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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...

Doosan Enerbility, SGRE and Equinor sign MoU for South Korean wind farm

Author: PPD Team Date: 16/10/2024 Doosan Enerbility has entered into a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy (SGRE) and Equinor to collaborate on the 750MW Bandibuli floating offshore wind farm project off the coast...

Huasun and ITRAMAS to develop 1.5GW solar projects in Malaysia

Author: PPD Team Date: 15/10/2024 Huasun Energy has partnered with Malaysian solar power developer ITRAMAS to develop 1.5GW of photovoltaic projects. Announced at the International Greentech & Eco Products Exhibition and Conference Malaysia 2024...

Swedish firm OX2 buys 1GW onshore wind project in Australia

Author: PPD Team Date: 15/10/2024 Renewable energy developer OX2 has acquired its first onshore wind project in Western Australia, with a planned capacity of 1GW. Located north of Perth, the project is in the early development stages and will include...

Ontario Power to operate Pickering nuclear units until 2026

Author: PPD Team Date: 15/10/2024 The Canadian Nuclear Safety Commission (CNSC) has granted Ontario Power Generation (OPG) an extension to operate units 5 to 8 of the Pickering nuclear generating station (PNGS) until the end of 2026, extending the...

World leaders gather in Baku for pre-COP29 meeting

Author: PPD Team Date: 15/10/2024 Ahead of the 29th Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, global leaders gathered in Baku, Azerbaijan, for the pre-COP meeting from 10–11 October.  The session, titled...

SSEN Transmission open offshore hub in Inverness

Author: PPD Team Date: 15/10/2024 SSEN Transmission has officially opened a new offshore hub in Inverness, Scotland, designed to accommodate up to 100 people and serve as a collaborative space for companies involved in regional energy projects. The...

SSE and FuturEnergy submit plans for Irish wind farm

Author: PPD Team Date: 15/10/2024 SSE Renewables and FuturEnergy Ireland have submitted a planning application for the 122 MW Cummeennabuddoge wind farm to An Bord Pleanala, Ireland’s national planning authority. The project, located 5km northwest of...

Inkia Energy approvED to expand Peru’s Sunny solar plant

Author: PPD Team Date: 15/10/2024 Peruvian power generator Inkia Energy has received environmental approval to expand its Sunny solar power plant from 228 MWp to 338 MWp.  This expansion is part of the company’s broader plan to establish a solar hub...

Recent Posts

Power Sector News Roundup for July 4, 2025

Author: PPD Team Date: 04/07/2025 Global: Ofgem approves £24bn plan to upgrade UK energy networks US...

US Senate passes bill to cut clean energy tax credits by 2026

Author: PPD Team Date: 04/07/2025 In a tight 51–50 vote, the US Senate has passed the One Big...

Ofgem approves £24bn plan to upgrade UK energy networks

Author: PPD Team Date: 04/07/2025 Ofgem has cleared £24bn ($32bn) for upgrades to strengthen UK...

Adani Power in race for 2,400 MW Pirpainti project in Bihar

Author: PPD Team Date: 04/07/2025 Adani Power Limited (APL) is among four firms competing for the...

MCX to launch monthly electricity futures from July 10

Author: PPD Team Date: 04/07/2025 The Multi Commodity Exchange of India (MCX) will introduce monthly...

Bangladesh pays $437 million to Adani Power

Author: PPD Team Date: 04/07/2025 Bangladesh paid USD 437 million to Adani Power Limited in June...

CEA and IIT Roorkee sign MoU for joint work on power sector research

Author: PPD Team Date: 04/07/2025 On July 1, 2025, the Central Electricity Authority (CEA) and IIT...

India plans battery electric truck shift to cut freight emissions

Author: PPD Team Date: 04/07/2025 On 1 July 2025, the Office of the Principal Scientific Adviser...

Oswal Energies receives first electrolyser for green hydrogen project

Author: PPD Team Date: 04/07/2025 Oswal Energies Limited has kicked off its Rs 3.2 billion green...

KSB secures pump supply contract for thermal projects

Author: PPD Team Date: 04/07/2025 KSB Limited has won a contract from Larsen & Toubro Limited...