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Hungary proposes amendments to Paks nuclear plant contract with Rosatom

On November 19, 2024, the Hungarian government introduced a bill to its parliament seeking to amend the existing contract with Russia’s Rosatom for the expansion of the Paks nuclear power plant.  The Paks expansion, valued at €12.5 billion ($13.2...

RIC Energy and Rosemawr partner to deploy 450 MW solar and storage in New York

RIC Development, LLC (“RIC Energy”) has partnered with Rosemawr Management to finance interconnection deposits for up to 450 MW of solar and energy storage projects in New York over the next three years.  This partnership will help advance projects...

Aboitiz Power to develop Philippines’ first hybrid BESS and geothermal system

AP Renewables Inc. (APRI) and Aboitiz Renewables Inc. (ARI), subsidiaries of Aboitiz Power Corporation, have partnered with Shandong Electric Power Engineering Consulting Institute Co. Ltd. (SDEPCI) for the Bay Battery Energy Storage System (BESS)...

National Grid Renewables begins construction of 100MW Apple River Solar project

National Grid Renewables has started construction on the 100MW Apple River Solar project in Polk County, Wisconsin.  Scheduled to commence operations in late 2025, the project will generate clean energy sufficient to power approximately 26,000 homes...

Laurentis Energy Partners collaborates on SMR development in Poland

Laurentis Energy Partners has partnered with ORLEN Synthos Green Energy (OSGE) to advance small modular reactor (SMR) development in Poland.  The collaboration focuses on preparing the Preliminary Safety Analysis Report (PSAR), a critical document...

EGAT plans three pumped storage power plants in Thailand

The Electricity Generating Authority of Thailand (EGAT) has announced plans to develop three pumped storage power plants (PSPPs) at existing dams in Chaiyaphum, Kanchanaburi, and Nakhon Si Thammarat provinces.  These facilities will have a combined...

ACCIONA Energía sells hydro portfolio to Endesa for €1 billion

ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value).  The debt-free transaction is expected to generate capital gains of €620 million, with completion...

ACWA Power signs agreement with Uzbekistan for 2 GWh battery storage projects

On November 16, 2024, ACWA Power signed a binding Implementation Agreement (IA) with Uzbekistan’s Ministry of Energy to develop up to 2 GWh of standalone Battery Energy Storage Systems (BESS) across the country.  The agreement was formalized during...

SEFE, Eletrobras, and EnerTech partner to supply green hydrogen to Germany

Securing Energy for Europe (SEFE), Eletrobras, and EnerTech have signed a Joint Study Agreement (JSA) to deliver 200,000 tonnes of green hydrogen annually to Germany starting in 2030.  The partnership involves establishing a green hydrogen production...

Voltalia and TAQA Arabia partner for Zafarana wind farm in Egypt

Voltalia and TAQA Arabia have signed a memorandum of understanding (MOU) with Egypt’s Ministry of Electricity to repower the 545 MW Zafarana wind farms, originally commissioned two decades ago. The partnership will also develop a 3 GW hybrid...

Synera Renewable secures permit for Formosa 4 wind project in Taiwan

Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy Administration for its 495MW Formosa 4 Offshore Wind Project, marking a key milestone in Taiwan’s Phase 3 Zonal Development of Offshore Wind. Located off...

Fluor JV begins design phase for Cernavoda nuclear expansion in Romania

Fluor’s joint venture, including AtkinsRéalis, Sargent & Lundy, and Ansaldo Nucleare, has received a limited notice to proceed with the design phase for units 3 and 4 of Romania’s Cernavoda nuclear power plant. This phase includes...

Trump names Chris Wright as energy secretary

President-elect Donald Trump has appointed Chris Wright, a veteran of the US energy sector and CEO of Liberty Energy, as the next energy secretary. Wright is recognised as a pioneer of the American shale revolution, having played a crucial role in...

Poseidon to deliver cable services for Greater Changhua wind farms in Taiwan

Poseidon Cables has secured a contract with NCT Offshore to provide cable pre-rigging and pull-in services for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. Located 35-60km offshore Changhua County, the project will become Taiwan’s...

CBMM launches world’s largest niobium-based anode plant in Brazil

CBMM has inaugurated a state-of-the-art niobium-based anode production facility in Araxá, Brazil, marking a milestone in advanced battery technology. The plant will produce 2,000 tonnes of Echion Technologies’ XNO active anode material annually...

Masdar and SOCAR achieve financial close for 760MW solar projects in Azerbaijan

Masdar and SOCAR Green have achieved financial close for two solar projects in Azerbaijan: the 445MW Bilasuvar plant and the 315MW Neftchala plant, with a combined capacity of 760MW. The total investment for the projects exceeds $600 million, funded...

Field Energy acquires 200MW Hartmoor battery storage project in the UK

Renewable infrastructure developer Field Energy has acquired the 200MW Hartmoor battery storage project from Clearstone Energy, expanding its 11GW portfolio of battery storage projects across Europe. Located near Hartlepool, County Durham, the...

DOE allocates $15M to enhance hydropower flexibility

The U.S. Department of Energy (DOE) has announced $15 million in funding for nine projects designed to boost hydropower’s role in stabilizing the grid amid rising renewable energy adoption. Hydropower, currently contributing 27% of U.S. renewable...

Trump nominates Doug Burgum as energy council chair

President-elect Donald Trump has nominated North Dakota Governor Doug Burgum as U.S. Secretary of the Interior and chairman of the newly created National Energy Council. Burgum expressed gratitude for the nomination, emphasizing the importance of...

UK and US collaborate on advanced nuclear technologies at COP29

The UK and US have announced a partnership at COP29 in Baku, Azerbaijan, to advance nuclear technologies aimed at industrial decarbonisation and energy security. UK Energy Secretary Ed Miliband and US Deputy Secretary of Energy David Turk signed an...

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thyssenkrupp nucera wins FEED contract for 260 MW hydrogen project

Germany’s thyssenkrupp nucera has been awarded a Front-End Engineering and Design (FEED) study...

RenewSys commissions 3 GW solar module plant in Maharashtra

RenewSys India has inaugurated a 3 GW solar module manufacturing facility at IndoSpace Industrial...

NTPC signs MoU with Octopus Energy for power and digital collaboration

NTPC Limited has signed a Memorandum of Understanding (MoU) with Octopus Energy Group of the United...

Patel Engineering wins Rs 910 crore Renukaji Dam package

Patel Engineering Limited (PEL) has received a Letter of Award from Himachal Pradesh Power...

SJVN’s 1,000 MW Bikaner solar project crosses 1 BU generation

SJVN Limited has reported that its 1,000 MW Bikaner Solar Power Project has generated 1 billion...

BHEL to merge units in Haridwar and Hyderabad from April 1

Bharat Heavy Electricals Limited (BHEL) has approved the consolidation of two pairs of manufacturing...

Bluspring to acquire STEAG India, adding 7 GW O&M portfolio

Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private...

POWERGRID approves Rs 705.30 crore procurement of grid spares

Power Grid Corporation of India Limited (POWERGRID) has approved procurement of cold spare...

GAIL invests Rs 130 million in Leafiniti to develop CBG plants

GAIL (India) Limited has invested Rs 130 million in Leafiniti Bioenergy Private Limited, a...

India plans 1,121 GW power capacity by 2035-36, solar to lead

The Central Electricity Authority (CEA), under the Ministry of Power (MoP), has released the...