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Mirova invests $10 million to fund C&I solar projects in Vietnam

Mirova, an affiliate of Natixis Investment Managers, has invested $10 million in ecoligo, a global provider of commercial and industrial (C&I) solar solutions.  This investment will fund a portfolio of greenfield C&I solar rooftop projects in...

USD 2 billion Thai Binh LNG power plant to begin construction in 2025

The USD 2 billion Thai Binh LNG power plant project in northern Vietnam will begin construction in late 2025 after completing its feasibility study by mid-year.  Led by Thai Binh LNG Power JSC, a joint venture of Japan’s Tokyo Gas, Kyuden...

Statera Energy acquires 680 MW BESS project in UK

Statera Energy has acquired a 680 MW battery energy storage system (BESS) project at Trafford Low Carbon Energy Park in Greater Manchester, known as Carrington Storage.  The project is expected to be fully energised by 2026 and will be more than...

EDF Renewables begins commercial operations at Huck Finn solar project

EDF Renewables North America commenced commercial operations at the Huck Finn solar project in December 2024.  Developed for Ameren Missouri, a subsidiary of Ameren Corporation, the project has a 200 MWac / 270 MWdc capacity and is now delivering...

Innergex starts commercial operation of Boswell Springs wind farm

Innergex Renewable Energy commenced commercial operation of its Boswell Springs wind farm in Albany County, Wyoming, on December 31, 2024.  The 330 MW wind farm supplies clean electricity under a 30-year power purchase agreement (PPA) with...

ENGIE expands Ras Ghareb wind farm in Egypt to 650 MW

ENGIE has announced an expansion of its wind farm in Ras Ghareb, Egypt, increasing its capacity from 500 MW to 650 MW.  Developed by the Red Sea Wind Energy Consortium—comprising ENGIE, Orascom Construction, Toyota Tsusho, and Eurus Energy—the...

KKR and PSP Investments acquire stake in AEP’s transmission assets

Investment funds managed by KKR and the Public Sector Pension Investment Board (PSP Investments) have agreed to acquire a 19.9% stake in American Electric Power’s (AEP) Ohio and Indiana & Michigan transmission companies for $2.82 billion. KKR and...

DOE closes loan guarantee for Montana Renewables’ biofuels expansion

The Department of Energy’s (DOE) Loan Programs Office (LPO) has closed a $1.67 billion loan guarantee to Montana Renewables, LLC (MRL), including $1.44 billion in principal and $233 million in capitalized interest.  The loan will support the...

GE Vernova secures order for 14 turbines for wind farms in Japan

GE Vernova’s Onshore Wind division has secured an order to supply 14 4.2 MW-117m turbines for the Iwaya and Shitsukari wind farms in Aomori, Japan. Developed by Eurus, the projects are expected to begin commercial operations by 2028.  This order...

EAAIF commits USD 20 million to CME Solar in Vietnam

The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has committed USD 20 million to CME Solarin Vietnam to develop a pipeline of rooftop solar projects, potentially scaling to over 260 MWp.  This investment supports...

Deye unveils Micro Hybrid energy storage system

Solar inverter manufacturer Deye has launched the AE-F(S)2.0-2H2 Micro Hybrid energy storage system (ESS), an all-in-one unit combining an energy storage micro-inverter, battery modules, and a battery management system (BMS).  Designed for home and...

GenusPlus secures A$270m contract for Clean Energy Link project in WA

GenusPlus Group has won a A$270m ($167m) contract from Western Power for the Clean Energy Link – North Region project in Western Australia (WA). This initiative will enhance WA’s electricity network, boosting renewable energy capacity and supporting...

Europe’s wind power growth falls short of 2030 targets

Europe added 15 GW of new wind energy capacity in 2024, including 13 GW from onshore and 2.3 GW from offshore projects, according to WindEurope. This falls significantly short of the 30 GW annual additions needed to meet the EU’s 2030 climate and...

Constellation to acquire Calpine for $16.4bn

Constellation has announced its acquisition of Calpine in a cash and stock transaction valued at $16.4bn, including 50 million Constellation shares, $4.5bn in cash, and the assumption of $12.7bn in net debt.  The deal brings the total net purchase...

PPC Renewables orders 100 MW of wind turbines for Greek projects

PPC Renewables, a subsidiary of PPC Group, has ordered 19 Nordex N149/5.X turbines, totalling 100 MW of capacity, for three wind farms in Greece. These include Rodopi in northern Greece, Livadaki in Phocis, and Timenio in Arcadia. The turbines, with...

CEB connects 132 kV Wagawatta substation to Sri Lanka’s national grid

Ceylon Electricity Board (CEB) has connected the newly constructed 132 kV Wagawatta substation to Sri Lanka’s national grid.  The 90 MVA substation, located on a five-acre site provided by the Board of Investment of Sri Lanka (BoI), houses two...

EWEC initiates bidding for 1,500 MW Zarraf Solar PV project in Abu Dhabi

Emirates Water and Electricity Company (EWEC) has launched the bidding process for the development of the Zarraf Solar PV independent power producer (IPP) project, aiming to enhance Abu Dhabi’s solar capacity to at least 10GW by 2030.  Located in the...

UKA places 540 MW wind turbine order for projects in Germany

Umweltgerechte Kraftanlagen (UKA), a German developer of wind and solar parks, has ordered 80 turbines from Nordex Group, totalling a capacity of 540 MW for various wind energy projects across Germany.  The turbines, mainly from the Delta4000 series...

Virginia Transformer explores sale valued at over $6 billion

Virginia Transformer is exploring a potential sale that could value the company at more than $6 billion, according to Bloomberg sources. The company, led by CEO Prabhat K Jain, is one of North America’s largest US-owned power transformer...

Origis Energy secures $415 million financing for Swift Air Solar project in Texas

US renewable energy company Origis Energy has secured a $415 million financing package for the Swift Air Solar project in Ector County, Texas.  The package includes $290 million in construction and term debt from Natixis Corporate & Investment...

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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

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms aimed at...

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

Maharashtra faced power shortages in June 2026 that led to load shedding on 11 days, with poor coal...

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...