All articles by Aninda Chakraborty
Duke Energy’s Oconee Nuclear Station secures 20-year licence renewal
The renewal licence comes after the company carried out key maintenance and upgrades at Oconee, including the replacement of reactor vessel heads, steam generators, turbines, transformers, pumps, and valves
Northern Lights CCS Project secures $710m for phase two expansion
The second phase of Northern Lights is expected to increase the CCS project’s capacity from 1.5 million tonnes of CO2 per year to at least 5 million tonnes
TotalEnergies takes investment decisions on six German battery storage projects
The six battery projects, which will add a combined 221MW of new storage capacity, are expected to become operational by early 2026
Vattenfall takes FID on 1.6GW Nordlicht offshore wind cluster in Germany
Meanwhile, BASF has secured a long-term renewable electricity supply from the Nordlicht wind farms to ensure a steady flow of green power for its chemical production across Europe
Orascom-Técnicas Reunidas JV wins $2.6bn contract for Saudi plant expansion
The project, situated in Saudi Arabia’s Eastern Province, will add a significant 3GW of combined cycle gas-fired power to the nation’s grid
ENGIE Brasil Energia signs deal to acquire two hydropower plants for $506m
The two plants are Santo Antônio do Jari Hydropower Plant, located between the municipalities of Laranjal do Jari in Amapá and Almeirim in Pará, and the Cachoeira Caldeirão Hydropower Plant in Amapá
HCC-TPL JV secures $286m contract to build pumped storage project in India
The 1,000MW Bhivpuri Off-Stream Open Loop Pumped Storage Project (PSP) in Karjat, Maharashtra, India, will feature two 333MW units and two 167MW units
ADQ and ECP form $25bn power generation partnership for US data centres
The initiative is set to address the critical need for reliable and quality power supply essential for data centres, hyperscale cloud providers, and energy-intensive industries
Pensana gains $268m financing nod for Longonjo Rare Earth Project
Longonjo rare earth project located in the Huambo district of Angola has a JORC compliant reserve of 30 million tonnes grading 2.55% TREO containing 166,000 tonnes of NdPrO
Hungary’s MOL discovers new oil field near Somogysámson
Over the next five years, MOL plans to channel approximately HUF150bn ($410m) into enhancing oil and natural gas production within the country