Author: PPD Team Date: 08/01/2025
NHPC Limited has resumed construction work on the Parbati Hydro Electric Project Stage-II, which had previously faced roadblocks due to local opposition.
The project, located on the Beas River in Kullu District, Himachal Pradesh, involves establishing an 800 MW capacity and is being developed with an investment of Rs 98.97 billion. It is situated approximately 260 km from Chandigarh.
Author: PPD Team Date: 13/02/2025 The US Energy Information Administration (EIA) has forecast that power consumption in the United States will reach record levels in 2025 and 2026. The surge is attributed to the growing electricity demand from data centres focused on artificial intelligence and cryptocurrency, alongside increased usage in homes and businesses for heating and transportation, as reported by Reuters. The EIA projects that power demand will rise to 4,179 billion kilowatt-hours (kWh) in…
Author: PPD Team Date: 12/11/2024 FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its output already under firm contracts with US customers. Post-acquisition, FREYR plans a multi-phase expansion to…
Author: PPD Team Date: 24/10/2024 The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, an essential component of the ‘Gong Electricity into Zhejiang’ initiative. The project, being developed by State Grid Wuwei Power Supply Company, a subsidiary of the State Grid Corporation of China (SGCC), involves constructing a new 750 kV substation with a transformation capacity of 4×2100 MVA and 232.5 km of 750 kV transmission lines….
Author: PPD Team Date: 17/01/2025 Westinghouse Electric Company, the Korea Electric Power Corporation (KEPCO), and Korea Hydro & Nuclear Power Company (KHNP) have reached a global settlement agreement to resolve their longstanding intellectual property dispute. This settlement clears the way for the companies to jointly deploy new nuclear reactors worldwide. The resolution ensures that both Westinghouse and the Korean entities can proceed with confidence in the global nuclear power sector. Westinghouse President and CEO Patrick…
Author: PPD Team Date: 08/01/2025 British consumers are expected to pay over £1.8 billion in 2025 to help manage the power grid, as maintenance and grid limitations restrict the movement of renewable electricity from Scotland to cities in England. These costs, aimed at balancing supply and demand, challenge the UK government as it works to increase wind energy capacity while lowering electricity bills. Despite an increase in wind power, the grid’s limitations and the structure…
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 collaboration will encompass sourcing ammonia, shipping it to floating import terminals, and converting it into hydrogen using Höegh Evi’s ammonia-to-hydrogen cracker. SEFE will manage global sourcing and hydrogen demand aggregation, while Höegh Evi will develop midstream infrastructure, including floating terminals….
Author: PPD Team Date: 13/02/2025 The US Energy Information Administration (EIA) has forecast that power consumption in the United States will reach record levels in 2025 and 2026. The surge is attributed to the growing electricity demand from data centres focused on artificial intelligence and cryptocurrency, alongside increased usage in homes and businesses for heating and transportation, as reported by Reuters. The EIA projects that power demand will rise to 4,179 billion kilowatt-hours (kWh) in…
Author: PPD Team Date: 12/11/2024 FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its output already under firm contracts with US customers. Post-acquisition, FREYR plans a multi-phase expansion to…
Author: PPD Team Date: 24/10/2024 The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, an essential component of the ‘Gong Electricity into Zhejiang’ initiative. The project, being developed by State Grid Wuwei Power Supply Company, a subsidiary of the State Grid Corporation of China (SGCC), involves constructing a new 750 kV substation with a transformation capacity of 4×2100 MVA and 232.5 km of 750 kV transmission lines….
Author: PPD Team Date: 17/01/2025 Westinghouse Electric Company, the Korea Electric Power Corporation (KEPCO), and Korea Hydro & Nuclear Power Company (KHNP) have reached a global settlement agreement to resolve their longstanding intellectual property dispute. This settlement clears the way for the companies to jointly deploy new nuclear reactors worldwide. The resolution ensures that both Westinghouse and the Korean entities can proceed with confidence in the global nuclear power sector. Westinghouse President and CEO Patrick…
Author: PPD Team Date: 08/01/2025 British consumers are expected to pay over £1.8 billion in 2025 to help manage the power grid, as maintenance and grid limitations restrict the movement of renewable electricity from Scotland to cities in England. These costs, aimed at balancing supply and demand, challenge the UK government as it works to increase wind energy capacity while lowering electricity bills. Despite an increase in wind power, the grid’s limitations and the structure…
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 collaboration will encompass sourcing ammonia, shipping it to floating import terminals, and converting it into hydrogen using Höegh Evi’s ammonia-to-hydrogen cracker. SEFE will manage global sourcing and hydrogen demand aggregation, while Höegh Evi will develop midstream infrastructure, including floating terminals….
Author: PPD Team Date: 13/02/2025 The US Energy Information Administration (EIA) has forecast that power consumption in the United States will reach record levels in 2025 and 2026. The surge is attributed to the growing electricity demand from data centres focused on artificial intelligence and cryptocurrency, alongside increased usage in homes and businesses for heating and transportation, as reported by Reuters. The EIA projects that power demand will rise to 4,179 billion kilowatt-hours (kWh) in…
Author: PPD Team Date: 12/11/2024 FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its output already under firm contracts with US customers. Post-acquisition, FREYR plans a multi-phase expansion to…