News Subsections

Tanzania prepares for Africa Energy Summit 2025

Tanzania will host the African energy summit on January 27–28 in Dar es Salaam, bringing together heads of government and over 1500 executives from multilateral agencies, the private sector, and diplomats.  The summit aims to revolutionize energy...

Greg Skinner acquires 50% stake in Ethical Power Group

Greg Skinner, a private investor, has acquired a 50% share of Ethical Power Group from Hive Energy.  As part of the deal, Skinner will provide an additional £15 million working capital loan to support the company’s continued growth.  Skinner will...

Arctech to supply 1.5GW solar trackers for Al Ajban PV project

Arctech, a solar equipment manufacturer, has secured a deal to supply 1.5GW of its SkyLine II single-axis solar tracking system to PowerChina for the Al Ajban solar photovoltaic (PV) project in the UAE.  Located in Abu Dhabi’s Ajban area, Al...

Nexans divests AmerCable to Mattr for $280 million

French cable manufacturer Nexans has completed the sale of AmerCable, a specialist in electrical power, control, and instrumentation cables, to Mattr for $280 million.  The move aligns with Nexans’ focus on its core electrification business...

PacificLight Power to build 600 MW hydrogen-ready CCGT plant in Singapore

PacificLight Power has secured approval from Singapore’s Energy Market Authority (EMA) to construct a 600 MW hydrogen-ready combined-cycle gas turbine (CCGT) facility on Jurong Island. Operations are slated to begin in January 2029. This...

BOEM considers offshore wind leasing off Guam

The US Bureau of Ocean Energy Management (BOEM) has launched a process to consider offshore wind energy leasing off the coast of Guam, a US Pacific territory. A Call for Information and Nominations has been issued to gather public input and identify...

Northleaf Capital exits Mula solar plant in Spain

Northleaf Capital Partners has sold its majority stake in the 494 megawatts peak (MWp) Mula photovoltaic solar plant in Murcia, Spain, to China Three Gorges Spain, a subsidiary of the China Three Gorges Corporation.  The deal, executed with minority...

TRIG partners with Qair France to power Hyd’Occ hydrogen plant

The Renewables Infrastructure Group (TRIG) has secured a power purchase agreement (PPA) with Qair France and partners to supply renewable electricity to the Hyd’Occ hydrogen production facility in Port-la Nouvelle, Aude, France.  Electricity will be...

Vestas secures 134 MW wind turbine orders in Europe

Vestas has announced new contracts totalling 134MW for wind turbine projects in Europe as part of its Q4 2024 order intake. In Italy, Vestas received a 26MW order from Alerion San Marco for the Valico Casone Cocca project. It will feature three...

Eskom reconnects Koeberg Unit 2 to South Africa’s grid

Eskom has reconnected Unit 2 of the Koeberg nuclear power station to South Africa’s national grid, adding 930MW to the country’s power supply. This move supports Eskom’s Generation Operational Recovery Plan to increase capacity by 2.5GW by March...

Aypa Power secures $190m for Texas battery storage project

Aypa Power, a Blackstone portfolio company, has obtained $190m in financing for its Bypass battery energy storage system (BESS) project in Fort Bend County, Texas. The 200MW/400MWh facility will address the region’s growing energy storage...

Zhangzhou Nuclear Plant Unit 1 begins commercial operations in China

China National Nuclear Corporation (CNNC) has launched commercial operations of Unit 1 at the Zhangzhou nuclear power project in Fujian Province, contributing to China’s energy diversification and carbon neutrality goals. The 1.12GW Unit 1, connected...

India and Pakistan exchange nuclear installation lists

India and Pakistan have exchanged lists of their nuclear installations under a 1988 bilateral pact prohibiting attacks on each other’s atomic facilities.  The exchange, facilitated through diplomatic channels in New Delhi and Islamabad, follows...

ContourGlobal acquires hybrid solar plus storage project in US

ContourGlobal has acquired a solar plus storage project in the US with a total hybrid capacity of 888 MW. The project, in its advanced stage, will be developed in two phases, combining 567 MWp of solar photovoltaic (PV) and 321 MW/1.3 GWh of battery...

Welsh Government grants £10m to 32 local green energy projects

The Welsh Government has awarded £10m in grants to 32 local green energy projects as part of the Ynni Cymru (Energy Wales) scheme. The funding supports community-owned renewable energy and smart local energy systems (SLES), which integrate various...

US NRC approves licence extension for Xcel Energy’s Monticello nuclear plant

The US Nuclear Regulatory Commission (NRC) has approved the renewal of Xcel Energy’s Monticello nuclear plant operating licence, extending its operations until 2050, pending state regulator approval. The plant is a key component of Xcel Energy’s...

Equinor secures $3bn financing for Empire Wind 1 offshore project

Equinor has secured over $3bn in financing for its Empire Wind 1 offshore wind project, set to be the first to connect to the New York City grid.  The project, which will power 500,000 homes in New York, is scheduled to begin operations in 2027...

Constellation awarded over $1bn in contracts by US GSA

Constellation has secured contracts worth more than $1bn from the US General Services Administration (GSA) to supply nuclear and other energy sources to multiple government agencies and implement energy-saving initiatives. The ten-year contract...

ACWA Power secures financing for 1.1GW Suez wind farm in Egypt

ACWA Power, in partnership with HAU Energy, has achieved financial close for the 1.1GW Suez wind farm in Egypt’s Gulf of Suez region.  The financing includes a $703.6m senior debt facility from a consortium of international banks and financial...

EETC invests to upgrade Egypt’s power transmission network

The Egyptian Electricity Transmission Company (EETC) has allocated EGP 7.6 billion for the fiscal year 2023-24, focusing on upgrading, modernizing, and expanding its high-voltage and ultra-high voltage systems.  This investment covers the development...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

thyssenkrupp nucera wins FEED contract for 260 MW hydrogen project

Germany’s thyssenkrupp nucera has been awarded a Front-End Engineering and Design (FEED) study...

RenewSys commissions 3 GW solar module plant in Maharashtra

RenewSys India has inaugurated a 3 GW solar module manufacturing facility at IndoSpace Industrial...

NTPC signs MoU with Octopus Energy for power and digital collaboration

NTPC Limited has signed a Memorandum of Understanding (MoU) with Octopus Energy Group of the United...

Patel Engineering wins Rs 910 crore Renukaji Dam package

Patel Engineering Limited (PEL) has received a Letter of Award from Himachal Pradesh Power...

SJVN’s 1,000 MW Bikaner solar project crosses 1 BU generation

SJVN Limited has reported that its 1,000 MW Bikaner Solar Power Project has generated 1 billion...

BHEL to merge units in Haridwar and Hyderabad from April 1

Bharat Heavy Electricals Limited (BHEL) has approved the consolidation of two pairs of manufacturing...

Bluspring to acquire STEAG India, adding 7 GW O&M portfolio

Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private...

POWERGRID approves Rs 705.30 crore procurement of grid spares

Power Grid Corporation of India Limited (POWERGRID) has approved procurement of cold spare...

GAIL invests Rs 130 million in Leafiniti to develop CBG plants

GAIL (India) Limited has invested Rs 130 million in Leafiniti Bioenergy Private Limited, a...

India plans 1,121 GW power capacity by 2035-36, solar to lead

The Central Electricity Authority (CEA), under the Ministry of Power (MoP), has released the...