The Danish solar company Nordic Solar A/S has secured a USD 36.7 million non-recourse loan from Swedbank to finance its 100-MWp Moletai photovoltaic (PV) farm in Lithuania. Located in the Moletai region, approximately 60 km from Vilnius, this solar park is the largest in Lithuania and utilizes
Neoenergia, a significant player in the Brazilian energy sector and part of the Iberdrola group, has made notable advancements in grid automation and reliability. Operating across São Paulo and Mato Grosso do Sul, Neoenergia's initiatives now cover 70% of these regions with advanced grid automation
Australia is vigorously advancing its renewable energy initiatives, leveraging the potent combination of cutting-edge IT and AI technologies. This ambitious shift aims to establish a resilient and efficient energy landscape. The integration of Operational Technology (OT) and Information Technology
Romanian hydropower company Hidroelectrica, listed on the Bucharest Stock Exchange as ##O, has re-opened the tender for the refurbishment and upgrade of its Bradisor Hydropower Plant. Initially, the refurbishment project, budgeted at about EUR 75 million, failed to attract any bids, prompting
The Biden-Harris administration’s proposed Clean Power Plan 2.0 aims to significantly reduce emissions from the nation's power plants. While the intention is to mitigate climate change and promote cleaner energy, experts warn that these regulations could inadvertently compromise the stability of
SK Group, South Korea's second-largest business conglomerate, is on a mission to pioneer technological innovation by extensively adopting artificial intelligence (AI). In a recent town hall at the Icheon Forum, Chairman Chey Tae-won emphasized the critical role AI would play in ensuring the
