News Subsections

US DoE offers $15 billion loan commitment to PG&E

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...

CFS plans world’s first commercial fusion power plant in Virginia

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...

Montenegro prioritizes EUR 1.38 billion energy projects for EU accession

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 to develop key transmission line in northern Ontario

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 plans 100 MW solar projects across Southeast Asia and Europe

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 begins construction on Goulburn River Woolooga BESS

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...

Arctech’s SkyLine II solar tracker powers Azerbaijan’s largest solar plant

Arctech’s SkyLine II solar tracker system has been successfully used in Azerbaijan’s largest utility-scale solar project, a 312 MW plant located in the Garadagh Gobi Desert.  The Garadagh solar plant spans 550 hectares and generates 500 million...

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...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

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

Jupiter International has started work on a Rs 3,000 crore solar ingot and wafer manufacturing...

ADB approves $850 million loan to support India’s rooftop solar rollout

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms aimed at...

Coal quality issues leave 1,700 MW unavailable at MAHAGENCO plants

Maharashtra faced power shortages in June 2026 that led to load shedding on 11 days, with poor coal...

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

Nuclear Power Corporation of India Limited (NPCIL) and Indian Institute of Technology Bombay (IIT...

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

Vikran Engineering has commissioned the 132 kV Miao–Namsai Transmission Line in Arunachal Pradesh...

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

Pace Digitek Limited has signed an Engineering, Procurement and Construction (EPC) contract with NLC...

Ampere partners Muthoot Capital to expand EV financing across India

Ampere, the electric two-wheeler brand of Greaves Electric Mobility Limited (GEML), has partnered...

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

Larsen & Toubro Limited (L&T) reported consolidated Profit After Tax (PAT) of Rs 4,123 crore...

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...