News Subsections

Amarenco secures €500 million in debt financing for solar projects across Europe

Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg.  The funds will support the construction...

Tunisia to invest USD 2.2 billion in renewable energy

Tunisia’s government has announced a planned investment of USD 2.2 billion in its power sector by 2025, focusing on renewable energy development to reduce dependency on electricity imports from Algeria and Libya.  The initiative aims to increase the...

GE Vernova secures contract with 50Hertz for grid-stabilizing technology in Germany

GE Vernova Inc. has secured a contract with 50Hertz Transmission GmbH, one of Germany’s four transmission system operators, to deliver advanced grid-stabilizing technology to enhance the reliability of Germany’s electrical grid as it integrates more...

Tata Projects completes Barapukuria-Bogra transmission line in Bangladesh

Tata Projects Ltd, in collaboration with the Power Grid Company of Bangladesh (PGCB), has completed the 112-km, 400-kV double-circuit Barapukuria-Bogra transmission line project, valued at $120 million.  The project, executed in just 14 months...

Alpha Omega Power acquires Caballero battery project in California

Alpha Omega Power (AOP) has acquired and secured financing for the 100 MW/400 MWh Caballero battery energy storage project located in Nipomo, California.  Developed in partnership with Fengate Asset Management, the project aims to enhance energy...

COP29 operationalises international carbon market governance

At COP29 held in Baku, Azerbaijan, a key milestone in climate governance was reached with the operationalisation of international carbon market governance.  This progress is significant as it marks the first time that carbon credit trading systems...

Green & Clean Power raises $300 million for solar and storage project in Arkansas

US-based Green & Clean Power (GCP) has secured $300 million in debt and equity financing to develop a solar energy generation and battery storage facility in Osceola, Arkansas.  The funding includes $165 million in construction debt financing...

Biden administration surpasses $100 billion in clean energy grants under IRA

The Biden administration has surpassed $100 billion in clean energy grants through the Inflation Reduction Act (IRA), as confirmed by John Podesta, the president’s senior advisor for international climate policy.   Podesta emphasized the swift...

Hinkley Point C installs first new nuclear reactor in over 30 years

Hinkley Point C, located in Somerset, southwest England, has achieved a significant milestone with the installation of Britain’s first new nuclear reactor in more than 30 years.  The installation of the first of two 13-metre-long reactor pressure...

Eco Wave Power to launch Israel’s first wave energy project

Eco Wave Power Global, a leader in onshore wave energy technology, is set to inaugurate Israel’s first wave energy project in collaboration with EDF Renewables Israel.  The pilot station, located at Warehouse 2 in Jaffa Port, is scheduled for...

Longroad Energy closes financing for 111MW Sun Pond solar project

US-based renewable energy developer Longroad Energy has reached the financial close for the Sun Pond project, a 111MWdc solar and 85MWac/340MWh storage initiative located in Maricopa County, Arizona.  The project, part of the Longroad Sun Streams...

Centrica and EDF extend operational life of UK nuclear power stations

Centrica, in partnership with EDF, has announced the extension of the operational lives of its four advanced gas-cooled reactor nuclear power stations.  Heysham 1 and Hartlepool will now operate until March 2027, while Heysham 2 and Torness will...

Westinghouse’s eVinci microreactor receives NRC approval for control system

Westinghouse Electric Company has achieved a significant milestone with the approval of the eVinci microreactor’s Advanced Logic System (ALS) Version 2 instrumentation and control (I&C) platform by the US Nuclear Regulatory Commission (NRC). This...

Hitachi Energy invests $47m to expand high-voltage factory in Brno

Hitachi Energy is investing over CZK1.1bn ($47m) to expand its High Voltage Products factory in Brno, Czech Republic.  This expansion, expected to be completed by the end of 2025, aims to increase the factory’s production capacity by over 40% and...

Shell reduces offshore wind investments, restructures power division

Shell is scaling back its offshore wind investments and restructuring its power division following a comprehensive review.  This shift aligns with CEO Wael Sawan’s strategy to focus on high-return activities, particularly in oil, gas, and biofuels...

EQT and GIC acquire majority stake in UK company Calisen

EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs Alternatives, and Mubadala...

CrossBoundary Energy secures $140m from Standard Bank

CrossBoundary Energy has secured a $140 million senior debt commitment from Standard Bank of South Africa to scale its renewable energy portfolio across Africa.  The financing marks the first tranche of a broader $300 million debt mandate with...

Panasonic opens RE100 renewable-powered manufacturing plant in Wales

Panasonic Manufacturing UK has launched its RE100 facility in Cardiff, Wales, powered entirely by renewable energy sources including hydrogen fuel cells, solar photovoltaic (PV) power, and battery storage.  The facility features 21 hydrogen fuel...

Axpo Nordic signs 10-year electricity contract with Hydro Energi

Axpo Nordic has entered a ten-year agreement with Norway-based Hydro Energi to supply 2.63 TWh of electricity between 2026 and 2035.  The electricity will be delivered in the Swedish price area SE2, strengthening Hydro’s renewable energy...

PGE signs PPA with Avangrid for 120 MW solar project

Portland General Electric (PGE) has entered a power purchase agreement (PPA) with Avangrid, a member of the Iberdrola Group, to procure power from the 120 MWac (166 MWdc) Tower Solar project in Morrow County, Oregon.  Scheduled for completion in...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

CERC clears over 13,000 MW in March adoption orders

The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...

Power Sector News Roundup for April 10, 2026

Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...

Pace Digitek reports 178 BESS units deployed by March 2026

Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...

Vihaan Clean & Green commissions biomass boiler plant in Gujarat

Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...

Neuron Energy commissions 5 GWh BESS plant in Maharashtra

Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...

China’s CGN brings Southeast Asia’s largest solar project online in Laos

A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...

JSW Energy exercises option to acquire full stake in JMPCL

JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...

Saatvik Solar secures Rs 108.75 crore module order

Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...

Mahindra & Mahindra to take 26% stake in captive solar arm

Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...

Adani Green, IHC arm form JV for RE projects in India

Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...