Tag: Power

African Development Bank 2025 Annual Meetings
Africa

African Development Bank 2025 Annual Meetings: “Making Africa’s Capital Work Better for Africa’s Development.”

The African Development Bank Group’s 2025 Annual Meetings open next week amidst shifting winds of global trade. Forty-seven of Africa’s fifty-four countries have been affected by new U.S. trade measures, with 22 facing tariffs of up to 50 percent on a wide range of exports. In the context of evolving U.S. foreign assistance priorities and reduced USAID funding, African nations are navigating a changing landscape … Continue reading African Development Bank 2025 Annual Meetings: “Making Africa’s Capital Work Better for Africa’s Development.”

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Siemens and TURN2X join forces to scale up green energy production
Europe

Siemens and TURN2X join forces to scale up green energy production

Siemens to become preferred supplier and technology partner for TURN2X’s production of renewable natural gas Agreement includes broad scope from the Siemens Xcelerator portfolio Partnership directly contributes to expanding the availability of green energy alternatives Today, the technology company Siemens and Germany-based TURN2X announced a Global Partnership aimed at advancing the production of renewable natural gas through a comprehensive technological collaboration. This partnership responds to … Continue reading Siemens and TURN2X join forces to scale up green energy production

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Second round of new hydrogen projects
Europe

Second round of new hydrogen projects will accelerate development of innovative new industry and boost energy security

Press Release – 7 April 2025 – RenewableUK Welcoming the Government’s announcement that 27 hydrogen projects have been shortlisted for the next stage of the second Hydrogen Allocation Round (HAR2), supporting low-carbon hydrogen production in the UK, RenewableUK’s Director of Future Electricity Systems Barnaby Wharton said: “This is great news as the second round of new hydrogen projects will accelerate the development of an innovative new … Continue reading Second round of new hydrogen projects will accelerate development of innovative new industry and boost energy security

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Hitachi Energy selected for 950-km HVDC transmission system to deliver 6 GW of renewable energy in India
Asia, Europe

Hitachi Energy selected for 950-km HVDC transmission system to deliver 6 GW of renewable energy in India

Press Release – Zurich, Switzerland – 03.04.2025 – Rajasthan Part I Power Transmission Limited, a subsidiary of Adani Energy Solutions Ltd. (“AESL”), has awarded a major contract to a consortium comprising Hitachi Energy and Bharat Heavy Electricals Limited (BHEL). The contract will see the consortium design and deliver high-voltage direct current (HVDC) terminals to transmit renewable energy from the Bhadla area of Rajasthan to the … Continue reading Hitachi Energy selected for 950-km HVDC transmission system to deliver 6 GW of renewable energy in India

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Climate Policy
United States

Amazon deforestation threatens Brazil’s energy security and generates billions in losses for the electricity sector

Brazil‘s two largest hydroelectric power plants have a combined annual loss of 3.8 thousand GWh of energy due to deforestation.  Press Release – 31 March, 2025 – The deforestation of the Amazon forest is costing Brazil immensely. An unprecedented study by Climate Policy Initiative/PUC-RIO (CPI/PUC-RIO) and Amazon 2030 identifies that the Itaipu and Belo Monte plants, together, lose the equivalent of the electricity consumption of 1.5 million people due to the deforestation of the Amazon raiforest. The energy generation loss causes an annual shortfall of more than US$ 200 million in revenue for the plants. “Hydropower is a renewable, inexpensive source of generation that provides greater flexibility for operating the electricity system. But it is also a source that is very … Continue reading Amazon deforestation threatens Brazil’s energy security and generates billions in losses for the electricity sector

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GE Vernova and MIT launch new alliance to accelerate energy innovation
United States

GE Vernova and MIT launch new alliance to accelerate energy innovation

GE Vernova to commit $50 million over five years in new partnership to drive breakthrough energy innovation and develop future industry leaders CAMBRIDGE, MA (March 31, 2025) – GE Vernova and the Massachusetts Institute of Technology (MIT) have entered into a new strategic alliance aimed at advancing cutting-edge energy technologies and fostering the next generation of power industry leaders. The new collaboration cements a growing relationship … Continue reading GE Vernova and MIT launch new alliance to accelerate energy innovation

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MayMaan and SPIE Nederland Forge Partnership
Europe

MayMaan and SPIE Nederland Forge Partnership

MayMaan and SPIE Nederland Forge Partnership to Accelerate Energy Transition in Europe Press Release – SPIE Nederland and MayMaan have partnered to tackle network congestion challenges in Europe and drive the energy transition forward. By combining MayMaan’s innovative water-based fuel technology with SPIE’s expertise in energy infrastructure, the collaboration aims to transform how off-grid power is generated, distributed, and consumed, creating a more sustainable future. … Continue reading MayMaan and SPIE Nederland Forge Partnership

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Wood 
Europe

Wood launches Middle East energy transition centre

Press release – 12 March 2025 – Wood, a global leader in consulting and engineering, announces the launch of a highly specialist centre for technical, strategic and economic energy transition solutions in Abu Dhabi. The ‘energy transition hub’ directly serves clients in the Middle East region, bringing together the advisory and technical expertise required to deliver energy diversification and net zero goals. The hub’s collective of … Continue reading Wood launches Middle East energy transition centre

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Geothermal Developer Ignis H2 Energy Raises $12.5M in Series A First Close
United States

Geothermal Developer Ignis H2 Energy Raises $12.5M in Series A First Close

Funds to Advance Exploration Projects in USA, Turkey, Indonesia & Italy Press Release – February 19, 2025 – HOUSTON – Ignis H2 Energy Inc. (“Ignis Energy”), a geothermal exploration and development startup, announced today the successful first closing of its Series A funding round, securing $12.5 million from a consortium of investors, including leading funds and private individuals. The funding round was led by alfa8 … Continue reading Geothermal Developer Ignis H2 Energy Raises $12.5M in Series A First Close

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