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US grants approval for Holtec to transfer SMR technology to India

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The United States Department of Energy (DOE) has granted Holtec International a critical regulatory approval to transfer small modular reactor (SMR) technology to India.  The authorization, issued on March 26, 2025, allows Holtec to share unclassified SMR technology with three Indian firms: Holtec Asia, Tata Consulting Engineers Limited (TCE), and Larsen & Toubro Limited (L&T). The approval is valid for 10 years, with a review at the five-year mark. Conditions for technology transfer The approval…

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Vestas secures 225MW contracts in US, Germany and New Zealand

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Vestas has signed contracts for 225MW of wind turbine projects in the US, Germany, and New Zealand, as part of its Q4 2024 order intake. In the US, Vestas received an 86MW order from Brookfield Renewable for the Mulqueeney project. It will deploy V163-4.5MW turbines, with a ten-year AOM 5000 service agreement. In New Zealand, Vestas secured a 77MW contract with Mercury Energy for the Kaiwaikawe project. The project will use 12 V162-6.4MW turbines and…

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US to hold first offshore wind lease auction in Gulf of Maine in October

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The US Department of the Interior (DOI) will hold its first offshore wind energy lease auction for the Gulf of Maine on 29 October 2024. The auction will offer leases for eight areas off the coasts of Massachusetts, New Hampshire, and Maine, with the potential to generate 13 GW of power, enough to supply 4.5 million homes. The Bureau of Ocean Energy Management (BOEM) reduced the available acreage by 120,000 from the initial proposal to…