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Electricity Transmission
Avangrid Shareholders Approve $2.55bn Buyback by Iberdrola
Electricity Transmission
13-08-2024
Mexico’s sheinbaum taps first woman to lead state power firm CFE
The logo of Mexico's state-run electric utility known as the Federal Electricity Commission (CFE), is pictured at its building office in Monterrey, Mexico February 9, 2021. REUTERS/Daniel Becerril/File Photo Purchase Licensing RightsMexican Presid
Electricity Transmission
12-08-2024
South africa battles to fund vital grid upgrade for green energy
South Africa's plan to expand its power grid, now the biggest bottleneck to replacing coal with renewables, has hit a snag: finding investors to lend the necessary $21 billion to a near-bankrupt state monopoly.Since May's election brought
Electricity Transmission
12-08-2024
Pilbara transmission line progresses
Pilbara’s first major transmission line is making headway, with the project set to provide green energy from Maitland to Karratha and the Burrup Peninsula once complete.Traditional Owners, the Ngarluma Aboriginal Corporation and Murujuga Aborigi
Electricity Transmission
08-08-2024
Enel Wins 11.5 GW in Italy’s Capacity Market Auction for 2025
A drone view shows bifacial 540 W solar panels at a solar panels park by energy supplier Enel Green Power, in Trino, Italy, March 5, 2024. REUTERS/Claudia Greco/File Photo Purchase Licensing RightsItaly's biggest utility Enel (ENEI.MI), opens new
Electricity Transmission
07-08-2024
US to Invest $2.2 Billion to Overhaul National Power Grid
Downtown Los Angeles is seen behind an electricity pylon through the morning marine layer in Los Angeles, California, U.S., August 20, 2019. REUTERS/Lucy Nicholson/ File Photo Purchase Licensing RightsThe Biden administration said on Tuesday it is investi
Electricity Transmission
06-08-2024
New Grid Connection Rules in Romania
Romania’s National Energy Regulatory Authority (ANRE) has approved a competitive, auction-based mechanism for grid connections of new plants of at least 5 MW. The new rule will come into force from January 1, 2026.The approved methodology mirror
Substation
05-08-2024
Australiaprysmian Signs €600 Million Contract for Marinus Link in Australia
Prysmian and Marinus Link Pty Ltd. have finalised an around €600 million contract for a new power interconnector between Victoria and Tasmania, Australia. The commencement of the works is subject to the issuance of a notice to proceed, which is e
Substation
03-08-2024
Prysmian Finalises €600M Marinus Link Contract in Australia
The Leonardo da Vinci, Prysmian’s cable-laying vessel. Credit: Prysmian.Electrical cable producer Prysmian has signed a €600m ($653.59m) deal to provide a new power interconnector for the Marinus Link project in Australia.Marinus Link i
Power Construction
03-08-2024
Iberdrola to Buy Britain’s ENWL in $5.4 Bln Deal
The logotype of Iberdrola is illuminated atop the 165-metre (541 feet) Cesar Pelli designed Iberdrola Tower, in Bilbao, Spain, February 29, 2024. REUTERS/Vincent West/ File Photo Purchase Licensing RightsUtility Iberdrola (IBE.MC), opens new tab has agree
Microgrid
02-08-2024
Community Microgrids Empower Communities to Take Control of the Energy Future
Source: kirillov alexey/Shutterstock.comThe south-central England village of Hook Norton recently celebrated the launch of a small community-led microgrid project designed to power affordable, sustainable homes that not only have a positive impact on the
Electricity Transmission
25-07-2024
European Electricity Prices Continue Upward Trajectory
Image: AleaSoft Energy ForecastingElectricity prices increased in all major European markets in the third week of July, according to AleaSoft Energy Forecasting. The consultancy said prices were driven upwards by a slight increase in weekly average gas pr
Microgrid
20-07-2024
Colorado Awards More Than $2.1m in Grid Resilience and Microgrid Funding
Eagle Nest Rock Open Space near Livermore, Colorado. The Livermore Microgrid Storage Project recently received funding from the Microgrids for Community Resilience grant program. (Source: marekuliasz/Shutterstock.com)The Colorado Energy Office (CEO) and t
Electricity Transmission
18-07-2024
Delayed Closure of Eraring Forecast to Cut NSW Power Prices by 40%
New power price forecasts suggest pushing back the closure date of Eraring power station from 2025 to 2027 will cut NSW power prices by 44%, dropping from a predicted $153/MWh to $86/MWh in 2026 - a fall of $67. The data included in Cornwall Insight&r
Kazakhstan
17-07-2024
Eni and Kazmunaygas Announce Commencement of Construction for 250 MW Hybrid Power Plant in Kazakhstan
Source: KazMunayGasMoscow, July 17 - Neftegaz.RU. Eni and the National Company KazMunayGas (KMG) announce the commencement of construction for their joint 250 MW Hybrid Renewables-Gas Power Plant Project in Zhanaozen, Mangystau Region, Kazakhstan.This mil
HVDC
17-07-2024
NKT to Initiate Work on Two HVDC Transmission Projects in Scotland
The schemes will deliver major upgrades to the electricity transmission network in the north of Scotland. Credit: © NKT A/S.SSEN Transmission has announced partnerships with NKT for the advancement of two significant high voltage direct current (
Russian Federation
17-07-2024
Russia’s Interrao Says Siberian Power Plant Unit Shutdowns Are Not an Emergency
The owner of the Gusinoozyorskaya power plant in Russia's eastern Siberia on Tuesday denied reports that one of its units had been shut down in an emergency, but said two units were undergoing "unplanned maintenance."Earlier in the day,
Electricity Trade
16-07-2024
J-Power’s $258 Mln Bid for Genex Power Passes on Proxy Votes, Genex Says
Japan's Electric Power Development's (J-Power) (9513.T), opens new tab A$381 million ($257.56 million) buyout of Australia's Genex Power (GNX.AX), opens new tab has been approved on proxy votes, according to a Genex announcement on
Microgrid
16-07-2024
Xendee, Mainspring Energy Partnering on Microgrid Project Development
Linear generator maker Mainspring Energy announced it is now partnering with modeling software platform Xendee on microgrid and electric vehicle charging projects.The collaboration will utilize Xendee’s work with customers to optimize project de
Substation
15-07-2024
GE Vernova Wins Equipment Supply Order From Transelec for Chilean Substation Projects
GE Vernova to supply synchronous condensers and high-voltage substation for Transelec’s Ana Maria and Monte Mina substation projects in Chile. (Credit: GE Vernova)GE Vernova has secured an order from high voltage systems provider Transelec Holdi
Microgrid
13-07-2024
Minigrid Projects to Significantly Expand Access to Electricity in Two African Nations
View of a volcano in the Virunga National Park in the eastern part of the Democratic Republic of Congo, Africa. (Source: Marian Galovic/Shutterstock.com)The Democratic Republic of Congo (DRC), roughly the size of Western Europe, is the largest country in
Electricity Transmission
11-07-2024
CDPQ’s Verene Energia Acquires 124KM Power Transmission Asset in Brazil
SPE 7 has a strategic and modern power transmission network of 124km. Credit: Framarzo / Shutterstock.Verene Energia, a power transmission platform owned by investment group CDPQ, has agreed to acquire SPE 7, a power transmission network in the state of P
Solar Technology
10-07-2024
Horizon Power Unveils Solar Hydrogen Microgrid in Western Australia
The Western Australian government has released a report sharing lessons learned during the commissioning and operation of the first-of-its-kind solar and green hydrogen microgrid now operating in the coastal community of Denham, approximately 800 kilomete
Electricity Transmission
06-07-2024
Rezolv Energy Signs 10-Year VPPA With Bekaert in Romania
The construction of VIFOR is expected to conclude within 18 months. Credit: Mike from Pixabay.Rezolv Energy, through its project subsidiary First Looks Solutions, has secured a decade-long virtual power purchase agreement (VPPA) in Romania with steel wire
Electricity Transmission
06-07-2024
Promarks and Trafigura Sign MoU for Angolan Power Project
The joint venture will develop, finance, build and operate the interconnector project. Credit: Pexels from Pixabay.ProMarks and Trafigura have signed a preliminary agreement with the Angolan government for the development of a power transmission project.U
Microgrid
05-07-2024
Rea Targets Construction of 1,300 Mini-Grids Nationwide, Signs Mous With Five Organisations
The Rural Electrification Agency (REA) yesterday signed separate Memoranda of Understanding (MoU) with five renewable energy-related organisations in its bid to ensure that the target of building at least 1,300 mini-grids in the coming years become a real
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