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Indonesia explores nuclear power technology, renewable energy expansion

Indonesia is in talks with the US and Russia to acquire nuclear power technology, targeting the operation of nuclear power plants by 2036, as reported by Reuters. Vivi Yulaswati, deputy minister at the Ministry of National Development Planning...

Pilbara Minerals and POSCO open Korea’s first lithium hydroxide plant

Australian mining company Pilbara Minerals and its joint venture (JV) partner POSCO Holdings have announced the completion of Train 2 at their Lithium Hydroxide Monohydrate Chemical Facility in Gwangyang, South Korea.  The facility is Korea’s first...

SAS and SES sign Taiwan’s first joint CPPA for offshore wind energy

Sino-American Silicon Products (SAS) and its subsidiary, Sustainable Energy Solution (SES), have signed a corporate power purchase agreement (CPPA) with Copenhagen Infrastructure Partners’ (CIP) Fengmiao I offshore wind farm, marking Taiwan’s...

Siemens and Tietoevry partner for power utilities’ digital transformation

Siemens and Tietoevry, a Nordic digital engineering and software company, have joined forces to enhance the digital transformation of the power utilities sector in Northern and Central Europe.  The collaboration integrates Siemens’ Gridscale X...

ABO Energy sells South African BESS projects to EDF

ABO Energy has sold the rights to two battery energy storage systems (BESS) in South Africa to French utility Électricité de France (EDF) after advancing them to ready-to-build status.  EDF secured preferred bidder status for both projects on...

Philippines launches $3.4 billion MTerra solar project

The Government of the Philippines has initiated the MTerra Solar Project in Nueva Ecija and Bulacan, with an investment of $3.4 billion.  The project aims to generate 4,500 MWh of energy, supplying electricity to approximately 2.4 million homes by...

Singapore commits SGD 100 million to green marine and offshore energy sectors

The Government of Singapore has announced an SGD 100 million investment to promote green growth in the marine and offshore energy sectors over the next five years, aiming for net-zero emissions by 2050.  This initiative focuses on marine...

112 MW Ballinagree wind farm in Ireland secures planning approval

The Ballinagree wind farm, a 50:50 joint venture between FuturEnergy Ireland (a Coillte-ESB partnership) and Danish developer Ørsted, has received planning approval.  Located between Millstreet and Macroom in County Cork, the project will feature 16...

Yinson Renewables secures $59m financing for Peru’s Matarani solar project

Yinson Renewables has obtained $59 million in senior secured green financing for the 97 MW peak Matarani solar project in Peru.  The financing, arranged by IDB Invest and Natixis Corporate & Investment Banking (Natixis CIB), adheres to the Green...

EIB and Naturgy secure €1bn loan for Spain’s renewable energy expansion

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...

Scaling power solutions to net zero by 2050 hindered by funding gaps

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 reaches financial close on Sonvanger solar plant

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...

Masdar completes €3.2bn acquisition of Terna Energy

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...

ADB and Gulf Renewable Energy secure $820m for Thai renewable projects

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 intensifies attacks on Ukraine’s energy infrastructure, deepens crisis

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 approves South Erregulla gas power plant project

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 to supply grid solutions for East Anglia 2 offshore wind project

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...

Hexicon secures majority stake in 1.1 GW MunmuBaram wind project

Swedish clean technology company Hexicon has secured approval from the South Korean Electricity Regulatory Commission (KOREC) for the transfer of two of three electricity business licenses (EBLs) for the 1.1 GW MunmuBaram floating offshore wind...

Vestas secures order for Nordseecluster B offshore wind project in Germany

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 inaugurates 150 MW Betierra solar project in Spain

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...

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Recent Posts

Navitas Solar to invest Rs 1,500 crore in 3.6 GW solar cell plant

Navitas Solar has announced plans to invest around Rs 1,500 crore to establish a 3.6 GW solar cell...

MNRE launches WT-MARUT portal for wind turbine supply chain management

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NHPC signs MoA for 3,097 MW Etalin hydro project in Arunachal Pradesh

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Power Sector News Roundup for June 16, 2026

MNRE adds RECPDCL, REIL as rooftop solar implementation partners The Ministry of New and Renewable...