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Offshore Wind Power
Faroes' First Offshore Wind Farm
Faroese power company SEV has announced plans to build an offshore wind farm near Tórshavn, in the Faroes Islands.
Hydropower Plant
Norwegian Hydropower Company Selects GE as Digital Transformation Partner
GE Renewable Energy has signed a contract with Norwegian energy company BKK to deploy its digital Asset Performance Management (APM) solution as part of a digit…
Solar Power Plant
Afghan Power Company Signs MoU to Develop Solar Plant with PAL 4
The government of Afghanistan has signed a memorandum of understanding with the UAE-based PAL 4 Solar Energy for construction of a solar power plant.
Electricity Transmission
Brazil's State-Owned Eletrobras to Invest $1 Billion a year Through 2035
Brazilian state-owned power company Eletrobras plans to invest 6 billion reais per year until 2035 expanding its power generation and transmission.
Oil & Gas Trade
Dominion Energy Sells Natural Gas Assets for $9.7bn
Dominion Energy has agreed to sell its natural gas assets for $9.7bn, the US-based power company announced on Sunday.
Wind Turbine
Siemens Gamesa to Close Spanish Factory
Siemens Gamesa is to close its Aoiz factory at Navarre in Spain with the loss of up to 239 jobs.
Coal-Fired Power Plants
AES to Divest Stake in Itabo Power Plant to Grupo Linda
Global power company AES Corporation has agreed to sell its interest in the 295MW Itabo power plant in the Dominican Republic for approximately $101m.
NTPC's Profits Dropped to $1.34b in FY 2020
Generation declined to 290.19 billion units compared to last year.
Indonesia State Power Company PLN Reports $2.8 bln Q1 Loss
Indonesia’s state electricity company Perusahaan Listrik Negara (PLN) reported on Monday in its quarterly financial statement a 38.88 trillion rupiah ($2.77 bi…
Geothermal Power Plant
Calpine Secures $1.1bn Climate Funding for Geysers Power Company
Calpine Corporation, one of the leading producers of renewable geothermal energy, announced the closing of a $1.1 billion Climate Bonds Certified financing for …
Energy Technology
Landsvirkjun Wants to Develop Hydrogen a Production Facility
Iceland’s largest electricity generator Landsvirkjun – the National Power Company of Iceland – wants to develop a hydrogen production facility at the 16MW Lj…
Energy Investment
Canadian Investment Firm to Acquire Emami Power in India
Canadian investment company Brookfield Asset Management has reportedly agreed to acquire the solar power business of Indian power company Emami Group.
Nuclear Power Plant
EDF Terminates Nuclear Electricity Supply Contracts
EDF, the French power company, has informed three energy suppliers - Alpiq, Gazel Energie and Total Direct Energie - that their contracts will be terminated und…
Hydropower Plant
Singrobo Hydropower Project to Deliver Electricity Under a 35-Year PPA
An Africa-focused power company Themis Group announced it has issued a Full Notice to Proceed (FNTP) with construction of the 44MW Singrobo Hydropower Project, …
Energy Storage System
Taiwan Power Company Signs Deal for Largest Energy Storage System
Taiwan Power Company has partnered with Delta Electronics to build its largest energy storage system as part of a smart grid project on Kinmen Island.
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