ABB to acquire Gamesa Electric’s Spanish power electronics division
ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa. The…
Power
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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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Hero Future Energies to invest $1.3bn in India’s Karnataka
Hero Future Energies has signed a memorandum of understanding (MoU) with the government of the Indian state of Karnataka to…
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London Climate Technology Show 2024: underinvestment thwarts net-zero transition
Scaling power solutions to reach net zero emissions by 2050 requires significant financial support, speakers at the London Climate Technology…
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Russia attacks Ukraine’s energy infrastructure, causing wide outages
Russia has launched a series of strikes on Ukraine's energy infrastructure, exacerbating the power crisis across the country - the…
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Strike Energy takes FID on South Erregulla gas power plant
Strike Energy has made an unconditional final investment decision (FID) to proceed with the development of the South Erregulla gas…
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NeuConnect completes first phase of cabling for $3.03bn interconnector
NeuConnect has announced the completion of the first phase of cabling works on land and in UK waters for its…
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Uniper signs 6TWh Swedish electricity deal with Stegra
Uniper has entered a long-term power purchase agreement (PPA) with Stegra to supply 6 terawatt hours (TWh) of electricity for…
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Ofgem consulting on new fund to expedite transmission projects
The UK’s Ofgem has proposed a new investment fund, the Advanced Procurement Mechanism (APM), to accelerate the country's transition to…
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TAQA, JERA and Al Bawani Capital to develop power plants in Saudi Arabia
TAQA, JERA and Al Bawani Capital have signed two 25-year power purchase agreements (PPAs) with the Saudi Power Procurement Company…
