All articles by Aninda Chakraborty
Aninda Chakraborty
RWE sees Q1 2025 earnings drop, cites trading and wind challenges
For the entire fiscal year 2025, RWE anticipates adjusted EBITDA to range between €4.55bn and €5.15bn, with adjusted net income expected to be between €1.3bn and €1.8bn.
Masdar, Samruk-Kazyna partner for renewable projects in Kazakhstan
Masdar’s has already partnered with W Solar and Qazaq Green Power, a Samruk-Kazyna Group company, to advance a 1GW wind project in Kazakhstan
OPG secures approval to build first small modular reactor in Canada
The construction of four SMRs at the Darlington site is anticipated to create up to 18,000 jobs in Canada and inject an average of $500m into Ontario’s economy annually
Ørsted halts Hornsea 4 wind project in UK amid rising costs and risks
The decision to halt further investment and terminate existing supply chain contracts means Ørsted will not pursue the Hornsea 4 project under the terms of the CfD awarded in AR6
Czech court halts CEZ-KHNP $18bn nuclear plant deal following EDF complaint
The Brno Regional Court’s ruling halts the signing of the contract, which was scheduled for Wednesday, until it addresses EDF’s complaint regarding the Czech competition regulator, UOHS
Trump administration sued for halting wind energy permits
The attorneys general argue that the freeze is detrimental to states’ abilities to provide reliable and affordable electricity, meet rising energy demands, and reduce fossil fuel pollution
Reliance Power to invest $1.19bn in solar and BESS project after PPA with SECI
Under the PPA, Reliance NU Suntech will supply 930MW of solar power integrated with a 465MW/ 1,860MWh BESS at a fixed tariff of INR3.53 per kWh
Ørsted sells 24.5% stake in West of Duddon Sands wind farm for £456.1m
The West of Duddon Sands Offshore Wind Farm, operational since 2014, is situated about 14km off the west coast of the UK and boasts a capacity of 389MW.
Czech Republic to take majority stake in $18bn nuclear expansion at Dukovany
The Czech government’s decision resolves a key financial obstacle and paves the way for finalising a construction contract with South Korea’s Korea Hydro & Nuclear Power (KHNP)
Stonepeak to buy 46.3% stake in Repsol’s US solar and storage assets for $340m
The portfolio includes the 632MW Frye solar project in Swisher County, Texas, and the Jicarilla complex in Rio Arriba County, New Mexico with a solar capacity of 125MW and a battery storage capacity of 20 MW/80 MWh