Canada extends its net zero electricity grid target to 2050
Canada has extended its target for a net zero electricity grid from 2035 to 2050, following the release of its …
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Hydro One to build 260km transmission line in NE Ontario
Hydro One has been selected to develop a critical transmission line in the northeast of the Canadian province of Ontario …
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PG&E receives conditional commitment for $15bn federal loan
The US Department of Energy (DoE) has provided a conditional commitment for a $15bn loan to California-based electric utility PG&E. If …
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CFS to construct grid-scale commercial fusion plant in Virginia, US
Commonwealth Fusion Systems (CFS) has outlined plans to build the world’s first grid-scale commercial fusion power plant, ARC, at the …
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Top power companies in 2024
The power sector continued to experience rapid transformation this year, driven by increased demand for clean energy, innovation in emerging …
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Leading strategic intelligence solutions for the power sector
Leading strategic intelligence solutions for the power sector: Introduction Across a wide range of sectors, including the power industry, the need …
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Cubico gains financing for 500MW Wambo wind farms in Australia
Cubico Sustainable Investments has reached financial close for the Wambo wind farm project, which comprises the 252MW Stage I and …
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Tion Renewables acquires 104MW solar portfolio in Spain from EDPR
Tion Renewables Group has finalised a deal with EDP Renováveis (EDPR) for the acquisition of a 104MW solar portfolio in …
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GE Vernova secures Caribbean gas turbine order
GE Vernova has secured its first order for H-Class natural gas-fired combined cycle power generation equipment in the Caribbean. The equipment …
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Qair and Etermar sign MoU for Iberian offshore wind opportunities
Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind …
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Apex Clean Energy secures financing for 300MW farm in Illinois
Apex Clean Energy has secured financing for the Prosperity Wind project, a 300MW wind farm located in Piatt County in …
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EIB supports ERG Group’s renewable energy projects with $255m loan
The European Investment Bank (EIB) has committed €243m ($255m) to finance renewable energy projects by wind and solar sector operator …
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Japan unveils draft energy plan to advance decarbonisation efforts
Japan's industry ministry has unveiled a draft of a new basic energy plan which commits to maximising the use of …
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The most-read stories on Power Technology in 2024
2024 has been a rollercoaster for the power sector, with natural disasters, innovations, mergers and acquisitions, notable elections and a rapidly …
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Aker Solutions and ABB win FEED contract for UK GreenVolt project
Aker Solutions and ABB have received a contract to provide front-end engineering and design (FEED) services for the GreenVolt project, …
