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PAEC gets construction licence for 1.2 GW Chashma Nuclear Plant

Author: PPD Team Date: 31/12/2024 The Pakistan Atomic Energy Commission (PAEC) has received a construction licence from the Pakistan Nuclear Regulatory Authority (PNRA) for the 1.2 GW Chashma Nuclear Power Plant Unit 5 (C-5) in Punjab. PAEC’s...

Vistra connects solar projects in Illinois

Author: PPD Team Date: 30/12/2024 Vistra has connected two new utility-scale solar projects in Illinois to the grid as part of efforts to amend the retirement schedule for its 1,185 MW Baldwin Power Plant.  Originally set to retire in 2025, the plant...

SUN Energy secures USD 10 million facility from SMBC Indonesia

Author: PPD Team Date: 27/12/2024 SUN Energy has partnered with PT Bank SMBC Indonesia to obtain a USD 10 million Multi Option Trade Facility.  The financing will support raw material procurement and expand solar energy projects in Indonesia’s...

JERA-led consortium to operate offshore wind project in Japan

Author: PPD Team Date: 27/12/2024 JERA Co., Inc., Green Power Investment Co., Ltd. (GPI), and Tohoku Electric Power Co., Inc. (Tohoku Electric) have formed a consortium led by JERA to operate a 615 MW offshore wind project in the Sea of Japan, off...

Trinasolar partners with AMEA Power for Egypt’s first utility-scale BESS

Author: PPD Team Date: 27/12/2024 Chinese solar photovoltaic (PV) module maker Trinasolar has partnered with AMEA Power to deploy its Elementa 2 platform for Egypt’s 300MWh Abydos Solar PV project.  The project marks the country’s first...

Japan’s new energy policy aims for 50% renewables, 20% nuclear by 2040

Author: PPD Team Date: 26/12/2024 A government panel of experts has largely supported Japan’s new energy policy, which aims to meet growing power demands by expanding renewables to 40-50% of electricity needs and increasing nuclear power’s share to...

Nozomi Energy acquires 312 MW solar portfolio in Japan

Author: PPD Team Date: 26/12/2024 Nozomi Energy, a Japanese renewable energy company and an Actis subsidiary, has acquired a portfolio of 12 operational solar projects, totalling 312 MW.  These projects, which range from 1 MW to over 60 MW, are...

Huawei signs deal to supply 4.5GWh battery storage in Philippines

Author: PPD Team Date: 26/12/2024 Huawei has signed an agreement with the Meralco Terra Solar project in the Philippines to supply a 4.5GWh battery energy storage system.  This marks Huawei’s largest energy storage project, integrating containerized...

EWEC to develop 4.5GW renewable energy projects in Abu Dhabi

Author: PPD Team Date: 26/12/2024 Emirates Water and Electricity Company (EWEC) has received approval to develop four new renewable energy sites in Abu Dhabi, UAE. The sites, covering around 75 km², will accommodate solar photovoltaic (PV) and wind...

TPG Rise Climate in talks to acquire Altus Power

Author: PPD Team Date: 26/12/2024 TPG Rise Climate, the climate investment arm of TPG, is in discussions to acquire US-based solar developer Altus Power, according to Reuters sources.  The deal, which could be formalized in the coming weeks, is not...

Hitachi Energy secures contracts for HVDC converter stations in Germany

Author: PPD Team Date: 24/12/2024 Hitachi Energy has won contracts worth over €2bn ($2.08bn) with Amprion, a German transmission system operator, to supply four converter stations for two high-voltage direct-current (HVDC) links, V48 and V49.  These...

Orlen signs €244m deal with EIB for renewable energy grid expansion

Author: PPD Team Date: 24/12/2024 Orlen has secured a second agreement with the European Investment Bank (EIB) for nearly 1bn zlotys ($244m) to fund its strategic electricity distribution network programme.  The investment will enhance renewable...

EDF connects Flamanville 3 nuclear reactor to France’s power grid

Author: PPD Team Date: 24/12/2024 EDF has integrated the Flamanville 3 nuclear reactor into France’s national power grid, marking the first expansion of the country’s nuclear network in 25 years.  The reactor was connected on 21 December 2024...

Iberdrola secures green loan for photovoltaic plant in Sicily

Author: PPD Team Date: 24/12/2024 Iberdrola has finalized a €100m ($103m) green loan agreement with the European Investment Bank (EIB), guaranteed by SACE under the Archimede scheme, to construct a new photovoltaic plant in Sicily, Italy.  This marks...

LCCC signs three contracts under UK hydrogen round

Author: PPD Team Date: 24/12/2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model.  These initial...

ERC approves NGCP transmission projects in Philippines

Author: PPD Team Date: 24/12/2024 The Philippines Energy Regulatory Commission (ERC) has approved two transmission projects by the National Grid Corporation of the Philippines (NGCP), the private operator of the country’s transmission network. The...

EIB and EDP secure €700m loans for renewables and grid expansion

Author: PPD Team Date: 23/12/2024 The European Investment Bank (EIB) and Portuguese utility EDP have signed two loan agreements worth €700 million ($726.8 million) to fund renewable energy projects and expand the power grid in southern Europe. A €500...

The Nuclear Company seeks contractors for 6GW nuclear project in US

Author: PPD Team Date: 23/12/2024 The Nuclear Company has issued a solicitation of interest to contractors for its 6GW nuclear power initiative across the United States. The project adopts a “design once, build many” strategy, leveraging...

Excelsior Energy Capital signs 7.5GWh agreement with LG Energy Solution Vertech

Author: PPD Team Date: 23/12/2024 Excelsior Energy Capital has entered a multi-year agreement with LG Energy Solution Vertech for a 7.5 gigawatt hour (GWh) reservation to support its US clean energy projects.  This agreement ensures a steady supply...

Hanwha Qcells secures $1.45bn loan guarantee for US solar manufacturing facility

Author: PPD Team Date: 23/12/2024 Hanwha Qcells Georgia has secured a $1.45 billion loan guarantee from the US Department of Energy’s Loan Programs Office (LPO) to fund the development of a solar supply chain facility in Cartersville, Georgia.  This...

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...