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Europe pushes to boost industrial competitiveness and decarbonization

Author: PPD Team Date: 12/12/2024 Eurelectric, along with CEFIC (European chemicals) and European Aluminium, have outlined six key measures for improving Europe’s industrial competitiveness and advancing its decarbonization efforts.  The...

Eemshaven Port chosen for OranjeWind offshore wind project

Author: PPD Team Date: 12/12/2024 RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind.  Located in the northern Groningen province...

Zimbabwe secures $250m for floating solar project at Kariba Dam

Author: PPD Team Date: 12/12/2024 Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project...

Acadia leads $9bn renewable energy initiative with Microsoft

Author: PPD Team Date: 12/12/2024 US-based investor Acadia Infrastructure Capital, along with major companies including Microsoft, has launched a $9 billion initiative to develop renewable energy projects across the United States.  The initiative...

Solar Landscape raises $847 million for rooftop solar projects

Author: PPD Team Date: 12/12/2024 Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024.  This funding will support the deployment of over 200 rooftop solar...

Technip Energies and GE Vernova secure Net Zero Teesside power project

Author: PPD Team Date: 11/12/2024 Technip Energies, GE Vernova, and Balfour Beatty have been awarded the engineering, procurement, and construction contract for the Net Zero Teesside Power (NZT Power) project, the world’s first gas-fired power plant...

Intersect Power, Google, and TPG Rise Climate to build clean energy

Author: PPD Team Date: 11/12/2024 Intersect Power has partnered with Google and TPG Rise Climate to co-locate renewable energy infrastructure with data centres, aiming to meet the growing demand for clean power while reducing reliance on...

Nextracker delivers first 100% US-manufactured solar trackers under IRA

Author: PPD Team Date: 11/12/2024 Solar tracker provider Nextracker has announced the delivery of its first US-manufactured solar trackers, achieving 100% domestic content value under the Inflation Reduction Act (IRA). This marks a key advancement in...

Recurrent Energy secures PPA for 300MW solar project in Spain

Author: PPD Team Date: 11/12/2024 Canadian Solar subsidiary Recurrent Energy has signed a ten-year power purchase agreement (PPA) with a US-based technology company for renewable energy from its Tordesillas solar photovoltaic (PV) project in...

SSEN Transmission plans £22bn investment for 2026-2031

Author: PPD Team Date: 11/12/2024 SSEN Transmission, a subsidiary of SSE, plans to invest at least £22 billion ($28 billion) in grid infrastructure between April 2026 and March 2031.   The proposed investment aligns with the Revenue = Incentives +...

California Resources partners with Net Power for low-carbon power projects

Author: PPD Team Date: 11/12/2024 California Resources Corporation (CRC), its carbon management arm Carbon TerraVault (CTV), and Net Power have signed a memorandum of understanding (MoU) to advance low-carbon energy solutions in California.  The...

EU approves €2.6bn support for Estonia’s offshore wind sector

Author: PPD Team Date: 11/12/2024 The European Commission (EC) has approved a €2.6 billion ($2.7 billion) scheme to support Estonia’s offshore wind energy sector, advancing the country’s goal of achieving net-zero emissions.  This initiative...

Davidson Kempner and NIC acquire Greencells’ solar and storage platform

Author: PPD Team Date: 11/12/2024 Davidson Kempner Capital Management and Nature Infrastructure Capital (NIC) have jointly acquired Greencells Group’s Netherlands-based solar and storage project development platform.  The platform specializes in...

Iberdrola secures licence for 274 MW wind project in Portugal

Author: PPD Team Date: 11/12/2024 Iberdrola has received a production licence from the Portuguese Directorate-General for Energy and Geology (DGEG) for a 274 MW wind project in Vila Real and Braga.  The project involves an investment of €350 million...

Arevon Energy starts up Eland 1 Solar plus Storage Project in California

Author: PPD Team Date: 11/12/2024 Arevon Energy has announced the commencement of operations at its 384 MWdc Eland 1 Solar plus Storage Project in Kern County, California.  The project includes a 150 MW/600 MWh energy storage system. The second...

TNB and Sembcorp to export 50 MW renewable energy to Singapore

Author: PPD Team Date: 11/12/2024 Tenaga Nasional Bhd (TNB) and Sembcorp Power Private Limited have signed an agreement for Malaysia’s first renewable energy export to Singapore, with the supply of 50 MW of electricity. This agreement follows the...

Jacobs partners with Terra Solar for energy project in Philippines

Author: PPD Team Date: 11/12/2024 Jacobs has joined hands with Terra Solar Philippines Incorporation for a $3.3 billion energy project aimed at meeting 12% of the Philippines’ energy demand. The initiative features a 3.5 GW solar plant and 4.5...

EU to prioritize geothermal energy to reduce reliance on Russian gas

Author: PPD Team Date: 11/12/2024 The European Union plans to promote geothermal energy to replace Russian gas and lower energy costs, according to a draft document. At an upcoming meeting in Brussels, the 27 EU member states are expected to endorse...

BP and JERA to form offshore wind joint venture

Author: PPD Team Date: 11/12/2024 BP and Japanese power generator JERA have announced a joint venture to create one of the world’s largest offshore wind operators, reported Reuters.  The 50-50 partnership, named JERA Nex bp, will combine their...

Canada announces C$1 billion funding for clean energy projects

Author: PPD Team Date: 11/12/2024 The government of Canada has allocated C$1 billion ($707 million) in funding for clean electricity projects in the New Brunswick region.  The initiative, in collaboration with the Canada Infrastructure Bank (CIB)...

Recent Posts

Power Sector News Roundup for June 18, 2025

Author: PPD Team Date: 18/06/2025 Global: Kazakhstan selects Rosatom and CNNC to build first nuclear...

Kazakhstan selects Rosatom and CNNC to build first nuclear plants

Author: PPD Team Date: 18/06/2025 Kazakhstan has chosen Russia’s Rosatom and China’s CNNC (China...

Andritz to supply E&M systems for Adani’s 1,500 MW Tarali PSP

Author: PPD Team Date: 18/06/2025 Andritz has secured a contract from Adani Green Energy Limited...

Haryana’s vehicle curbs and EV shift to impact electricity demand

Author: PPD Team Date: 18/06/2025 The Government of Haryana has announced a phased action plan to...

REC incorporates SPV for Rajgarh–Neemuch transmission project

Author: PPD Team Date: 18/06/2025 REC Power Development and Consultancy Limited (RECPDCL), a wholly...

Nepal begins 40 MW power export to Bangladesh via Indian grid

Author: PPD Team Date: 18/06/2025 Nepal has started supplying 40 MW of electricity to Bangladesh...

CG Power wins its largest-ever single order of Rs 641 crore

Author: PPD Team Date: 18/06/2025 CG Power and Industrial Solutions Limited has secured its...

CERC proposes first amendment to power market regulations, 2025

Author: PPD Team Date: 18/06/2025 The Central Electricity Regulatory Commission (CERC) has issued a...

NTPC declares COD of Unit-3 at North Karanpura TPP in Jharkhand

Author: PPD Team Date: 18/06/2025 NTPC Limited has declared the Commercial Operation Date (COD) for...

PFCCL incorporates three new SPVs for key transmission projects

Author: PPD Team Date: 18/06/2025 PFC Consulting Limited (PFCCL) has incorporated three new special...