Power Sector News Roundup for December 19, 2024

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Global: Hydro One to develop key transmission line in northern Ontario Montenegro prioritizes EUR 1.38 billion energy projects for EU accession CFS plans world’s first commercial fusion power plant in Virginia US DoE offers $15 billion loan commitment to PG&E ABB to acquire Gamesa Electric’s power electronics business in Spain Vietnam and Singapore to collaborate for electricity export Alternus Clean Energy acquires LiiON for $5 million KEPCO completes ±150 kV HVDC project connecting Wando and…

Power Sector News Roundup for December 10, 2024

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Global: CREC and Sungrow sign agreement for 1.5 GWh BESS supply AfDB appointed lead arranger for $340m Moyi Power metro-grids project in DRC India: India leads in clean-tech funding, surpassing China in Q3 2024 Tata Power to invest Rs 1.46 trillion to double capacity by 2030 Kerala announces electricity tariff hike of 16 paise per unit NTPC achieves fastest ever 300 BU generation milestone UPPCL resolves legal challenges to privatise two DISCOMs PFCCL incorporates SPV…

Power Sector News Roundup for November 28, 2024

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Global WA completes second phase of Kwinana big battery project. Maxeon Solar to divest non-US assets, focus on US market expansion. Uniper signs PPA with Stegra for green hydrogen and steel production. Capital Power sells stake in two Canadian wind facilities to Axium. Alfanar signs SAR 20 billion contracts with SEC for energy projects. India NTPC REL declares commercial operation of 55 MW Shajapur solar unit. KEC International wins Rs 17.04 billion T&D orders from…

Power Sector News Roundup for November 26, 2024

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Global: Masdar and Silk Road Fund to co-invest $2.8bn in renewable energy projects BayWa r.e. sells 517 MW US solar portfolio in largest transaction to date RWE acquires majority stake in R3 Renewables Equinor cuts 20% of renewables workforce amid offshore wind challenges Azerbaijan awards first 100 MW solar project to Universal International Arab Group opposes fossil fuel phase-out at COP29 climate summit Indonesia to retire coal-fired power plants by 2040 National Grid Renewables secures…