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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...

Nexamp and Walmart partner to develop 31 community solar projects across US

Author: PPD Team Date: 19/12/2024 Nexamp has announced a partnership with Walmart to develop 31 community solar projects across the United States, expected to generate over 120 MW (DC) of renewable energy.  This collaboration is their second...

CIP acquires majority stake in Toqlukuti’k Wind & Hydrogen project

Author: PPD Team Date: 19/12/2024 Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), has acquired a majority stake in the Toqlukuti’k Wind & Hydrogen project, a large-scale onshore wind and hydrogen...

KEPCO completes ±150 kV HVDC project connecting Wando and Jeju

Author: PPD Team Date: 19/12/2024 Korea Electric Power Corporation (KEPCO) has completed the ±150 kV Wando–Dongjeju high voltage direct current (HVDC) project, enhancing the power supply to Jeju Island. The project, with a capacity of 200 MW...

Alternus Clean Energy acquires LiiON for $5 million

Author: PPD Team Date: 19/12/2024 Alternus Clean Energy has finalized the acquisition of LiiON, LLC through an asset purchase agreement executed by one of its US subsidiaries. The $5 million deal combines debt and equity, granting Alternus LiiON’s...

Vietnam and Singapore to collaborate for electricity export

Author: PPD Team Date: 19/12/2024 Vietnam and Singapore are set to collaborate on an offshore wind (OSW) power project that will export electricity from Vietnam to Singapore starting in 2030. The announcement was made during a meeting between...

ABB to acquire Gamesa Electric’s power electronics business in Spain

Author: PPD Team Date: 19/12/2024 ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa.  This acquisition will strengthen ABB’s position in the growing market for high-powered renewable...

US DoE offers $15 billion loan commitment to PG&E

Author: PPD Team Date: 19/12/2024 The US Department of Energy (DoE) has provided a conditional commitment for a $15 billion loan to California-based electric utility PG&E.  If finalized by the DoE’s Loan Programs Office (LPO), the loan will...

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...

Recent Posts

Power Sector News Roundup for July 4, 2025

Author: PPD Team Date: 04/07/2025 Global: Ofgem approves £24bn plan to upgrade UK energy networks US...

US Senate passes bill to cut clean energy tax credits by 2026

Author: PPD Team Date: 04/07/2025 In a tight 51–50 vote, the US Senate has passed the One Big...

Ofgem approves £24bn plan to upgrade UK energy networks

Author: PPD Team Date: 04/07/2025 Ofgem has cleared £24bn ($32bn) for upgrades to strengthen UK...

Adani Power in race for 2,400 MW Pirpainti project in Bihar

Author: PPD Team Date: 04/07/2025 Adani Power Limited (APL) is among four firms competing for the...

MCX to launch monthly electricity futures from July 10

Author: PPD Team Date: 04/07/2025 The Multi Commodity Exchange of India (MCX) will introduce monthly...

Bangladesh pays $437 million to Adani Power

Author: PPD Team Date: 04/07/2025 Bangladesh paid USD 437 million to Adani Power Limited in June...

CEA and IIT Roorkee sign MoU for joint work on power sector research

Author: PPD Team Date: 04/07/2025 On July 1, 2025, the Central Electricity Authority (CEA) and IIT...

India plans battery electric truck shift to cut freight emissions

Author: PPD Team Date: 04/07/2025 On 1 July 2025, the Office of the Principal Scientific Adviser...

Oswal Energies receives first electrolyser for green hydrogen project

Author: PPD Team Date: 04/07/2025 Oswal Energies Limited has kicked off its Rs 3.2 billion green...

KSB secures pump supply contract for thermal projects

Author: PPD Team Date: 04/07/2025 KSB Limited has won a contract from Larsen & Toubro Limited...