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Power & Utilities
Power & Utilities

SP Energy Networks initiates £12 billion T3 infrastructure program to modernize Scotland’s electricity grid

A major infrastructure initiative in Scotland has commenced, involving a £12 billion investment to upgrade regional electricity networks over the next five years. The T3 program aims to bolster energy security and increase grid capacity through extensive substation construction and line replacements, while generating thousands of regional jobs and supporting the broader transition to electrification.

1 week ago • United Kingdom
Power & Utilities
Power & Utilities

IFC commits $125 million to OCI TerraSus for Sarawak polysilicon facility

The International Finance Corporation has provided a $125 million loan to OCI TerraSus to develop a semiconductor-grade polysilicon manufacturing plant in Bintulu, Sarawak. The facility, powered by renewable energy, will be Southeast Asia's first ultra-high purity polysilicon plant, supporting Malaysia's semiconductor supply chain ambitions.

1 week ago • Malaysia
Power & Utilities
Power & Utilities

TBWES secures Rs.16 billion boiler contract for ultra-supercritical power project in Central India

Thermax subsidiary TBWES has been awarded a Rs.16 billion contract to provide a boiler package for a new 800 MW ultra-supercritical power plant in Central India. The agreement encompasses the manufacturing, delivery, and commissioning of the system, marking a significant win for the company’s heavy engineering division within the domestic energy infrastructure market.

1 week ago • India

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Energy & Power | 2 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

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