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Power-generation sector news incl. M&A.

Acwa and SPPC Sign Agreement for Rabigh 2 Expansion Project
NewsApr 20, 2026

Acwa and SPPC Sign Agreement for Rabigh 2 Expansion Project

Acwa and the Saudi Power Procurement Company (SPPC) have signed a power purchase agreement to expand the Rabigh 2 independent power plant in Saudi Arabia. The deal, worth SR 11.5 bn (approximately $3 bn), covers a 2.31 GW gas‑fired combined‑cycle plant and a 380 kV substation...

By Power Technology
Premier Energy to Buy Evryo Group for $823m
NewsApr 20, 2026

Premier Energy to Buy Evryo Group for $823m

Premier Energy Group announced a €700 million ($823 million) acquisition of Romania’s Evryo Group, gaining full ownership of Felix Distribution Holdings and Evryo Power. The deal brings the regulated DEO electricity distribution network, which spans 80,000 km and serves 1.5 million customers, under Premier’s...

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Kruger Breaks Ground on 196MW Saint-Paul-De-Montminy Wind Farm
NewsApr 17, 2026

Kruger Breaks Ground on 196MW Saint-Paul-De-Montminy Wind Farm

Kruger Energy has broken ground on the 196 MW Saint‑Paul‑de‑Montminy wind farm in Quebec, slated for operation by December 2027. The project, costing over C$580 million ($423 million), will feature 28 turbines and a power purchase agreement with Hydro‑Québec. Construction will generate more than...

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Pastoria Solar Project Enters Service to Support SWP Decarbonisation
NewsApr 17, 2026

Pastoria Solar Project Enters Service to Support SWP Decarbonisation

Calpine, a Constellation Energy unit, has finished the 105 MW Pastoria Solar Project, the biggest renewable contract ever signed by California's Department of Water Resources. The site pairs solar panels with an 80 MW/320 MWh battery storage system and a 750 MW natural‑gas combined‑cycle...

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Chile Pilot Blends 10% Green Hydrogen Into Gas Network
NewsApr 17, 2026

Chile Pilot Blends 10% Green Hydrogen Into Gas Network

Chile’s GasValpo has begun injecting green hydrogen into the natural‑gas distribution system serving La Serena and Coquimbo, creating South America’s first residential hydrogen‑blending pilot. The blend currently stands at 10% hydrogen and 90% natural gas, with plans to increase to...

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Wärtsilä to Supply 412MW of Engine Power for US Data Centre
NewsApr 17, 2026

Wärtsilä to Supply 412MW of Engine Power for US Data Centre

Wärtsilä has secured a 412 MW contract to power a new hyperscale data centre in Ohio, deploying 40 of its 34SG spark‑gas engines. This marks the first use of the 34SG model in a data‑centre setting and pushes the company’s total...

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Unlocking Wind Turbine Longevity with Smarter Lubrication
NewsApr 16, 2026

Unlocking Wind Turbine Longevity with Smarter Lubrication

The wind power market is set to reach 3,207 GW of installed capacity by 2035, driving demand for more reliable turbine operation. Effective lubrication is critical, as drivetrain failures can quickly halt production, especially in offshore and remote sites. Mobil introduced...

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Winda Energy to Build Battery Storage Facilities in Finland
NewsApr 16, 2026

Winda Energy to Build Battery Storage Facilities in Finland

Winda Energy announced plans to build two industrial‑scale battery storage facilities in central Finland, in partnership with investment firm Wood & Co. The Äänekoski site will deliver 30 MW of power with 60 MWh of storage, while the Laukaa project will provide...

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Forêt Domaniale Wind Project Secures Financial Close
NewsApr 16, 2026

Forêt Domaniale Wind Project Secures Financial Close

The 185.6 MW Forêt Domaniale Wind Project in Quebec has achieved financial close, unlocking construction that began in early 2026. Ownership is split between EDF solutions électriques and Alliance de l’énergie de l’Est, with financing led by Desjardins and a consortium...

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Outer Dowsing Offshore Wind Farm Gets Development Consent
NewsApr 16, 2026

Outer Dowsing Offshore Wind Farm Gets Development Consent

The UK Secretary of State has granted development consent for the 1.5 GW Outer Dowsing offshore wind farm, a joint venture of Corio, TotalEnergies and Gulf Energy Development. Located about 54 km off Lincolnshire, the project will host up to 100 turbines,...

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ABB’s HiPerGuard Medium-Voltage UPS Wins 2025 Data Center Power Innovation Award
NewsApr 15, 2026

ABB’s HiPerGuard Medium-Voltage UPS Wins 2025 Data Center Power Innovation Award

ABB’s HiPerGuard medium‑voltage UPS won the 2025 Data Center Power Innovation award. The system moves uninterruptible power protection to the 5‑24 kV range, using a ZISC architecture that achieves 98 % efficiency and can handle up to five times nominal current for...

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RWE Completes Installation of Two Substations at Nordseecluster A
NewsApr 15, 2026

RWE Completes Installation of Two Substations at Nordseecluster A

RWE has finished installing two massive offshore substations at the 660 MW Nordseecluster A wind farm, located about 50 km north of Juist island in the German North Sea. The 1,800‑ton and 2,500‑ton units were lifted onto their foundations by the Gulliver floating...

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New Episode: How Have Global Oil Supply Chains Shifted Around the Iran Conflict?
NewsApr 15, 2026

New Episode: How Have Global Oil Supply Chains Shifted Around the Iran Conflict?

The latest episode of Energy Technology examines how the US‑Israel‑Iran conflict has reshaped global oil supply chains. With the Strait of Hormuz closed and U.S. blockades on Iranian vessels, Middle Eastern exporters such as Saudi Arabia and the UAE have...

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Strategic Readiness Assessment
NewsApr 14, 2026

Strategic Readiness Assessment

Ericsson has introduced a Smart Oil Field Maturity Assessment that evaluates an operator’s digital readiness across organizational, technical, production, and workforce dimensions. The tool benchmarks current connectivity, automation and analytics capabilities, then delivers a customized score, prioritized actions and a...

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Equinor Sells 8.07% Stake in Scatec for $169m
NewsApr 14, 2026

Equinor Sells 8.07% Stake in Scatec for $169m

Equinor sold an 8.07% stake in Norwegian renewable developer Scatec for roughly $168.5 million, pricing shares at Nkr 125 ($13.16) each. After the transaction the oil major retains an 8.05% holding subject to a 90‑day lock‑up. Equinor first invested in Scatec in...

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CWP Energy Secures Funding for Sanquhar II Wind Project
NewsApr 14, 2026

CWP Energy Secures Funding for Sanquhar II Wind Project

CWP Energy has closed a $500 million financing package for the 308 MW Sanquhar II onshore wind farm in southern Scotland, secured through a UK Contract‑for‑Difference award in Allocation Round 7. The project, featuring 44 Vestas V162 EnVentus turbines—the first of this model in...

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ANDRITZ Hydropower Surge Drives Record €3.6bn Order Intake in Q1 2026
NewsApr 13, 2026

ANDRITZ Hydropower Surge Drives Record €3.6bn Order Intake in Q1 2026

ANDRITZ posted a record first‑quarter 2026 order intake of €3.6 billion (about $3.9 billion), a 54% increase year‑over‑year, driven mainly by a wave of mid‑size hydropower contracts. The wins cover upgrades in North America, Europe and South America, as well as new...

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IESO Signs 20-Year Contracts for 14 Renewable Energy Projects
NewsApr 13, 2026

IESO Signs 20-Year Contracts for 14 Renewable Energy Projects

Ontario’s Independent Electricity System Operator (IESO) has awarded 20‑year contracts to 14 renewable projects—12 solar and two wind—under its Long‑Term 2 Energy Stream 1 RFP. The projects will deliver more than three terawatt‑hours of electricity each year, a capacity aimed at meeting...

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Envision Energy, BBVA Sign $500m Vendor Financing Agreement
NewsApr 13, 2026

Envision Energy, BBVA Sign $500m Vendor Financing Agreement

Envision Energy has signed a $500 million (approximately 3.42 bn yuan) vendor‑financing agreement with BBVA Corporate & Investment Banking to fund its renewable‑energy projects across Europe, Asia and Latin America. The framework gives Envision access to a suite of financing instruments, extending...

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Steam and Gas Turbines Market to Reach $23.4bn by 2030, Forecasts GlobalData
NewsApr 10, 2026

Steam and Gas Turbines Market to Reach $23.4bn by 2030, Forecasts GlobalData

GlobalData forecasts the worldwide steam and gas turbines market to reach $23.4 bn by 2030, driven by efficiency demands and stricter environmental rules. The Asia‑Pacific region will dominate, with gas turbine value projected at $4.6 bn in 2025 and $7.4 bn by 2030,...

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Galp to Acquire 351MW Spanish Onshore Wind Portfolio
NewsApr 10, 2026

Galp to Acquire 351MW Spanish Onshore Wind Portfolio

Portuguese energy group Galp will buy a 351 MW onshore wind portfolio in Spain from Helia Funds for about €320 million ($373 million). The assets, spread across 17 merchant sites, generate roughly 750 GWh per year and will push Galp’s renewable capacity to 2 GW,...

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RWE Installs CO2-Reduced Steel Tower and Recyclable Blades at Thor
NewsApr 10, 2026

RWE Installs CO2-Reduced Steel Tower and Recyclable Blades at Thor

RWE has installed an offshore wind turbine at the Thor project using a reduced‑CO₂ steel tower and recyclable rotor blades. The 1.1 GW farm, located 22 km off Denmark’s west coast, now delivers its first power to the grid and will host...

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UK Approves EDF’s 800MW Springwell Solar Farm
NewsApr 9, 2026

UK Approves EDF’s 800MW Springwell Solar Farm

EDF Power Solutions UK and Luminous Energy have secured a Development Consent Order for the 800 MW Springwell Solar Farm in Lincolnshire. The project, a 50/50 joint venture, is slated to generate enough electricity to power more than 180,000 homes and...

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EIB, Société Générale Secure $177m for Sand Solar Project in Sicily
NewsApr 8, 2026

EIB, Société Générale Secure $177m for Sand Solar Project in Sicily

The European Investment Bank and Société Générale have jointly secured €153 million (about $176.9 million) to fund the Sand Solar Project, a 137 MW photovoltaic plant in Sicily. The EIB will lend up to €70 million ($76 million) and Société Générale up to €83.34 million ($91 million). Once operational,...

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ENGIE to Expand European BESS Portfolio with Projects in Spain and France
NewsApr 8, 2026

ENGIE to Expand European BESS Portfolio with Projects in Spain and France

ENGIE announced the acquisition of two battery energy storage system (BESS) projects in Spain—78 MW/312 MWh in Álora and 200 MW/800 MWh in Tarifa—and the start of construction on a 110 MW/220 MWh facility in France. The additions lift ENGIE’s European BESS capacity above 1 GW, complementing...

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Global Hydropower Investment Poised for Recovery After Decade-Long Slump – Report
NewsApr 8, 2026

Global Hydropower Investment Poised for Recovery After Decade-Long Slump – Report

Global hydropower investment, which peaked at nearly $60 bn in 2013, has been on a downward trajectory for a decade, falling to about $29 bn in 2024. The decline was fueled by a shift toward wind and solar, heightened environmental concerns, and...

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CleanMax Commissions 185MW Hybrid Project in Gujarat, India
NewsApr 8, 2026

CleanMax Commissions 185MW Hybrid Project in Gujarat, India

Clean Max Enviro Energy Solutions has commissioned a 185 MW wind‑solar hybrid project in Kalavad, Gujarat, raising its state capacity to about 844 MW. The facility will serve 17 corporate customers under 25‑year fixed‑tariff PPAs and is projected to add roughly $17.75 million...

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From ‘Nice to Have’ to Business Critical: The TCO Case for Private 5G in Oil and Gas
NewsApr 7, 2026

From ‘Nice to Have’ to Business Critical: The TCO Case for Private 5G in Oil and Gas

Oil and gas operators are moving from legacy TETRA, Wi‑Fi and SCADA networks to private 5G as assets become more distributed and data‑intensive. The article argues that a total‑cost‑of‑ownership (TCO) lens reveals private 5G’s ability to cut unplanned outages, consolidate...

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New Episode: Q&A with Sweden’s Nuclear Power Chief
NewsApr 7, 2026

New Episode: Q&A with Sweden’s Nuclear Power Chief

Sweden has dramatically reversed its nuclear policy, scrapping the phase‑out plan and opening the door for new reactors. The government lifted the cap on operating units, approved additional sites and introduced incentives to speed investment. Its roadmap now targets at...

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Zelestra, EDP Sign Solar-Battery PPA in Spain
NewsApr 7, 2026

Zelestra, EDP Sign Solar-Battery PPA in Spain

Renewable energy firm Zelestra and utility EDP have signed Spain’s first hybrid solar‑battery power purchase agreement, pairing a 160 MWh battery storage system with the 50 MW Pizarroso solar plant in Cáceres. The deal builds on a 2025 PPA that combined 170 MW...

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Waaree Subsidiary Begins Operations at 3GW Facility in Gujarat, India
NewsApr 7, 2026

Waaree Subsidiary Begins Operations at 3GW Facility in Gujarat, India

Waaree Energies' subsidiary Sangam Solar One started operations at a 3 GW solar module plant in Samakhiali, Gujarat on 6 April 2026, adding four 750 MW production lines. The new capacity joins the 1.5 GW launched in November 2025, bringing total output across the Samakhiali and...

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South Korea Sets 20% Renewable Power Goal for 2030
NewsApr 7, 2026

South Korea Sets 20% Renewable Power Goal for 2030

South Korea announced a plan to raise renewable electricity to at least 20% by 2030. The government aims to expand renewable capacity to 100 GW, primarily through solar and wind, up from an 11.4% share last year. The strategy also calls...

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Banpu to Invest $1.5bn to Expand Operations in US
NewsApr 7, 2026

Banpu to Invest $1.5bn to Expand Operations in US

Thai energy group Banpu announced a minimum $1.5 bn (Bt48.86 bn) investment to expand its U.S. power portfolio, targeting roughly 1 GW of new generating capacity. The plan centers on building or acquiring gas‑fired plants in Texas, where the company already operates two...

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Jindal Stainless Completes $14.2m Investment in Oyster Green
NewsApr 6, 2026

Jindal Stainless Completes $14.2m Investment in Oyster Green

Jindal Stainless has completed its pledged investment of Rs 1.32 bn ($14.2 million) in Oyster Green Hybrid One, a joint special‑purpose vehicle with Oyster Renewable Energy. The steel maker added another Rs 234.1 m (≈$2.8 million) to raise its equity to 4.6% in the venture. The...

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Inside Sweden’s Policy U-Turn: Q&A with the Government’s Nuclear Lead
NewsApr 2, 2026

Inside Sweden’s Policy U-Turn: Q&A with the Government’s Nuclear Lead

Sweden has abandoned its nuclear phase‑out, lifting the ban on new reactors and unveiling a roadmap that adds 2.5 GW of large‑scale capacity by 2035 and aims for 8.2 GW by that year. The government introduced a state‑backed financing scheme covering the...

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Dimension Energy Secures $650m for Community Solar Projects
NewsApr 2, 2026

Dimension Energy Secures $650m for Community Solar Projects

Dimension Energy secured a $650 million financing package to develop a 132 MW portfolio of 25 community solar projects across Pennsylvania, New York, New Jersey and Illinois. The deal includes $415 million in debt from MUFG, First Citizens Bank, ING Capital and National Bank of...

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Zambia Launches 300MW Solar PV Tender Through CFIP Scheme
NewsApr 2, 2026

Zambia Launches 300MW Solar PV Tender Through CFIP Scheme

Zambia has opened a 300 MW solar photovoltaic tender under its Carbon Feed‑In Premium (CFIP) programme, targeting projects with on‑site battery storage. The Ministry of Green Economy and Environment and the Ministry of Energy invite local and international independent power producers,...

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Drax Completes $48m Acquisition of Flexitricity
NewsApr 2, 2026

Drax Completes $48m Acquisition of Flexitricity

Drax Group has completed the purchase of Flexitricity for approximately $48 million, finalising a deal announced in January 2026. Flexitricity brings a proprietary AI‑driven platform that optimises around 900 MW of flexible energy assets, including battery storage, gas peakers and demand‑response resources....

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Regulators Complete Assessment of Holtec SMR Reactor
NewsApr 2, 2026

Regulators Complete Assessment of Holtec SMR Reactor

The Office for Nuclear Regulation, the Environment Agency and Natural Resources Wales have finished Step 2 of the Generic Design Assessment for Holtec’s SMR‑300, confirming no fundamental safety, security, safeguards or environmental shortfalls. This clearance removes a major regulatory hurdle for...

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£12bn Plan to Rewire Scotland Grid Kicks Off
NewsApr 1, 2026

£12bn Plan to Rewire Scotland Grid Kicks Off

ScottishPower’s transmission arm SP Energy Networks has launched a five‑year, £12 bn (≈$15 bn) programme to rewire the central and southern Scotland electricity grid. The plan includes building 12 new major substations and upgrading or replacing more than 570 km of transmission lines...

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EIB Lends €60m for Grid Operations in Andorra
NewsApr 1, 2026

EIB Lends €60m for Grid Operations in Andorra

On April 1, 2026, the European Investment Bank approved a €60 million (approximately $65 million) framework loan to support Andorra’s energy transition. The first tranche of €30 million has already been disbursed to finance renewable generation, grid upgrades, and district heating and cooling...

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Quebec Starts Construction of $2bn Des Neiges Wind Farm
NewsApr 1, 2026

Quebec Starts Construction of $2bn Des Neiges Wind Farm

Quebec has broken ground on the Des Neiges wind farm, a C$3 bn ($2.1 bn) joint venture between Hydro‑Québec, Boralex and Énergir Développement. The first two phases will install 114 turbines, delivering 800 MW—enough for roughly 140,000 homes—and are slated for completion in 2027...

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Georgia Power Breaks Ground on Wadley Battery Storage System
NewsApr 1, 2026

Georgia Power Breaks Ground on Wadley Battery Storage System

Georgia Power has begun construction of a 260 MW battery energy storage system (BESS) in Jefferson County, Georgia, adjacent to an existing solar site and near key transmission lines. Approved by the Georgia Public Service Commission and built by Burns & McDonnell,...

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Advantage Capital Closes $158m Investment in Medway Grid Project
NewsApr 1, 2026

Advantage Capital Closes $158m Investment in Medway Grid Project

Advantage Capital has completed a $158 million tax‑equity investment in the 250 MW Medway Grid Energy Battery Storage project in Massachusetts. The development, led by Vitol’s VC Renewables team, leverages federal Investment Tax Credits to finance the large‑scale battery system. Designed as...

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European Energy Sells 470MW Jonava Project to Energix
NewsApr 1, 2026

European Energy Sells 470MW Jonava Project to Energix

European Energy has completed the sale of its 470 MW Jonava hybrid renewable project in Lithuania to Energix – Renewable Energies. The development combines 140 MW of onshore wind, 330 MWp of solar PV and 320 MWh of battery storage, with construction set to...

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New Episode: What’s Next for Australia’s Iron Ore Sector?
NewsMar 31, 2026

New Episode: What’s Next for Australia’s Iron Ore Sector?

GlobalData’s 2035 outlook predicts Australia’s iron‑ore output will climb modestly to about 1.1 billion tonnes, signaling a shift from rapid expansion to asset replacement. Aging Pilbara mines and tighter margins are prompting producers to focus on higher‑grade ore as steelmakers pursue...

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Capital Dynamics, Solo Renewables Partner on $132m LDES System
NewsMar 31, 2026

Capital Dynamics, Solo Renewables Partner on $132m LDES System

Capital Dynamics and Solo Renewables have formed a joint venture to build a £100 million ($132 million) long‑duration energy storage (LDES) system in Islandmagee, Northern Ireland. The 150 MW facility will store up to 1,200 MWh—enough to power roughly 36,000 homes with an eight‑hour...

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Saudi Arabia to Fall Short of 130GW Renewables Target by 2030
NewsMar 30, 2026

Saudi Arabia to Fall Short of 130GW Renewables Target by 2030

Saudi Arabia’s Vision 2030 calls for 130 GW of renewable power by 2030, but the country has only installed 13 GW as of 2025 and is projected to reach just 74.2 GW by the deadline. Achieving the target would require adding more than 23 GW...

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Matrix and EDF Optimise 500MW BESS in Scotland
NewsMar 30, 2026

Matrix and EDF Optimise 500MW BESS in Scotland

Matrix Renewables has signed a long‑term battery optimisation agreement with EDF for a 500 MW/1 GWh battery energy storage system under construction in Eccles, Scotland, slated for completion in summer 2027. EDF will operate the asset via its Powershift platform, providing real‑time flexibility...

By Power Technology