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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...

Ofgem approves funding for transmission projects in Scotland

The British Office of Gas and Electricity Markets (Ofgem) has approved funding for several transmission infrastructure projects in Scotland, enabling SSEN Transmission to begin pre-construction activities such as community consultations and supply...

TotalEnergies and OQAE to develop 300 MW RE projects in Oman

TotalEnergies has partnered with OQ Alternative Energy (OQAE) to develop 300 MW of renewable energy projects in Oman.  The electricity generated will be supplied to Petroleum Development Oman (PDO) through long-term power purchase agreements, with...

Hygreen Energy supplies 25 MW electrolyser for hydrogen project in China

Hygreen Energy has delivered a 25 MW electrolyser system to Huadian Weifang Power Generation Co., Ltd.  The system, capable of producing 3.6 tonnes of hydrogen daily with 99.999 percent purity, will support large-scale hydrogen projects in...

Ofgem proposes energy debt reforms amid £4bn crisis

The UK Office of Gas and Electricity Markets (Ofgem) has proposed reforms to address household energy debts, which have surged to £4bn ($5.1bn).  The regulator suggests changes such as introducing tariffs without standing charges and standardizing...

ADB approves $200m loan for Pakistan’s power distribution

The Asian Development Bank (ADB) has sanctioned a $200 million loan to modernise Pakistan’s power distribution infrastructure. The initiative targets reducing energy losses, strengthening infrastructure resilience against climate change, and...

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Recent Posts

Navitas Solar to invest Rs 1,500 crore in 3.6 GW solar cell plant

Navitas Solar has announced plans to invest around Rs 1,500 crore to establish a 3.6 GW solar cell...

MNRE launches WT-MARUT portal for wind turbine supply chain management

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Gujarat’s new industrial policy extends incentives to SMR and nuclear equipment makers

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KPTCL launches dynamic line rating pilot on Bengaluru transmission line

Karnataka Power Transmission Corporation Limited (KPTCL) has launched a pilot project to implement...

NHPC signs MoA for 3,097 MW Etalin hydro project in Arunachal Pradesh

NHPC Limited has signed a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh on...

POWERGRID wins WR-ER inter-regional transmission project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for the...

Power Sector News Roundup for June 16, 2026

MNRE adds RECPDCL, REIL as rooftop solar implementation partners The Ministry of New and Renewable...