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Siemens acquires Trayer Engineering for grid modernization

Siemens has announced the acquisition of Trayer Engineering, a US-based company specializing in medium voltage secondary distribution switchgear, as part of its strategy to expand its grid modernization portfolio. While the financial details remain...

GE Vernova unveils advanced containerized solution for energy storage

GE Vernova Inc. has launched the RESTORE DC Block, an advanced containerized solution for Battery Enabled Energy Storage (BESS) with a capacity of 5 MWh and an operational duration of 2-8 hours. Designed for utility-scale renewable and energy storage...

SSE Thermal, EET Hydrogen to develop green hydrogen facility in North West England

SSE Thermal and EET Hydrogen have partnered to build a green hydrogen production facility, named Gowy Green Hydrogen, at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. The initial 40 MWe facility will supply hydrogen to local...

Encavis secures €60.7 million financing for solar plant in Germany

Encavis has secured €60.7 million in non-recourse project financing for its solar plant in Lindenhof, Borrentin, located near Demmin in Mecklenburg-Western Pomerania. The plant is expected to be operational by the end of September 2024 and will...

EliTe Solar plans Investment in 8 GW solar manufacturing hub in Egypt

EliTe Solar has announced plans to invest over $150 million in building an 8 GW solar manufacturing hub in Egypt’s Suez Special Economic Zone. The facility, spanning 78,000 square meters, will focus on producing high-efficiency solar cells and...

CME Solar and Vista Global partner in joint venture to expand rooftop solar energy in Vietnam

CME Solar Investment and Vista Global, a subsidiary of Samsung C&T, have launched a joint venture to develop rooftop solar energy in Vietnam. The CME-Vista partnership aims to contribute to Vietnam’s shift towards a low-carbon economy by...

Clime Capital to invest USD 10 million in Upgrade Energy Philippines

Clime Capital Management Private Limited has announced plans to invest up to USD 10 million in Upgrade Energy Philippines to accelerate the deployment of solar energy infrastructure across the country. The funding comes from the Southeast Asia Clean...

Actis partners with Meralco, SPNEC for Terra Solar project in Philippines

UK-based Actis has partnered with Manila Electric Company (Meralco) and Solar Philippines New Energy Corporation (SPNEC) to invest $600m (£458.55m) in the Philippines’ Terra Solar project. With a capacity of 3.5 GWp of solar power and 4.5 GWh of...

Shaanxi completes Section 1 of China’s Longdong-Shandong UHVDC project

Shaanxi Power Transmission and Transformation Engineering Company, a unit of China’s State Grid Shaanxi Electric Power Company, has completed the Shaanxi Section 1 of the ±800 kV Longdong to Shandong ultra high voltage direct current (UHVDC) project...

Prozeal Green and Golyan form JV to develop 500 MW solar projects in Nepal

Prozeal Green Energy Limited and Golyan Power Limited have formed a joint venture to develop over 500 MW of solar energy projects in Nepal, including rooftop and ground-mounted photovoltaic (PV) plants. Prozeal Green Energy will hold a 60% stake and...

Iberdrola wins 791 MW offshore wind project in Massachusetts

Iberdrola, through its US subsidiary Avangrid, has won a 791 MW contract to develop the New England Wind 1 offshore wind farm, which will provide clean energy to 400,000 homes in Massachusetts. The project is expected to attract $3 billion in...

Siemens to supply electrolysers for Hamburg Green Hydrogen Hub

Siemens Energy has been contracted to supply and install six electrolyser units for the Hamburg Green Hydrogen Hub (HGHH), which is constructing a 100 MW green hydrogen electrolysis plant at the former Moorburg coal site. The plant, set to be fully...

National Grid Renewables begins construction on 117 MW Dodson Creek Solar Project in Ohio

National Grid Renewables has commenced construction on the 117 MW Dodson Creek Solar Project in Highland County, Ohio. Part of the PJM market, the project is expected to generate $49 million in local economic benefits. Dodson Creek joins the...

Piedmont Lithium withdraws DOE loan application

Piedmont Lithium has cancelled its application with the US Department of Energy’s (DOE) Loan Programs Office, citing high costs. The decision comes as the company faces an 83% decline in lithium prices over the past year, prompting a need to...

Akaysha Energy completes first stage of WSB project in NSW

Akaysha Energy has completed the first stage of energisation at the Waratah Substation Battery (WSB) project in New South Wales (NSW), marking its registration on Australia’s National Electricity Market (NEM). The 850MW/1.68GWh Battery Energy Storage...

Italy considers developing SMRs in energy policy shift

Italy is exploring the development of small nuclear reactors, marking a significant departure from its long-standing nuclear ban, according to Bloomberg. Industry Minister Adolfo Urso announced at the Ambrosetti Forum that the government is in...

Corrib gas field operators explore renewable energy options as gas production nears end

With the Corrib gas field, which began operations in 2016, approaching the end of its productive life, operators Vermilion and Nephin Energy are considering renewable energy alternatives for its future use. The companies commissioned engineering...

NamPower partners with Chinese firms to build Namibia’s largest solar plant

Namibia’s state-owned utility NamPower has partnered with Chinese companies to begin construction of the country’s largest solar power plant, set to add 100 MW to Namibia’s total installed capacity of 500 MW. The N$1.4 billion ($78.3 million) project...

RWE begins construction of ultra-fast battery energy storage system in Netherlands

RWE has started construction of a 7.5 MW ultra-fast battery energy storage system (BESS) at its Moerdijk power plant in the Netherlands. With a storage capacity of 11 MWh, the system aims to enhance grid stability by quickly providing or absorbing...

Vestas secures 810 MW turbine order for Empire Wind 1

Danish wind turbine manufacturer Vestas has secured an 810MW order for the Empire Wind 1 project, marking its entry into the US offshore wind market. The company will supply and commission 54 V236-15.0MW turbines as part of the deal with Equinor. The...

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Power Sector News Roundup for November 22, 2024

Global: ACWA Power signs agreement with Uzbekistan for 2 GWh battery storage projects ACCIONA...

Carbon Minus wins Rs 39.6 billion contracts for solar projects in Maharashtra

Carbon Minus Energy Private Limited has secured contracts worth Rs 39.6 billion from Maharashtra...

WAPCOS to carry pumped storage project analysis in UP

WAPCOS Limited has been awarded a Letter of Award (LoA) worth Rs 2.3 million for consultancy...

THDC synchronises Unit 1 of Tehri PSP in Uttarakhand

THDC India Limited synchronised Unit I of the Tehri Pumped Storage Plant Project with the National...

Tata Power and ADB partner to evaluate $4.25 billion clean energy projects

Tata Power has signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB)...

Hyundai Motor partners with FPEL for two RE projects in Tamil Nadu

Hyundai Motor India Limited (HMIL) has signed an agreement with Fourth Partner Energy Limited (FPEL)...

REPLUS Engitech partners with GPM to advance AI-driven energy systems

REPLUS Engitech has signed a Memorandum of Understanding (MoU) with Green Power Monitor (GPM) to...

JSW Energy plans wind turbine blade manufacturing unit in Karnataka

JSW Energy, led by Sajjan Jindal, is set to establish a wind turbine blade manufacturing facility in...

NTPC Green and Andhra Pradesh join hands for Rs 1,870 billion RE push

NTPC Green Energy Limited (NGEL) and the New and Renewable Energy Development Corporation of Andhra...

Transmission and transformation capacity additions exceed targets in FY25

The Central Electricity Authority (CEA) reports that transmission and transformation capacity...