X-ELIO has announced the expansion of its Blue Grass Solar Farm, located in Queensland’s Western Downs, by integrating a 148 MW Battery Energy Storage System (BESS). This marks X-ELIO’s first hybrid solar and storage project in Australia. The...
The European Investment Bank (EIB) has signed a €120 million loan agreement with Iberdrola to support research and innovation in energy technologies, focusing on accelerating electrification and decarbonisation. The total investment associated with...
Georgia Power has received $160 million from the US Department of Energy (DOE) under the Grid Resilience and Innovation Partnerships (GRIP) programme to enhance the resilience and efficiency of Georgia’s power grid. This funding, part of the...
British energy company Viaro Energy and US-based Terrestrial Energy have signed a memorandum of understanding to develop the Integral Molten Salt Reactor (IMSR) nuclear project in the UK. The partnership aims to deliver reliable, emission-free, and...
Energy Vault Holdings has partnered with the Enervest Group to deploy a 1 gigawatt-hour (GWh) battery energy storage system (BESS) at the Stoney Creek site in New South Wales (NSW), Australia. Enervest CEO Ross Warby highlighted the strength of the...
Ocean Winds (OW) and Eletrobras have signed a memorandum of understanding (MoU) in São Paulo to collaborate on offshore wind energy projects in Brazil, aligning with the country’s renewable energy targets and economic development goals. This...
Dominion Energy has completed the sale of a 50% non-controlling interest in its Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak, an alternative investment firm. This transaction, first announced in February 2024, has provided...
Power cable manufacturer NKT has started the installation of a 518 km high-voltage direct current (HVDC) power cable system for TenneT’s SuedLink project. The 525 kV cables will connect northern Germany’s renewable energy sources to the...
UK-based offshore wind services provider Venterra Group has acquired Oceanscan Holdings, expanding its capabilities in the offshore energy market. Financial details of the transaction were not disclosed. Oceanscan Holdings offers subsea and...
Evergy, a US-based utility company, plans to build two 705 MW combined-cycle natural gas plants in Kansas to meet rising energy demands and enhance reliability. The first plant in Sumner County is expected to commence operations in 2029, while the...
The Asian Development Bank (ADB) has approved an additional USD 15 million grant to aid Tajikistan’s efforts in reconnecting its power grid with the Central Asian Power System (CAPS) and enhancing interconnections with Uzbekistan. This follows the...
Statkraft has filed a planning application for the 2.1 GW Baltic Offshore Delta North wind farm, located approximately 100 kilometres east of Stockholm, within Sweden’s economic zone in the Baltic Sea. The bottom-fixed wind farm is designed to...
The US Department of Energy (DOE) has announced nearly $2 billion in funding for 38 projects under the Grid Resilience and Innovation Partnerships (GRIP) program. The initiative aims to upgrade transmission and distribution infrastructure...
France is preparing to launch tenders for two fixed and three floating offshore wind farms, totalling 9.2GW, in the autumn and winter of 2024/25. The French Energy Ministry has identified key locations for these projects, including offshore areas...
Danish energy company Ørsted has submitted a proposal for the Long Island Wind project to the New York State Energy Research and Development Authority (NYSERDA). The project is designed to generate over 1.4GW of offshore wind energy, supplying...
SB Energy Global, backed by SoftBank Group, has commenced commercial operations for the Orion Solar Belt projects—Orion I, Orion II, and Orion III—in Milam County, Texas. The combined capacity of these utility-scale solar projects is 875 MWdc...
The US Bureau of Ocean Energy Management (BOEM) has completed an environmental review for six wind lease areas in the New York Bight, potentially generating up to 7GW of offshore wind energy. This development supports the Biden-Harris...
Scatec has reached financial close for its 103 MW/412 MWh Mogobe battery energy storage system (BESS) in South Africa. The project, Africa’s first and largest standalone dispatchable BESS, is set to begin construction near Kathu in the Northern Cape...
The Energy Market Authority (EMA) of Singapore has conditionally approved Sun Cable’s proposal to import 1.75 GW of low-carbon electricity from Australia. This electricity will be generated from solar power in Australia’s Northern Territory and...
According to LevelTen, a price tracking platform, European power purchase agreement (PPA) prices for green electricity dropped by 12.4% in Q3 2024 compared to the same period in 2023. This decrease is attributed to declining inflation and reduced...
Monthly Magazine
Recent Posts
Reliance Industries Limited (RIL) has signed a binding 15-year agreement with Samsung C&T...
ANDRITZ has secured a contract from Tata Power to supply generating units for the 1,000 MW Bhivpuri...
ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew...
Climate Fund Managers has committed USD 32.2 million in construction equity from its Climate...
The Ministry of New & Renewable Energy (MNRE) has amended the Approved Models and Manufacturers...
KPI Green Energy Limited has secured Rs 979 crore in debt financing from Canara Bank for a 150 MW...
NHPC Limited has declared commercial operation date (CoD) of Unit 1 (250 MW) of the Subansiri Lower...
Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately Rs 2,471...
Adani Power Limited has informed the BSE and NSE that Puneet Bansal will take over as Company...
Power Finance Corporation Limited (PFC) has approved a borrowing programme of up to Rs 1,60,000...