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Viaro Energy to acquire Evoterra’s wind and oil assets in UK and Germany

Author: PPD Team Date: 23/12/2024 Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and...

Google signs 15-year PPA for 250 MW wind energy in Netherlands

Author: PPD Team Date: 23/12/2024 Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands.  Under this agreement, Google will purchase 250 MW...

Atlantica acquires 1.1 GW renewable energy development platform in US

Author: PPD Team Date: 23/12/2024 Atlantica Sustainable Infrastructure has acquired a development platform in the US, adding 1.1 GW of solar and wind projects in the MISO and SPP regions.  The portfolio includes projects in Illinois, Colorado...

GE Vernova to deliver HVDC system for South Korea’s largest power grid project

Author: PPD Team Date: 23/12/2024 GE Vernova Inc., through its joint venture KAPES, has been selected by Korea Electric Power Corporation (KEPCO) to provide an advanced high-voltage direct current (HVDC) system for South Korea’s largest power...

Vestas secures 225MW contracts in US, Germany and New Zealand

Author: PPD Team Date: 20/12/2024 Vestas has signed contracts for 225MW of wind turbine projects in the US, Germany, and New Zealand, as part of its Q4 2024 order intake. In the US, Vestas received an 86MW order from Brookfield Renewable for the...

Oklo and Switch sign historic 12GW clean power deal

Author: PPD Team Date: 20/12/2024 Switch has selected Oklo, a nuclear technology company, to deploy 12GW of Oklo Aurora powerhouse projects by 2044. The projects are part of a non-binding master power agreement, one of the largest corporate clean...

AfDB invests in climate tech in Sub-Saharan Africa

Author: PPD Team Date: 20/12/2024 The African Development Bank (AfDB) has committed USD 10 million from its Sustainable Energy Fund for Africa (SEFA) to the Persistent Africa Climate Venture Builder Fund (ACV Fund). This initiative supports climate...

EVN signs contract for Côn Đảo power connection

Author: PPD Team Date: 20/12/2024 Vietnam Electricity (EVN) has signed a VND4.923 trillion contract with PC1 Group and Power Engineering Consulting JSC 4 to connect Côn Đảo to the national grid. The project involves a 77.7 km 110kV submarine cable...

Neoen secures AUD 1.4 billion for Australian renewable energy projects

Author: PPD Team Date: 20/12/2024 Neoen has obtained AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets, effectively doubling its Australian renewable energy portfolio financing.  Eleven major lenders participated...

AMEA Power commissions 500 MW Abydos Solar PV plant in Egypt

Author: PPD Team Date: 20/12/2024 AMEA Power has commissioned the 500 MW Abydos Solar PV Plant in Egypt’s Aswan Governorate.  The plant will generate around 1,500 GWh of renewable energy annually, reducing carbon emissions by 782,300 tonnes...

GE Vernova delivers 3.4MW wind turbine to NREL for energy research

Author: PPD Team Date: 20/12/2024 GE Vernova’s Advanced Research Center has delivered a 3.4MW-140m wind turbine to the National Renewable Energy Laboratory (NREL) for energy research.  The wind turbine will serve as a research platform at NREL...

Romania signs EPC contract to extend life of Cernavoda NPP Unit 1

Author: PPD Team Date: 20/12/2024 Romanian state-owned nuclear power producer Nuclearelectrica has signed a €1.9 billion ($1.97 billion) engineering, procurement, and construction (EPC) contract to extend the life of Unit 1 at the Cernavoda nuclear...

Afreximbank funds hydropower project in DRC

Author: PPD Team Date: 19/12/2024 Afreximbank has signed a financing agreement for a 200 MW hydropower project along the Lufira River in the Democratic Republic of Congo (DRC), in partnership with Kipay Investments. This marks the bank’s first...

Envision Energy secures record wind contract in the Philippines

Author: PPD Team Date: 19/12/2024 Envision Energy has signed a 344.5MW wind turbine supply agreement for the Quezon North Wind project, making it the Philippines’ largest single wind power contract.  ACEN, the Ayala Group’s renewable...

Ørsted sells 50% stake in US solar and battery projects

Author: PPD Team Date: 19/12/2024 Ørsted has divested a 50% equity stake in three US solar and battery projects to Energy Capital Partners (ECP) for $572m. The projects include Mockingbird Solar (468MW) and Sparta Solar (250MW) in Texas, as well as...

Qcells achieves 28.6% efficiency in tandem solar cells

Author: PPD Team Date: 19/12/2024 Energy solutions provider Qcells has achieved a world record of 28.6% efficiency in tandem solar cells on a full-area M10-sized cell (~0.36ft²) through its research and development (R&D) pilot line in Germany. ...

Prysmian secures submarine cable projects in France

Author: PPD Team Date: 19/12/2024 Prysmian, a leading manufacturer of energy and telecom cables, has entered into a framework agreement with Réseau de Transport d’Électricité (RTE), France’s transmission system operator, to provide submarine...

Westinghouse Electric and Aecon partner to advance nuclear energy projects

Author: PPD Team Date: 19/12/2024 Westinghouse Electric Company and Aecon have signed two agreements to jointly develop and deploy advanced nuclear power projects, including the construction of AP1000 reactors in Canada. The collaboration is...

Sheringham Shoal and Dudgeon offshore wind farm extension projects to be developed jointly

Author: PPD Team Date: 19/12/2024 The Sheringham Shoal and Dudgeon offshore wind farm extension projects in Norfolk, UK, will be developed under a joint ownership structure, subject to regulatory approval. This will streamline the development process...

Canada extends net zero electricity grid target to 2050

Author: PPD Team Date: 19/12/2024 Canada has revised its target for achieving a net-zero electricity grid, extending the deadline from 2035 to 2050. This decision follows the release of the finalised Clean Electricity Regulations (CER), which were...

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...