Power Sector News Roundup for December 3, 2024

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Global Siemens and Tietoevry partner for power utilities’ digital transformation SAS and SES sign Taiwan’s first joint CPPA for offshore wind energy Pilbara Minerals and POSCO open Korea’s first lithium hydroxide plant Indonesia explores nuclear power technology, renewable energy expansion MHI secures MOX fuel order for Ikata nuclear plant Tasmania’s first utility-scale solar farm secures offtake with Hydro Tasmania Renewable Power Capital secures refinancing for Klevberget wind farm in Sweden NSCH partners with ENGIE for…

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EIB and Naturgy secure €1bn loan for Spain’s renewable energy expansion

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The European Investment Bank (EIB) and Naturgy have finalized a €1 billion ($1.05 billion) loan to advance renewable energy projects in Spain.  The first tranche of €400 million ($422 million) was signed in Madrid, marking a key milestone in Spain’s energy transition. The funding will support the development of new solar and onshore wind power stations, upgrades to existing facilities for hybrid operation, and battery storage investments.  The initiative is expected to expand Spain’s renewable…