Author: PPD Team Date: 26/11/2024 CEE Group, a Hamburg-based asset manager focused on renewable energies, has acquired the Klüden solar photovoltaic (PV) project in Börde, Saxony-Anhalt, Germany, from German project developer Sunovis. The...
Author: PPD Team Date: 26/11/2024 Energy and marine consultancy ABL, part of the ABL Group, has been awarded a contract to provide marine warranty survey (MWS) services for Iberdrola’s 315 MW Windanker offshore wind farm in the Baltic Sea, 25 km...
Author: PPD Team Date: 26/11/2024 AGL Energy has secured approval from the New South Wales (NSW) government to construct a A$1 billion battery energy storage system (BESS) in Newcastle. Located near Raymond Terrace, the Tomago BESS will be one of...
Author: PPD Team Date: 26/11/2024 GE Vernova has won a contract from Powerlink, Queensland’s state-owned transmission utility, to supply equipment for its Capital Work program. The agreement includes the delivery of 69 Dead Tank Circuit...
Author: PPD Team Date: 26/11/2024 Buhawind Energy Philippines (BEP) has obtained green lane certification from the Board of Investments (BOI) for its three offshore wind power projects, collectively valued at PHP 694 billion. These projects, with a...
Author: PPD Team Date: 26/11/2024 National Grid Renewables has signed a power purchase agreement (PPA) with the Illinois Municipal Electric Agency (IMEA) for the 150 MW Bee Hollow solar project in St. Clair County, Illinois. Construction is slated...
Author: PPD Team Date: 26/11/2024 Indonesia’s President Prabowo Subianto has announced plans to retire all coal-fired power plants by 2040, advancing the previous target of 2056. At the G20 Summit in Rio de Janeiro on 19 November 2024, Subianto...
Author: PPD Team Date: 26/11/2024 The 22-nation Arab Group, led by Saudi Arabia, has opposed any United Nations Climate Change Conference (COP29) agreement that targets fossil fuels, according to The New Arab. Saudi representative Albara Tawfiq...
Author: PPD Team Date: 26/11/2024 Azerbaijan has concluded its first renewable energy auction, awarding a 100 MW solar project in the Garadagh region to Chinese company Universal International Holdings. The company secured the contract with a...
Author: PPD Team Date: 26/11/2024 According to a report by Reuters, Norway’s Equinor is reducing its renewables workforce by 20%, approximately 250 full-time roles, due to challenges in the offshore wind sector. These challenges include cost...
Author: PPD Team Date: 26/11/2024 German energy group RWE has acquired a majority stake in R3 Renewables, a joint venture (JV) formed by US coal miner Peabody Energy, Summit Partners Credit Advisors (SPCA), and Riverstone Credit Partners. The deal...
Author: PPD Team Date: 26/11/2024 BayWa r.e. has sold three solar projects in the United States, totalling 517 MWDC, to an undisclosed renewable independent power producer (IPP). The deal, finalized in October 2024, represents the largest portfolio...
Author: PPD Team Date: 26/11/2024 Masdar, the Abu Dhabi Future Energy Company, and China’s Silk Road Fund have signed a memorandum of understanding (MoU) to co-invest up to 20 billion yuan ($2.8 billion) in renewable energy projects. The agreement...
Author: PPD Team Date: 25/11/2024 Iberdrola, through its Perseo start-up programme, has invested in Revestimientos Técnicos Sostenibles (RTS), an Andalusian company specializing in thermal insulation and anti-corrosion coatings. The collaboration...
Author: PPD Team Date: 25/11/2024 Taiwan’s Synera Renewable Energy Group (SRE Group) and South Korea’s Moondo Wind Energy (MWE) have launched a joint venture, Moondo Offshore Wind Energy, to develop an 840 MW offshore wind farm near...
Author: PPD Team Date: 25/11/2024 The Australian Capital Territory (ACT) government and Eku Energy have commenced construction of the Williamsdale Battery Energy Storage System (BESS), a 250 MW/500 MWh project under the ACT Government’s Big Canberra...
Author: PPD Team Date: 22/11/2024 Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024. Axpo’s solar division...
Author: PPD Team Date: 22/11/2024 Ocean Winds has submitted a planning application to the Scottish government’s Marine Directorate for the 2GW Caledonia offshore wind farm in the outer Moray Firth. This milestone follows three years of extensive...
Author: PPD Team Date: 22/11/2024 On November 19, 2024, the Hungarian government introduced a bill to its parliament seeking to amend the existing contract with Russia’s Rosatom for the expansion of the Paks nuclear power plant. The Paks expansion...
Author: PPD Team Date: 22/11/2024 RIC Development, LLC (“RIC Energy”) has partnered with Rosemawr Management to finance interconnection deposits for up to 450 MW of solar and energy storage projects in New York over the next three years. This...
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