Trading News

  1. 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.

  2. 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.

  3. 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”).

  4. 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.

  5. Nexans Awarded Contract For First Transmission Link From Orkney Islands In Scotland 9/16/2024

    Nexans, a global leader in the design and manufacturing of cabling systems and services, has signed the contract for the Orkney Link by SSEN Transmission following the capacity reservation agreement signed in November 2023. 

  6. Scatec Signs PPA For 1 GW Solar And 100 MW/200 MWh Battery Storage Project In Egypt 9/12/2024

    Scatec ASA has signed a USD denominated 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid project in Egypt, the first of its kind in the country.

  7. RWE Marks Major Milestone With Installation Of HVDC Offshore Converter Platform For Sofia Offshore Wind Farm 8/29/2024

    RWE, one of the world’s leading companies in offshore wind, has achieved a major milestone in the delivery of its flagship Sofia Offshore Wind Farm with the successful installation of the Offshore Converter Platform (OCP) which converts high voltage alternating current (AC) to high voltage direct current (DC) This critical infrastructure sits at the heart of the wind farm and is RWE’s first offshore deployment of High Voltage Direct Current (HVDC) technology.

  8. Remee Wire & Cable Announces An Expanded Line Of PowerPipe™ Distribution Cables 8/28/2024

    Remee Wire & Cable, a leading manufacturer of electronic wire and cable, announced the expansion of their PowerPipe™ cables with the addition of a series of new copper multipair cables rated CL4Z for OSP (outside plant), direct burial, and wet location applications

  9. Algoma Steel Applauds Approval Of New 230kV Transmission Line In Sault Ste. Marie, Supporting Regional Growth And Green Steel Transition 8/28/2024

    Algoma Steel Group Inc. (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today congratulates PUC (Transmission) LP (“PUC Transmission”) and Hydro One Sault Ste.

  10. Bangladesh Power Development Board And ib Vogt Sign Agreement For 50 Mwac Solar Power 8/1/2024

    During a signing ceremony in Dhaka, the Power Division under the Ministry of Power, Energy and Mineral Resources, the Bangladesh Power Development Board (BPDP) and Power Grid Bangladesh PLC have signed a Power Purchase Agreement (PPA) and Implementation Agreement (AI) for a 50 MWac solar PV plant with Sonagazi Solar Power Limited, sponsored by ib vogt.