Power grid

Virtual power plants

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 Connectic…

Electricity Transmission

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 …

Electricity Trade

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 …

Power Construction

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 phas…

Electricity Trade

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…

Rooftop Solar

On Farmland and on Rooftops, Iraqis Turn to Solar as Power Grid Falters

In Iraq’s northern agricultural province of Nineveh, wheat farmer Abdallah al-Ali is among a growing number of farmers adopting solar panels to power irri…

Electricity Transmission

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 powe…

Substation

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 stre…

Power Construction

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 enhan…

Power Construction

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 op…

Smart Meter

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 agr…

Power Construction

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…

HVDC

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 c…

HVDC

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 f…

Electricity Transmission

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 i…