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...
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’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...
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...
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 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 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 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, 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...
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...
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...
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 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...
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...
Port of Açu Operações and Yamna Co Ltd have signed a land reservation agreement to develop a green ammonia project at the Port of Açu’s industrial complex in northeast Rio de Janeiro State. The agreement reserves two million square meters for...
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 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 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...
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 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...
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Coal India, UPRVUNL sign JV agreement for renewable energy projects Coal India Limited (CIL) and...
Koraam, powered by Kosol Energie Pvt. Ltd., has secured a 5.8 MW order from Sandip Electronics and...
The Central Electricity Authority (CEA) has issued a comprehensive advisory to power distribution...
The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of...
The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption...
The Ministry of Power has issued a draft notification proposing amendments to India’s...
Tata Motors Limited has partnered with Welspun Renewable Energy Private Limited (WREPL) to...
NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...
Prime Minister Narendra Modi has laid the foundation stone for an interstate transmission project...
The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission...