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…
Power
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SSEN Transmission to invest $28bn to boost grid infrastructure
SSEN Transmission intends to invest a minimum of £22bn ($28bn) in grid infrastructure over five years from April 2026 to…
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Hydro Tasmania signs offtake deal for 288MW solar farm
The Australian state of Tasmania's first large utility-scale solar photovoltaic (PV) project, the 288MW Northern Midlands solar farm, has signed…
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Sembcorp secures LoA for 300MW wind-solar hybrid project in India
Singapore-based company Sembcorp Industries has received a Letter of Award (LoA) for a 300MW inter-state transmission system (ISTS) wind-solar hybrid…
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ORLEN Group secures funding to boost electricity distribution in Poland
ORLEN Group has secured a 3.5bn zlotys ($866.6m) loan from the European Investment Bank (EIB) for a strategic investment programme…
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Energy Vault plans 57MW BESS in Texas in 2025
Energy Vault has disclosed plans for a 57MW/114MWh battery energy storage system (BESS), named Cross Trails BESS, in Scurry County…
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Nexans to divest electrical cable manufacturer AmerCable to Mattr
French company Nexans has agreed to sell AmerCable, a manufacturer of electrical power, control, and instrumentation cables, to Mattr for…
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Tongyeong power plant starts operations in South Korea
Tongyeong Eco Power's combined-cycle power plant has started commercial operations in South Korea. Located in Gyeongsangnam-do, Tongyeong combined cycle power…
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Lagos seeks bids for 4GW gas-fired power plants amid grid failures
Nigeria's Lagos State Government has called for bids from investors, independent power producers, and energy solution companies to develop up…
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Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn
Iberdrola has closed the acquisition of an 88% stake in UK-based Electricity North West (ENW). The agreement values the entire…
