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ARCO/Murray to build Boviet Solar’s manufacturing hub in North Carolina

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 and Amazon sign MoU for SMR development in Virginia

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...

Global energy system faces rising risks amid geopolitical strains: IEA

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...

Philippines DOE to commercialize three offshore wind projects

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 partners with SwitcH2 for offshore green hydrogen and ammonia project

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...

US commits $900 million for Gen III+ SMR technologies

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...

Hithium Energy and MANAT to establish BESS manufacturing facility in Saudi Arabia

Hithium Energy Storage Technology has partnered with Nabilah AlTunisi’s company, MANAT, to launch a joint venture named Hithium MANAT. The venture will establish a battery energy storage systems (BESS) manufacturing facility with a 5...

VNG AG partners to explore green hydrogen production in Algeria

VNG AG has signed a letter of intent with Algerian energy firms Sonatrach and Sonelgaz, along with SNAM, SeaCorridor, and VERBUND, to jointly assess the feasibility of large-scale green hydrogen production in Algeria. The project aims to export green...

Sumitomo and CEP Solar to deliver 1.5GW of clean energy projects in Virginia

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 venture will combine CEP Solar’s...

Masdar and Presight to launch AI tool for managing assets globally

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 process billions of data points...

World Bank approves USD 250 million for renewable energy in Lebanon

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 Lebanon’s state-owned...

Highview Power to develop 2.5 GWh LDES project in Scotland

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 project will provide five times...

EIB and Intesa Sanpaolo launch €8 billion wind sector initiative

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 InvestEU, this will support 32 GW of wind...

Vertiv expands North American manufacturing with new facility in South Carolina

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 produce integrated modular solutions...

Alcazar Energy acquires rights for 968MW of renewable projects in Serbia

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 wind farm, and a pipeline of 768MW...

TOYO to build 2GW solar cell manufacturing facility in Ethiopia

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 construction set to begin in November...

BrightNight and Cordelio Power secure $260m financing for solar project

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 Morgan and Capital One, will help...

Google signs deal with Kairos for 500MW nuclear projects by 2035

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 advanced nuclear power projects...

Australia’s largest wind farm begins supplying power to Victoria’s grid

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 annually, covering 9% of...

Nexif Ratch secures financial close for Philippines solar project

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 Negros Occidental province, will...

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Power Sector News Roundup for July 29, 2026

Gurdeep Singh gets six-month extension as NTPC CMD from August 1 The Ministry of Power has extended...

Jupiter International begins work on solar ingot-wafer plant in Nagpur

Jupiter International has started work on a Rs 3,000 crore solar ingot and wafer manufacturing...

ADB approves $850 million loan to support India’s rooftop solar rollout

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms aimed at...

Coal quality issues leave 1,700 MW unavailable at MAHAGENCO plants

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NPCIL, IIT Bombay partner on soil improvement technique for GHAVP 3 & 4

Nuclear Power Corporation of India Limited (NPCIL) and Indian Institute of Technology Bombay (IIT...

Vikran Engineering commissions 132 kV Miao–Namsai transmission line in Arunachal Pradesh

Vikran Engineering has commissioned the 132 kV Miao–Namsai Transmission Line in Arunachal Pradesh...

Pace Digitek signs EPC contract with NLC for 250 MW/500 MWh BESS in Tamil Nadu

Pace Digitek Limited has signed an Engineering, Procurement and Construction (EPC) contract with NLC...

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L&T Q1 PAT rises 14% to Rs 4,123 crore; order book reaches Rs 778,954 crore

Larsen & Toubro Limited (L&T) reported consolidated Profit After Tax (PAT) of Rs 4,123 crore...

PFCCL incorporates SPV for 5×500 MVA Benachigere transmission project

PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited...