The Abu Dhabi Fund for Development has granted AED752mn ($205mn) financing to the Gulf Interconnection Authority to connect the electricity grids of the United Arab Emirates and Saudi Arabia, enhancing regional energy exchange.
EDF and Italy’s Marcegaglia signed a letter of intent for a ten-year nuclear electricity supply contract, covering half of the energy needs for the future industrial site in Fos-sur-Mer starting from 2029.
The British government declines to support the subsea electrical interconnection project valued at £24bn ($33bn) linking Morocco to the UK, citing high financial risks and incompatibilities with its national energy strategy.
The European Investment Bank is providing €1.6bn ($1.73bn) for the first submarine power cable between Spain and France, a 400 km link that will raise exchange capacity to 5 000 MW by 2028.
Nepal, through the Indian grid, has started delivering its first megawatts to Bangladesh, officially becoming an energy exporter during the monsoon season, in line with a recent tripartite agreement signed with its neighbors.
A World Bank funding package targets electricity grid expansion and road rehabilitation in Gambia, with expected impact on 100,000 residents in remote areas.
RTE is preparing to host a major submarine cable factory in France, aimed at offshore wind interconnections, an industrial project estimated at 10 billion euros, pending future national energy planning.
IPTO finalises a 1,000 MW strategic project linking Crete to the mainland, with commissioning expected by the end of May according to the latest statements from the transmission operator.
The Victorian Minister for Planning has approved the environmental compliance of the Marinus Link project, enabling the next stage of federal authorisations and further preparatory works.
Following the major electrical outage in April, the Spanish and Portuguese governments are urging the European Commission to expedite infrastructure development for electrical interconnections between the Iberian Peninsula and the broader European grid, currently considered insufficient.
A report identifies 30 GW of solar and wind potential along Southeast Asia’s interconnection corridors, highlighting the challenges tied to regional electricity infrastructure.
The Gregy-Elica submarine interconnection aims to deliver green electricity from Egypt to Greece, with confirmed support from the European Union and strengthened bilateral commitments.
