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Avangrid Shareholders Approve $2.55bn Buyback by Iberdrola

Electricity Transmission

Avangrid Shareholders Approve $2.55bn Buyback by Iberdrola

Power Construction
02-02-2024

E.ON Posts $10 Billion Core Profit on Grid Business, Buffer Release
A shareholder carries a bag with the logo of E.ON during the company's annual shareholders meeting in Essen, Germany May 10, 2017. REUTERS/Thilo Schmuelgen/File Photo Acquire Licensing RightsE.ON (EONGn.DE), opens new tab, Europe's biggest
Power Construction
31-01-2024

GE Vernova to Build Onshore Electrical Connection for Poland's Largest Offshore Wind Farm, Baltica
GE Vernova’s Grid Solutions business, in partnership with Polimex Mostostal, has been awarded a key contract for the Baltica 2 Offshore Wind Farm in Poland.The project involves building the onshore infrastructure including a 275/400 kV high volt
Microgrid
30-01-2024

G&W Electric Experienced Outages That Cost Millions of Dollars but Will Gain Resilience With 4-Mw Microgrid at Chicago Facility
Rooftop solar at G&W Electric headquarters, photo courtesy of G&W ElectricG&W Electric, a 99-year-old international provider of electrical components, has commissioned one of the largest microgrids in Illinois to address outages that have cost
Power Construction
30-01-2024

India's Adani Green Profit Surges in Third Quarter on Strong Power Sales
Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsIndia's Adani Green Energy (ADNA.NS), opens new tab
Power Construction
29-01-2024

Israeli Telecom Firm Bezeq to Enter Electricity Supply Sector
The logo of Bezeq Israeli Telecommunication Corp Ltd, the country's largest telecom group, is seen outside their headquarters in Holon, Israel October 23 2022. REUTERS/Amir Cohen/File Photo Acquire Licensing RightsIsrael's largest telecom
Power Construction
26-01-2024

Nigerian Company Begins Operating $1.3 Billion Chinese-Funded Power Plant
High-tension electrical power lines are seen at the Azura-Edo Independent Power Plant (IPP) on the outskirt of Benin City in Edo state, Nigeria June 13, 2018. REUTERS/Akintunde Akinleye/File Photo Acquire Licensing RightsNigeria's Mainstream Energ
Power Construction
24-01-2024

China's Green Electricity Helps Global Firms Achieve Carbon Neutrality
This aerial photo taken on July 5, 2023 shows the Tianjin factory of Danfoss, a global refrigeration industry giant, in north China's Tianjin. (Xinhua)BEIJING, Jan. 24 (Xinhuanet) -- Danfoss, a multinational engineering giant, has an ambitious pla
Microgrid
24-01-2024

Ausgrid Commences Work on Merriwa Microgrid
Ausgrid has commenced work on its first microgrid, to be located at the Ausgrid Depot in Merriwa and delivered in partnership with Yurika in the first half of 2024.Ausgrid said the microgrid will ensure off-network power supply to key business and communi
Power Construction
22-01-2024

Britain Hits Record in Electricity Imports
Image: National GridIn 2023, Britain shifted from being a net exporter of electricity in 2022 to a net importer, constituting a record 13% of its total demand.That’s according to data from LSEG Power Research, which shows that this change was in
LNG
22-01-2024

British Columbia Boosts Power Plan but Electrifying LNG Proving Big Challenge
LNG Canada site construction activities are held, in Kitimat, Canada, September 2022. LNG Canada/Handout via REUTERS/File Photo Acquire Licensing Rights(This Jan. 19 story has been corrected to fix the affiliation of source to Clean Energy Canada, not Cle
Distributed Grid
22-01-2024

French Retail Power Prices to Rise Nearly 10% From February
Regulated French power prices will rise nearly 10% from February in line with promises not to exceed that level, Finance Minister Bruno Le Maire said on SundayLe Maire said the base retail rate for households would increase 8.6% while a special rate that
Power Construction
19-01-2024

Energy Centre for Sark Grid Could Be Built by 2026
Wind turbines could be built at Les Laches to generate green electricity for Sark's grid.The company building Sark's new power grid said its power generation equipment could be in place by 2026.Welsh firm Infinite has been selected by Chie
United States
17-01-2024

LS Power Inks Deal to Acquire Hunterstown Power Plant From Platinum Equity
LS Power, a diversified energy company, is set to enhance its portfolio with the acquisition of the Hunterstown power plant in Gettysburg, Pennsylvania. The 810MW natural gas-fired power plant, previously owned by an affiliate of Platinum Equity, is a piv
Electricity Transmission
16-01-2024

Scottishpower Unveils £5.4bn Worth of Contract Opportunities as It Turbo Charges Its Next Phase of Electricity Network Investment
ScottishPower has unveiled £5.4bn worth of contract opportunities as it turbo charges its next phase of electricity network investment.The early new year boost for the supply chain by its SP Energy Networks business is the company’s bi
Electricity Transmission
15-01-2024

India's Jindal Power Proposes To Top Adani's Bid for Coal-Power Plant -Sources
Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsJindal Power has proposed to top a bid by Adani Power (ADAN.
Oil Price
15-01-2024

US Power and Natgas Prices Soar as Extreme Freeze Hits Natgas Supplies
A person walks across the empty street during the first winter storm of 2024 which is expected to bring heavy snowfall across the northeast United States, in Worcester, Massachusetts, U.S. January 7, 2024. REUTERS/Amanda Sabga/File Photo Acquire Licensing
Renewable Energy
12-01-2024

IEA: Renewable Energy Growth Must Accelerate to Reach 2030 Goal
Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of tripling it by then, as agreed at the United Nations' climate talks, the International Energy Agency (IEA)
Electricity Transmission
12-01-2024

Kano Disco Seeks $200M Funding to Upgrade Infrastructure, Boost Power Supply
Kano Electricity Distribution Company (Kano Disco) is seeking $200 million in investment to upgrade its infrastructure and revolutionise electricity distribution for an estimated 25 million Nigerians.Kano Electric is partnering with BlackAion Capital, a M
Oil & Gas Trade
11-01-2024

Power Prices Drop in Ireland as EU Increases Gas Reserves
Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome relief to homes and businesses struggling with soaring energy costs.Higher than anticipated ga
Microgrid
11-01-2024

Spain May Raise Power Grids Investment Limits, Energy Minister Says
Electricity pylon next to a group of wind turbines are pictured in Barranco de Tirajana, in the island of Gran Canaria, Spain, May 11, 2022.REUTERS/Borja Suarez/File photo Acquire Licensing RightsThe Spanish government is pondering an increase in the lega
Coal-Fired Power Plants
11-01-2024

US Grid Operator PJM Asks Talen Energy to Postpone Fossil Fuel Plant Retirements
PJM Interconnection, the largest U.S. power grid operator, on Wednesday asked Talen Energy (TLNE.PK) to postpone the retirement of several fossil fuel-powered plants in Maryland by three years, citing reliability concerns.Talen Energy in October notified
Electricity Transmission
10-01-2024

French Unions Threaten Strike Action at EDF
French power sector unions posted a strike notice at French energy provider EDF that will run from the morning of Jan. 15, an EDF spokesperson said on Tuesday, which could lead to production cuts.State-owned EDF is France's main electricity provid
Electricity Transmission
10-01-2024

Top US Grid Operator Sees Electric Vehicles, Industry Driving up Peak Power Demand
A man walks by power lines, as California's grid operator urged the state's 40 million people to ratchet down the use of electricity in homes and businesses as a wave of extreme heat settled over much of the state, in Mountain View, Califo
Microgrid
09-01-2024

Northern India Energy Development Agency Issues Minigrid and Solar Plant Tender
Source: soumen82hazra / Shutterstock.comThe Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender inviting bids on a five-year operations and maintenance (O&M) contract for minigrid and solar power plants. UPNEDA is re
Electricity Transmission
09-01-2024

Nigeria to Sell Power Distribution Firm Over $130 Million Debt
High-tension electrical power lines are seen at the Azura-Edo Independent Power Plant (IPP) on the outskirt of Benin City in Edo state, Nigeria June 13, 2018. REUTERS/Akintunde Akinleye/File Photo Acquire Licensing RightsNigeria's electricity regu

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