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Power Construction
US Invests $3.5 Billion to Bolster Power Grid, Deploy Clean Energy
A woman jogs by power lines, as California's grid operator urged the state's 40 million people to ratchet down the use of electricity in homes and busin…
Power Construction
South Africa May Get $1 Billion Loan From World Bank to Tackle Power Crisis
A child collecting chunks of coal looks on at a colliery while smoke rises from the Duvha coal-based power station owned by state power utility Eskom, in Emalah…
Power Construction
Transalta Wraps up $1BN Acquisition of Transalta Renewables
Prior to the deal announced in July 2023, TransAlta and its affiliates collectively held nearly 160 million shares of TransAlta Renewables, representing 60.1% o…
Oil & Gas Trade
MET Group Says New French Gas and Power Contracts Amount to 1.5 TWh/Year
Switzerland-based energy trader MET group said on Thursday its new portfolio in France following the takeover of Antargaz's gas and power deliveries would a…
Power Construction
Facing Climate Change, Asean Starts Cooperating on Regional Power-Sharing Grid
FILE - Solar panels work near wind turbines in Quy Non, Vietnam on June 11, 2023.The increasingly urgent threat posed by climate change is pushing ASEAN nations…
Power Construction
AI-Powered Electricity Demand Forecasting Company Raises $20M
(Photo by American Public Power Association on Unsplash)Amperon Holdings, a provider of AI-powered electricity forecasts, announced it raised $20 million in Ser…
Power Construction
Greece, Saudi Arabia to Look At Linking Their Power Grids
Greece and Saudi Arabia agreed on Wednesday to set up a jointly-owned company that will look at linking their power grids, taking the first step in their plan t…
Power Construction
ISA Cteep to Invest $3 Bln in Brazil Power Transmission Projects by 2028
Brazilian power company ISA Cteep (TRPL4.SA) is set to invest more than 15 billion reais ($3 billion) in electricity transmission projects in the country by 202…
Power Construction
ADB Approves $200M Loan for Uzbekistan's Power Distribution System
It aims to digitalise 26 distribution substations in the country.The Asian Development Bank (ADB) has given the green light for a $200m loan that will support t…
Power Construction
Planning Review Starts for 500KM German Grid Expansion
German TSO Amprion has selected engineering consultancies Arcadis and ILF Beratende Ingenieure GmbH to undertake the initial phases of route planning for the 50…
Power Construction
Italy's Edison Inaugurates Power Station Partly Funded by Citizens
Edison's logo is seen outside the company headquarters in downtown Milan, Italy, January 14, 2016. REUTERS/Stefano Rellandini/File Photo Acquire Licensing R…
Power Construction
EDF, Masdar Win 25-Year Saudi Power Deal for Resort on Red Sea
A cyclist passes a giant billboard advertisement for the Saudi Arabian tourist board on Sheikh Zayed Road in Dubai, United Arab Emirates, on Friday, Oct. 18, 20…
Power Construction
Dutch State Invests $535 Million in Power-Grid Operator Stedin
The Dutch government said on Friday it would invest 500 million euros ($535 million) in regional electric grid operator Stedin to help it handle the surge in el…
Power Construction
PLN Signs Cooperation With Tanesco to Develop Electricity Ecosystem in Tanzania
Tanzania Electric Supply Co. Ltd. (TANESCO), a parastatal company incorporated in 1931, has adopted a business transformation implemented by Indonesian state-ow…
Power Construction
New Pilot Project Aims to Increase NY Grid Capacity for Clean Energy
Avangrid, a sustainable energy company and part of the Iberdrola Group, has announced a pilot project with LineVision to free up additional capacity on its tran…
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