#projects

Hitachi Energy India Ltd reported an order backlog of Rs. 7,578.9 crore ($910 million), as of September 30, 2023, which is the company’s highest-ever.

Germany, Schleswig-Holstein: TenneT recently awarded contracts for the installation of 525 kV HVDC cable systems in 10 projects.

GE Renewable Energy’s Grid Solutions has won five contracts for Flexible AC Transmission Systems (FACTS) that will help increase power transfer capability.

USA, California: The California Independent System Operator has issued a draft transmission plan that identifies 46 transmission projects costing around $9.3 B.

The Egyptian Electricity Transmission Company (EETC) has signed a $3.9 M deal with Siemens to equip El-Alamein Electrical Conversion Plant with transformers.

USA, New York: The New York State Public Service Commission has authorised the development of 62 local transmission upgrades to integrate more renewable energy.

India, New Delhi: Tata Power and Enel Group have partnered to implement two pilot projects involving automation and smart metering

After inaugurating 17 new substations in 2022, DEWA has announced efficiency improvements in power processes.

New England states plan to secure federal funding to invest in upgrading power transmission infrastructure in the region.

German energy utility RWE has expanded its business activities in Spain with the commissioning of its Casa Valdes solar farm near Madrid.

Torrent Power Ltd is in talks to buy clean power projects totalling 1.1 GW from ReNew Energy Global Plc at an enterprise value of around $1.2 B.

Ofgem has published its decision on accelerated onshore electricity transmission investment.

The US Department of Energy has opened the first round of applications for $13 B in competitive funding for power grid projects.

Power stakeholders are expecting improvement in electricity transmission and distribution with $250 M funding intervention of the Central Bank of Nigeria.

GE has announced it has been awarded one of several projects supported by the US Department of Energy (DOE) to develop new grid resilient technologies.

France, Paris: Over the past three months, three offshore electrical platforms with GE Grid Solutions’ technology have successfully sailed out.

India: With a view to offering technology-based solutions, PTC India Ltd has announced the signing of MoUs with five technology and knowledge-based companies.

Ghana, Accra: The Ghana Grid Company Limited (GRIDCo) says it will need $990.53 M to build a robust transmission system.

According to a recent study by Global Market Insights Inc., the digital substation market is expected to record $10.5 B revenue by 2028.

Canada, Ontario: The Ontario government has announced five new electricity transmission infrastructure projects in southwestern Ontario.

USA, Missouri: Soon, 24 km (15 mi) of transmission line and substations will be added to southeast Missouri.

India, New Delhi: Adani Transmission Ltd (ATL) has announced the acquisition of a renewable energy evacuation system worth $160 M (Rs 1200 crore).

Egypt: Saudi Arabia’s Acwa Power has been selected to develop 1.1 GW of wind power in Egypt, the developer revealed in its first quarterly results.

France, Paris: GE Renewable Energy’s Grid Solutions business offers unique, innovative, and industry-leading technologies for tackling increasing energy demand.

South Africa, Johannesburg: Managing the largest capacity expansion project in Africa, South African state-owned utility, Eskom, has invested around $831 million (R12 billion) in transmission infrastructure and strengthening projects since 2014.

USA, Minnesota: Minnesota Midcontinent Independent System Operator’s (MISO) has unveiled its 2016 Transmission Expansion Plan (MTEP), recommending 394 projects totalling $2.8 billion.

India: Tata Power and ICICI Venture have launched a new platform company to invest in Indian power projects over the next two-three years.

Turkey: The European Bank for Reconstruction and Development (EBRD) has extended a $110 million loan to help fund development of renewable energy projects in Turkey.