Masdar has expanded its footprint in Europe by completing two acquisitions in the Iberian Peninsula. Along with its institutional partners, Masdar acquired Saeta Yield from Brookfield Renewable Partners for an enterprise value of €1.2 billion and an...
The Pakistan Atomic Energy Commission (PAEC) has received a construction licence from the Pakistan Nuclear Regulatory Authority (PNRA) for the 1.2 GW Chashma Nuclear Power Plant Unit 5 (C-5) in Punjab. PAEC’s application, submitted in April...
Vistra has connected two new utility-scale solar projects in Illinois to the grid as part of efforts to amend the retirement schedule for its 1,185 MW Baldwin Power Plant. Originally set to retire in 2025, the plant will now operate until 2027...
SUN Energy has partnered with PT Bank SMBC Indonesia to obtain a USD 10 million Multi Option Trade Facility. The financing will support raw material procurement and expand solar energy projects in Indonesia’s commercial and industrial sectors...
JERA Co., Inc., Green Power Investment Co., Ltd. (GPI), and Tohoku Electric Power Co., Inc. (Tohoku Electric) have formed a consortium led by JERA to operate a 615 MW offshore wind project in the Sea of Japan, off the southern coast of Aomori...
Chinese solar photovoltaic (PV) module maker Trinasolar has partnered with AMEA Power to deploy its Elementa 2 platform for Egypt’s 300MWh Abydos Solar PV project. The project marks the country’s first utility-scale battery energy...
A government panel of experts has largely supported Japan’s new energy policy, which aims to meet growing power demands by expanding renewables to 40-50% of electricity needs and increasing nuclear power’s share to 20% by 2040. The proposal, which...
Nozomi Energy, a Japanese renewable energy company and an Actis subsidiary, has acquired a portfolio of 12 operational solar projects, totalling 312 MW. These projects, which range from 1 MW to over 60 MW, are backed by Feed-In-Tariff (FIT)...
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...
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, 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 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 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 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 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...
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...
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...
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 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...
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Navitas Solar has announced plans to invest around Rs 1,500 crore to establish a 3.6 GW solar cell...
The Ministry of New and Renewable Energy (MNRE) has launched the WT-MARUT (Wind Turbine Materials...
India’s renewable energy auction framework offers important lessons for Southeast Asian...
Tamil Nadu Chief Minister C Joseph Vijay has approved the construction of 231 new substations at an...
The All India DISCOMs Association (AIDAA) has called for a major overhaul of India’s resource...
The Government of Gujarat has included “Nuclear Power Equipment (including Small Modular...
Karnataka Power Transmission Corporation Limited (KPTCL) has launched a pilot project to implement...
NHPC Limited has signed a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh on...
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for the...
MNRE adds RECPDCL, REIL as rooftop solar implementation partners The Ministry of New and Renewable...