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BP and JERA to form offshore wind joint venture

BP and Japanese power generator JERA have announced a joint venture to create one of the world’s largest offshore wind operators, reported Reuters.  The 50-50 partnership, named JERA Nex bp, will combine their operating assets and projects, targeting...

Canada announces C$1 billion funding for clean energy projects

The government of Canada has allocated C$1 billion ($707 million) in funding for clean electricity projects in the New Brunswick region.  The initiative, in collaboration with the Canada Infrastructure Bank (CIB), aims to support Indigenous-led wind...

AfDB appointed lead arranger for Moyi Power metro-grids project in DRC

The African Development Bank (AfDB) has been named the mandated lead arranger for the Moyi Power metro-grids project, a $340 million private sector-led electrification initiative in the Democratic Republic of Congo (DRC). The project is now entering...

CREC and Sungrow sign agreement for 1.5 GWh BESS supply

Citicore Renewable Energy Corporation (CREC) has signed a supply and services agreement with Sungrow for the development of Battery Energy Storage Systems (BESS) to support its solar power projects. Under the agreement, CREC will procure 1.5 GWh of...

VNG AG and HyCC to develop 500 MW green hydrogen electrolyser in Germany

VNG AG, its subsidiary VNG Handel & Vertrieb GmbH (VNG H&V), and Dutch hydrogen company HyCC are planning to jointly develop a 500 MW electrolyser for green hydrogen production in Lutherstadt Wittenberg, Germany.  The green hydrogen will be...

NGCP energises 230 kV Cebu–Bohol interconnection project

The National Grid Corporation of the Philippines (NGCP) has energised the 230 kV Cebu–Bohol interconnection project (CBIP).  The 1.2 GW interconnection will enhance grid stability across Central Visayas, covering the islands of Bohol and Cebu. CBIP...

Construction begins for Khorlochhu Hydropower Project in Bhutan

The construction work of the Rs 69 billion Khorlochhu Hydropower Project in Bhutan has commenced, with the plant expected to be commissioned by September 2029.  The 600 MW project is being developed on the Kholongchhu River in eastern Bhutan. In...

EBRD and Romania sign MoU for renewable energy projects

The European Bank for Reconstruction and Development (EBRD) has signed a memorandum of understanding (MoU) with Romania to support renewable energy development in the country.  The MoU, signed by Romania’s Energy Minister Sebastian Burduja and EBRD...

EliTe Solar commissions new solar cell production facility in Indonesia

EliTe Solar has officially opened a new solar cell production facility in Indonesia, aimed at driving clean energy adoption and fostering sustainable economic growth in the region.  The facility, developed in collaboration with local authorities and...

Pine Gate receives approval for 2.4GW Sunstone solar project in Oregon

Pine Gate Renewables has received final discretionary approval from the Oregon Energy Facility Siting Council (EFSC) to begin construction of the 2.4GW Sunstone solar project, which includes 1.2GW of solar capacity and 1.2GW of energy storage.  This...

CPS Energy partners with OCI Energy for 120MW BESS in Texas

CPS Energy has teamed up with OCI Energy to develop a 120MW/480MWh battery energy storage system (BESS) in southeastern Bexar County, Texas.  The Alamo City ESS LLC project is set to be operational by late 2026.  OCI Energy will handle the...

ISA and USAID partner to enhance grid interconnections

The International Solar Alliance (ISA) and the United States Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) to strengthen grid interconnections and promote sustainable energy systems.  The partnership...

Denmark’s largest offshore wind farm tender in the North Sea receives no bids

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...

Meta signs agreements for 760 MW of renewable energy with Invenergy

Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW...

CVC DIF sells 169 MW Uruguayan wind farm portfolio to Pluspetrol

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...

Nuclear industry “a model for the rest of economy”, UK energy secretary says

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 plans staff reductions amid wind sector challenges

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...

UK seeks new investors for Sizewell C nuclear project

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...

Estonia to host electronic auction for offshore wind farm in Saare 1 area

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...

Philippines and UAE sign MoU for energy transition cooperation

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...

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PFCCL incorporates SPV for 5×500 MVA Benachigere transmission project

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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...