News Subsections

GE Vernova secures first H-Class natural gas order in Dominican Republic

GE Vernova has secured its first order for H-Class natural gas-fired combined cycle power generation equipment in the Caribbean.  The equipment will be deployed at Generadora San Felipe Limited’s (GSF) new 470 MW San Felipe power station in Punta...

Qair and Etermar Energia partner to advance offshore wind in Iberian Peninsula

Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects across the Iberian Peninsula. Etermar Energia signed the agreement during a visit to Qair’s Eolmed...

Japan unveils draft energy plan to boost renewables and nuclear power

Japan’s industry ministry has released a draft of its new basic energy plan, targeting a power generation mix with 40–50% renewable energy and 20% nuclear energy by fiscal 2040, as reported by Jiji Press via The Japan News. The draft marks a major...

EIB provides €243m green loan to ERG Group for renewable projects

The European Investment Bank (EIB) has committed €243m ($255m) to finance renewable energy projects by wind and solar operator ERG Group.  The funding will advance renewable energy development across Italy, France, and Germany, aligning with EU...

Apex Clean Energy secures financing for Prosperity Wind project

Apex Clean Energy has secured financing for the Prosperity Wind project, a 300MW wind farm under construction in Piatt County, Illinois, US. The project, featuring 50 Vestas turbines, is supported by White Construction and will generate 400 jobs. It...

Cubico reaches financial close for Wambo wind farm in Queensland

Cubico Sustainable Investments has achieved financial close for the Wambo wind farm project in Queensland, Australia. The project comprises the 252MW Stage I and 254MW Stage II wind farms. Two separate five-year project finance facilities, totalling...

Tion Renewables acquires 104MW solar portfolio in Spain from EDPR

Tion Renewables Group has completed a deal with EDP Renováveis (EDPR) to acquire a 104MW solar portfolio in Spain. The financial terms of the deal have not been disclosed. The portfolio consists of four operational solar parks: one in Aragon, which...

Vireon Hydrogen secures €3.8 million grant for 5 MW electrolyser in Finland

Vireon Hydrogen has received a €3.8 million grant from Business Finland to develop a 5 MW electrolyser facility at the Jyväskylä Hydrogen Hub in Finland. Phase one of the project focuses on constructing a hydrogen refueling station for heavy-duty...

Solarvest partners with Vista to develop solar projects in SEA

Solarvest Holdings Bhd has partnered with Singapore-based Vista Contracting and Investment Global Private Limited to develop rooftop and utility-scale solar projects in Malaysia, Brunei, Taiwan, and Cambodia. The collaboration, formalised through a...

EIB grants €225 million loan for Prologis solar energy project

The European Investment Bank (EIB) has approved a €225 million framework loan to Prologis to support its initiative to generate electricity from low-carbon sources.  The project involves installing rooftop solar panels and battery storage systems at...

Hydrom and thyssenkrupp nucera collaborate on Oman’s green hydrogen expansion

Hydrogen Oman (Hydrom) and thyssenkrupp nucera have signed a Memorandum of Understanding (MoU) to advance Oman’s green hydrogen sector.  The partnership will focus on exploring localisation opportunities and establishing service hubs for water...

KEGOC secures KZT141 billion funding for West Kazakhstan project

Kazakhstan Electricity Grid Operating Company (KEGOC) has signed loan agreements with the European Bank for Reconstruction and Development (EBRD) and the Development Bank of Kazakhstan for a total of KZT141 billion. Of this, up to KZT32 billion is...

GE Hitachi advances BWRX-300 SMR to GDA Step 2 in UK

GE Vernova’s nuclear division, GE Hitachi Nuclear Energy (GEH), has reached a significant milestone with its BWRX-300 small modular reactor (SMR) technology, advancing to Step 2 of the Generic Design Assessment (GDA) in the UK.   The GDA process...

NorthWestern acquires 10% stake in North Plains Connector HVDC project

NorthWestern Energy has entered into a memorandum of understanding (MoU) with Grid United’s North Plains Connector to acquire a 10% stake in the 3GW HVDC transmission line project.  The 420-mile (676 km) transmission line will link Bismarck, North...

Westinghouse and BWXT Canada partner on nuclear new-build projects globally

Westinghouse Electric Company and BWXT Canada have signed a memorandum of understanding (MoU) to collaborate on nuclear new-build projects in Canada and globally.  BWXT Canada will manufacture key components for Westinghouse’s AP1000 and AP300...

Vestas secures 1.1GW order for Inch Cape offshore wind project in Scotland

Vestas has received a firm and unconditional order for the 1.1GW Inch Cape offshore wind project in Scotland from Inch Cape Offshore, a joint venture between ESB and Red Rock Renewables.  The contract includes the supply, installation, and...

Masdar inaugurates 500MW Zarafshan wind farm in Uzbekistan

Masdar, an Abu Dhabi-based future energy company, has inaugurated the 500MW Zarafshan wind farm in Uzbekistan, marking the largest wind facility in Central Asia.  The project was officially opened by Uzbekistan’s President Shavkat Mirziyoyev...

Envision Energy secures largest battery storage order in South Africa

Envision Energy has secured a significant order to supply three battery energy storage systems (BESS) for South Africa’s Oasis 1 cluster of projects, with a total capacity of 257MW and 1,028 megawatt hours (MWh) of storage.  This order, the largest...

Kansai acquires stake in Windanker offshore wind farm in Germany

Japanese utility Kansai Electric Power has entered into a share purchase agreement with Iberdrola to acquire a 49% stake in the Windanker offshore wind farm project in Germany.  Kansai’s subsidiary, Windanker Investco, will hold the stake, subject to...

Iberdrola explores sale of UK smart metering business to raise £1bn

Spanish utility Iberdrola is considering the sale of its UK smart metering business, aiming to raise £1 billion ($1.27 billion), according to Reuters. The company is working with the Royal Bank of Canada as an adviser on the deal, though the sale...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

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...