News

Latest news and developments from across the world

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North America News         Latin America News         Asia-Pacific News

Europe News                       Middle East & Africa News

North America News

EPRI working closely with NYPA on thermal energy storage pilot project 

June 18, 2021
The Electric Power Research Institute (EPRI) is working closely with the New York Power Authority (NYPA) to explore the use of crushed rock thermal energy storage (TES).

FERC, NARUC to establish Joint Federal-State Task Force on transmission, US 

June 17, 2021
The Federal Energy Regulatory Commission (FERC) and the National Association of Regulatory Utility Commissioners (NARUC) recently announced the formation of a joint federal-state task force on electric transmission, which FERC has established through a recent order issued.

US grid operators brace for record heat wave, power demand spikes 

June 17, 2021
US electric grid operators and utilities from the Plains to Pacific Ocean are bracing for record temperatures and spiking power demand amidst a regionwide heat wave forecast to create tight capacity conditions.

MCK becomes strategic partner to Hydro-Québec on transmission project, US 

June 17, 2021
The Mohawk Council of Kahnawà:ke (MCK), governing body for the Kahnawà:ke Mohawk territory in Quebec, recently signed a Memorandum of Understanding (MoU) with Canadian vertically integrated power utility Hydro-Québec on the Hertel─New York Interconnection Project which aims to export renewable energy from Canada to New York City.

Latin America News

Ecuador Transelectric awards USD50 million transmission contracts [free access]

June 15, 2021
Ecuador's state-owned power company, La Empresa Pública Estratégica Corporación Eléctrica del Ecuador (CELEC EP), through its transmission unit Transelectric, has awarded transmission contracts worth USD49.86 million under the Inter-American Development Bank (IaDB)-funded Support for the Advancement of Energy Matrix Change Programme.

Puerto Rico NREP approves USD1.24 billion investment for power projects 

June 10, 2021
Puerto Rico’s energy regulator Negociado de Energía de Puerto Rico (NEPR) has approved a package worth USD1.24 billion for executing short-term power projects in the country, which were submitted by the public power utility Puerto Rico Electric Power Authority’s (PREPA).

Private players propose 164 transmission projects for Chilean 2021 transmission plan 

June 8, 2021
As per a news report, 24 private companies have proposed 164 projects cumulatively valued at USD3.84 billion, for the expansion of Chilean transmission infrastructure.

Paraguayan ANDE presents USD8.9 billion worth Power Master Plan for 2021-40 

June 8, 2021
Recently, Paraguayan Administracion Nacional de Electricidad (ANDE) presented a Master Plan of Transmission, Distribution, Information and Communication Technology for 2021-30, and a Generation Master Plan for 2021-40, involving an aggregate investment of USD8.9 billion in the power sector.

Asia-Pacific News

Indian Adani incorporates new entity for T&D business 

June 18, 2021
India's private transmission company, Adani Transmission Limited (ATL), has incorporated a wholly-owned subsidiary―ATL HVDC Limited (AHL), on June 16, 2021.

Indian Sterlite Power obtains INR5.8 billion funding for 400 kV project [free access]

June 16, 2021
Indian private transmission network developer, Sterlite Power Transmission Limited (SPTL), has received a debt funding of INR5.8 billion from Rural Electrification Corporation Limited (REC), for Udupi Kasargode Transmission Limited (UKTL)—a special purpose vehicle (SPV) set up for the implementation of the 400 kV Udupi–Kasargode project.

Pakistan’s NTDC signs agreements with Siemens for grid upgradation projects 

June 16, 2021
Pakistan’s state-owned high voltage network developer, National Transmission and Despatch Company Limited (NTDC), has recently signed three agreements with Germany’s Siemens Energy, for extension and augmentation works at its 220 kV grid stations in Khyber Pakhtunkhwa (KP), Punjab and Sindh.

Pakistan allocates PKR102.6 billion for power projects under PSDP 2021-22 

June 14, 2021
Pakistan’s government, under its annual Public Sector Development Programme (PSDP) 2021-22, has earmarked a cumulative of PKR102.6 billion for the implementation of various power sector projects.

Europe News

Lithuania’s TSO set to build new transformer substation 

June 17, 2021
The Lithuanian government has approved a plan to develop engineering infrastructure for the country’s transmission system operator (TSO) Litgrid's new transformer substation, Musa, in Joniskis district.

Spain’s TSO REE joins forces with Belgian counterpart for asset management 

June 16, 2021
Spain’s transmission system operator (TSO) Red Eléctrica de España (REE) has signed a collaboration agreement with its Belgian counterpart Elia, to form a pioneering alliance at the European level in the management of assets in its electricity networks.

Switzerland’s Hitachi ABB Power Grids to provide Europe’s largest BESS in Finland 

June 16, 2021
Switzerland’s technology provider Hitachi ABB Power Grids has been awarded a contract to provide Finnish nuclear power company, Teollisuuden Voima (TVO), with one of Europe's largest battery energy storage systems (BESS) on the island of Olkiluoto.

NIB extends loan to unlock renewable energy and strengthen Icelandic grid 

June 14, 2021
The Nordic Investment Bank (NIB) has signed a 10-year loan deal with Iceland’s transmission system operator (TSO) Landsnet to increase transmission capacity, stability and reliability of the system by unlocking renewable power.

Middle East & Africa News

Egypt to soon launch work on HVDC interconnection with Saudi Arabia 

June 16, 2021
Egypt will soon launch work on its high voltage direct current (HVDC) electricity interconnection project with Saudi Arabia.

World Bank approves USD465 million regional electricity access and battery storage project in West Africa 

June 16, 2021
Recently, the World Bank has approved financing worth USD465 million for executing the Regional Electricity Access and Battery-Energy Storage Technologies (BEST) Project for the member countries of the Economic Community of West African States (ECOWAS).

Saudi’s SEC receives lowest bid from CEPCO for 132 kV cable project 

June 15, 2021
Recently, Saudi Electricity Company (SEC) has received the lowest bid of SAR89 million from local CEPCO for the installation of 132 kV cables for the King Salman Park in Riyadh.

Zanzibar gets approval for USD142 million ZESTA Project [free access]

June 15, 2021
The World Bank has approved USD142 million of funding for the implementation of the Zanzibar Energy Sector Access and Transformation (ZESTA) Project, which aims to modernise Zanzibar's electricity network and integrate the upcoming renewable energy (RE) installations into the grid.