Infrastructure & Investments
Nhon Trach 3-4 LNG-fired power plants (1.6 GW) start operations in Vietnam
PetroVietnam Power (PV Power) has started operations of Units 3 and 4 of its Nhon Trach LNG-fired power plant, located in the Dong Nai provi...
Energy & Climate Markets
UAE-based Dana Gas makes onshore gas discovery in Egypt
The UAE-based natural gas company Dana Gas has reported the successful drilling of the North El-Basant 1 exploratory well in Egypt’s onshore...
Energy & Climate Markets
PGE secures contracts for 1.4 GW at capacity auction in Poland
The Polish power group PGE Polska Grupa Energetyczna has secured a total 1.4 GW of capacity obligation in a Polish capacity market auction f...
Policy & Regulatory
France’s low-carbon strategy targets 50% gross GHG emissions cut by 2030
The National Low-Carbon Strategy (SNBC), a roadmap designed to guide France toward carbon neutrality by 2050, was opened for consultation on...
Policy & Regulatory
Türkiye awards 1.15 GW in latest wind power auctions
Türkiye has awarded 1.15 GW of capacity in its latest wind power auctions. The auction’s ceiling price was €55/MWh. Out of 75 applications s...
Infrastructure & Investments
North Macedonia and Serbia agree to speed-up gas interconnector (1.5 bcm/year)
North Macedonia and Serbia have agreed to accelerate the development of a gas interconnector with a 1.5 bcm/year of capacity between both co...
Infrastructure & Investments
GE and Seatrium will build part of 2.2 GW BalWin5 offshore HVDC line (Germany)
GE Vernova and Seatrium have been awarded a contract by the German-Dutch power transmission system TenneT to deliver a part of the 2.2 GW Ba...
Infrastructure & Investments
SJVN invites bids for 2 GW pumped-storage hydropower projects across India
SJVN has invited bids to develop 2 GW of energy storage capacity through pumped-storage hydropower projects (PSPs) across the country. The c...
Infrastructure & Investments
AfDB backs project targeting 2 Mt/year of green ammonia in Namibia
The African Development Bank (AfDB) has approved a US$10m loan to support a planned green hydrogen and ammonia project in Namibia, which is ...
Energy & Climate Markets
Italy awards 1.1 GW in its first non-Chinese equipment solar auction
Italy has awarded more than 1.1 GW of capacity to 88 projects in its first auction exclusively for solar installations built without Chinese...
Infrastructure & Investments
National Grid awards contracts for 2 GW Sea Link offshore HVDC project (UK)
The UK power transmission system operator (TSO) National Grid has signed two contracts for the Sea Link project, a 140 km subsea electricity...
Companies
Sembcorp will acquire Alinta Energy and its 10.4 GW portfolio in Australia
Sembcorp has reached an agreement with Chow Tai Fook Enterprises (CTFE) to acquire Alinta Energy from CTFE in a AUD6.5bn deal (US$4.3bn) tha...