Endesa reports 30% increase in net profit to $1.2bn in H1 2025
Spanish multinational electricity company Endesa recorded a consolidated net profit of €1.041bn ($1.21bn) during the first half (H1) of 2025 …
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DTE Energy to supply 3GW electricity to Big Tech data centres
Detroit-based utility DTE Energy is in discussions to deliver more than 3GW of electricity to support the expansion of Big …
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Renewable power systems can match fossil fuel-based power systems’ costs: report
The Energy Transitions Commission (ETC) has published a new report indicating that global power systems reliant on wind and solar energy …
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APG commits $650m to Octopus renewable energy platform
Dutch pension fund investor APG Asset Management has committed more than A$1bn (around $650m) to Octopus Australia's renewable energy platform, …
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Nuclear energy collaboration expands with ENEC-Hyundai MoU
Emirates Nuclear Energy Company (ENEC) has partnered with Hyundai Engineering & Construction (Hyundai E&C) to explore international nuclear energy opportunities. The …
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Savion and Ares joint venture to manage 496MW US solar projects
Ares Management (Ares) has announced the establishment of a joint venture (JV) named Tango in collaboration with Savion Equity, a …
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Prysmian, Terna sign $449m deal to enhance Italian grid
Prysmian Group, a company specialising in energy and telecom cable systems, has secured a framework agreement with Terna, Italy's transmission …
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Hitachi secures $700m contract from E.ON to strengthen grid infrastructure in Germany
Hitachi Energy has secured a contract worth up to $700m (SFr563.85m) with network operator E.ON to supply transformers for Germany’s …
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Portugal to invest $466m to enhance grid management, post blackout
Portugal has announced plans to invest up to €400m ($466m) to strengthen its electricity grid and increase battery storage capacity, …
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Wipro secures smart meter data system contract with Saudi company
AI-powered technology services and consulting company Wipro has secured a multi-year contract with the Saudi Electric Company – National Grid …
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10 cutting-edge innovations redefining energy storage solutions
As the global energy transition accelerates, the need for reliable, scalable and cost-effective energy storage solutions has never been greater. Stationary …
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SUNOTEC and Sungrow to deploy 2.4GWh BESS across Europe
SUNOTEC has signed an agreement with Sungrow to deploy 2.4 gigawatt hours (GWh) of battery energy storage systems (BESS) across …
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Renalfa receives €315m to boost renewable energy in Europe
Independent power producer (IPP) Renalfa has obtained €315m ($369.8m) from a consortium led by the European Bank for Reconstruction and …
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NRC approves Holtec’s Palisades nuclear plant restart
The US Nuclear Regulatory Commission (NRC) has officially granted Holtec International's request to revert the Palisades nuclear plant from decommissioning …
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Energy Dome partners Google to deploy carbon-free energy
Energy Dome has formed a global commercial partnership with Google that will leverage Energy Dome's CO₂ battery technology to provide carbon-free …
