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Czech nuclear deal will go ahead despite controversy, South Korean President says
South Korean President Yoon Suk Yeol has expressed confidence in moving forward with a multibillion-dollar project to build a nuclear plant in the Czech Republic, despite legal challenges from EDF and Westinghouse. In an interview with Reuters, President Yoon reassured that there is no need for concern over the project. In July, the Czech Government selected Korea Hydro & Nuclear Power (KHNP) to build two reactors, marking South Korea’s first major overseas nuclear order since…
JERA Nex acquires 395 MW of solar projects in US from Lightsource bp
JERA Nex, the global renewable energy division of JERA, has acquired two solar projects in the US, totalling 395 MW of alternating current, from Lightsource bp. This acquisition marks JERA Nex’s first since its launch in April 2024 and includes its initial US solar assets. The acquired projects are the 300MW Oxbow solar farm in Louisiana, the largest in the state, and the 95MW Happy solar farm in Arkansas. Both projects are currently operational. The…
EKI Energy registers Azerbaijan’s first voluntary carbon market solar project
EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy. Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s national grid without fossil fuel…
Adani Green and TotalEnergies to form joint venture with $444 million investment
India’s Adani Green Energy announced that its board has approved agreements for a TotalEnergies affiliate to invest $444 million in a new joint venture with the company. This follows a previous $300 million deal between Adani Green and the French oil major to expand renewable energy capacity in India, where coal remains the primary energy source. The joint venture will include Adani Green, Adani Renewable Energy Sixty Four, and TotalEnergies Renewables Singapore, with each company…
US DOE announces $2.2 billion investment for grid modernization, $63 million for battery recycling
The US Department of Energy (DOE) has unveiled a $2.2 billion initiative to modernize the nation’s power grid, supported by the Bipartisan Infrastructure Law’s Grid Resilience and Innovation Partnerships (GRIP) programme. This investment will fund eight key projects across 18 states, aiming to enhance grid resilience against extreme weather, reduce community energy costs, and expand capacity for manufacturing and data centres. The comprehensive upgrade is expected to boost the grid’s capacity by 13GW, including 4,800MW…
FTC Solar to supply solar trackers for 1 GW Dunlieh Energy projects
FTC Solar has signed a supply agreement with US-based Dunlieh Energy to provide solar tracker systems for over 1 GW of solar projects. The collaboration’s first project, the 500 MW Situla energy project in Banner County, Nebraska, will feature solar and battery storage and is expected to create over 225 local construction jobs, generating more than $1.4 million annually in nameplate capacity taxes. Tracker deliveries for the Situla project are set to begin in the…