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ARCO/Murray to build Boviet Solar’s manufacturing hub in North Carolina

Author: PPD Team Date: 18/10/2024 ARCO/Murray has been selected to construct a solar manufacturing hub for Boviet Solar in North Carolina, USA.  The project, expected to create 900 local jobs, will be executed in two phases to expand solar module and...

Dominion Energy and Amazon sign MoU for SMR development in Virginia

Author: PPD Team Date: 18/10/2024 Dominion Energy Virginia has entered into a partnership with Amazon to explore the advancement of small modular reactor (SMR) nuclear technology within Virginia.  The two companies signed a memorandum of...

Global energy system faces rising risks amid geopolitical strains: IEA

Author: PPD Team Date: 18/10/2024 The International Energy Agency (IEA) highlighted the vulnerabilities in the global energy system, exacerbated by regional conflicts and geopolitical tensions, in its World Energy Outlook 2024. The IEA underscored...

Philippines DOE to commercialize three offshore wind projects

Author: PPD Team Date: 18/10/2024 The Department of Energy (DOE) in the Philippines has announced plans to commercialize three offshore wind projects with a combined capacity of 1,650 MW. The projects have received certificates of confirmation of...

Ohmium partners with SwitcH2 for offshore green hydrogen and ammonia project

Author: PPD Team Date: 18/10/2024 Ohmium International has signed a term sheet with SwitcH2 BV, a renewable energy joint venture involving BW Offshore, to develop PEM electrolyser systems for a 300 MW offshore floating green hydrogen and ammonia...

US commits $900 million for Gen III+ SMR technologies

Author: PPD Team Date: 17/10/2024 The US Department of Energy (DOE) has committed $900 million to advance the development and deployment of Generation III+ small modular reactor (SMR) technologies. This funding, part of the Consolidated...

Hithium Energy and MANAT to establish BESS manufacturing facility in Saudi Arabia

Author: PPD Team Date: 17/10/2024 Hithium Energy Storage Technology has partnered with Nabilah AlTunisi’s company, MANAT, to launch a joint venture named Hithium MANAT. The venture will establish a battery energy storage systems (BESS)...

VNG AG partners to explore green hydrogen production in Algeria

Author: PPD Team Date: 17/10/2024 VNG AG has signed a letter of intent with Algerian energy firms Sonatrach and Sonelgaz, along with SNAM, SeaCorridor, and VERBUND, to jointly assess the feasibility of large-scale green hydrogen production in...

Sumitomo and CEP Solar to deliver 1.5GW of clean energy projects in Virginia

Author: PPD Team Date: 17/10/2024 Sumitomo Corporation, through its Sumitomo Corporation of Americas and Perennial Power Holdings, has partnered with CEP Solar to develop over 1.5GW of solar and battery storage assets in Virginia, US.  This joint...

Masdar and Presight to launch AI tool for managing assets globally

Author: PPD Team Date: 17/10/2024 UAE-based Masdar has teamed up with Presight to create an AI-driven asset management tool aimed at optimising its global renewable energy projects.  The tool will leverage big data analytics and generative AI to...

World Bank approves USD 250 million for renewable energy in Lebanon

Author: PPD Team Date: 17/10/2024 The World Bank’s Board of Executive Directors has approved a USD 250 million project to expand renewable energy sources (RES) in Lebanon and support ongoing electricity grid reforms. The initiative will strengthen...

Highview Power to develop 2.5 GWh LDES project in Scotland

Author: PPD Team Date: 16/10/2024 Highview Power has announced plans to build a long-duration energy storage (LDES) project with a capacity of 2.5 GWh in Ayrshire, Scotland. Located at Peel Ports’ property in Hunterston, North Ayrshire, the...

EIB and Intesa Sanpaolo launch €8 billion wind sector initiative

Author: PPD Team Date: 16/10/2024 The European Investment Bank (EIB) and Intesa Sanpaolo have launched an initiative to unlock €8 billion in wind sector investments, as part of EIB’s €5 billion wind energy plan unveiled at COP28. Supported by...

Vertiv expands North American manufacturing with new facility in South Carolina

Author: PPD Team Date: 16/10/2024 Vertiv has announced the expansion of its North American manufacturing operations with a new 215,000 sqft facility in Pelzer, South Carolina. This facility is expected to create up to 300 skilled jobs and will...

Alcazar Energy acquires rights for 968MW of renewable projects in Serbia

Author: PPD Team Date: 16/10/2024 Sustainable infrastructure fund Alcazar Energy Partners has signed agreements with RP Global to acquire rights for 968MW of renewable energy projects in Serbia. The deal includes Project Celzijus 1, a 200MW onshore...

TOYO to build 2GW solar cell manufacturing facility in Ethiopia

Author: PPD Team Date: 16/10/2024 Japanese firm TOYO has announced plans to build a 2GW solar cell manufacturing facility in Hawassa, Ethiopia, with an estimated investment of $60 million. The facility will be developed on a 31,500m² site, with...

BrightNight and Cordelio Power secure $260m financing for solar project

Author: PPD Team Date: 16/10/2024 Renewable power companies BrightNight and Cordelio Power have secured $260 million in tax-equity financing for the 300MW Box Canyon solar project in Pinal County, Arizona. The financing, provided by affiliates of JP...

Google signs deal with Kairos for 500MW nuclear projects by 2035

Author: PPD Team Date: 16/10/2024 Google has signed a master plant development agreement with Kairos Power to generate clean energy for its AI data centres using small modular nuclear reactors (SMRs). The agreement outlines a plan to deploy 500MW of...

Australia’s largest wind farm begins supplying power to Victoria’s grid

Author: PPD Team Date: 16/10/2024 The 1.3GW Golden Plains wind farm, located in Rokewood, Victoria, has begun supplying renewable energy to the state’s electricity grid.  As the largest wind farm in the southern hemisphere, it will generate 4,000 GWh...

Nexif Ratch secures financial close for Philippines solar project

Author: PPD Team Date: 16/10/2024 Nexif Ratch Energy has announced the financial close of its 145 MWp Bacolod solar power project, its second solar venture in the Philippines.  The ground-mounted project, located across Bacolod City and Bago City in...

Recent Posts

Power Sector News Roundup for June 19, 2025

Author: PPD Team Date: 19/06/2025 Global: China ramps up pilot hydrogen programme to meet 2035...

China ramps up pilot hydrogen programme to meet 2035 targets

Author: PPD Team Date: 19/06/2025 China’s National Energy Administration (NEA) has unveiled a...

Jakson Group expands solar O&M to 5 GWp

Author: PPD Team Date: 19/06/2025 Jakson Green Renewables, a wholly owned subsidiary of Jakson Power...

PEKB coal mine becomes Chhattisgarh’s first to run entirely on solar power

Author: PPD Team Date: 19/06/2025 The Parsa East and Kanta Basan (PEKB) coal mine in Surguja...

Saatvik, Solarium, and Ahaan announce new solar module manufacturing plans

Author: PPD Team Date: 19/06/2025 India’s solar manufacturing capacity is set to expand...

Crompton wins Rs 1.01 billion order for solar pumps

Author: PPD Team Date: 19/06/2025 Crompton Greaves Consumer Electricals has received a letter of...

Only two underground coal blocks receive bids in 12th auction round

Author: PPD Team Date: 19/06/2025 The Ministry of Coal’s Nominated Authority opened bids for...

AEML invites bids for two 220 kV cable transmission projects in Mumbai

Author: PPD Team Date: 19/06/2025 Adani Electricity Mumbai Limited (AEML) has invited bids for two...

REC PDCL invites bids for transmission system linked to 2,000 MW solar park in Karnataka

Author: PPD Team Date: 19/06/2025 REC Power Distribution Company Limited (REC PDCL) has issued a...

Odisha clears Rs 38.79 billion investments, plans 200 MWh battery storage

Author: PPD Team Date: 19/06/2025 The Odisha government has approved 17 investment proposals worth...