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Petrolimex and ADB partner to support Vietnam’s energy transition

Author: PPD Team Date: 04/03/2025 The Vietnam National Petroleum Group (Petrolimex) has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to promote energy transition in Vietnam.  Under the agreement, ADB will help...

Jordan’s NEPCO secures EUR67.1 million from EBRD and EU

Author: PPD Team Date: 03/03/2025 Jordan’s state-owned transmission system operator, National Electric Power Company (NEPCO), has secured a EUR67.1 million financing package from the European Bank for Reconstruction and Development (EBRD) and the...

China’s thorium reserves could sustain its energy needs indefinitely

Author: PPD Team Date: 03/03/2025 A national survey suggests China’s thorium reserves may be far larger than estimated, potentially transforming global energy production. A recently declassified report details findings from a survey that concluded in...

Renewable energy cannibalization lowers solar market revenues in Europe

Author: PPD Team Date: 28/02/2025 Photovoltaics (PV) and wind now dominate Europe’s power generation, surpassing fossil fuels, according to the latest Enervis report. However, increasing cannibalization of renewable energy is reducing market...

AMEA Power to develop 1500 MWh BESS in Egypt

Author: PPD Team Date: 27/02/2025 AMEA Power has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop two standalone battery energy storage systems (BESS) with a total capacity of 1500 megawatt-hours (MWh). Under...

Kenya Power invests KES1 billion to upgrade electricity infrastructure

Author: PPD Team Date: 26/02/2025 Kenya Power has announced an investment of KES1 billion to expand and enhance electricity infrastructure across eleven counties in the Nyanza and western regions. The funds will support the construction of new power...

China’s Yarlung Tsangpo hydropower plan: A test for India’s reaction?

Author: PPD Team Date: 25/02/2025 China has approved a hydropower project on the Yarlung Tsangpo River in Tibet, which flows into India as the Brahmaputra. While many assumed it would be the world’s largest dam, reports suggest China is planning...

U.S. added 50 GW of solar capacity in 2024

Author: PPD Team Date: 24/02/2025 The U.S. added nearly 50 GW of new solar generating capacity in 2024, according to the 2025 Sustainable Energy in America Factbook, released by the Business Council for Sustainable Energy and BloombergNEF. The record...

Enefit Green and Sumitomo partner for offshore wind farm in Baltic Sea

Author: PPD Team Date: 21/02/2025 Enefit Green and Sumitomo Corporation have signed an agreement to jointly develop the Liivi Bay offshore wind farm in the Gulf of Riga, Baltic Sea. As part of the deal, Enefit Green will sell a 50% stake in Liivi...

Japan approves new climate and energy policies targeting 2040 emissions cuts

Author: PPD Team Date: 21/02/2025 Japan’s government has approved new climate, energy, and industrial policies aimed at reducing greenhouse gas (GHG) emissions by 2040, Reuters reported. The strategy focuses on decarbonisation, energy security, and...

TotalEnergies, Masdar, EPointZero partner for clean energy in Africa and Asia

Author: PPD Team Date: 21/02/2025 TotalEnergies, Masdar, and EPointZero have signed a framework for action agreement to enhance clean energy access in Africa and Asia.  The collaboration follows a meeting between UAE President Sheikh Mohamed bin...

China’s clean energy investment reaches $940bn in 2024

Author: PPD Team Date: 21/02/2025 China’s clean energy investments in 2024 totalled 6.8 trillion yuan ($940 billion), approaching the $1.12 trillion global investment in fossil fuels, according to a new analysis by UK-based Carbon Brief. Despite a...

ACWA Power signs PPA for 2 GW wind project in Egypt

Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project...

BYD secures 12.5 GWh energy storage contracts in Saudi Arabia

Author: PPD Team Date: 20/02/2025 BYD Energy Storage and Saudi Electricity Company have signed contracts for 12.5 GWh of grid-scale energy storage projects. Combined with a previously delivered 2.6 GWh project, the total collaboration between the two...

Laos signs agreement for Nong wind project to supply Vietnam

Author: PPD Team Date: 20/02/2025 The Government of Laos has signed an agreement with Chitchareune Construction to develop the 1,200 MW Nong wind power project in Savannakhet province, Vietnam, with an investment of USD 1.9 billion. The...

South Sudan-Uganda Power Interconnection Project secures AfDB, EU funding

Author: PPD Team Date: 19/02/2025 The governments of South Sudan and Uganda, in collaboration with the Nile Basin Initiative, have secured major funding from the African Development Fund (AfDB) and the European Union (EU) for the South Sudan-Uganda...

GreenGo Energy to develop green hydrogen project in Mauritania

Author: PPD Team Date: 19/02/2025 GreenGo Energy has signed an agreement to develop the Megaton Moon Green Hydrogen Project in Mauritania. The agreement grants GreenGo Energy access to over 100,000 hectares of land near Nouakchott for the...

Aslan Energy signs MoU to supply hydrogen to CalYan XGH

Author: PPD Team Date: 18/02/2025 Aslan Energy Capital has signed a memorandum of understanding (MoU) to supply 100,000 tonnes per annum (TPA) of sustainable hydrogen to CalYan XGH.  The green hydrogen will be sourced from Aslan Energy Capital’s...

Eurus Energy begins commercial operation of Ashikawa Wind Farm

Author: PPD Team Date: 18/02/2025 Eurus Energy Holdings Corporation (Eurus Energy) has commenced the commercial operation of the Ashikawa Wind Farm in Toyotomi Town, Hokkaido. With a capacity of 128.8 MW, this wind farm is part of the larger Dohoku...

Adani Green withdraws from two wind projects in Sri Lanka

Author: PPD Team Date: 17/02/2025 Adani Green Energy, part of India’s Adani Group, has decided to withdraw from two proposed wind power projects in Sri Lanka due to financial challenges. The decision follows recent discussions with the Sri Lankan...

Recent Posts

Power Sector News Roundup for April 3, 2025

Author: PPD Team Date: 03/04/2025 Global: Shell to exit solar and onshore wind projects in Brazil...

Shell to exit solar and onshore wind projects in Brazil

Author: PPD Team Date: 03/04/2025 Shell has decided to discontinue its solar and onshore wind power...

AMPIN Energy to supply 9.9 MWp solar power to Poly Medicure

Author: PPD Team Date: 03/04/2025 AMPIN Energy Transition has signed a power purchase agreement...

Punjab’s largest solar group captive project to power Swaraj Tractors’ facilities

Author: PPD Team Date: 03/04/2025 Swaraj Tractors has partnered with Mahindra Susten to develop a 26...

Resonia secures Ananthapur-II REZ transmission project; PFCCL sets up SPV for Pune expansion

Author: PPD Team Date: 03/04/2025 Resonia Limited, formerly Sterlite Grid 32 Limited, has won the...

Trident Group commissions 11.02 MWp rooftop solar project in Madhya Pradesh

Author: PPD Team Date: 03/04/2025 Trident Group commissioned an 11.02 MWp rooftop solar power...

KEC International and Transrail Lighting secure Rs 14.76 billion orders

Author: PPD Team Date: 03/04/2025 KEC International Limited has secured new orders worth Rs 12.36...

CEA clarifies energy storage mandate for solar projects

Author: PPD Team Date: 03/04/2025 The Central Electricity Authority (CEA) has confirmed that the...

DRAIPL, Sterling and Wilson, Advait win solar EPC contracts

Author: PPD Team Date: 03/04/2025 Dineshchandra R Agrawal Infracon Private Limited (DRAIPL)...

Regulatory Developments in Renewable Sector: April 3, 2025

Author: PPD Team Date: 03/04/2025   MERC approves TP Solapur Saurya and others’ petition...