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...
The 450 MW Neart na Gaoithe (NnG) offshore wind farm, located 15.5km off the coast of Fife, Scotland, has delivered its first power to the UK national grid. Once fully operational by summer 2025, NnG will provide clean energy to 375,000 homes...
Hellenic Cables, part of Cenergy Holdings, has won a contract to supply 65km of 132kV inter-array cables for the Leading Light Wind project, a 2.4GW offshore wind farm located over 40 miles off the New Jersey coast. Cable manufacturing will commence...
Gevo has obtained a conditional $1.46 billion loan guarantee from the US Department of Energy’s (DOE) Loan Programs Office for its Net-Zero 1 (NZ1) project in Lake Preston, South Dakota. Including capitalised interest, the loan facility provides a...
Lhyfe has signed a Memorandum of Understanding (MoU) with KEYOU to promote hydrogen mobility in Germany and Europe. Lhyfe is constructing a green hydrogen production plant in Schwäbisch Gmünd, near Stuttgart, scheduled to be operational by...
Deveritec GmbH and Wirepas have unveiled a new Network Interface Card (NIC) tailored for the Wirepas 5G Mesh implementation of the non-cellular 5G standard, NR+. The NIC, developed using Nordic Semiconductor’s nRF9151 chip, is designed for smart...
A critical power substation connected to the Inga I and II hydropower plants (HPPs) in the Democratic Republic of the Congo (DRC) has been modernised and digitised, enhancing the country’s ability to utilize the upgraded facilities. The hydropower...
The EU‘s five largest economies—Italy, Germany, France, Poland, and the United Kingdom—spend a combined 42 billion euros (USD 45.6 billion) annually subsidizing fossil-fuel company cars, according to a study by consultancy Environmental...
BP is exploring the sale of a minority stake in its offshore wind division to offset the substantial development costs associated with its projects, as reported by Reuters. This move follows shareholder pressure over BP’s 2020 energy transition...
Wärtsilä has secured a contract to provide a 150 MW battery energy storage system (BESS) with a 300 MWh capacity for Amp Energy in South Australia. The Bungama BESS project, currently in its initial phase, aims to strengthen energy security and...
Plenitude, an Eni-controlled energy company, has commenced construction of a 220 MW solar plant in Villarino de los Aires, Salamanca, Spain. The facility, spanning 286 hectares, will be among the largest in the Castilla y Leon region and will connect...
The US Department of the Interior (DOI) has announced plans to boost geothermal energy development on public lands, supporting the Biden-Harris administration’s goal of a carbon pollution-free power sector by 2035. The Bureau of Land Management...
Constellation Energy has placed a $100 million order for a main power transformer, marking a critical step in the revival of the Three Mile Island nuclear reactor in Pennsylvania, according to Reuters. The transformer is the largest single piece of...
Fatih Birol, executive director of the International Energy Agency (IEA), stated that with fossil fuel demand expected to peak within the next five years, the world is approaching a new “age of electricity.” In a recent press release, the...
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 cell production. Phase one, which...
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 understanding (MoU) to develop innovative...
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 the need for stronger policies and...
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 commerciality, enabling them to enter...
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 synthesis project. The agreement...
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 Appropriations Act of 2024 and President...
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Koraam, powered by Kosol Energie Pvt. Ltd., has secured a 5.8 MW order from Sandip Electronics and...
The Central Electricity Authority (CEA) has issued a comprehensive advisory to power distribution...
The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of...
The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption...
The Ministry of Power has issued a draft notification proposing amendments to India’s...
Tata Motors Limited has partnered with Welspun Renewable Energy Private Limited (WREPL) to...
NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...
Prime Minister Narendra Modi has laid the foundation stone for an interstate transmission project...
The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission...
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved electricity tariffs for FY...