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Lhyfe and Masdar to develop green hydrogen projects in Europe

Author: PPD Team Date: 23/01/2025 Lhyfe and Masdar have signed a Memorandum of Understanding (MoU) to explore the co-development of large-scale green hydrogen production projects in Europe.  This partnership will identify collaboration and investment...

Mongolia partners with EBRD to boost renewable energy sector

Author: PPD Team Date: 23/01/2025 Mongolia has entered into a partnership with the European Bank for Reconstruction and Development (EBRD) to enhance the country’s renewable energy sector.  Announced at the World Economic Forum in Davos...

Mitsubishi completes 1.4GW Hin Kong GTCC power plant in Thailand

Author: PPD Team Date: 23/01/2025 Mitsubishi Power, part of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand.  The plant, a joint venture between RATCH Group and...

United Group invests €120m in green electricity production in Bulgaria

Author: PPD Team Date: 23/01/2025 United Group, a Southeastern Europe-based telecommunications and media company, has committed €120 million ($124.6 million) to green electricity production in Bulgaria.  The investment will supply 160% of the...

AboitizPower, UGEP sign solar PPA with Republic Cement in Bulacan

Author: PPD Team Date: 22/01/2025 AboitizPower and Upgrade Energy Philippines (UGEP) have signed a long-term solar power purchase agreement (PPA) with Republic Cement & Building Materials (RCBM).  Their joint venture, Aboitiz Upgrade Solar...

Sembcorp inaugurates 588 MW solar project in Oman

Author: PPD Team Date: 22/01/2025 Sembcorp Industries has inaugurated the 588 MW Manah 2 Solar Independent Power Project in Manah, Oman, marking its first greenfield renewables development in the Middle East.  Backed by a 20-year 500 MW power...

European Energy launches large-scale battery storage project in Denmark

Author: PPD Team Date: 22/01/2025 European Energy, in collaboration with Kragerup Estate, has initiated its first large-scale battery storage project in Denmark. The battery, expected to begin test operations in Q1 2025, will support the integration...

Vena Energy and LINE Yahoo sign VPPA for solar project in Japan

Author: PPD Team Date: 21/01/2025 Vena Energy and LINE Yahoo Corporation (LYC) have signed a virtual power purchase agreement (VPPA) for the 72 MW Maniwa Solar Project, which will be built on a repurposed golf course in Maniwa City, Okayama...

PG&E secures $15bn loan guarantee for Project Polaris

Author: PPD Team Date: 21/01/2025 Pacific Gas & Electric (PG&E) has secured a record $15 billion loan guarantee from the US Department of Energy (DOE).  The loan guarantee, the largest in the history of the DOE’s Loan Programs Office, will...

TVA leads $800m SMR initiative to expedite Clinch River nuclear project

Author: PPD Team Date: 21/01/2025 The Tennessee Valley Authority (TVA) will lead an $800 million application to the US Department of Energy’s Generation III+ small modular reactor (SMR) program.  The initiative, supported by Bechtel, BWX...

UKAEA invests £200m in fusion energy through LIBRTI programme

Author: PPD Team Date: 21/01/2025 Photo: The LIBRTI facility: illustration with labels. Credit: United Kingdom Atomic Energy Authority. The UK Atomic Energy Authority (UKAEA) has announced a £200 million ($244 million) investment in the Lithium...

UEM Lestra secures agreements for 1GW hybrid solar project in Malaysia

Author: PPD Team Date: 21/01/2025 UEM Lestra, a subsidiary of the UEM Group, has finalized agreements with off-takers for its 1GW hybrid solar power plant project under Malaysia’s Corporate Renewable Energy Supply Scheme (CRESS).  The project...

Scatec enters 15-year CfD agreement for 190MW solar portfolio in Romania

Author: PPD Team Date: 21/01/2025 Scatec has signed a 15-year contract-for-difference (CfD) agreement with Romanian electricity market operator Opcom to secure pricing for almost 70% of its 190MW solar portfolio in Romania.  The remaining electricity...

Convergent Energy secures loan for solar and BESS projects in Puerto Rico

Author: PPD Team Date: 21/01/2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico.  The funding is part of the Energy Infrastructure...

Indonesia to increase power capacity by 71 GW by 2034

Author: PPD Team Date: 21/01/2025 Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment.  The government, in collaboration with PT PLN (Persero), will prioritize the development of...

Trump declares ‘national energy emergency,’ reverses policies to ‘drill, baby, drill!’

Author: PPD Team Date: 21/01/2025 President Donald Trump announced the United States’ withdrawal from the Paris Climate Accord for the second time, citing it as a “one-sided rip-off.” The move, made after his swearing-in, also...

Trump halts new offshore wind leases, calls wind farms ‘big, ugly windmills’

Author: PPD Team Date: 21/01/2025 President Donald Trump has temporarily suspended new federal leases for offshore wind energy projects, citing concerns over costs, aesthetics, and wildlife impacts.  The executive order mandates a comprehensive...

Taiwan cuts Taipower subsidy, raising electricity cost concerns

Author: PPD Team Date: 21/01/2025 Taiwan has slashed its 2025 budget for Taiwan Power (Taipower) by T$100 billion ($3.1 billion), sparking fears of electricity price hikes that could affect industries, including global semiconductor manufacturers...

JA Solar secures deal for Africa’s largest PV-storage project

Author: PPD Team Date: 21/01/2025 JA Solar has signed a 1.25GW module supply agreement with China Energy Engineering Corporation (CEEC) for Africa’s largest photovoltaic (PV) and storage project in Egypt.  The agreement, finalized during the World...

SEFE and Höegh Evi to develop clean hydrogen supply chains in Europe

Author: PPD Team Date: 21/01/2025 Securing Energy For Europe (SEFE) and marine infrastructure provider Höegh Evi have signed an MoU to establish international supply chains for clean hydrogen, with a focus on ammonia-based transportation. The...

Recent Posts

Power Sector News Roundup for April 4, 2025

Author: PPD Team Date: 04/04/2025 Global: Global coal power additions fall to 20-year low, but fleet...

ACME Solar secures Rs 24.91 billion refinancing for 490 MW projects

Author: PPD Team Date: 04/04/2025 ACME Solar Holdings has secured a long-term refinancing facility...

Global coal power additions fall to 20-year low

Author: PPD Team Date: 04/04/2025 Global coal power additions in 2024 dropped to their lowest level...

Hitachi Energy–BHEL win contract for Adani’s Rajasthan transmission project

Author: PPD Team Date: 04/04/2025 Rajasthan Part I Power Transmission, a subsidiary of Adani Energy...

GE Power wins Rs 382 million order from NTPC for Talcher expansion

Author: PPD Team Date: 04/04/2025 GE Power India Limited has received a contract worth Rs 382...

Senvion India’s 3.1M130 wind turbine enters MNRE’s approved list

Author: PPD Team Date: 04/04/2025 Senvion India has announced that its 3.1M130 wind turbine is now...

L&T completes early delivery of steam generators for Kaiga, wins new transmission contracts

Author: PPD Team Date: 04/04/2025 Larsen & Toubro (L&T), through its Heavy Engineering arm...

Uno Minda and IGL approve investments in solar power projects

Author: PPD Team Date: 04/04/2025 The Board of Directors of Uno Minda Limited has approved an...

SJVN Green completes trial run of 241.77 MW solar capacity in Bikaner

Author: PPD Team Date: 04/04/2025 SJVN Green Energy Limited (SGEL), a subsidiary of SJVN Limited...

NHPC begins operations for 31 MW solar capacity in Bikaner

Author: PPD Team Date: 04/04/2025 NHPC Limited has started commercial operations for 31 MW of solar...