The European Investment Bank (EIB) and Naturgy have finalized a €1 billion ($1.05 billion) loan to advance renewable energy projects in Spain. The first tranche of €400 million ($422 million) was signed in Madrid, marking a key milestone in Spain’s...
Achieving net zero emissions by 2050 requires substantial financial support, but experts at the London Climate Technology Show 2024 highlighted a persistent lack of investment in key sectors like carbon capture, grid efficiency, and decarbonizing...
Pele Green Energy (PGE) has achieved financial close for the 100 MW Sonvanger solar photovoltaic (PV) power plant in South Africa. Located 4 km southwest of Theunissen in the Masilonyana local municipality of Free State province, the plant will...
United Arab Emirates-based clean energy company Masdar has finalized its €3.2 billion ($3.3 billion) acquisition of Greece’s Terna Energy, the largest deal on the Athens Stock Exchange. The acquisition, announced in June 2024, involved the purchase...
The Asian Development Bank (ADB) and Gulf Renewable Energy Company, a subsidiary of Gulf Energy Development Public Company, have finalized an $820 million loan agreement to fund 12 renewable energy projects in Thailand. These include eight...
Russia has launched its 11th major assault on Ukraine’s energy infrastructure since March 2024, leaving over a million people without power, according to officials. The attacks targeted energy and fuel facilities, with Russia deploying 91 missiles...
Strike Energy has announced a final investment decision (FID) to proceed with the South Erregulla gas power plant in Western Australia. The 85 MW facility will supply firming power to the South West Interconnected System through the existing 132 kVa...
Hitachi Energy will provide essential grid connection and power quality solutions for ScottishPower Renewables’ East Anglia 2 (EA2) offshore wind farm. The 960 MW project, located 32 kilometres off Suffolk in eastern England, will generate...
Vestas has received a firm order from RWE for the 900 MW Nordseecluster B offshore wind project in the German North Sea. The project will feature 60 V236-15.0 MW wind turbines, with Vestas responsible for their supply, delivery, commissioning, and a...
Sonnedix has inaugurated its 150 MW Betierra solar project in Castilla-La Mancha, marking the company’s achievement of over 1 GW of owned and operated renewable energy capacity in Spain. The project consists of three 50 MW solar plants with...
ENERCON has partnered with Iceland’s state-owned energy provider Landsvirkjun to deliver the country’s first large wind farm. The 120 MW project in Búrfell, approximately 130 km from Reykjavik, will use 28 E-138 EP3 turbines. Construction begins...
The £2.4 billion NeuConnect project has completed the first 56 km of cabling, creating the first direct energy link between the UK and Germany. This phase included both onshore and subsea cabling works in the UK. NeuConnect will link new converter...
State Grid Corporation of China (SGCC) has connected the Gan 1 section of the ±800 kV Ningxia–Hunan ultra-high voltage direct current (UHVDC) transmission project to the grid. Located in Gansu, this marks the completion of the first segment of the...
Egypt’s General Authority for Investment and Free Zones (GAFI) has partnered with Polish firm Hynfra to establish a green ammonia production facility with an initial investment of $1.6 billion. The plant’s first phase will operate entirely on...
Alfanar Projects has entered into agreements exceeding SAR 20 billion with the Saudi Electricity Company (SEC) to advance Saudi Arabia’s energy sector. Formalized during the Energy Localization Forum by the Ministry of Energy, these contracts...
Capital Power has announced the sale of a 49% interest in two Canadian wind facilities to Axium Infrastructure for approximately $340 million. The facilities include the 142 MW Quality Wind project in British Columbia and the 104 MW Port Dover and...
Uniper has entered into a six-year power purchase agreement (PPA) with Stegra to supply 6 terawatt hours (TWh) of electricity to Stegra’s plant in Boden, Northern Sweden, from 2027 to 2032. The agreement will power Stegra’s green hydrogen...
Singapore-based Maxeon Solar Technologies has announced plans to divest its non-US assets, concentrating exclusively on the US market to drive growth and profitability. Maxeon will lease a facility in Albuquerque, New Mexico, for solar panel...
The Western Australian (WA) government has completed the second phase of the Kwinana big battery project, marking a major milestone in the region’s energy transition. This phase involved constructing an A$661 million ($428 million) battery...
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The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...
Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...
Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...
Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...
Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...
A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...
JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...
Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...
Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...
Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...