Denmark’s largest offshore wind farm tender, launched in April 2024, received no bids, marking a setback for the global offshore wind industry. The tender offered six sites with a combined capacity of up to 10GW, including three in the North...
CVC DIF has sold its 169 MW portfolio of Uruguayan wind farm projects, comprising the Cerro Grande and Peralta wind farms, to Pluspetrol for an undisclosed amount. The transaction, executed by DIF Infrastructure V and DIF Infrastructure VI, marks...
At the Nuclear Industry Association’s annual conference, Nuclear 2024, UK Secretary of State for Energy and Climate Change, Ed Miliband, praised the nuclear industry for offering “well-paid, highly skilled, unionised jobs” that benefit local...
Corio Generation, a London-based offshore wind developer backed by Macquarie Group, is planning staff reductions due to rising costs and pressures within the renewable energy sector. Since its founding in 2022, Corio has expanded with major projects...
The UK government is exploring new investor interest for the Sizewell C nuclear plant, as negotiations continue to secure funding for the project. These discussions come at a crucial time, with the UK aiming to modernise its power infrastructure by...
The Consumer Protection and Technical Regulatory Authority (CPTRA) of Estonia has announced an electronic auction for the development of an offshore wind farm in the Saare 1 area, located 60 km west of Saaremaa island in the Baltic Sea. The auction...
The Governments of the Philippines and the United Arab Emirates (UAE) have signed a memorandum of understanding (MoU) to strengthen cooperation in energy transition. The agreement focuses on key areas such as renewable energy, liquefied natural gas...
Spain is set to become a leader in renewable energy with the construction of the continent’s largest pumped storage power plant. Managed by Iberdrola, the Conso II project will be located in Ourense, Galicia, and will involve an investment of over...
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’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 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 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 (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...
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...
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...
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Navitas Solar has announced plans to invest around Rs 1,500 crore to establish a 3.6 GW solar cell...
The Ministry of New and Renewable Energy (MNRE) has launched the WT-MARUT (Wind Turbine Materials...
India’s renewable energy auction framework offers important lessons for Southeast Asian...
Tamil Nadu Chief Minister C Joseph Vijay has approved the construction of 231 new substations at an...
The All India DISCOMs Association (AIDAA) has called for a major overhaul of India’s resource...
The Government of Gujarat has included “Nuclear Power Equipment (including Small Modular...
Karnataka Power Transmission Corporation Limited (KPTCL) has launched a pilot project to implement...
NHPC Limited has signed a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh on...
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for the...
MNRE adds RECPDCL, REIL as rooftop solar implementation partners The Ministry of New and Renewable...