The UK Government has agreed to purchase the National Grid’s Electricity System Operator (ESO) for £630 million ($827.95 million). The deal, expected to close by 1 October, aims to enhance energy security, reduce bills, and accelerate the clean...

Several solar and wind projects in South Africa will receive €400 million through a joint initiative between the European Investment Bank (EIB) and South Africa’s FirstRand Bank. The investment, with each party contributing €200 million, aims to...

Qatar Investment Authority (QIA), with assets valued at $475 billion, is looking to increase its stake in Spain’s leading utility company, Iberdrola, from 8.8% to over 10%, according to local Spanish media reports. This move would further solidify...

Spanish renewable energy company Grenergy has renewed its agreement with BYD to supply large-scale storage systems for the Oasis de Atacama solar-battery hybrid project in Chile, bringing the total storage capacity to 3 GWh—BYD’s largest agreement to...

Energy company Ørsted has partnered with MT Group to develop a carbon capture and storage (CCS) facility at the Ørsted Kalundborg CO₂ Hub in Denmark. MT Group will install balance of plant piping, integrate it with an existing woodchip-fired boiler...

The European Commission has approved a €682 million state aid package to support Belgium’s renewable offshore wind energy. The funds will facilitate the construction and operation of a 700 MW offshore wind farm in the Princess Elisabeth Zone in the...

Vietnam is reconsidering its nuclear power development plans to strengthen energy security and support economic growth, according to a government document reviewed by Reuters. The country, which relies heavily on coal, seeks cleaner energy solutions...

New Zealand-based CarbonScape and biomass developer Stora Enso have announced plans to build a biographite demonstration plant in Kotka, southern Finland. The facility aims to produce biographite, a sustainable alternative to mined or fossil-based...

EnBW is in discussions with its major shareholders about a potential capital increase of €3 billion to manage the rising costs of investing in Germany’s energy transition. The utility stated that the decision regarding a possible share issue...

BP and Iberdrola have established a 50:50 joint venture to develop a 25 MW green hydrogen project in Castellón, Spain. The project has reached its final investment decision and is set to support the decarbonization of BP’s refinery operations by...

DTEK plans to establish a series of energy storage systems (ESS) across Ukraine, with a total capacity of 200 MW, aimed at enhancing the nation’s green and secure energy infrastructure. The project will involve a €140 million investment and is...

The Nigerian government has announced an investment of USD 800 million under the Presidential Power Initiative to enhance the country’s power infrastructure. The plan focuses on the development of substations and distribution networks in key...

Global demand for minerals crucial to renewable energy technologies is projected to nearly triple by 2030, according to a United Nations report. The UN Secretary-General’s expert panel on critical energy transition minerals has outlined...

Mubadala Energy has achieved two major milestones in its Andaman exploration efforts. Partnering with Harbour Energy, it secured the Central Andaman licence (Harbour 60%, Mubadala 40%) from Indonesia’s oil and gas regulator, MIGAS. This acquisition...

Powin has teamed up with BHE Renewables to deliver a major solar and storage microgrid in Ravenswood, West Virginia. This project will supply renewable energy to Titanium Metals (TIMET), a subsidiary of Precision Castparts, for manufacturing titanium...

Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with...

Construction has officially started in Singapore on the Ijmuiden Ver Beta offshore wind converter platform, a key component of the 2GW high-voltage direct current (HVDC) system for the Ijmuiden Ver Beta wind farm. This farm is a joint venture between...

Italian oil company Saipem and British nuclear firm Newcleo have partnered to explore how nuclear power can enhance the environmental sustainability of offshore drilling activities. The collaboration will focus on assessing how Newcleo’s small...

Huawei has completed the construction of the world’s largest microgrid power station, capable of generating one billion kilowatt-hours (kWh) of electricity annually. This microgrid will supply power to Saudi Arabia’s ambitious Red Sea New City...

GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The...