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...
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’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 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 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 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 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...
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Tamil Nadu Chief Minister C Joseph Vijay has approved the construction of 231 new substations at an...
The All India DISCOMs Association (AIDAA) has called for a major overhaul of India’s resource...
The Government of Gujarat has included “Nuclear Power Equipment (including Small Modular...
Karnataka Power Transmission Corporation Limited (KPTCL) has launched a pilot project to implement...
NHPC Limited has signed a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh on...
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for the...
MNRE adds RECPDCL, REIL as rooftop solar implementation partners The Ministry of New and Renewable...
Inox Wind Limited has signed a Memorandum of Understanding (MoU) with Inox Clean Energy for the...
Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Renewable Energy...
The Ministry of Road Transport and Highways (MoRTH) has signed the first Memorandum of Understanding...