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Huawei signs deal to supply 4.5GWh battery storage in Philippines

Huawei has signed an agreement with the Meralco Terra Solar project in the Philippines to supply a 4.5GWh battery energy storage system.  This marks Huawei’s largest energy storage project, integrating containerized batteries, fire suppression...

EWEC to develop 4.5GW renewable energy projects in Abu Dhabi

Emirates Water and Electricity Company (EWEC) has received approval to develop four new renewable energy sites in Abu Dhabi, UAE. The sites, covering around 75 km², will accommodate solar photovoltaic (PV) and wind energy projects. The developments...

TPG Rise Climate in talks to acquire Altus Power

TPG Rise Climate, the climate investment arm of TPG, is in discussions to acquire US-based solar developer Altus Power, according to Reuters sources.  The deal, which could be formalized in the coming weeks, is not yet finalized, and there is still a...

Hitachi Energy secures contracts for HVDC converter stations in Germany

Hitachi Energy has won contracts worth over €2bn ($2.08bn) with Amprion, a German transmission system operator, to supply four converter stations for two high-voltage direct-current (HVDC) links, V48 and V49.  These links are integral to Germany’s...

Orlen signs €244m deal with EIB for renewable energy grid expansion

Orlen has secured a second agreement with the European Investment Bank (EIB) for nearly 1bn zlotys ($244m) to fund its strategic electricity distribution network programme.  The investment will enhance renewable energy connections, including the...

EDF connects Flamanville 3 nuclear reactor to France’s power grid

EDF has integrated the Flamanville 3 nuclear reactor into France’s national power grid, marking the first expansion of the country’s nuclear network in 25 years.  The reactor was connected on 21 December 2024, producing 100MW of electricity...

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...

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