Afreximbank has signed a financing agreement for a 200 MW hydropower project along the Lufira River in the Democratic Republic of Congo (DRC), in partnership with Kipay Investments. This marks the bank’s first private-sector renewable energy project...
Envision Energy has signed a 344.5MW wind turbine supply agreement for the Quezon North Wind project, making it the Philippines’ largest single wind power contract. ACEN, the Ayala Group’s renewable energy platform, awarded it. The...
Ørsted has divested a 50% equity stake in three US solar and battery projects to Energy Capital Partners (ECP) for $572m. The projects include Mockingbird Solar (468MW) and Sparta Solar (250MW) in Texas, as well as the Eleven Mile Solar Center in...
Energy solutions provider Qcells has achieved a world record of 28.6% efficiency in tandem solar cells on a full-area M10-sized cell (~0.36ft²) through its research and development (R&D) pilot line in Germany. The milestone, verified by CalLab...
Prysmian, a leading manufacturer of energy and telecom cables, has entered into a framework agreement with Réseau de Transport d’Électricité (RTE), France’s transmission system operator, to provide submarine power cable links for two offshore...
Westinghouse Electric Company and Aecon have signed two agreements to jointly develop and deploy advanced nuclear power projects, including the construction of AP1000 reactors in Canada. The collaboration is projected to generate up to C$28.7 billion...
The Sheringham Shoal and Dudgeon offshore wind farm extension projects in Norfolk, UK, will be developed under a joint ownership structure, subject to regulatory approval. This will streamline the development process by combining the two projects...
Canada has revised its target for achieving a net-zero electricity grid, extending the deadline from 2035 to 2050. This decision follows the release of the finalised Clean Electricity Regulations (CER), which were influenced by feedback from...
Nexamp has announced a partnership with Walmart to develop 31 community solar projects across the United States, expected to generate over 120 MW (DC) of renewable energy. This collaboration is their second, following a previous joint effort in 2021...
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), has acquired a majority stake in the Toqlukuti’k Wind & Hydrogen project, a large-scale onshore wind and hydrogen initiative in Newfoundland & Labrador...
Korea Electric Power Corporation (KEPCO) has completed the ±150 kV Wando–Dongjeju high voltage direct current (HVDC) project, enhancing the power supply to Jeju Island. The project, with a capacity of 200 MW, includes a 98-km undersea cable that...
Alternus Clean Energy has finalized the acquisition of LiiON, LLC through an asset purchase agreement executed by one of its US subsidiaries. The $5 million deal combines debt and equity, granting Alternus LiiON’s customer contracts, service...
Vietnam and Singapore are set to collaborate on an offshore wind (OSW) power project that will export electricity from Vietnam to Singapore starting in 2030. The announcement was made during a meeting between Vietnam’s Minister of Natural Resources...
ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa. This acquisition will strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The...
The US Department of Energy (DoE) has provided a conditional commitment for a $15 billion loan to California-based electric utility PG&E. If finalized by the DoE’s Loan Programs Office (LPO), the loan will support multiple energy projects in...
Commonwealth Fusion Systems (CFS) has unveiled plans to build the world’s first grid-scale commercial fusion power plant, ARC, at the James River Industrial Park in Chesterfield County, Virginia. The site, owned by Dominion Energy Virginia, was...
The Government of Montenegro has approved a list of 15 priority energy infrastructure projects worth EUR 1.38 billion. This fulfils chapter 21 – Trans-European Network – of the EU accession negotiations. The European Commission will use this list to...
Hydro One, in partnership with First Nations, will develop a critical 260km transmission line in northern Ontario, connecting the Wawa transformer station to the Porcupine station in Timmins. The Ontario Energy Board has been directed to amend Hydro...
VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least...
Lightsource bp has commenced construction on its Goulburn River hybrid solar project and Woolooga battery energy storage system (BESS) in New South Wales and Queensland, Australia, respectively. These projects integrate solar power with battery...
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Coal India, UPRVUNL sign JV agreement for renewable energy projects Coal India Limited (CIL) and...
Koraam, powered by Kosol Energie Pvt. Ltd., has secured a 5.8 MW order from Sandip Electronics and...
The Central Electricity Authority (CEA) has issued a comprehensive advisory to power distribution...
The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of...
The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption...
The Ministry of Power has issued a draft notification proposing amendments to India’s...
Tata Motors Limited has partnered with Welspun Renewable Energy Private Limited (WREPL) to...
NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...
Prime Minister Narendra Modi has laid the foundation stone for an interstate transmission project...
The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission...