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Power grid
Electricity Transmission
AEP Secures $1.6bn Federal Loan Guarantee for Power Line Upgrades in Midwest
American Electric Power (AEP), through its subsidiary AEP Transmission, has received a $1.6 billion loan guarantee from the U.S. Department of Energy’s (D…
Electricity Transmission
New York Approves Power Line for Micron’s $100 Billion Semiconductor Plant
The New York State Public Service Commission has approved a new underground transmission line connecting the existing Clay substation with Micron Technology&rsq…
Electricity Transmission
Iberdrola’s Subsidiary Nears Completion of Alto Paranaíba Project in Brazil
Neoenergia, a subsidiary of Iberdrola, is in the final stages of the Alto Paranaíba project, a significant electricity transmission initiative in Brazil,…
Electricity Transmission
SSEN Transmission Gains Consent for Overhead Line Rebuild Project in Dunoon
Scottish and Southern Electricity Networks (SSEN) Transmission has received Section 37 consent from Scottish Ministers to reconstruct a 132kV overhead line in D…
Electricity Transmission
Sri Lanka Secures $52M Loan for Power Transmission Project
Sri Lanka has secured a $52 million loan from the Asian Infrastructure Investment Bank (AIIB) to support the Kerawalapitiya–Port L Second Transmission Lin…
Electrification
Equinor Drops Offshore Electrification Plans Over Rising Costs
Equinor announced on Friday that it has decided to cancel plans to reduce greenhouse gas emissions by linking several offshore oil and gas platforms to Norway&r…
Electricity Trade
UK Energy Regulator Ofgem to Enforce Lower Standing Charges
Britain's energy regulator, Ofgem, announced on Wednesday that all major energy suppliers will be required to offer lower standing charge tariffs by the end…
Power Construction
US Launches Effort to Speed Power Grid Projects for AI
The U.S. administration on Thursday announced new measures to accelerate development of power plants and transmission lines, citing rising electricity demand dr…
Electricity Transmission
US Approves $130 Million Project to Build Power Line in Moldova
The United States has approved a $130 million project to build a high-voltage transmission line that will strengthen Moldova’s access to electricity from …
Ultra-high voltage grid
China Starts Building Ultra-High Voltage Power Line From Xizang to Greater Bay Area
China has started construction of a large-scale ultra-high voltage (UHV) power transmission line designed to deliver clean energy from Xizang Autonomous Region …
HVDC
NKT Wins Preferred Bidder Role on EGL3
NKT has been selected as the preferred bidder to deliver the 525 kV high-voltage direct current (HVDC) power cable system for the Eastern Green Link 3 (EGL3) in…
Power Construction
Torus Secures $200M From Magnetar to Boost Modular Power Plant Deployments
Torus, a U.S.-based provider of full-stack energy platforms, announced that it has secured a $200 million investment from Magnetar to accelerate the deployment …
Power Construction
RWE and Apollo Establish JV to Support Grid Upgrades in Germany
RWE has entered into a joint venture (JV) with Apollo Global Management to finance its 25.1% shareholding in German transmission system operator Amprion. The ag…
Power Construction
EDF Enters €1BN Loan Deal With Eib to Enhance French Electricity Grid
French utility EDF, which manages about 95% of the country’s electricity distribution through its subsidiary Enedis, has secured a €1 billion ($1.17 …
Transformer
Siemens Energy Invests €220M in Transformer Factory
Siemens Energy has announced an investment of around €220 million to expand its transformer factory in Nuremberg, Germany, adding 350 new jobs. The foundat…
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