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Avangrid Shareholders Approve $2.55bn Buyback by Iberdrola

Electricity Transmission

Avangrid Shareholders Approve $2.55bn Buyback by Iberdrola

Transformer
30-09-2024

$155 Million Investment Boosts North American Manufacturing Capacity Amid Rising Demand for Electrical Equipment
Hitachi Energy plans to invest an additional $155 million to expand its manufacturing capacity in North America.Hitachi Energy has added over 8,000 employees between 2020-2023, including more than 1,200 in the U.S. The company has also announced over $150
Electricity Transmission
27-09-2024

UNEZA Members to Invest $116BN per Year in Clean Power and Grid Infrastructure
UNEZA members have published recommendations to policymakers. Credit: IRENA/UNEZA.Members of the Utilities for Net Zero Alliance (UNEZA) have announced a joint intent to invest more than $116bn per year in clean power generation and system grid infrastruc
Electricity Transmission
27-09-2024

Over 350,000 Florida Customers Without Power Due to Approaching Hurricane Helene
A man looks at the rain as Hurricane Helene intensifies before its expected landfall on Florida’s Big Bend, in Carrabelle, Florida, U.S. September 26, 2024. REUTERS/Marco Bello Purchase Licensing RightsMore than 350,000 homes and businesses in F
Electricity Transmission
24-09-2024

Tummel Bridge Power Station Officially Reopened by Scotland’s First Minister
Tummel Bridge power station officially reopened by Scotland’s First Minister. (Credit: SSE)Perthshire’s iconic Tummel Bridge Power Station was officially opened by Scotland’s First Minister, John Swinney MSP, following a &
Electricity Transmission
21-09-2024

NEA to Publish Cost Study of Sweden’s Energy and Electricity System
Swedish Deputy Prime Minister and Minister for Energy, Business and Industry Ebba Busch, and Nuclear Energy Agency (NEA) director-general William D Magwood, IV. Credit: NEA.The NEA and the Swedish Government will collaborate on a cost study of the Swedish
Electricity Transmission
19-09-2024

Wattbridge Commissions 384MW Remy Jade Station in Texas, US
The Remy Jade generating station in Harris County is a 384MW dispatchable power facility. Credit: WattBridge / PRNewswire.US-based independent power producer WattBridge Energy has begun commercial operations at its 384MW Remy Jade generating station in Ha
Power Cable
18-09-2024

Progress Made on €2.4bn Eurasian Electric Cable, Cyprus Says
Cypriot President Nikos Christodoulides speaking with Greece Prime Minister Kyriakos Mitsotakis. Credit: Etienne Torbey via Getty Images.There has been progress between Cyprus and Greece on the construction of a high-speed Eurasian electric cable link, a
Electricity Trade
14-09-2024

UK’s National Grid to Sell Electricity System Operator in $827 Million Deal
Electric power transmission pylon miniatures and National Grid logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing RightsBritain's National Grid (NG.L), opens new tab said on Friday it had
Electricity Transmission
13-09-2024

Australia Signs Deal to Boost Electrification Across Act
This will also support the transition to clean energy sources.Australia’s federal and the Australian Capital Territory (ACT) governments have signed a Renewable Energy Transformation Agreement (RETA) that will support efforts to fully electrify
Solar Power Plant
13-09-2024

Powin and Bhe Renewables Link for US Solar and Storage Microgrid Project
Product rendering of Powin’s Centipede Stack800 battery energy storage system. Credit: Powin.Energy storage solutions provider Powin has partnered with BHE Renewables to deliver one of the largest solar and storage microgrids in the US.Located i
Microgrid
12-09-2024

In Texas, a New Battery VPP Takes Shape
(Solar rooftop homes in Austin, Texas. Image: 123rf)Vistra announced a new program for homeowners in partnership with Sunrun to aggregate power stored in residential, solar-connected batteries, forming a virtual power plant to dispatch energy back to the
Power Construction
12-09-2024

Siemens Acquires Trayer Engineering to Grow Grid Modernisation Portfolio
Trayer will join Siemens’ electrification and automation business unit. Credit: Hadrian / Shutterstock.Siemens has agreed to acquire Trayer Engineering, a US-based company specialising in medium voltage secondary distribution switchgear, for an
Microgrid
12-09-2024

Huawei Completes Construction of Microgrid Power Station in Saudi Arabia
An advertisement in the NEOM region in Tabuk, Saudi Arabia. Credit: SaudiArabiaPhotography.Huawei has built the world’s largest microgrid power station, which has the capacity to generate one billion kilowatt-hours (kWh) of power a year and prov
Electricity Transmission
11-09-2024

US Approves Major Transmission Project in Nevada
Electricity transmission towers are seen in the Nevada desert near the Copper Mountain Solar Project, in Boulder City, Nevada March 21, 2012. REUTERS/Jason Reed/File Photo Purchase Licensing RightsThe Biden administration on Monday said it had approved a
Electricity Transmission
11-09-2024

US Power Use Expected to Reach Record Highs in 2024 and 2025, Eia Says
The downtown Los Angeles skyline is seen behind an electricity pylon at sunrise in Los Angeles, California U.S. November 8, 2017. REUTERS/Lucy Nicholson/File Photo Purchase Licensing RightsU.S. power consumption is on track to rise to new records in 2024
Microgrid
10-09-2024

Huawei Photovoltaic Microgrid for Red Sea Project Offers 1 Billion Kwh Solar Power per Year
Huawei has developed the world’s largest microgrid power station which delivers 1 billion kWh power supply per year. The new solution will play a significant role in Saudi Arabia’s Red Sea project and provide several green electricity
Electricity Transmission
10-09-2024

US Approves Major Transmission Project in Nevada
Electricity transmission towers are seen in the Nevada desert near the Copper Mountain Solar Project, in Boulder City, Nevada March 21, 2012. REUTERS/Jason Reed/File Photo Purchase Licensing RightsThe Biden administration on Monday said it had approved a
Electricity Transmission
07-09-2024

Argentina’s Pampa Energia Raises More Than $400 Mln to Accelerate Vaca Muerta Drive
Argentine natural gas producer Pampa Energia announced a debt issuance of $410 million on Friday, signaling investor confidence in the company as it expands operations in the country's Vaca Muerta shale formation.The development of the massive sha
Electricity Transmission
06-09-2024

Hitachi Energy Invests $200M to Boost Transformer Production in Brazil
The investment marks the company’s largest in Brazil in recent decades. Credit: Hitachi Energy Ltd.Hitachi Energy has invested more than $200m to expand its transformer manufacturing operations in Brazil.The move is part of a larger $1.5bn globa
Electricity Transmission
03-09-2024

Pertamina NRE, Guma Africa Group Sign Study Agreement on Power Project
Pertamina New and Renewable Energy (Pertamina NRE), a unit of Indonesian state energy firm Pertamina, has signed a joint study agreement with Guma Africa Group to cooperate on a natural gas and power project, the company said on Tuesday.The agreement was
Power Cable
03-09-2024

NKT Gains 545KM High-Voltage Cables Order From Belgian TSO ETB
The power cables for the grid upgrade will be made at NKT’s Cologne and Velke Mezirici facilities. Credit: NKT A/S.Danish cable manufacturer NKT has secured an order from Belgian transmission system operator (TSO) Elia Transmission Belgium (ETB)
Power Cable
02-09-2024

Step Forward Taken to Build ‘World’s Largest’ Multimillion-Dollar HVDC Subsea Cable Factory in UK
A new head of terms has been inked for an option on a lease at the Port of Tyne near Newcastle on the River Tyne in North East England to move forward with the development of what is envisioned to become the world’s largest high voltage direct c
Electricity Transmission
02-09-2024

Adani Energy Solutions Undertakes 7GW Khavda IVA Power Transmission Project
Adani Energy Solutions has completed acquisition of Khavda Phase IV Part-A transmission project after receiving a letter of intent (LOI) from REC Power Development and Consultancy (RECPDCL).Khavda IVA Power Transmission, a special purpose vehicle (SPV,) s
Geothermal Power Plant
02-09-2024

Indonesia Expects to Sign $3.5 Bln Deals at Africa Forum
Indonesia plans to sign business deals worth $3.5 billion with African countries as it hosts the second Indonesia-Africa Forum in the resort island of Bali, the Southeast Asian country's president said on Monday.The forum, which will run until Sep
Photovoltaic （PV）
02-09-2024

New Substation to Connect Europe’s Largest Agri-PV Project
In Germany a substation is being built to connect green power to the high voltage grid from what is being called the largest agri-PV project on the continent, extending across eight districts and connecting up to 753MWp.Consisting of four transformers, th

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