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Vietnam shortlists 24 energy projects under JETP

Vietnam and the International Partners Group (IPG) have identified 24 energy projects eligible for support under the Just Energy Transition Partnership (JETP), with an estimated investment requirement exceeding USD 7 billion. The update was shared...

Indonesia’s Dieng geothermal plant to add 110 MW capacity

Indonesia is set to expand the Dieng Geothermal Power Plant in Wonosobo, Central Java, by an additional 110 MW as part of a proposed project backed by the Asian Development Bank.  The expansion will support PT Geo Dipa Energi, the state-owned...

Wipro to deploy smart meter data system for Saudi Arabia’s National Grid SA

Wipro has signed a multi-year agreement with Saudi Electric Company’s transmission arm, National Grid SA, to implement a smart meter data management (MDM) system. The project is expected to modernise the utility’s data infrastructure and improve...

Tata Power completes first tranche of Bhutan hydro investment

Tata Power has completed the initial phase of its planned investment in Bhutan’s Khorlochhu Hydro Power Limited (KHPL) by acquiring a 40 per cent equity stake for Rs 1.2 billion, according to the company’s regulatory filing dated July 24. The...

Satellite images reveal China’s race to dominate nuclear fusion

Satellite images have revealed that China is constructing a major nuclear fusion facility in Mianyang, designed to be 50 per cent larger than the United States’ National Ignition Facility (NIF) in California. The development marks a significant...

Iberdrola raises €5bn to fund grid investments in US and UK

Iberdrola has completed a €5 billion (USD 5.8 billion) capital raise to support its electricity grid investments in the United States and the United Kingdom. The company issued 331 million new shares through an accelerated bookbuilding process, with...

UK clears final investment for Sizewell C nuclear project

The UK government has approved the final investment decision for the Sizewell C nuclear power plant and will hold a 44.9 per cent equity stake, becoming its largest investor. The £38 billion project will power 6 million homes for at least 60 years...

Digital growth must not outpace sustainability goals, says Qatar-backed report

A report backed by Invest Qatar and Iberdrola Innovation Middle East warns that unless clean energy investment keeps pace, digitalisation could strain power grids and delay net zero transitions. Data centres consumed 1.5% of global electricity in...

Pakistan’s consumer-led solar boom creates new pressures on national grid

Pakistan has emerged as the world’s largest importer of solar panels, driven by a grassroots energy shift rather than top-down policy. As reported by The Print, the growth has been largely powered by retail consumers and low-cost Chinese imports...

China begins construction of mega-dam on Brahmaputra River

China has begun construction on a massive hydropower project on the Yarlung Tsangpo River in southeastern Tibet, known downstream as the Brahmaputra in India. The project, which broke ground on July 19, 2025, is expected to be one of the largest...

China sees record power load as heatwave grips southern provinces

China is facing unprecedented electricity demand as a severe heatwave grips large parts of the country. The National Energy Administration reported that the national power load crossed 1.5 billion kW for the third time in July 2025, marking a new...

Andritz to upgrade Mozambique’s Cahora Bassa hydropower plant

Andritz will modernise Mozambique’s Cahora Bassa hydropower plant under a contract from Hidroeléctrica de Cahora Bassa (HCB). The upgrade will increase turbine capacity to 433 MW per unit and raise total generation by over 4 per cent. The 2,075 MW...

Google signs deal with Brookfield for up to 3 GW of hydropower

Google has signed a hydro framework agreement (HFA) with Brookfield Asset Management and Brookfield Renewable to procure up to 3GW of carbon-free hydroelectric capacity in the United States. The first contracts under this agreement cover Brookfield’s...

UK likely to miss 2035 climate targets: Neso

Britain is on track to miss its 2035 climate targets by a wide margin due to insufficient growth in clean electricity supply, according to the National Energy System Operator (Neso). The forecast shows the country falling short of the pace needed to...

World Bank approves $134 million for green hydrogen hub in Brazil

The World Bank has approved a $134 million operation to support the green hydrogen strategy of the Pecém Industrial and Port Complex Company (CIPP) and the Government of Ceará. Located in Northeastern Brazil, CIPP is one of the country’s most...

Solar becomes EU’s top power source in June 2025

Solar power generated a record 22.1 per cent of the European Union’s electricity in June 2025, marking the first time it became the region’s largest single energy source. According to Ember, solar produced 45.4 TWh of electricity, surpassing nuclear...

Sumitomo to invest £7.5bn in UK clean energy and infrastructure by 2035

Japan’s Sumitomo Corporation has committed to investing £7.5 billion ($10 billion) in the United Kingdom by 2035. The investment will focus on infrastructure, offshore wind, and hydrogen projects. The agreement was formalised through a memorandum of...

US faces 100-fold rise in blackout risk by 2030: DOE report

A new report from the US Department of Energy (DOE) warns that blackouts could rise 100 times by 2030 if the country continues to retire firm power capacity without timely replacement. The report highlights the urgent need to add dependable...

EU targets 90% emissions cut by 2040, launches Hydrogen Mechanism for clean industry

The European Commission (EC) has proposed an amendment to the EU Climate Law, targeting a 90% reduction in net greenhouse gas emissions by 2040, compared to 1990 levels. The amendment builds on the legally binding commitment to climate neutrality by...

US Senate passes bill to cut clean energy tax credits by 2026

In a tight 51–50 vote, the US Senate has passed the One Big Beautiful Bill, with Vice President JD Vance casting the tie-breaking vote. The bill brings major shifts to the country’s renewable energy policy. The most significant change is an...

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Power Sector News Roundup for June 24, 2026

West Bengal budget plans new thermal plant, floating solar and 15 new substations The West Bengal...

West Bengal budget plans new thermal plant, floating solar and 15 new substations

The West Bengal government has allocated Rs 5,345.16 crore to the Power Department in its 2026-27...

Gemstar secures Rs 2,600 crore financing for Rajasthan smart meter projects

Gemstar Infra Pte. Ltd. has secured Rs 2,600 crore in financing from a consortium led by the...

Himachal signs agreements for 19 hydropower projects worth Rs 3,336 crore

The Himachal Pradesh government has signed implementation agreements for 19 hydropower projects with...

NTPC declares commercial operation of 800 MW PVUNL Unit-2

NTPC Limited has announced the commercial operation of Unit-2 (800 MW) of the Patratu Super Thermal...

Solarium Green wins Rs 186 crore solar EPC order in Maharashtra

Solarium Green Energy Limited has received a Letter of Award (LOA) dated June 22, 2026, for the...

IRCON JV wins Rs 763 crore smart grid project in Agartala

IRCON International Limited, in joint venture with M/s Badri Rai & Company (BRC), has secured a...

Centre extends Section 11 directions for Tata Power’s Mundra plant

Tata Power Company Limited has received an extension from the Ministry of Power for the validity of...

NLC India, IOCL sign MoU for renewable energy JV in Tamil Nadu

NLC India Limited (NLCIL) and Indian Oil Corporation Limited (IOCL) have signed a Memorandum of...

DEE subsidiary wins Rs 64 crore wind tower order from Ganeko Solar

DEE Development Engineers Limited has announced that its wholly owned subsidiary, DEE Fabricom India...