Cit

Transformer

Hitachi Energy to Invest $250M in Indian Transformer Production

Hitachi Energy is celebrating its 75th anniversary in India. Credit: Hitachi Energy.Hitachi Energy will invest $250m (Rs20.99bn) in expanding its capacity, port…

Hydropower Plant

KfW Digitalises Substation at Inga Hydropower Plant

The modern substation for the Inga I and II power plants on the Congo River significantly stabilises the electricity supply. Image courtesy KfWGermany’s state-…

Wind Turbine

Türkiye Among Top 5 in Europe in Boosting Wind Capacity

The installed capacity in the first six months of 2024 has already exceeded the wind installations for 2023, which were 397 megawatts.The reasons for this consi…

Transformer

$155 Million Investment Boosts North American Manufacturing Capacity Amid Rising Demand for Electrical Equipment

Hitachi Energy plans to invest an additional $155 million to expand its manufacturing capacity in North America.Hitachi Energy has added over 8,000 employees be…

Solar Cell

Australia Installs 1.3 GW of Rooftop Solar in H1

Photo by Kindel Media via PexelsAustralia is on track to pass its 25 gigawatts (GW) target for rooftop solar capacity with the installation of 1.3 GW in the fir…

Oil & Gas Trade

Exxon Director Joins Elliott Group Seeking to Acquire Citgo Petroleum

A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo Purchase Licensing RightsExxon M…

Electricity Transmission

Avangrid Shareholders Approve $2.55bn Buyback by Iberdrola

Spanish utility Iberdrola has announced that shareholders of Avangrid have approved its proposal to acquire the remaining 18% stake in the company for $2.55bn.

Solar Power Plant

Octopus Energy to Invest £2BN in UK Renewable Energy

Octopus Energy Generation has announced a £2bn investment in UK renewable energy projects by 2030, emphasising solar capacity with 222MW in the pipeline.

Solar Power Plant

First Solar Opens $1.1bn Solar Facility, Adds 3.5GW to US Manufacturing Capacity

First Solar has inaugurated its new $1.1bn fully vertically integrated, thin-film solar manufacturing facility in Lawrence County, Alabama.

Hydropower Plant

Uganda Commissions $1.7bn Hydro Plant, Country’s Largest Power Generation Facility

Octopus Energy Generation has announced a £2bn investment in UK renewable energy projects by 2030, emphasising solar capacity with 222MW in the pipeline.

Hydropower Plant

EPCG and EDF Sign Memorandum for Hydropower Development

Elektroprivreda Crne Gore (EPCG) and Electricité de France (EDF) have signed a Memorandum of Understanding (MoU) to outline a long-term partnership in en…

Electricity Transmission

UNEZA Members to Invest $116BN per Year in Clean Power and Grid Infrastructure

UNEZA members have published recommendations to policymakers. Credit: IRENA/UNEZA.Members of the Utilities for Net Zero Alliance (UNEZA) have announced a joint …

Hydropower Plant

Uganda commissions $1.7 bln China-financed hydropower plant

Uganda on Thursday commissioned its largest electricity generation plant, a 600 megawatt (MW) power plant built on the River Nile that cost $1.7 billion, financ…

United States

Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say

A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. REUTERS/Lucy Nicholson Purchase Licensing RightsPrivately held oil and g…

Oil Price

Oil prices slide 3% on prospect of more OPEC+ oil

A view shows Atyrau Oil Refinery owned by Kazakhstan's state energy company KazMunayGas in the city of Atyrau, Kazakhstan, November 15, 2023. REUTERS/Turar …