Capital Dynamics has obtained £48.5 million ($61.4 million) in funding for its first Scottish onshore wind projects, totaling 193 MW in capacity. The funding, directed to Capital Dynamics’ Clean Energy UK Fund, was provided by Border to Coast...
The Minns Labor Government in New South Wales (NSW), Australia, has approved the A$4.8 billion ($3.12 billion) Humelink transmission project, a 365 km infrastructure line designed to deliver renewable energy across southern NSW. Pending final...
Global engineering firm Ramboll has finalized its acquisition of K2 Management, an engineering consultancy specializing in wind and solar energy. With this acquisition, K2 Management is now integrated into Ramboll Group, significantly boosting...
The Asian Development Bank (ADB) has approved a USD 311 million loan to upgrade electricity transmission and distribution infrastructure in Nepal under the South Asia Subregional Economic Cooperation Electricity T&D Strengthening Project. ...
Elcogen has been awarded €24.9 million from the European Union’s 2024 Innovation Fund to expand its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Tallinn, Estonia. This funding will...
Enphase Energy has introduced an AI-powered DIY permitting feature on Solargraf, its cloud-based platform designed for U.S. solar installers. This tool automates the complex solar and battery permitting process, potentially reducing time for permit...
The Nordex Group has received an order to supply 19 N163/5.X wind turbines for an undisclosed wind farm in Québec, Canada. Scheduled for delivery in summer 2026, the turbines will be mounted on 125-meter tubular steel towers and equipped with...
At COP29 in Baku, Azerbaijan, leading multilateral development banks (MDBs) announced plans to collectively mobilize $120 billion annually in climate financing for low- and middle-income countries by 2030, with $42 billion dedicated to adaptation. ...
Indonesia has revealed plans to attract international investment for the development of 75GW of renewable energy within the next 15 years. The announcement, made at COP29 in Baku by Indonesia’s climate envoy, Hashim Djojohadikusumo, underscores the...
The UK energy regulator, Ofgem, has approved the initial stages of two interconnector pilot projects, LionLink and Nautilus, aimed at linking the UK’s transmission network with offshore wind farms in the North Sea. These “offshore hybrid...
Power Construction Corporation of China (PowerChina) has officially transferred the 500 kV Thung Song substation project to Thailand’s Electricity Generating Authority of Thailand (EGAT) after successful site acceptance tests. Located in Nakhon...
FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024...
Boralex Inc. and Saint-Gobain have signed a 20-year renewable power purchase agreement (PPA) in France, covering three power plants that will supply renewable electricity to Saint-Gobain’s industrial sites. The agreement includes two solar parks and...
Elapath Energy and RenewableErgon are set to develop a 150 MW solar project in Budai, Chiayi County, Taiwan, with an estimated investment of $250 million. The project is slated to begin its first phase in December 2024, pending approval from...
The UK’s Office of Gas and Electricity Markets (Ofgem) has called on network operators to expedite the connection of renewables, clean power, and storage projects to the grid. In response to a backlog of 722 GW of projects awaiting connection, Ofgem...
The US Bureau of Ocean Energy Management (BOEM) has issued its final environmental impact statement (EIS) for the 2.4 GW SouthCoast Wind Project, which, if approved, could power approximately 800,000 homes. The SouthCoast Wind proposal includes up...
Nexans has agreed to sell AmerCable, its Arkansas-based subsidiary specializing in power, control, and instrumentation cables for harsh environments, to Mattr for an enterprise value of $280 million. Known for its durable cables widely used in...
Energy Vault has announced plans for a 57MW/114MWh battery energy storage system (BESS), named Cross Trails BESS, to be built in Scurry County, Texas. Construction is scheduled to begin in Q1 2025, with commercial operations expected by mid-2025. ...
The Saudi Power Procurement Company (SPPC) has awarded contracts for the development of 7.2GW of power projects to consortiums led by Saudi Electricity Company and Abu Dhabi National Energy Company (Taqa). The projects, essential to Saudi...
Norwegian offshore wind firm Entrion Wind has obtained a US patent for its fully restrained platform (FRP) monopile, marking the first of six patent applications filed by the company. The FRP monopile, designed for water depths up to 100m, is set...
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