Author: PPD Team Date: 16/12/2024 Vestas has received a firm and unconditional order for the 1.1GW Inch Cape offshore wind project in Scotland from Inch Cape Offshore, a joint venture between ESB and Red Rock Renewables. The contract includes the...
Author: PPD Team Date: 16/12/2024 Masdar, an Abu Dhabi-based future energy company, has inaugurated the 500MW Zarafshan wind farm in Uzbekistan, marking the largest wind facility in Central Asia. The project was officially opened by Uzbekistan’s...
Author: PPD Team Date: 16/12/2024 Envision Energy has secured a significant order to supply three battery energy storage systems (BESS) for South Africa’s Oasis 1 cluster of projects, with a total capacity of 257MW and 1,028 megawatt hours (MWh) of...
Author: PPD Team Date: 13/12/2024 Japanese utility Kansai Electric Power has entered into a share purchase agreement with Iberdrola to acquire a 49% stake in the Windanker offshore wind farm project in Germany. Kansai’s subsidiary, Windanker...
Author: PPD Team Date: 13/12/2024 Spanish utility Iberdrola is considering the sale of its UK smart metering business, aiming to raise £1 billion ($1.27 billion), according to Reuters. The company is working with the Royal Bank of Canada as an...
Author: PPD Team Date: 13/12/2024 The British Office of Gas and Electricity Markets (Ofgem) has approved funding for several transmission infrastructure projects in Scotland, enabling SSEN Transmission to begin pre-construction activities such as...
Author: PPD Team Date: 13/12/2024 TotalEnergies has partnered with OQ Alternative Energy (OQAE) to develop 300 MW of renewable energy projects in Oman. The electricity generated will be supplied to Petroleum Development Oman (PDO) through long-term...
Author: PPD Team Date: 13/12/2024 Hygreen Energy has delivered a 25 MW electrolyser system to Huadian Weifang Power Generation Co., Ltd. The system, capable of producing 3.6 tonnes of hydrogen daily with 99.999 percent purity, will support...
Author: PPD Team Date: 13/12/2024 The UK Office of Gas and Electricity Markets (Ofgem) has proposed reforms to address household energy debts, which have surged to £4bn ($5.1bn). The regulator suggests changes such as introducing tariffs without...
Author: PPD Team Date: 13/12/2024 The Asian Development Bank (ADB) has sanctioned a $200 million loan to modernise Pakistan’s power distribution infrastructure. The initiative targets reducing energy losses, strengthening infrastructure resilience...
Author: PPD Team Date: 13/12/2024 China-based Solar N Plus New Energy Technology has secured a 500MW supply order for its high-efficiency N-type solar products, bolstering its position in the global renewable energy sector. Renowned for its advanced...
Author: PPD Team Date: 13/12/2024 Ørsted has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm in Taiwan to Cathay Life Insurance (CLI) and its affiliate Cathay Wind Power Holdings. The deal, valued at DKr11.6 billion ($1.6...
Author: PPD Team Date: 13/12/2024 Australia’s renewable energy sector is poised for expansion with 19 new projects announced under the Capacity Investment Scheme (CIS) Tender 1. These projects will add 6.4GW of clean energy to the national...
Author: PPD Team Date: 13/12/2024 Vestas has announced plans to transition its Isle of Wight factory in the UK from manufacturing offshore turbine blades to onshore blade production. The shift follows an agreement in principle with the UK government...
Author: PPD Team Date: 12/12/2024 The Angolan government has amended the General Electricity Law, officially ending the state’s monopoly on electricity transmission. This will enable private sector participation through public service concession...
Author: PPD Team Date: 12/12/2024 Serbia’s 2025 Budget Law introduces its first Green Budget annex, allocating EUR 1 billion to 64 projects aimed at environmental protection and energy efficiency. The budget earmarks EUR 528.4 million for...
Author: PPD Team Date: 12/12/2024 Greece has shifted from being a net importer to a net exporter of electricity, now regularly supplying up to a third of its daily production to neighbouring countries. Greek electricity exports reached 2 GW out of a...
Author: PPD Team Date: 12/12/2024 Albania has adopted a new law permitting the construction of solar and wind power plants on pastureland, a move driven by growing demand for renewable energy. The law allows photovoltaic (PV) panels to be mounted at...
Author: PPD Team Date: 12/12/2024 Montenegro aims to shut down the Pljevlja coal power plant by 2041 as part of its draft National Energy and Climate Plan (NECP). The plan was submitted by the Ministry of Energy to the Energy Community Secretariat...
Author: PPD Team Date: 12/12/2024 Major investors in ReNew Energy Global have proposed taking the clean power generator private in a deal valued at $2.82 billion. The consortium, which includes the Canada Pension Plan Investment Board and UAE-based...
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