Danish energy company Ørsted has started the process of divesting a 50% stake in its 2.9 GW Hornsea 3 offshore wind farm, located 120 km from the UK coast, according to Bloomberg. The sale, part of Ørsted’s broader divestment strategy led by...
vHive has announced a new platform for autonomous offshore wind turbine inspections, leveraging off-the-shelf drones to eliminate the need for costly hardware and specialised teams. Traditionally, offshore wind turbine inspections are complex and...
Acciona has announced plans to construct a 225 MW photovoltaic plant in La Joya, Arequipa, Peru, for the electricity company Kallpa Generación. Spanning 549 hectares, the project will feature 371,040 high-performance bifacial solar panels with...
CEE Group, a Hamburg-based asset manager focused on renewable energies, has acquired the Klüden solar photovoltaic (PV) project in Börde, Saxony-Anhalt, Germany, from German project developer Sunovis. The acquisition was made for CEE Group’s...
Energy and marine consultancy ABL, part of the ABL Group, has been awarded a contract to provide marine warranty survey (MWS) services for Iberdrola’s 315 MW Windanker offshore wind farm in the Baltic Sea, 25 km offshore Germany. ABL Germany, based...
AGL Energy has secured approval from the New South Wales (NSW) government to construct a A$1 billion battery energy storage system (BESS) in Newcastle. Located near Raymond Terrace, the Tomago BESS will be one of the largest batteries in NSW...
GE Vernova has won a contract from Powerlink, Queensland’s state-owned transmission utility, to supply equipment for its Capital Work program. The agreement includes the delivery of 69 Dead Tank Circuit Breakers (DTCBs), rated 245kV and above...
Buhawind Energy Philippines (BEP) has obtained green lane certification from the Board of Investments (BOI) for its three offshore wind power projects, collectively valued at PHP 694 billion. These projects, with a total installed capacity of 4,000...
National Grid Renewables has signed a power purchase agreement (PPA) with the Illinois Municipal Electric Agency (IMEA) for the 150 MW Bee Hollow solar project in St. Clair County, Illinois. Construction is slated to start in 2025, expanding the...
Indonesia’s President Prabowo Subianto has announced plans to retire all coal-fired power plants by 2040, advancing the previous target of 2056. At the G20 Summit in Rio de Janeiro on 19 November 2024, Subianto emphasized the need for global...
The 22-nation Arab Group, led by Saudi Arabia, has opposed any United Nations Climate Change Conference (COP29) agreement that targets fossil fuels, according to The New Arab. Saudi representative Albara Tawfiq stated that the bloc would reject any...
Azerbaijan has concluded its first renewable energy auction, awarding a 100 MW solar project in the Garadagh region to Chinese company Universal International Holdings. The company secured the contract with a winning bid of $0.0354 per kilowatt hour...
According to a report by Reuters, Norway’s Equinor is reducing its renewables workforce by 20%, approximately 250 full-time roles, due to challenges in the offshore wind sector. These challenges include cost inflation, high interest rates, and...
German energy group RWE has acquired a majority stake in R3 Renewables, a joint venture (JV) formed by US coal miner Peabody Energy, Summit Partners Credit Advisors (SPCA), and Riverstone Credit Partners. The deal, for an undisclosed sum, involves...
BayWa r.e. has sold three solar projects in the United States, totalling 517 MWDC, to an undisclosed renewable independent power producer (IPP). The deal, finalized in October 2024, represents the largest portfolio sale in BayWa r.e.’s history. The...
Masdar, the Abu Dhabi Future Energy Company, and China’s Silk Road Fund have signed a memorandum of understanding (MoU) to co-invest up to 20 billion yuan ($2.8 billion) in renewable energy projects. The agreement, signed at the COP29 climate...
Iberdrola, through its Perseo start-up programme, has invested in Revestimientos Técnicos Sostenibles (RTS), an Andalusian company specializing in thermal insulation and anti-corrosion coatings. The collaboration focuses on advanced materials such...
Taiwan’s Synera Renewable Energy Group (SRE Group) and South Korea’s Moondo Wind Energy (MWE) have launched a joint venture, Moondo Offshore Wind Energy, to develop an 840 MW offshore wind farm near Geomundo Island in Yeosu City...
The Australian Capital Territory (ACT) government and Eku Energy have commenced construction of the Williamsdale Battery Energy Storage System (BESS), a 250 MW/500 MWh project under the ACT Government’s Big Canberra Battery initiative. Scheduled to...
Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024. Axpo’s solar division, through its subsidiary Urbasolar...
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Vikram Solar has commissioned its new solar PV module manufacturing facility at Gangaikondan, Tamil...
Sunsure Energy has secured Rs 262 crore in project financing from FMO, the Dutch entrepreneurial...
Coal India, UPRVUNL sign JV agreement for renewable energy projects Coal India Limited (CIL) and...
Koraam, powered by Kosol Energie Pvt. Ltd., has secured a 5.8 MW order from Sandip Electronics and...
The Central Electricity Authority (CEA) has issued a comprehensive advisory to power distribution...
The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of...
The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption...
The Ministry of Power has issued a draft notification proposing amendments to India’s...
Tata Motors Limited has partnered with Welspun Renewable Energy Private Limited (WREPL) to...
NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...