US-based BWXT Technologies has agreed to acquire Canadian nuclear services company Kinectrics for $525 million. The acquisition includes Kinectrics’ net pension and debt liabilities, along with estimated transaction expenses. This move aims to...
British consumers are expected to pay over £1.8 billion in 2025 to help manage the power grid, as maintenance and grid limitations restrict the movement of renewable electricity from Scotland to cities in England. These costs, aimed at balancing...
German electrolysis manufacturer Sunfire has secured €200 million ($207.6 million) in guaranteed financing to advance its electrolysis technology. The financing is provided by a consortium led by Commerzbank, including Société Générale, BNP Paribas...
The 577MW Fox Squirrel Solar project in Madison County, Ohio, has reached full operational status. Developed by EDF Renewables and co-owned with Enbridge, the facility is one of the largest utility-scale solar developments east of the Mississippi...
Chinese energy storage provider Hithium has entered into a global partnership with Samsung C&T Engineering & Construction Group to capitalize on the increasing demand for energy storage solutions. This collaboration is expected to encompass...
CHN Energy’s Guohua Energy Investment Co., Ltd. has successfully connected its 400 MW Rudong Integrated Photovoltaic (PV)-hydrogen-storage project to the grid. Located in Rudong County’s Yudong Reclamation Area, the project spans 287 hectares and...
The Ministry of Industry and Trade (MoIT) of Vietnam is revising its Power Development Plan VIII (PDP VIII) to incorporate waste-to-energy projects. The revision will integrate local government proposals, focusing on waste resource capacities and...
The European Commission (EC) has approved the joint control acquisition of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation. The collaboration involves German and Japanese entities producing large steel tubes for...
UAE-based renewable energy developer AMEA Power has secured two battery energy storage system (BESS) projects in South Africa, each with over 300 megawatt-hours of capacity. The Gainfar and Boitekong projects, located in the North West Province, aim...
Vienna-based renewable energy company Renalfa IPP has acquired a 258MWac solar photovoltaic (PV) project in Teleorman, Romania, slated for commercial operation by 2027. The project aims to advance Romania’s decarbonisation goals and strengthen energy...
The Canada Infrastructure Bank (CIB) has committed $224.2 million in loans to support the $450 million Goose Harbour Lake Wind Farm project in Guysborough County, Nova Scotia. Developed by Port Hawkesbury Paper Wind and RES Canada Construction, the...
The U.S. Department of the Treasury and Internal Revenue Service (IRS) have issued final regulations for the section 45V Clean Hydrogen Production Tax Credit. Established by the Inflation Reduction Act, the credit is designed to promote clean...
The US Government is taking steps to lift restrictions on Indian nuclear entities to strengthen energy relations and reinforce the 2005 nuclear deal. US National Security Advisor Jake Sullivan stated that the US is finalizing efforts to remove...
ELUPRO has signed agreements with Oman’s Muscat House and Thailand’s MA Corporation to collaborate on producing, supplying, and selling green ammonia. The agreement includes plans to construct a green ammonia facility in Oman’s...
The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to...
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, 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, 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...
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 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...
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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...