The Crown Estate has selected Equinor and Gwynt Glas as preferred bidders to deliver two 1,500MW floating windfarms off Wales and South West England.This follows the latest leasing round to award rights for up to 4.5GW of floating offshore wind in the Celtic Sea. The Crown Estate is working to... More

TerraPower has closed a $650 million fundraising round, with new investors including NVIDIA’s NVentures alongside existing backers Bill Gates and HD Hyundai.The company is advancing its Natrium technology, which combines an advanced nuclear reactor with gigawatt-scale energy storage.... More

The New Jersey Board of Public Utilities has approved Phase 1 of the Garden State Energy Storage Program, aiming to deploy 2GW of energy storage by 2030.Phase 1 will target at least 1GW of transmission-scale projects, starting with a first tranche soliciting 350–750MW through competitive... More

Germany’s Federal Network Agency has awarded contracts for 235MW of biomass capacity in its latest oversubscribed tender round.In the biomass tender for 187MW of capacity, a total of 685 bids representing 543MW of capacity were submitted. Eight bids totaling 5 MW were for new plants and 677... More

Google has partnered with CTC Global to accelerate the rollout of high-capacity, US-manufactured advanced conductors across the domestic grid.The collaboration aims to identify and prioritise transmission lines that can increase capacity rapidly using CTC Global’s ACCC Conductor technology. An... More

GlassPoint has partnered with Searles Valley Minerals to install 750MWth of solar thermal technology at SVM’s Trona, California facility.The project will replace steam currently generated by coal and natural gas boilers at the site. GlassPoint will also deploy its Unify storage system which... More

An ECA-led project financing for the Xlinks interconnector project between Morocco and the UK is due to launch to the market later this year, according to a source close to the project. The electricity interconnector project is known as the Morocco-UK Power Project and will consist of two 1.8GW... More

NEXTDC has secured binding, fully underwritten commitments for new senior debt facilities totalling A$2.2 billion ($1.4 billion), maturing in December 2030.The new financing is arranged and underwritten by a syndicate including Australia and New Zealand Banking Group, Commonwealth Bank of Australia,... More

Globeleq has signed a share purchase agreement with Norfund to acquire a 51% stake in Zambia's Lunsemfwa Hydro Power Company (LHPC).LHPC operates two hydro plants totalling 56MW and is building a 20MW solar PV project in Kabwe, Central Province. The company sells power to Zambia Electricity... More

Ormat Technologies has completed the $88 million acquisition of the 20MW Blue Mountain geothermal plant in Nevada from Cyrq Energy, increasing its portfolio to 1,268MW.The plant was originally built with Ormat technology and currently supplies power to NV Energy under a PPA expiring in 2029. Ormat... More