Power

Japan’s first floating offshore wind farm powers up

Japan’s first commercial offshore wind farm, Goto, has commenced operations.The Goto Floating Wind Farm consortium (SPC) said the wind farm, which started…

Standard Bank Backs $285M Acquisition in Nigeria’s Gas Sector

Standard Bank has arranged a $285 million structured financing package to enable BlueCore Gas InfraCo to acquire Glover Gas & Power, the sole owner of Axxela &n…

U.S. Private Power Company Constellation Announces Completion of Calpine Acquisition

U.S. private power company Constellation announced the completion of its acquisition of Calpine Corporation.It is understood that following the completion of th…

225MW Agri-PV Project Launched in Sicily, Italy

A European energy company has made the final investment decision on a 225MW agri-PV project near Vizzini in Sicily, Italy.It is understood that the project, app…

GE Vernova Secures First HVDC Line Refurbishment Contract in India

GE Vernova announced that it has secured a contract from India's national transmission company, Power Grid Corporation of India (POWERGRID), to refurbish th…

Centrus Energy Receives $900 Million Investment from U.S. Department of Energy

Centrus Energy announced that it has received a $900 million investment to expand its uranium enrichment project in Ohio, enabling it to produce High-Assay Low-…

15 Years! RWE Signs Long-Term Power Purchase Agreement with American Electric Power Indiana Michigan

RWE recently announced its collaboration with American Electric Power Indiana Michigan through a 15-year long-term power purchase agreement. The electricity wil…

Samsung SDI Collaborates with Automaker KGM to Develop Next-Generation Power Battery Technology

Recently, Samsung SDI announced that it has signed a Memorandum of Understanding (MOU) with South Korean automaker KG Mobility (KGM) to jointly develop next-gen…

Shanghai Electric Power Genneration Group Secures Equipment Order for Indonesia's 3X710MW Project

At the beginning of the new year, Shanghai Electric Power Genneration Group successfully secured a key equipment supply order for a major power plant project in…

Spain Launches €355 Million Plan to Support Green Energy Equipment Manufacturing

The Spanish government recently launched a funding plan totaling €355 million, aimed at supporting the domestic manufacturing development of green energy a…

European Investment Bank Supports Greek Island Grid Interconnection Project

The European Investment Bank (EIB) has approved a €490 million financing plan to support a grid interconnection project aimed at ending the electricity iso…

Laos Mahaxay Power Transmission and Transformation Project Commences Construction

Recently, the groundbreaking ceremony for the Laos 230kV Mahaxay Power Transmission and Transformation Project, led and EPC-contracted by China Energy Engineeri…

First Large-Scale PV Power Station in Algeria's National New Energy Plan Completes Acceptance

Recently, significant progress has been made on the 3 GW photovoltaic project cluster under Algeria's national new energy development plan. The Biskra Photo…

Ørsted Sues Trump Administration Over Halted $5B Revolution Wind Project

Denmark’s Orsted said on Friday it was challenging the U.S. government’s suspension of the lease for its Revolution Wind joint venture and would see…

Seatrium and Maersk Settle $475M Wind Vessel Dispute

Singapore-based shipbuilder Seatrium Limited and an affiliate of Danish shipping giant Maersk have resolved a contentious contractual dispute over a nearly comp…