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BayWa r.e. sells 517 MW US solar portfolio in largest transaction to date

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 and Silk Road Fund to co-invest $2.8bn in renewable energy projects

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 invests in RTS for insulation innovation, advances UK subsea cable project

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...

SRE Group and MWE form JV for offshore wind project in South Korea

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...

Construction begins on ACT’s 250 MW Williamsdale BESS

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 secures 163 MW capacity in French renewable energy tenders

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...

Planning application submitted for 2GW Caledonia offshore wind farm in Scotland

Ocean Winds has submitted a planning application to the Scottish government’s Marine Directorate for the 2GW Caledonia offshore wind farm in the outer Moray Firth.  This milestone follows three years of extensive development work since the site was...

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...

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Jupiter International begins work on solar ingot-wafer plant in Nagpur

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Vikran Engineering commissions 132 kV Miao–Namsai transmission line in Arunachal Pradesh

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L&T Q1 PAT rises 14% to Rs 4,123 crore; order book reaches Rs 778,954 crore

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PFCCL incorporates SPV for 5×500 MVA Benachigere transmission project

PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited...

NCT’s new scheme to act as “shock absorber” for northern grid

The National Committee on Transmission (NCT) has approved a Rs 4,378 crore transmission scheme to...