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CFS plans world’s first commercial fusion power plant in Virginia

Author: PPD Team Date: 19/12/2024 Commonwealth Fusion Systems (CFS) has unveiled plans to build the world’s first grid-scale commercial fusion power plant, ARC, at the James River Industrial Park in Chesterfield County, Virginia.  The site, owned by...

Montenegro prioritizes EUR 1.38 billion energy projects for EU accession

Author: PPD Team Date: 19/12/2024 The Government of Montenegro has approved a list of 15 priority energy infrastructure projects worth EUR 1.38 billion. This fulfils chapter 21 – Trans-European Network – of the EU accession negotiations. The European...

Hydro One to develop key transmission line in northern Ontario

Author: PPD Team Date: 19/12/2024 Hydro One, in partnership with First Nations, will develop a critical 260km transmission line in northern Ontario, connecting the Wawa transformer station to the Porcupine station in Timmins. The Ontario Energy Board...

VCI Global plans 100 MW solar projects across Southeast Asia and Europe

Author: PPD Team Date: 18/12/2024 VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The...

Lightsource bp begins construction on Goulburn River Woolooga BESS

Author: PPD Team Date: 18/12/2024 Lightsource bp has commenced construction on its Goulburn River hybrid solar project and Woolooga battery energy storage system (BESS) in New South Wales and Queensland, Australia, respectively. These projects...

Arctech’s SkyLine II solar tracker powers Azerbaijan’s largest solar plant

Author: PPD Team Date: 18/12/2024 Arctech’s SkyLine II solar tracker system has been successfully used in Azerbaijan’s largest utility-scale solar project, a 312 MW plant located in the Garadagh Gobi Desert.  The Garadagh solar plant spans 550...

GE Vernova secures first H-Class natural gas order in Dominican Republic

Author: PPD Team Date: 18/12/2024 GE Vernova has secured its first order for H-Class natural gas-fired combined cycle power generation equipment in the Caribbean.  The equipment will be deployed at Generadora San Felipe Limited’s (GSF) new 470 MW San...

Qair and Etermar Energia partner to advance offshore wind in Iberian Peninsula

Author: PPD Team Date: 18/12/2024 Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects across the Iberian Peninsula. Etermar Energia signed the...

Japan unveils draft energy plan to boost renewables and nuclear power

Author: PPD Team Date: 18/12/2024 Japan’s industry ministry has released a draft of its new basic energy plan, targeting a power generation mix with 40–50% renewable energy and 20% nuclear energy by fiscal 2040, as reported by Jiji Press via The...

EIB provides €243m green loan to ERG Group for renewable projects

Author: PPD Team Date: 18/12/2024 The European Investment Bank (EIB) has committed €243m ($255m) to finance renewable energy projects by wind and solar operator ERG Group.  The funding will advance renewable energy development across Italy, France...

Apex Clean Energy secures financing for Prosperity Wind project

Author: PPD Team Date: 18/12/2024 Apex Clean Energy has secured financing for the Prosperity Wind project, a 300MW wind farm under construction in Piatt County, Illinois, US. The project, featuring 50 Vestas turbines, is supported by White...

Cubico reaches financial close for Wambo wind farm in Queensland

Author: PPD Team Date: 18/12/2024 Cubico Sustainable Investments has achieved financial close for the Wambo wind farm project in Queensland, Australia. The project comprises the 252MW Stage I and 254MW Stage II wind farms. Two separate five-year...

Tion Renewables acquires 104MW solar portfolio in Spain from EDPR

Author: PPD Team Date: 18/12/2024 Tion Renewables Group has completed a deal with EDP Renováveis (EDPR) to acquire a 104MW solar portfolio in Spain. The financial terms of the deal have not been disclosed. The portfolio consists of four operational...

Vireon Hydrogen secures €3.8 million grant for 5 MW electrolyser in Finland

Author: PPD Team Date: 17/12/2024 Vireon Hydrogen has received a €3.8 million grant from Business Finland to develop a 5 MW electrolyser facility at the Jyväskylä Hydrogen Hub in Finland. Phase one of the project focuses on constructing a hydrogen...

Solarvest partners with Vista to develop solar projects in SEA

Author: PPD Team Date: 17/12/2024 Solarvest Holdings Bhd has partnered with Singapore-based Vista Contracting and Investment Global Private Limited to develop rooftop and utility-scale solar projects in Malaysia, Brunei, Taiwan, and Cambodia. The...

EIB grants €225 million loan for Prologis solar energy project

Author: PPD Team Date: 16/12/2024 The European Investment Bank (EIB) has approved a €225 million framework loan to Prologis to support its initiative to generate electricity from low-carbon sources.  The project involves installing rooftop solar...

Hydrom and thyssenkrupp nucera collaborate on Oman’s green hydrogen expansion

Author: PPD Team Date: 16/12/2024 Hydrogen Oman (Hydrom) and thyssenkrupp nucera have signed a Memorandum of Understanding (MoU) to advance Oman’s green hydrogen sector.  The partnership will focus on exploring localisation opportunities and...

KEGOC secures KZT141 billion funding for West Kazakhstan project

Author: PPD Team Date: 16/12/2024 Kazakhstan Electricity Grid Operating Company (KEGOC) has signed loan agreements with the European Bank for Reconstruction and Development (EBRD) and the Development Bank of Kazakhstan for a total of KZT141 billion...

GE Hitachi advances BWRX-300 SMR to GDA Step 2 in UK

Author: PPD Team Date: 16/12/2024 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)...

NorthWestern acquires 10% stake in North Plains Connector HVDC project

Author: PPD Team Date: 16/12/2024 NorthWestern Energy has entered into a memorandum of understanding (MoU) with Grid United’s North Plains Connector to acquire a 10% stake in the 3GW HVDC transmission line project.  The 420-mile (676 km) transmission...

Recent Posts

Power Sector News Roundup for May 21, 2025

Author: PPD Team Date: 21/05/2025 Global: Fluxys, OQGN to jointly develop hydrogen network in Oman...

Goa plans Rs 11 billion investment in Verna, Tuem, and Kundaim substations

Author: PPD Team Date: 21/05/2025 The Electricity Department of Goa is planning to develop three new...

NLC approves JV with RRVUNL for Gurha thermal power project

Author: PPD Team Date: 21/05/2025 The Board of Directors of NLC India Limited has approved forming a...

Hinduja Renewables signs solar PPAs with Lloyd Metals

Author: PPD Team Date: 21/05/2025 HR Godavari Private Limited, the special purpose vehicle (SPV) of...

Fluxys, OQGN to jointly develop hydrogen network in Oman

Author: PPD Team Date: 21/05/2025 Fluxys and OQ Gas Networks SAOG (OQGN) have signed an agreement to...

MNRE clarifies ALMM exemptions for net billing and virtual metering models

Author: PPD Team Date: 21/05/2025 The Ministry of New and Renewable Energy (MNRE) has clarified that...

NTPC invites bids for geotechnical investigation works for nuclear projects

Author: PPD Team Date: 21/05/2025 NTPC Limited has invited bids for enlistment of agencies to carry...

Gepdec Infratech secures substation contract for Lalitpur solar park

Author: PPD Team Date: 21/05/2025 Gepdec Infratech Limited (GIL) has won a contract worth Rs 984.39...

ISGEC wins Rs 1.87 bn ESP upgrade contract at Kolaghat thermal plant

Author: PPD Team Date: 21/05/2025 ISGEC Heavy Engineering Limited has secured a contract valued at...

Siemens secures DCS contract for Suratgarh TPS renovation

Author: PPD Team Date: 21/05/2025 Siemens Limited has won a contract worth Rs 196.58 million for...