Companies
Asia
Uzbekistan Secures ADB Loan for Power Grid Modernisation
The Asian Development Bank (ADB) and Uzbekistan have signed a $200 million loan agreement to modernise the country’s electricity distribution networks. The funding will support power grid modernisation, reduce electricity losses and improve supply reliability amid rising demand. The...
Asia
HD Construction Equipment Expands Power Generation Engines
HD Construction Equipment is expanding its engine portfolio to address rising electricity demand from artificial intelligence (AI) data centers, with a new 3-megawatt (MW) diesel engine scheduled to enter mass production in 2028.
The company recently held a start-up ceremony...
Companies
DeepOcean and TFKable Group to Form Joint Venture for Offshore Wind Inter-Array Cable EPCI Services
DeepOcean and the controlling entity of TFKable Group — comprising Tele-Fonika Kable, JDR Cable Systems, and their affiliated and associated entities — have agreed to establish a joint venture focused on integrated engineering, procurement, construction and installation (EPCI) services...
Companies
Google and Fortum Sign Nuclear Power Deal for Finland’s Loviisa Plant
Tech giant Google has signed a long-term Power Purchase Agreement (PPA) with Finnish energy company Fortum, securing up to 50% of the Loviisa nuclear power plant's capacity and providing critical financial certainty for the plant's life extension and power...
America
PG&E Launches SHARE Virtual Power Plant with Google, Tesla, Carrier and Key Partners to Boost Grid Reliability and Affordability
Pacific Gas and Electric Company (PG&E) has announced the launch of SHARE — Smart Home Assets for Reliability and Efficiency — a first-of-its-kind Virtual Power Plant designed to help Bay Area communities benefit from rising electric demand while improving...
Companies
Airtel Madagascar Becomes First in Country to Test SpaceX Direct-to-Cell Technology
Airtel Madagascar has become the first mobile network operator in Madagascar to test SpaceX Direct-to-Cell technology, a development aimed at extending connectivity to underserved and remote areas. During the successful trial on July 11, a standard 4G smartphone connected...
Companies
Holtec and EDF Submit Proposal for Advanced Nuclear Development at Cottam
Holtec International and EDF have formally submitted a proposal to the United Kingdom government to convert a decommissioned coal-fired power station into a modern nuclear energy center. This initiative involves the installation of up to four SMR-300 units at...
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