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Wind Power Project
Canadian Wind Project Secures $1BN in Financing
A Canadian consortium, including Boralex, Énergir Développement, and Hydro-Québec, has secured $960 million in financing for the 400-megawa…
Electric Vehicles
BYD Establishes European Headquarters in Budapest
On May 15, 2025, BYD announced the establishment of its European headquarters in Budapest, Hungary, marking a significant step in its global expansion. The new …
Battery
Green Light for 100MW UK BESS
A £62 million plan to construct a 100-megawatt battery energy storage system (BESS) on Teesside in north-east England has received approval from Redcar & …
Nuclear Power Plant (NPP)
Belgium Reverses Phase-Out Policy as Denmark Reconsiders Nuclear
Belgium’s federal parliament voted on May 15 to repeal a 2003 law mandating the phase-out of nuclear power and prohibiting new nuclear generation capacity. The…
Gas power plant
Vistra to Buy 2.6GW Generation Capacity From Lotus for $1.9bn
Vistra, an integrated retail electricity and power generation company, has agreed to acquire a portfolio of natural gas generation facilities from Lotus Infrast…
Hydropower Plant
Rio Tinto to Modernise Quebec Hydro Plant With $1.2bn Investment
Rio Tinto has committed $1.2 billion to modernize the Isle-Maligne hydroelectric power plant in Alma, Quebec, marking its largest investment in hydroelectric as…
Wind Power Project
National Grid Records £303M Impairment on US Wind Project in FY24/25
UK utility company National Grid reported a £303 million ($403 million) impairment charge for the 2024/25 financial year due to halted development by its joint…
Photovoltaic (PV)
Google Signs Agreement With Energyre for 600MW of Solar Energy
Google has finalized a renewable energy agreement with energyRe, securing over 600 megawatts of solar and solar-plus-storage projects in South Carolina, USA. Th…
Photovoltaic (PV)
Pioneering DC Arc Fault Protection: Fonrich-TÜV Rheinland AFCI White Paper Redefines PV System Safety Standards
On May 7, 2025, at Intersolar Europe 2025 in Munich, Germany, Fonrich New Energy, in collaboration with TÜV Rheinland, officially launched the Arc Fault Circui…
Hydropower Plant
World Bank Approves $350 Million Grant for Malawi Hydropower Project
On Thursday, the World Bank’s board of directors approved a $350 million grant to fund the Mpatamanga Hydropower Storage Project in Malawi. This initiativ…
Offshore Wind Power
Dutch Postpone Offshore Wind Farm Tenders Due to Low Interest
On Friday, the Dutch government announced a delay in tenders for two offshore wind farms, originally set for September, with a combined capacity of 2 gigawatts …
Crude Oil
Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows
Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …
Power Construction
US Issues Emergency Orders to Address Puerto Rico Grid Security Issues
On Friday, the U.S. Department of Energy (DOE) announced emergency measures to tackle significant grid reliability concerns and enhance the stability of Puerto …
Natural Gas
Turkey Finds New Natural Gas Reserve in Black Sea, Erdogan Says
On Saturday, President Tayyip Erdogan announced the discovery of a 75 billion cubic meter (bcm) natural gas reserve in the Black Sea, uncovered during drilling …
China
World’s Largest Car Carrier Built by China Sets Sail
Anji Ansheng, China's domestically built ocean-going car carrier and the largest in the world by capacity, embarked on its maiden voyage to Europe on Thursd…
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