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...
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...
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Toyota Tsusho Corporation, alongside Eurus Energy, Engie S.A., and Orascom Construction PLC, has...
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