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...
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, 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 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...
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, 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 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 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 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 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 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 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 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...
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...
Equinix has entered its second power purchase agreement with Sembcorp Power to source renewable energy. The project, with a maximum capacity of 58.5 MWp, will be developed on JTC properties on Jurong Island. This includes 60 hectares of vacant land...
The US Department of Commerce has announced preliminary antidumping tariffs ranging from 21.31% to 271.28% on crystalline solar cells imported from Cambodia, Malaysia, Thailand, and Vietnam. China’s JinkoSolar will face tariffs of 21.31% on...
Quaise Energy has partnered with Nevada Gold Mines (NGM) to explore deep geothermal energy for decarbonizing NGM’s TS power plant. This collaboration aims to hybridize on-site power generation by utilizing geothermal heat from NGM’s land...
TotalEnergies and Aljomaih Energy & Water Company (AEW) have been awarded the 300-MW Rabigh 2 solar power project in Saudi Arabia. A 25-year power purchase agreement (PPA) for the project was signed with the Saudi Power Procurement Company...
JDR Cable Systems, part of the TFKable Group, has secured a contract from DEME Offshore for the Coastal Virginia Offshore Wind (CVOW) project, the largest offshore wind farm in the United States. The 2.6-GW project will supply power to 660,000 homes...
GE Vernova has secured an order from Dominion Energy South Carolina to modernize two hydropower units at the Saluda Hydro power plant, located on the Saluda River near Columbia, South Carolina. The project will enhance the plant’s performance...
Monthly Magazine
Recent Posts
Germany’s thyssenkrupp nucera has been awarded a Front-End Engineering and Design (FEED) study...
RenewSys India has inaugurated a 3 GW solar module manufacturing facility at IndoSpace Industrial...
NTPC Limited has signed a Memorandum of Understanding (MoU) with Octopus Energy Group of the United...
Patel Engineering Limited (PEL) has received a Letter of Award from Himachal Pradesh Power...
SJVN Limited has reported that its 1,000 MW Bikaner Solar Power Project has generated 1 billion...
Bharat Heavy Electricals Limited (BHEL) has approved the consolidation of two pairs of manufacturing...
Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private...
Power Grid Corporation of India Limited (POWERGRID) has approved procurement of cold spare...
GAIL (India) Limited has invested Rs 130 million in Leafiniti Bioenergy Private Limited, a...
The Central Electricity Authority (CEA), under the Ministry of Power (MoP), has released the...
