Trading News

1. GE Vernova Secures Contract From Powerlink To Supply Essential Grid Equipment In Australia 11/26/2024

   GE Vernova Inc. today announced it has secured a contract from Powerlink, Queensland’s state-owned transmission utility, to supply essential equipment for their upcoming Capital Work program. Under this agreement, GE Vernova will deliver 69 Dead Tank Circuit Breakers (DTCBs) rated 245 kV and above, supporting Queensland’s renewable energy targets and enhancing power infrastructure resilience.

2. TotalEnergies Signs A Renewable Electricity Supply Agreement With Saint-Gobain 11/8/2024

   TotalEnergies has signed with Saint-Gobain a Power Purchase Agreement (PPA), under which TotalEnergies will supply renewable electricity to Saint-Gobain’s French facilities. It will take effect from January 2026 for a total volume of 875 GWh over a period of five years.

3. Sinopec's First Geothermal Power Production Pilot Project Connects To Grid 11/5/2024

   Sinopec Star Co., Ltd., a clean energy subsidiary of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), has received  the grid access permit for its medium and deep geothermal power generation pilot project (the "Project") in Xianyang, Shaanxi Province, which is officially connected to the grid to produce power.

4. Cellnex And Elawan Energy Sign A PPA For The Supply Of Renewable Energy 10/30/2024

   Cellnex, Europe’s largest telecommunications towers and infrastructures operator, and Elawan Energy, a renewable energy developer, have signed a Power Purchase Agreement (PPA) for the supply of renewable electricity, strengthening the telecommunications operator’s commitment to 100% renewable electricity consumption by 2025, in line with its Energy Transition Plan, included in the 2021-2025 ESG Master Plan.

5. OX2 Acquires First Onshore Wind Power Project In Australia With Planned Capacity Of 1 GW 10/14/2024

   OX2 has acquired its first onshore wind power project in Australia. The project, which is in an early stage, has a planned total installed capacity of up to 1 GW. The project will also include a battery energy storage system.

6. Murata Launches New Silicon Capacitor Production Line 10/11/2024

   Murata Manufacturing Ltd (hereinafter “Murata”), a leading manufacturer of electronic components, modules, and devices, has broadened the scope of its Integrated Passive Solutions offering by opening a new production line at its site in Caen, France.

7. BASF Signs A Power Purchase Agreement With CLP And Envision Energy, To Accelerate Renewable Electricity Supply Among Its Three Manufacturing Sites In Jiangsu Province 10/10/2024

   BASF today signs a 10-year power purchase agreement with CLP China (CLP) and Envision Energy under the renewable energy trading rules in Jiangsu province, to purchase renewable energy for its Nanjing site, Rudong site, and Zhenjiang site in Jiangsu province.

8. RWE Starts Construction Of Battery Storage Projects With A Combined Capacity Of 450 MW In The U.S. 10/2/2024

   RWE, a leading renewable energy company, continues to grow its green energy portfolio in the U.S. at a record pace. The company broke ground on three battery energy storage systems (BESS) in Texas, bringing RWE’s total battery storage projects under construction to 931 megawatts across California, Texas and Arizona.

9. GE Vernova Signs Agreement To Supply 51.3 MW Of Wind Power To Powerica Limited In Gujarat, India 9/27/2024

   Powerica Limited, a prominent player in both the Independent Power Producer (IPP) and Engineering Procurement and Construction (EPC) segments of the wind industry with a pan-India wind energy portfolio of 280 MW, has selected to install 19 GE Vernova 2.7 MW -132 wind turbine generators (WTGs) at its 51.3 MW project at Devbhumi Dwarka, Gujarat (“Project”).

10. Peterhead Groundbreaking Marks Start Of Construction On The UK's Biggest Ever Electricity Transmission Project 9/26/2024

    A milestone in the step towards decarbonising national energy infrastructure, representatives from SSEN Transmission and National Grid Electricity Transmission (NGET), who will deliver the project as a joint venture, took the first ceremonial spadefuls of earth marking the start of main construction, at events held in Peterhead in Aberdeenshire and Drax in North Yorkshire.