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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...

Spain to build largest pumped storage hydro power plant in Europe

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 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...

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Sunsure Energy secures Rs 262 crore financing for Tamil Nadu solar project

Sunsure Energy has secured Rs 262 crore in project financing from FMO, the Dutch entrepreneurial...

Power Sector News Roundup for July 6, 2026

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