News Subsections

SSE and FuturEnergy submit plans for Irish wind farm

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 Ballyvourney on the Cork-Kerry...

Inkia Energy approvED to expand Peru’s Sunny solar plant

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 in Peru, contributing...

UK secures £24bn in green energy investments

The UK government has secured over £24 billion ($31.39 billion) in private investments for innovative energy projects ahead of the International Investment Summit on 14 October 2024. These investments are expected to create thousands of jobs and...

Seaspan to manufacture SMR components for Westinghouse

Westinghouse Electric has signed a memorandum of understanding (MoU) with Seaspan to produce essential components for its AP1000 and AP300 small modular reactors (SMRs). This partnership will support nuclear new-build projects in Canada and globally...

Vestas and Fortum settle arbitration over Russian wind energy projects

Danish wind turbine manufacturer Vestas and Nordic energy company Fortum have settled their arbitration dispute regarding wind energy projects in Russia. Both parties agreed to drop all past, present, and future claims, with the settlement terms...

US to hold first offshore wind lease auction in Gulf of Maine in October

The US Department of the Interior (DOI) will hold its first offshore wind energy lease auction for the Gulf of Maine on 29 October 2024. The auction will offer leases for eight areas off the coasts of Massachusetts, New Hampshire, and Maine, with the...

OECD net electricity production rises 5.4% in June 2024

According to the latest release from the International Energy Agency (IEA), total net electricity production in the Organisation for Economic Co-operation and Development (OECD) countries reached 902.8 TWh in June 2024, reflecting a 5.4% year-on-year...

VPI to invest in 500 MW battery storage projects across Germany

Energy company VPI plans to invest up to €450 million in battery storage projects in Germany, aiming to develop 500 MW of capacity over the next three to five years. This investment aligns with Germany’s goal of generating 80% of its electricity from...

Scatec signs PPA for 1 GW solar and 100 MW battery storage project in Egypt

Norwegian energy company Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1 GW solar and 100 MW/200 MWh battery storage project in Egypt. The 25-year, USD-denominated agreement marks...

South Africa wins €400m for solar and wind projects from EIB and FirstRand

Several solar and wind projects in South Africa will receive €400 million through a joint initiative between the European Investment Bank (EIB) and South Africa’s FirstRand Bank. The investment, with each party contributing €200 million, aims to...

Qatar considers increasing stake in Iberdrola beyond 10%

Qatar Investment Authority (QIA), with assets valued at $475 billion, is looking to increase its stake in Spain’s leading utility company, Iberdrola, from 8.8% to over 10%, according to local Spanish media reports. This move would further solidify...

EnBW plans €3 billion capital increase to boost Germany’s energy transition

EnBW is in discussions with its major shareholders about a potential capital increase of €3 billion to manage the rising costs of investing in Germany’s energy transition. The utility stated that the decision regarding a possible share issue...

DTEK to invest €140 million in 200 MW energy storage systems across Ukraine

DTEK plans to establish a series of energy storage systems (ESS) across Ukraine, with a total capacity of 200 MW, aimed at enhancing the nation’s green and secure energy infrastructure. The project will involve a €140 million investment and is...

Westinghouse and Hyundai partner to explore nuclear power opportunities in Sweden and Finland

Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with...

GE Vernova secures 140 MW wind turbine order in Romania

GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The...

Siemens acquires Trayer Engineering for grid modernization

Siemens has announced the acquisition of Trayer Engineering, a US-based company specializing in medium voltage secondary distribution switchgear, as part of its strategy to expand its grid modernization portfolio. While the financial details remain...

GE Vernova unveils advanced containerized solution for energy storage

GE Vernova Inc. has launched the RESTORE DC Block, an advanced containerized solution for Battery Enabled Energy Storage (BESS) with a capacity of 5 MWh and an operational duration of 2-8 hours. Designed for utility-scale renewable and energy storage...

Encavis secures €60.7 million financing for solar plant in Germany

Encavis has secured €60.7 million in non-recourse project financing for its solar plant in Lindenhof, Borrentin, located near Demmin in Mecklenburg-Western Pomerania. The plant is expected to be operational by the end of September 2024 and will...

Monthly Magazine

Subscribe To Our Newsletter

Loading

Recent Posts

Koraam to supply 1,200 solar pump mounting structures in Maharashtra

Koraam, powered by Kosol Energie Pvt. Ltd., has secured a 5.8 MW order from Sandip Electronics and...

CEA issues advisory to DISCOMs to reduce summer load shedding

The Central Electricity Authority (CEA) has issued a comprehensive advisory to power distribution...

Rooftop solar projects on government buildings get ALMM List-II exemption

The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of...

What two-year exemption for Chinese power firms means for domestic manufacturers

The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption...

Power Ministry proposes credit trading under CAFE norms for automakers

The Ministry of Power has issued a draft notification proposing amendments to India’s...

Tata Motors, Welspun Renewable to develop 86 MW hybrid RE project

Tata Motors Limited has partnered with Welspun Renewable Energy Private Limited (WREPL) to...

Two firms in race for NHPC’s Salal hydro project

NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...

PM Modi lays foundation, inaugurates Rajasthan transmission projects

Prime Minister Narendra Modi has laid the foundation stone for an interstate transmission project...

Gujarat revises power transmission land compensation policy

The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission...

UPERC retains FY27 power tariffs, raises subsidy and expands EV benefits

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved electricity tariffs for FY...