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US Bureau of Land Management progresses 6.2 GW solar projects

The Bureau of Land Management (BLM) is inviting public review and comments on the draft environmental impact statement and resource management plan amendment for the proposed Esmeralda 7 Solar Project in Esmeralda County. If approved, the seven...

FRV Australia secures AUD 1.2 billion refinancing for renewable energy portfolio

Fotowatio Renewable Ventures (FRV) Australia, owned by Saudi Abdul Latif Jameel Energy and Canadian pension fund Omers, announced an AUD 1.2 billion refinancing of its Australian renewable energy portfolio, which includes about 1 GW of operating and...

EU issues second cross-border renewables tender

The European Commission has launched the second cross-border tender under the EU Renewable Energy Financing Mechanism (RENEWFM). This call, open until March 4, 2025, aims to support the construction of ground-mounted solar projects in Finland and...

TotalEnergies to acquire 100 per cent stake in SN Power

TotalEnergies is set to acquire SN Power from Scatec, gaining a 28.3 per cent stake in Uganda’s 250 MW Bujagali hydropower plant, which supplies over 25 per cent of Uganda’s peak electricity demand. The deal also includes stakes in...

Rolls-Royce SMR clears GDA step 2

Rolls-Royce’s small modular reactor (SMR) has passed Step 2 of the UK’s Generic Design Assessment (GDA), progressing to the final phase. This evaluation ensures nuclear designs meet safety, security, and environmental standards...

AES introduces AI-enabled solar installation robot, Maximo

American utility AES Corporation has launched Maximo, an AI-enabled robot designed to enhance the speed, efficiency, and safety of solar panel installations. Maximo, which collaborates with on-site crews, halves installation time and costs. It uses...

Hanford site to become 1 GW solar farm

The Hanford site, a former nuclear production complex in Washington state, is set for a transformation into a 1GW solar farm. This project, part of the US Department of Energy’s (DOE) Cleanup to Clean Energy initiative, will be executed in...

Mirova funds USD20 million in West African C&I solar developer

Mirova Gigaton Fund has committed USD 20 million in long-term debt financing to ManoCap Energy, a commercial and industrial (C&I) solar company based in Ghana, to support its expansion in West Africa. The funding will support ManoCap in...

JinkoSolar’s expansion into Saudi Arabia

JinkoSolar has formed a joint venture (JV) with a subsidiary of Saudi Arabia’s Public Investment Fund (PIF) and Vision Industries Company (VI) to establish a new factory in NEOM’s Oxagon city. This USD1 billion investment aims to pioneer...

India and Saudi Arabia explore bilateral investment opportunities in energy and power sectors

The governments of India and Saudi Arabia discussed various opportunities for bilateral investments in diverse areas in the public and private sectors, including refining and petrochemical plants, new and renewable energy, and power. They reviewed...

Surge in renewables turns electricity prices negative

The surge in solar panels and wind turbines is leading to an increase in negative wholesale electricity prices. This phenomenon, occurring in regions such as southern Australia, southern California, France, and Switzerland, happens when production...

Recent Posts

Power Sector News Roundup for November 21, 2024

Global: Amazon invests in Greece’s largest wind energy project with three wind farms. China tightens...

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...

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...

Synera Renewable secures permit for Formosa 4 wind project in Taiwan

Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy...

Fluor JV begins design phase for Cernavoda nuclear expansion in Romania

Fluor’s joint venture, including AtkinsRéalis, Sargent & Lundy, and Ansaldo Nucleare, has...

Trump names Chris Wright as energy secretary

President-elect Donald Trump has appointed Chris Wright, a veteran of the US energy sector and CEO...

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...

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...

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...

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

Renewable infrastructure developer Field Energy has acquired the 200MW Hartmoor battery storage...