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AfDB invests in climate tech in Sub-Saharan Africa

The African Development Bank (AfDB) has committed USD 10 million from its Sustainable Energy Fund for Africa (SEFA) to the Persistent Africa Climate Venture Builder Fund (ACV Fund). This initiative supports climate technology entrepreneurship in...

EVN signs contract for Côn Đảo power connection

Vietnam Electricity (EVN) has signed a VND4.923 trillion contract with PC1 Group and Power Engineering Consulting JSC 4 to connect Côn Đảo to the national grid. The project involves a 77.7 km 110kV submarine cable from Sóc Trăng to Côn Đảo, along...

Neoen secures AUD 1.4 billion for Australian renewable energy projects

Neoen has obtained AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets, effectively doubling its Australian renewable energy portfolio financing.  Eleven major lenders participated, including ANZ, Bank of China, and the...

AMEA Power commissions 500 MW Abydos Solar PV plant in Egypt

AMEA Power has commissioned the 500 MW Abydos Solar PV Plant in Egypt’s Aswan Governorate.  The plant will generate around 1,500 GWh of renewable energy annually, reducing carbon emissions by 782,300 tonnes. The project was completed in 18...

GE Vernova delivers 3.4MW wind turbine to NREL for energy research

GE Vernova’s Advanced Research Center has delivered a 3.4MW-140m wind turbine to the National Renewable Energy Laboratory (NREL) for energy research.  The wind turbine will serve as a research platform at NREL, focusing on areas such as grid testing...

Romania signs EPC contract to extend life of Cernavoda NPP Unit 1

Romanian state-owned nuclear power producer Nuclearelectrica has signed a €1.9 billion ($1.97 billion) engineering, procurement, and construction (EPC) contract to extend the life of Unit 1 at the Cernavoda nuclear power plant.  The contract was...

Afreximbank funds hydropower project in DRC

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 secures record wind contract in the Philippines

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 sells 50% stake in US solar and battery projects

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...

Qcells achieves 28.6% efficiency in tandem solar cells

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 secures submarine cable projects in France

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 and Aecon partner to advance nuclear energy projects

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...

Sheringham Shoal and Dudgeon offshore wind farm extension projects to be developed jointly

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 extends net zero electricity grid target to 2050

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 and Walmart partner to develop 31 community solar projects across US

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...

CIP acquires majority stake in Toqlukuti’k Wind & Hydrogen project

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...

KEPCO completes ±150 kV HVDC project connecting Wando and Jeju

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 acquires LiiON for $5 million

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 to collaborate for electricity export

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 to acquire Gamesa Electric’s power electronics business in Spain

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...

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Jupiter International begins work on solar ingot-wafer plant in Nagpur

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NPCIL, IIT Bombay partner on soil improvement technique for GHAVP 3 & 4

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Vikran Engineering commissions 132 kV Miao–Namsai transmission line in Arunachal Pradesh

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Pace Digitek signs EPC contract with NLC for 250 MW/500 MWh BESS in Tamil Nadu

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Ampere partners Muthoot Capital to expand EV financing across India

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L&T Q1 PAT rises 14% to Rs 4,123 crore; order book reaches Rs 778,954 crore

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PFCCL incorporates SPV for 5×500 MVA Benachigere transmission project

PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited...

NCT’s new scheme to act as “shock absorber” for northern grid

The National Committee on Transmission (NCT) has approved a Rs 4,378 crore transmission scheme to...