NKT Wins Preferred Bidder Role on EGL3
Wedoany.com Report-Sept. 16, NKT has been selected as the preferred bidder to deliver the 525 kV high-voltage direct current (HVDC) power cable system for the Eastern Green Link 3 (EGL3) interconnecto...
Torus Secures $200M From Magnetar to Boost Modular Power Plant Deployments
Wedoany.com Report-Sept. 11, Torus, a U.S.-based provider of full-stack energy platforms, announced that it has secured a $200 million investment from Magnetar to accelerate the deployment of its modu...
RWE and Apollo Establish JV to Support Grid Upgrades in Germany
Wedoany.com Report-Sept. 10, RWE has entered into a joint venture (JV) with Apollo Global Management to finance its 25.1% shareholding in German transmission system operator Amprion. The agreement, an...
RWE, Apollo Global Management Forming Joint Venture to Invest €3.2 Billion in German TSO
Wedoany.com Report-Sept. 9, RWE and Apollo Global Management have signed an agreement under which Apollo will acquire an equity stake in a new joint venture that will hold RWE’s existing 25.1% share...
EDF Enters €1BN Loan Deal With Eib to Enhance French Electricity Grid
Wedoany.com Report-Sept. 9, French utility EDF, which manages about 95% of the country’s electricity distribution through its subsidiary Enedis, has secured a €1 billion ($1.17 billion) loan from ...
Siemens Energy Invests €220M in Transformer Factory
Wedoany.com Report-Sept. 8, Siemens Energy has announced an investment of around €220 million to expand its transformer factory in Nuremberg, Germany, adding 350 new jobs. The foundation stone for t...
NKT Secures HV DC Cable Contract to Connect Bornholm Energy Island
Wedoany.com Report-Sept. 5, NKT has signed a contract with Danish transmission system operator Energinet to supply a high-voltage direct-current (HVDC) cable system for the Bornholm Energy Island proj...
Hitachi to Invest $1 Billion to Produce Power Grid Components in US
Wedoany.com Report-Sept. 5, Hitachi Energy, a subsidiary of Japan’s Hitachi Ltd, announced on Thursday that it will invest $1 billion to expand its U.S. power grid infrastructure manufacturing. ...
Sungrow Debuts 2.5 KW Microinverter
Wedoany.com Report-Sept. 4, Chinese inverter and energy storage provider Sungrow unveiled its latest microinverter, the S2500S-L, last week at Intersolar South America 2025 in São Paulo, Brazil...
ACWA Power, SEC and KEPCO Close On 3.6GW Saudi Power Projects
Wedoany.com Report-Aug. 31, ACWA Power, in collaboration with the Saudi Electricity Company (SEC) and Korea Electric Power Corporation (KEPCO), announced the financial closure of two independent power...