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Power Grid
United States
TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
Virtual power plants
15-08-2025
Connecticut Green Bank and Goodleap Link to Develop VPPs
On Friday, Connecticut Green Bank and GoodLeap announced a partnership to establish and operate a network of AI-powered virtual power plants (VPPs) in Connecticut. This effort is part of the state’s Energy Storage Solutions program, which focuse
Electricity Transmission
14-08-2025
Hubbell to Acquire DMC Power for $825M
Hubbell, a U.S.-based provider of utility and electrical solutions, has entered into a definitive agreement to acquire DMC Power, a portfolio company of Golden Gate Capital, for $825 million in cash. The transaction is expected to close by the end of 2025
Electricity Trade
13-08-2025
US Power Use to Reach Record Highs in 2025 and 2026, EIA Says
The U.S. Energy Information Administration (EIA) released its Short-Term Energy Outlook on August 12, 2025, forecasting record-high electricity consumption for 2025 and 2026. The EIA projects power demand will increase to 4,186 billion kilowatt-hours (kWh
Power Construction
11-08-2025
Kuwait Signs Contracts for $3.27 Billion Power Plant Project
On Sunday, the Kuwait Authority for Partnership Projects (KAPP) signed contracts with Saudi Arabia's ACWA Power and the Gulf Investment Corporation for phases two and three of the Al-Zour North power plant. These phases are valued at over 1 billio
Electricity Trade
08-08-2025
Adani Power Secures Major Power Supply Contract in Bihar, India
Adani Power, India’s largest private thermal power producer, received a letter of intent from the Bihar State Power Generation Company Limited (BSPGCL) to supply 2,274MW of electricity. The power will be distributed to the North Bihar Power Dist
Electricity Transmission
06-08-2025
Ameren Unit Gets Green Light for $1.6 Billion Illinois Power Transmission Project
Ameren Illinois, a subsidiary of Ameren Corporation, announced on Tuesday that it has received approval to construct and enhance approximately 380 miles of power lines across 13 counties in Illinois. The $1.6 billion initiative aims to improve energy acce
Substation
02-08-2025
National Grid Launches Partnership Model for Substation Development
The UK’s National Grid has introduced the Electricity Transmission Partnership (ETP), an £8 billion (approximately $10.5 billion) initiative to strengthen collaboration with suppliers for substation development across England and Wales
Power Construction
03-08-2025
Hitachi Secures $700M Contract From E.ON to Strengthen Grid Infrastructure in Germany
Hitachi Energy has secured a contract worth up to $700 million (SFr563.85 million) with E.ON, a major German network operator, to provide transformers for enhancing Germany’s electricity grid. The agreement supports efforts to improve energy sec
Power Construction
30-07-2025
Prysmian, Terna Sign $449M Deal to Enhance Italian Grid
Prysmian Group, a leader in energy and telecom cable systems, has entered into a three-year framework agreement with Terna, Italy’s transmission system operator, with an option to extend for an additional year. Valued at up to €382.5 mi
Smart Meter
29-07-2025
Wipro Secures Smart Meter Data System Contract With Saudi Company
In June 2025, Wipro, a global technology services and consulting firm, signed a multi-year contract with the Saudi Electric Company – National Grid SA. The agreement focuses on implementing a smart meter data management (MDM) system for National
Power Construction
25-07-2025
Ireland to Invest €3.5 Billion in Electricity Grid Infrastructure
Ireland has announced a €3.5 billion investment to upgrade its electricity grid infrastructure, aiming to support a future powered by renewable energy. The funding will be divided between ESB Networks, the distribution system operator, receiving
HVDC
21-07-2025
Construction of ‘Asia’s Largest HVDC Cable Facility’ Wraps Up
On July 16, South Korean company LS Cable & System announced the completion of its fifth submarine cable plant in Donghae-si, Gangwon-do, establishing what it claims is Asia’s largest high-voltage direct current (HVDC) cable production facil
HVDC
18-07-2025
National Grid Picks Sumitomo Electric for 2GW Sea Link HVDC Project
The UK National Grid has chosen Sumitomo Electric Industries, a Japan-based cable manufacturer, as the preferred bidder to supply and install the subsea cable for the 2GW Sea Link high-voltage direct current (HVDC) project. The initiative will provide cle
Electricity Transmission
17-07-2025
China’s Record-Breaking Heat Pushes Power Demand to New High
A prolonged heatwave across China has pushed electricity demand to an unprecedented peak, surpassing 1.5 billion kilowatts, according to energy officials. The intense heat, affecting regions from southwestern cities like Chongqing and Chengdu to the south
Power Construction
19-07-2025
Clean Energy Powered Two-Thirds of California’s Electricity Grid in 2023
In 2023, California reached a significant milestone, with 67% of its retail electricity sales derived from renewable and zero-carbon sources, a 61% increase from the previous year, as announced by Governor Gavin Newsom. Renewable sources, primarily solar
Power Construction
16-07-2025
NB Power Contracts PROENERGY for 400MW RIGS Project in Canada
NB Power, New Brunswick’s primary utility provider, has engaged PROENERGY to develop, construct, own, and operate the Renewable Integration and Grid Security (RIGS) project, a 400MW peaking facility in Midgic, Centre Village, New Brunswick, Cana
Power Construction
11-07-2025
GE Vernova Wins Kühmoos Grid Upgrade Contract in Germany
GE Vernova has been awarded a contract by TransnetBW to upgrade the Kühmoos grid node, a key substation in southern Germany vital for cross-border electricity exchange and regional network stability. Located near the Swiss border, the Kü
HVDC
10-07-2025
SEK Provides €800M Loan for Eastern Green Link 2 Project
The Swedish Export Credit Corporation (SEK) has finalized a €800 million loan agreement with National Grid Electricity Transmission to support the Eastern Green Link 2 (EGL2) project, a high-voltage direct current (HVDC) subsea transmission initi
Electricity Trade
06-07-2025
Hut 8 Secures Five-Year Power Contracts in Ontario, Canada
Hut 8, a power generation company, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO) for 310MW of power generation assets. The contracts were awarded following successful bids by Far North Power, a jo
Virtual power plants
04-07-2025
AGL Energy Buys South Australia’s Virtual Power Plant From Tesla
On July 4, 2025, AGL Energy, an Australian power retailer, announced its acquisition of the South Australia Virtual Power Plant (SAVPP) from Tesla. This move strengthens AGL’s efforts to expand its battery storage capacity and support the transi
Power Construction
01-07-2025
Construction Begins on Chinese Section of China-Laos 500-KV Power Interconnection Project
On June 30, 2025, construction began on the Chinese section of the China-Laos 500-kV power interconnection project, marking another significant step in bilateral cooperation following the successful China-Laos Railway. The project, managed by Yunnan Power
Microgrid
05-07-2025
Minesto-Led Consortium Gets $2.6m for Tidal Microgrid in Faroe Islands
Swedish tidal energy developer Minesto, in collaboration with Capture Energy, Faroese utility SEV, and IVL Swedish Environmental Research Institute, has secured a SEK 25 million (approximately $2.6 million) grant from the Swedish Energy Agency. The fundin
Transformer
01-07-2025
Siemens to Begin Manufacturing Large Power Transformers in US by 2027
Siemens Energy plans to start manufacturing industrial-scale large power transformers (LPTs) in the United States by 2027, addressing growing demand and high import tariffs. The company is also considering expanding its Charlotte, North Carolina, facility
Electricity Transmission
05-07-2025
SP Energy Networks Awards £1.4bn Contracts for Transmission Upgrades
SP Energy Networks has unveiled £1.4 billion in supply chain contracts to support vital onshore transmission projects across central and southern Scotland. These efforts align with the UK’s Clean Power 2030 initiative, aimed at enhanci
Smart Meter
30-06-2025
Wasion Secures Three Smart Power Meter Contracts
Wasion Holdings, a leading energy savings solutions provider, has strengthened its global presence by securing significant smart meter contracts in Mexico and Tanzania. These agreements highlight the company’s growing influence in international
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Most views from Power Grid
1
€693 million financing to support UK’s subsea electricity superhighway
2
Iberdrola Awards $4B Contracts for UK Subsea Power Link
3
Distributed Generation Surpasses 37 GW in Brazil Amid Concerns Over Curtailment
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Kyrgyzstan launches major power transformer maintenance & upgrade program
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Sarawak Plans Borneo Power Grid
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TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
