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...
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...
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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...