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Power grid
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…
Power Construction
Clean Energy Powered Two-Thirds of California’s Electricity Grid in 2023
In 2023, California reached a significant milestone, with 67% of its retail electricity sales derived from renewable and zero-carbon sources, a 61% increase fro…
Power Construction
NB Power Contracts PROENERGY for 400MW RIGS Project in Canada
NB Power, New Brunswick’s primary utility provider, has engaged PROENERGY to develop, construct, own, and operate the Renewable Integration and Grid Secur…
Power Construction
GE Vernova Wins Kühmoos Grid Upgrade Contract in Germany
GE Vernova has been awarded a contract by TransnetBW to upgrade the Kühmoos grid node, a key substation in southern Germany vital for cross-border electric…
HVDC
SEK Provides €800M Loan for Eastern Green Link 2 Project
The Swedish Export Credit Corporation (SEK) has finalized a €800 million loan agreement with National Grid Electricity Transmission to support the Eastern …
Electricity Trade
Hut 8 Secures Five-Year Power Contracts in Ontario, Canada
Hut 8, a power generation company, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO) for 310MW of power g…
Virtual power plants
AGL Energy Buys South Australia’s Virtual Power Plant From Tesla
On July 4, 2025, AGL Energy, an Australian power retailer, announced its acquisition of the South Australia Virtual Power Plant (SAVPP) from Tesla. This move st…
Power Construction
Construction Begins on Chinese Section of China-Laos 500-KV Power Interconnection Project
On June 30, 2025, construction began on the Chinese section of the China-Laos 500-kV power interconnection project, marking another significant step in bilatera…
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