Shell Energy North America (SENA) has agreed to acquire 169 MW of natural gas-fired power generation capacity in Pennsylvania, USA while selling its interests in RISEC Holdings to Constellation Energy Generation for $715 million.
Mico Group has successfully completed its acquisition of NEM Energy, the world’s leading HRSG maker, through its subsidiary Hyundai Heavy Industries Power Systems (HPS).
Sri Lanka’s Board of Investment (BOI) has approved Sahasdhanavi Limited’s plan for the development of a 350 MW combined cycle power plant at the Kerawalapitiya Industrial Zone.
Shri K Vijayanand, Chief Secretary for the Andhra Pradesh government in India, has said that the state is taking up 1162.8 MW through 228 solar power plants under Component C of the PM-KUSUM scheme.
Construction has started on a 10 MW, $8 million solar power plant in Mwandi District, in Zambia’s Western Province. The project will strengthen power supply in the region and support the national grid.
GE Vernova and LS Electric have announced they have signed an agreement to establish a joint venture based on Voltage-Sourced Converter High-Voltage Direct Current (VSC-HVDC) to modernise South Korea’s power grid.
The German renewable energy company ABO Energy has signed a cooperation agreement with the City of Oulu to progress plans for a 600 MW green hydrogen plant in the city.
ePointZero, a subsidiary of the 2PointZero Group from the UAE, will acquire a 90 per cent stake in Azura Power, an IPP operating in Africa. Completion of the deal is subject to regulatory approval.
The General Electricity Company of Libya (GECOL) said that Tripoli and several cities in western Libya suffered a blackout in the early hours of 31 August following a sudden and severe disturbance affecting the western section of the power grid.
Saudi Arabia and Türkiye have announced plans to cooperate on renewable energy, which both countries aim to develop in bulk. Saudi Arabia has already invested heavily in Türkiye’s solar power sector and aims to deepen its energy partnership with Türkiye.