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Iberdrola secures green loan for photovoltaic plant in Sicily

Iberdrola has finalized a €100m ($103m) green loan agreement with the European Investment Bank (EIB), guaranteed by SACE under the Archimede scheme, to construct a new photovoltaic plant in Sicily, Italy.  This marks the first collaboration between...

LCCC signs three contracts under UK hydrogen round

The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model.  These initial agreements include the Cromarty, Whitelee...

ERC approves NGCP transmission projects in Philippines

The Philippines Energy Regulatory Commission (ERC) has approved two transmission projects by the National Grid Corporation of the Philippines (NGCP), the private operator of the country’s transmission network. The projects include the PHP20.65...

EIB and EDP secure €700m loans for renewables and grid expansion

The European Investment Bank (EIB) and Portuguese utility EDP have signed two loan agreements worth €700 million ($726.8 million) to fund renewable energy projects and expand the power grid in southern Europe. A €500 million loan, part of a €900...

The Nuclear Company seeks contractors for 6GW nuclear project in US

The Nuclear Company has issued a solicitation of interest to contractors for its 6GW nuclear power initiative across the United States. The project adopts a “design once, build many” strategy, leveraging advanced construction, AI, IoT...

Excelsior Energy Capital signs 7.5GWh agreement with LG Energy Solution Vertech

Excelsior Energy Capital has entered a multi-year agreement with LG Energy Solution Vertech for a 7.5 gigawatt hour (GWh) reservation to support its US clean energy projects.  This agreement ensures a steady supply of high-quality battery energy...

Hanwha Qcells secures $1.45bn loan guarantee for US solar manufacturing facility

Hanwha Qcells Georgia has secured a $1.45 billion loan guarantee from the US Department of Energy’s Loan Programs Office (LPO) to fund the development of a solar supply chain facility in Cartersville, Georgia.  This facility will become the largest...

Viaro Energy to acquire Evoterra’s wind and oil assets in UK and Germany

Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and Germany.  The deal marks Viaro’s entry...

Google signs 15-year PPA for 250 MW wind energy in Netherlands

Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands.  Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk...

Atlantica acquires 1.1 GW renewable energy development platform in US

Atlantica Sustainable Infrastructure has acquired a development platform in the US, adding 1.1 GW of solar and wind projects in the MISO and SPP regions.  The portfolio includes projects in Illinois, Colorado, Mississippi, and Texas. With this...

GE Vernova to deliver HVDC system for South Korea’s largest power grid project

GE Vernova Inc., through its joint venture KAPES, has been selected by Korea Electric Power Corporation (KEPCO) to provide an advanced high-voltage direct current (HVDC) system for South Korea’s largest power grid infrastructure initiative...

Vestas secures 225MW contracts in US, Germany and New Zealand

Vestas has signed contracts for 225MW of wind turbine projects in the US, Germany, and New Zealand, as part of its Q4 2024 order intake. In the US, Vestas received an 86MW order from Brookfield Renewable for the Mulqueeney project. It will deploy...

Oklo and Switch sign historic 12GW clean power deal

Switch has selected Oklo, a nuclear technology company, to deploy 12GW of Oklo Aurora powerhouse projects by 2044. The projects are part of a non-binding master power agreement, one of the largest corporate clean power deals to date, setting the...

AfDB invests in climate tech in Sub-Saharan Africa

The African Development Bank (AfDB) has committed USD 10 million from its Sustainable Energy Fund for Africa (SEFA) to the Persistent Africa Climate Venture Builder Fund (ACV Fund). This initiative supports climate technology entrepreneurship in...

EVN signs contract for Côn Đảo power connection

Vietnam Electricity (EVN) has signed a VND4.923 trillion contract with PC1 Group and Power Engineering Consulting JSC 4 to connect Côn Đảo to the national grid. The project involves a 77.7 km 110kV submarine cable from Sóc Trăng to Côn Đảo, along...

Neoen secures AUD 1.4 billion for Australian renewable energy projects

Neoen has obtained AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets, effectively doubling its Australian renewable energy portfolio financing.  Eleven major lenders participated, including ANZ, Bank of China, and the...

AMEA Power commissions 500 MW Abydos Solar PV plant in Egypt

AMEA Power has commissioned the 500 MW Abydos Solar PV Plant in Egypt’s Aswan Governorate.  The plant will generate around 1,500 GWh of renewable energy annually, reducing carbon emissions by 782,300 tonnes. The project was completed in 18...

GE Vernova delivers 3.4MW wind turbine to NREL for energy research

GE Vernova’s Advanced Research Center has delivered a 3.4MW-140m wind turbine to the National Renewable Energy Laboratory (NREL) for energy research.  The wind turbine will serve as a research platform at NREL, focusing on areas such as grid testing...

Romania signs EPC contract to extend life of Cernavoda NPP Unit 1

Romanian state-owned nuclear power producer Nuclearelectrica has signed a €1.9 billion ($1.97 billion) engineering, procurement, and construction (EPC) contract to extend the life of Unit 1 at the Cernavoda nuclear power plant.  The contract was...

Afreximbank funds hydropower project in DRC

Afreximbank has signed a financing agreement for a 200 MW hydropower project along the Lufira River in the Democratic Republic of Congo (DRC), in partnership with Kipay Investments. This marks the bank’s first private-sector renewable energy project...

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thyssenkrupp nucera wins FEED contract for 260 MW hydrogen project

Germany’s thyssenkrupp nucera has been awarded a Front-End Engineering and Design (FEED) study...

RenewSys commissions 3 GW solar module plant in Maharashtra

RenewSys India has inaugurated a 3 GW solar module manufacturing facility at IndoSpace Industrial...

NTPC signs MoU with Octopus Energy for power and digital collaboration

NTPC Limited has signed a Memorandum of Understanding (MoU) with Octopus Energy Group of the United...

Patel Engineering wins Rs 910 crore Renukaji Dam package

Patel Engineering Limited (PEL) has received a Letter of Award from Himachal Pradesh Power...

SJVN’s 1,000 MW Bikaner solar project crosses 1 BU generation

SJVN Limited has reported that its 1,000 MW Bikaner Solar Power Project has generated 1 billion...

BHEL to merge units in Haridwar and Hyderabad from April 1

Bharat Heavy Electricals Limited (BHEL) has approved the consolidation of two pairs of manufacturing...

Bluspring to acquire STEAG India, adding 7 GW O&M portfolio

Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private...

POWERGRID approves Rs 705.30 crore procurement of grid spares

Power Grid Corporation of India Limited (POWERGRID) has approved procurement of cold spare...

GAIL invests Rs 130 million in Leafiniti to develop CBG plants

GAIL (India) Limited has invested Rs 130 million in Leafiniti Bioenergy Private Limited, a...

India plans 1,121 GW power capacity by 2035-36, solar to lead

The Central Electricity Authority (CEA), under the Ministry of Power (MoP), has released the...