agreement...

Kundan Green Energy acquires 11.5 MW waste-to-energy plant in Jabalpur

Author: PPD Team Date: 09/04/2025 Kundan Green Energy has taken over an 11.5 MW operational...

NTPC Green and MAHAPREIT form JV for 10,000 MW renewable projects

Author: PPD Team Date: 09/04/2025 NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of...

BPCL and Sembcorp form JV for renewable energy and green hydrogen

Author: PPD Team Date: 09/04/2025 Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green...

Karnataka to set up transmission system for 2,000 MW Sharavathi pumped storage project

Author: PPD Team Date: 09/04/2025 The Government of Karnataka has issued an order to establish the...

KPI Green terminates 66.2 MW CPP hybrid project with Sai Infinium

Author: PPD Team Date: 09/04/2025 KPI Green Energy Limited has terminated the Letter of Award (LoA)...

Websol to supply 100 MW MONO PERC solar cells to Luminous Power

Author: PPD Team Date: 09/04/2025 Websol Energy Systems Private Limited has signed a purchase...