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Aquila sells 25.9% stake in Norway’s Tesla wind farm 

Aquila European Renewables has signed an agreement to sell its 25.9% stake in the 150MW Tesla wind farm in southern Norway to Sunnhordland Kraftlag (SKL) for €27.1 million ($30.1 million). SKL, a Norwegian energy company specializing in hydropower...

Iberdrola begins construction of 376 MW Broadsound solar project in Queensland

Iberdrola’s Australian subsidiary has commenced construction of the 376MW Broadsound Solar and 180MW battery energy storage system (BESS) project in Queensland. The project, expected to be completed by mid-2026, will generate power for 145,000 homes...

US approves 2 GW Maryland offshore wind project

The US government has approved the 2 GW Maryland offshore wind project, marking the tenth commercial-scale offshore wind initiative approved under President Joe Biden’s administration. The project is expected to create 2,680 jobs annually...

OX2 sells 119 MW solar farm in Victoria

OX2 has agreed to divest a 119 MW alternating current (MWac) solar farm in Victoria, Australia, to an undisclosed buyer. As part of the agreement, OX2 will oversee the construction process on behalf of the new owner and will also manage the technical...

CIP, China Steel inaugurate 300 MW Zhong Neng offshore wind farm in Taiwan

Copenhagen Infrastructure Partners (CIP) and China Steel Corporation (CSC) have officially inaugurated the 300MW Zhong Neng offshore wind farm off the coast of Changhua County, Taiwan. The project, a joint venture between CIP’s Copenhagen...

EnBW wins bids for 184 MW solar parks in German auction

Energy producer and supplier Energie Baden-Württemberg (EnBW) has secured winning bids for seven solar parks in an open-field photovoltaic (PV) auction held by the German Federal Network Agency. The projects, with a combined output of 184 MW, will be...

Bureau Veritas acquires ArcVera Renewables

Inspection and certification provider Bureau Veritas has acquired ArcVera Renewables, a leading consulting and technical services provider for wind, solar, and energy storage projects. Although the financial details of the deal were not disclosed...

Romania, Hungary, Georgia and Azerbaijan launch Black Sea power line

Romania, Hungary, Georgia, and Azerbaijan have officially launched the Black Sea power line project aimed at enhancing the European Union’s renewable energy capacity. The project, developed in response to the EU’s need for energy...

China’s Linglong One SMR nears completion at Changjiang site

China’s Linglong One, the world’s first commercial onshore small modular reactor (SMR), has reached a significant milestone with the installation of the lower reactor internals at the Changjiang site in Hainan province. The China National Nuclear...

Australian CIS boosts energy storage with six large-scale battery projects

The Australian Capacity Investment Scheme (CIS) is set to enhance energy storage capabilities in Victoria and South Australia through support for six new large-scale battery projects. These initiatives will add 3.6 gigawatt hours (GWh) of capacity...

Hitachi invests $200 million to expand transformer manufacturing in Brazil

Hitachi Energy has invested more than $200 million to expand its transformer manufacturing operations in Brazil, as part of a larger $1.5 billion global investment plan to boost its production capacity.   The investment will be used to upgrade the...

Hygreen Energy to invest over $2.2 billion in green hydrogen initiatives in Spain

Hygreen Energy and its partners plan to invest more than $2.2 billion in green hydrogen projects in Andalusia, Spain. This investment will support the development of new green hydrogen plants as well as a facility to produce electrolysers. Initially...

Arevon Energy secures $299 million financing for Indiana solar projects

Arevon Energy has secured $299 million in debt financing for its Ratts 1 and Heirloom Solar Projects in Pike County, Indiana. These projects will contribute 264 MW (MWdc) of renewable energy to the Midwest and MISO region. Construction is already...

Nigeria, China strengthen ties in BRI, nuclear energy, renewable development

Nigeria and China have agreed to bolster their partnership in the Belt and Road Initiative (BRI), human resource development, and nuclear energy following a meeting between the countries’ leaders. China, Nigeria’s largest bilateral...

Egypt approves Masdar’s 1.2 GW solar, 240 GWh energy storage projects

Egypt’s cabinet has approved UAE-based renewable energy developer Masdar’s plans to develop a 1.2 GW solar power plant and a 240 GWh energy storage project in the country. These approvals follow a recent collaboration agreement between Egypt and the...

WEG, Kroma Energia sign contract for 250 MW solar project in Brazil

Brazilian electric-electronic equipment company WEG has secured a supply contract with energy trader Kroma Energia for the 250 MWp Arapuá solar energy complex in Vale do Jaguaribe, Jaguaruana. The project, valued at R$630 million, is expected to...

EDF Renewables acquires Shell’s stake in South Korean offshore wind project

EDF Renewables has completed the acquisition of Shell Overseas Holdings’ shares in West Sea Energy 1, entering South Korea’s offshore wind sector. West Sea Energy 1 focuses on developing a high-power offshore wind project with a maximum...

Rosatom completes reactor vessel installation at Tianwan NPP Unit 8 in China

Russian state nuclear company Rosatom has completed the installation of the reactor vessel at Tianwan Nuclear Power Plant (NPP) Unit 8 in China, marking a significant milestone in the project’s development. The reactor, a VVER-1200 model...

Enfinity Global secures €190m financing for 157 MW solar projects in Italy

Spanish renewable energy company Enfinity Global has secured €190 million in funding for the construction of 157 MW of utility-scale solar projects in Italy, located in the Lazio and Emilia Romagna regions, set to come online in 2025. The financing...

Australia, South Korea sign MOU for critical mineral collaboration

Western Australia (WA) and South Korea have signed a memorandum of understanding (MOU) to enhance cooperation in renewable energy and critical mineral supply chains. The MOU is building on a 2023 letter of intent aimed at fostering clean energy...

Recent Posts

EGAT plans three pumped storage power plants in Thailand

The Electricity Generating Authority of Thailand (EGAT) has announced plans to develop three pumped...

ACCIONA Energía sells hydro portfolio to Endesa for €1 billion

ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona...

ACWA Power signs agreement with Uzbekistan for 2 GWh battery storage projects

On November 16, 2024, ACWA Power signed a binding Implementation Agreement (IA) with Uzbekistan’s...

Power Sector News Roundup for November 21, 2024

Global: Amazon invests in Greece’s largest wind energy project with three wind farms. China tightens...

SEFE, Eletrobras, and EnerTech partner to supply green hydrogen to Germany

Securing Energy for Europe (SEFE), Eletrobras, and EnerTech have signed a Joint Study Agreement...

Voltalia and TAQA Arabia partner for Zafarana wind farm in Egypt

Voltalia and TAQA Arabia have signed a memorandum of understanding (MOU) with Egypt’s Ministry of...

Synera Renewable secures permit for Formosa 4 wind project in Taiwan

Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy...

Fluor JV begins design phase for Cernavoda nuclear expansion in Romania

Fluor’s joint venture, including AtkinsRéalis, Sargent & Lundy, and Ansaldo Nucleare, has...

Trump names Chris Wright as energy secretary

President-elect Donald Trump has appointed Chris Wright, a veteran of the US energy sector and CEO...

Poseidon to deliver cable services for Greater Changhua wind farms in Taiwan

Poseidon Cables has secured a contract with NCT Offshore to provide cable pre-rigging and pull-in...