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AboitizPower, UGEP sign solar PPA with Republic Cement in Bulacan

AboitizPower and Upgrade Energy Philippines (UGEP) have signed a long-term solar power purchase agreement (PPA) with Republic Cement & Building Materials (RCBM).  Their joint venture, Aboitiz Upgrade Solar (AUSI), will develop, build, and operate...

Sembcorp inaugurates 588 MW solar project in Oman

Sembcorp Industries has inaugurated the 588 MW Manah 2 Solar Independent Power Project in Manah, Oman, marking its first greenfield renewables development in the Middle East.  Backed by a 20-year 500 MW power purchase agreement with Nama Power and...

European Energy launches large-scale battery storage project in Denmark

European Energy, in collaboration with Kragerup Estate, has initiated its first large-scale battery storage project in Denmark. The battery, expected to begin test operations in Q1 2025, will support the integration of renewable energy into the power...

Vena Energy and LINE Yahoo sign VPPA for solar project in Japan

Vena Energy and LINE Yahoo Corporation (LYC) have signed a virtual power purchase agreement (VPPA) for the 72 MW Maniwa Solar Project, which will be built on a repurposed golf course in Maniwa City, Okayama Prefecture.  The project is expected to be...

PG&E secures $15bn loan guarantee for Project Polaris

Pacific Gas & Electric (PG&E) has secured a record $15 billion loan guarantee from the US Department of Energy (DOE).  The loan guarantee, the largest in the history of the DOE’s Loan Programs Office, will enable PG&E to expand hydropower...

TVA leads $800m SMR initiative to expedite Clinch River nuclear project

The Tennessee Valley Authority (TVA) will lead an $800 million application to the US Department of Energy’s Generation III+ small modular reactor (SMR) program.  The initiative, supported by Bechtel, BWX Technologies, and Duke Energy, aims to...

UKAEA invests £200m in fusion energy through LIBRTI programme

Photo: The LIBRTI facility: illustration with labels. Credit: United Kingdom Atomic Energy Authority. The UK Atomic Energy Authority (UKAEA) has announced a £200 million ($244 million) investment in the Lithium Breeding Tritium Innovation (LIBRTI)...

UEM Lestra secures agreements for 1GW hybrid solar project in Malaysia

UEM Lestra, a subsidiary of the UEM Group, has finalized agreements with off-takers for its 1GW hybrid solar power plant project under Malaysia’s Corporate Renewable Energy Supply Scheme (CRESS).  The project, located in Segamat, Johor, is part of...

Scatec enters 15-year CfD agreement for 190MW solar portfolio in Romania

Scatec has signed a 15-year contract-for-difference (CfD) agreement with Romanian electricity market operator Opcom to secure pricing for almost 70% of its 190MW solar portfolio in Romania.  The remaining electricity will be sold on the Romanian...

Convergent Energy secures loan for solar and BESS projects in Puerto Rico

Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico.  The funding is part of the Energy Infrastructure Reinvestment program, under the...

Indonesia to increase power capacity by 71 GW by 2034

Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment.  The government, in collaboration with PT PLN (Persero), will prioritize the development of transmission lines to support renewable...

Trump declares ‘national energy emergency,’ reverses policies to ‘drill, baby, drill!’

President Donald Trump announced the United States’ withdrawal from the Paris Climate Accord for the second time, citing it as a “one-sided rip-off.” The move, made after his swearing-in, also included a “national energy...

Trump halts new offshore wind leases, calls wind farms ‘big, ugly windmills’

President Donald Trump has temporarily suspended new federal leases for offshore wind energy projects, citing concerns over costs, aesthetics, and wildlife impacts.  The executive order mandates a comprehensive environmental and economic review of...

Taiwan cuts Taipower subsidy, raising electricity cost concerns

Taiwan has slashed its 2025 budget for Taiwan Power (Taipower) by T$100 billion ($3.1 billion), sparking fears of electricity price hikes that could affect industries, including global semiconductor manufacturers, Bloomberg reported. The Democratic...

JA Solar secures deal for Africa’s largest PV-storage project

JA Solar has signed a 1.25GW module supply agreement with China Energy Engineering Corporation (CEEC) for Africa’s largest photovoltaic (PV) and storage project in Egypt.  The agreement, finalized during the World Future Energy Summit 2025 in Abu...

SEFE and Höegh Evi to develop clean hydrogen supply chains in Europe

Securing Energy For Europe (SEFE) and marine infrastructure provider Höegh Evi have signed an MoU to establish international supply chains for clean hydrogen, with a focus on ammonia-based transportation. The collaboration will encompass sourcing...

AFRY secures FEED contract for 1GW Liivi Bay offshore wind farm

Enefit Green has selected AFRY to provide front-end engineering design (FEED) services for the 1GW Liivi Bay offshore wind farm in the Gulf of Riga, Estonia. The project aligns with Estonia’s renewable energy strategy and aims to enhance energy...

Plenitude acquires 49% stake in California solar and storage projects

Plenitude, through its US subsidiary Eni New Energy, has signed an agreement with EDP Renewables North America LLC to acquire a 49% equity stake in two photovoltaic plants and an electricity storage facility under construction in California, US. The...

Portugal plans 10GW offshore wind cluster in Atlantic Ocean

Portugal’s government is set to develop a 10GW offshore wind cluster in the Atlantic Ocean as part of its strategy for the country’s first offshore licence auction, scheduled for 2025. The plan, formulated by the Economy Ministry and the Environment...

Pertamina NRE acquires 20% stake in CREC for $115 million

Pertamina New & Renewable Energy (Pertamina NRE), a subsidiary of an Indonesian State-Owned Enterprise, has signed a share subscription agreement with Citicore Renewable Energy Corporation (CREC).  Pertamina NRE will acquire a 20% stake in CREC...

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Jupiter International begins work on solar ingot-wafer plant in Nagpur

Jupiter International has started work on a Rs 3,000 crore solar ingot and wafer manufacturing...

ADB approves $850 million loan to support India’s rooftop solar rollout

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Coal quality issues leave 1,700 MW unavailable at MAHAGENCO plants

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NPCIL, IIT Bombay partner on soil improvement technique for GHAVP 3 & 4

Nuclear Power Corporation of India Limited (NPCIL) and Indian Institute of Technology Bombay (IIT...

Vikran Engineering commissions 132 kV Miao–Namsai transmission line in Arunachal Pradesh

Vikran Engineering has commissioned the 132 kV Miao–Namsai Transmission Line in Arunachal Pradesh...

Pace Digitek signs EPC contract with NLC for 250 MW/500 MWh BESS in Tamil Nadu

Pace Digitek Limited has signed an Engineering, Procurement and Construction (EPC) contract with NLC...

Ampere partners Muthoot Capital to expand EV financing across India

Ampere, the electric two-wheeler brand of Greaves Electric Mobility Limited (GEML), has partnered...

L&T Q1 PAT rises 14% to Rs 4,123 crore; order book reaches Rs 778,954 crore

Larsen & Toubro Limited (L&T) reported consolidated Profit After Tax (PAT) of Rs 4,123 crore...

PFCCL incorporates SPV for 5×500 MVA Benachigere transmission project

PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited...

NCT’s new scheme to act as “shock absorber” for northern grid

The National Committee on Transmission (NCT) has approved a Rs 4,378 crore transmission scheme to...