News Subsections

Uniper completes sale of gas-fired plant in Hungary to Veolia

Uniper has completed the sale of its 428MW Gönyű gas-fired power plant in Hungary to French utility Veolia. The financial terms were not disclosed.  The transaction transferred 100% of Uniper Hungary Energetikai’s shares to Veolia Invest Hungary, an...

Toshiba secures equipment order for Indonesia’s Patuha geothermal plant

Toshiba Energy Systems & Solutions has been awarded a contract to supply a steam turbine and generator for Unit 2 of the Patuha geothermal power plant in West Java, Indonesia.  The order was placed by Toyo Engineering’s subsidiary PT Inti Karya...

Apex Clean Energy and NYSERDA make REC agreement for Heritage Wind

Apex Clean Energy has entered a renewable energy certificate (REC) purchase agreement with the New York State Energy Research and Development Authority (NYSERDA) for the Heritage Wind project. Located in Barre, Orleans County, New York, the 173.6MW...

LS Power acquires Algonquin’s renewable energy business

Energy infrastructure company LS Power has acquired Algonquin Power & Utilities’ renewable energy business, adding over 3GW of wind and solar assets across the US and Canada to its portfolio. This expands LS Power’s renewable energy capacity...

Exus acquires Lightsource bp’s 130MWp Cibele solar farm in Portugal

Exus Renewables has acquired the 130MWp Cibele solar farm in Portugal from Lightsource bp. Located in Rio Maior and Cadaval, the project is ready for construction, which is set to begin in early 2025, with operations expected in 2026. The acquisition...

Estuary Power secures financing for Escape solar project in Nevada

Estuary Power has closed a $340 million financing package for the Escape solar and storage project in Lincoln County, Nevada. The project will feature 185MW of solar capacity combined with 400MWh of battery energy storage, providing reliable power to...

Canadian Solar to supply 2GWh of battery storage for CIP in UK

Canadian Solar’s e-STORAGE division has signed contracts with Copenhagen Infrastructure Partners (CIP) to deliver 2GWh of battery energy storage for two major projects in Scotland: Coalburn 2 and Devilla.  e-STORAGE will provide 450 SolBank 3.0...

Poland approves funding for first nuclear power plant

Poland has approved up to 60.2bn zlotys ($14.7bn) in funding for its first nuclear power plant, pending European Union approval, reported Bloomberg.  On 7 January 2025, the cabinet led by Donald Tusk adopted a draft bill enabling the state-owned...

Grenergy secures $324 million for Oasis de Atacama battery project

Grenergy has obtained $324 million in financing for phase four of its Oasis de Atacama project, named Gabriela. This phase includes 269 MW of solar capacity and 1.1 GWh of storage.  Financing was provided by BNP Paribas, Natixis Corporate &...

Trina Solar sets new world record for solar module efficiency

Trina Solar has set a new world record for solar module efficiency, reaching 25.44% with its n-type, fully passivated HJT modules, certified by Fraunhofer CalLab, Reuters reported. Passivation technology improves solar cell performance by covering...

Husk Power to raise $400m for expansion in India, Africa

Husk Power Systems plans to raise $400 million in debt and equity in 2025 to expand its mini-grid operations across India and Africa. This capital raise, a mix of equity and debt, precedes a planned initial public offering (IPO) in 2027. The company...

BWXT Technologies to acquire Kinectrics for $525m to expand nuclear services

US-based BWXT Technologies has agreed to acquire Canadian nuclear services company Kinectrics for $525 million. The acquisition includes Kinectrics’ net pension and debt liabilities, along with estimated transaction expenses. This move aims to...

UK to spend over £1.8 billion on grid management in 2025: Bloomberg

British consumers are expected to pay over £1.8 billion in 2025 to help manage the power grid, as maintenance and grid limitations restrict the movement of renewable electricity from Scotland to cities in England.  These costs, aimed at balancing...

Sunfire secures €200m financing to scale electrolysis technology

German electrolysis manufacturer Sunfire has secured €200 million ($207.6 million) in guaranteed financing to advance its electrolysis technology. The financing is provided by a consortium led by Commerzbank, including Société Générale, BNP Paribas...

Fox Squirrel Solar project reaches full operational status in Ohio

The 577MW Fox Squirrel Solar project in Madison County, Ohio, has reached full operational status.  Developed by EDF Renewables and co-owned with Enbridge, the facility is one of the largest utility-scale solar developments east of the Mississippi...

Hithium and Samsung C&T partner for global energy storage solutions

Chinese energy storage provider Hithium has entered into a global partnership with Samsung C&T Engineering & Construction Group to capitalize on the increasing demand for energy storage solutions.  This collaboration is expected to encompass...

CHN Energy connects PV-hydrogen-storage project to grid

CHN Energy’s Guohua Energy Investment Co., Ltd. has successfully connected its 400 MW Rudong Integrated Photovoltaic (PV)-hydrogen-storage project to the grid.  Located in Rudong County’s Yudong Reclamation Area, the project spans 287 hectares and...

Vietnam adjusts Power Development Plan VIII for waste-to-energy projects

The Ministry of Industry and Trade (MoIT) of Vietnam is revising its Power Development Plan VIII (PDP VIII) to incorporate waste-to-energy projects.  The revision will integrate local government proposals, focusing on waste resource capacities and...

EC approves EEW Offshore Wind EU acquisition

The European Commission (EC) has approved the joint control acquisition of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation.  The collaboration involves German and Japanese entities producing large steel tubes for...

AMEA Power secures two 300MW BESS projects in South Africa

UAE-based renewable energy developer AMEA Power has secured two battery energy storage system (BESS) projects in South Africa, each with over 300 megawatt-hours of capacity. The Gainfar and Boitekong projects, located in the North West Province, aim...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

CERC clears over 13,000 MW in March adoption orders

The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...

Power Sector News Roundup for April 10, 2026

Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...

Pace Digitek reports 178 BESS units deployed by March 2026

Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...

Vihaan Clean & Green commissions biomass boiler plant in Gujarat

Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...

Neuron Energy commissions 5 GWh BESS plant in Maharashtra

Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...

China’s CGN brings Southeast Asia’s largest solar project online in Laos

A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...

JSW Energy exercises option to acquire full stake in JMPCL

JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...

Saatvik Solar secures Rs 108.75 crore module order

Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...

Mahindra & Mahindra to take 26% stake in captive solar arm

Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...

Adani Green, IHC arm form JV for RE projects in India

Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...