Electricity exports

The European hydrogen interconnection project H2med reaches a key milestone with the technical validation of the BarMar route between Barcelona and Marseille, confirming the viability of the subsea corridor for expected operation in 2032.
Vattenfall has signed an agreement to sell its Independent Distribution Network Operator in the UK to Eclipse Power, a subsidiary of Octopus Sky Fund, marking a strategic refocus of its energy investments.

Shanghai Electric and Siemens strengthen alliance in smart power grid equipment

Shanghai Electric signed a framework agreement with Siemens to develop medium- and low-voltage equipment, aiming to modernise China’s power grids and support national decarbonisation targets.
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Germany allocates a €7.6bn ($8.14bn) ceiling to acquire a minority interest in TenneT Germany, bolstering control over strategic grid infrastructure without a full buyout of the Dutch-owned subsidiary.
Naturgy secures major financing from the European Investment Bank to modernise Panama’s power infrastructure, in a strategic project supporting grid reliability and regional integration.

World Bank invests $430mn to support Tunisia’s energy interconnection

A $430mn funding package will be allocated by the World Bank to Tunisia to modernise its electrical grid and strengthen its integration with renewable capacity, aiming to attract $2.8bn in private investments.
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German grid operator 50Hertz commits to nearly 30 GW of new connection capacity by 2029, amid network saturation and calls for reforming access procedures.
Thailand’s pending approval of transmission fees is holding back progress on an energy project linking Laos to Singapore via Malaysia, amid political uncertainty.

Jordan confirms its ability to supply Lebanon with energy via interconnections

Amman says it is ready to provide electricity and natural gas to Lebanon using its already operational infrastructure, pending the completion of regional procedures.
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Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.
The Egyptian government and UAE-based K&K have signed an agreement to finalise studies for an electricity interconnection project linking Egypt to Europe via Italy.

AEP secures $1.6bn to modernise 8,000 km of interstate power lines

AEP Transmission will finance the upgrade of high-voltage lines across five states through a federal loan, aiming to meet a sharp rise in industrial electricity demand.
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Israeli company Prisma Photonics has raised $30mn in a funding round led by Protego Ventures to develop its artificial intelligence-based detection system for power grids and critical infrastructure.
A report estimates $2.3 billion in avoidable economic losses by 2040 if Southeast Asia strengthens its electricity infrastructure through smart grids.

Bahamas fast-tracks $130mn power grid upgrade to boost reliability on New Providence

The New Providence power grid modernisation project is progressing 28% faster than expected, with Bahamas Grid Company reporting measurable gains in service quality and network reliability.
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The Seine-Maritime prefecture denies Aquind access to public maritime domain, halting a €1.4bn ($1.47bn) Franco-British power interconnection project.
A €12mn technical grant will support STEG in supervising ELMED, the first submarine power cable between Tunisia and Italy, a strategic project co-developed with Italy’s TERNA and valued at €921mn.

April blackout in Spain and Portugal caused by unprecedented power surge

The blackout that hit the Iberian Peninsula in April originated from a series of unprecedented surges. The European report points to a sequence of technical failures but does not yet identify a primary cause.
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The 600MW submarine interconnection between Tunisia and Italy enters its construction phase, marking a logistical and financial milestone for the Euro-Mediterranean electricity market.
Ukrenergo plans to raise electricity transmission tariffs by 20% in 2026 to cover technical costs and obligations tied to international loans.
Between the Russian cooperation proposal and European cybersecurity requirements, Morocco must secure its energy infrastructure while consolidating its electricity exports to Spain.
Ottawa funds five projects aimed at strengthening Ontario’s grid interconnection and reliability, integrating smart technologies and expanding local producers’ access to electricity markets.

JCP&L invests $15.4M in modernising Hunterdon County’s electric grid

Jersey Central Power & Light is investing in a programme to strengthen power lines and electrical equipment to improve service reliability for more than 3,600 customers in eight New Jersey communities.
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Driven by rising demand for energy resilience, the global microgrid market is projected to grow by 15.6% annually between 2025 and 2032, according to SkyQuest Technology Consulting.
Taihan strengthens its presence in Singapore with a fifth consecutive contract for a 400 kV underground network, as part of a power interconnection project with Indonesia.

Australia: Marinus Link receives federal approval for a 1,500 MW submarine cable

The 1,500 MW Marinus Link project has received federal environmental approval, launching a major new submarine interconnector between Tasmania and Victoria.
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Indiana Michigan Power and Google sign a contract to establish flexible management of electricity demand, aiming to support network stability amid industrial and digital growth in the Fort Wayne region.
XKIG expands its presence in the US energy infrastructure market by integrating River City Construction, a specialist in construction and maintenance for power grids, telecommunications and renewable energy.

CenterPoint Energy launches $53 billion plan to strengthen Houston’s grid and interconnection

CenterPoint Energy plans to hire nearly 800 specialised technicians and launch a training programme to support more than $53 billion in investments in the Greater Houston area’s electric interconnection network by 2030.
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The agreement concluded between the National Energy System Operator (NESO) and ENTSO-E marks a new stage in the coordinated management of the electricity interconnection between the United Kingdom and the European Union, integrating shared regulatory and security axes.
The green light has been given for the final stretch of the SuedOstLink between Pfreimd and Nittenau, allowing the entire direct current line project to move forward to its scheduled commissioning in 2027.

The Department of Energy withdraws a $4.9bn guarantee for Grain Belt Express

The Department of Energy cancels the $4.9bn federal guarantee intended for Grain Belt Express, an electrical interconnection planned between Kansas and Missouri.
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The first section of the export cable for the East Anglia Three offshore wind farm has been installed, marking a key milestone in the interconnection project between the offshore site and the UK's onshore grid.
Taiwan Power Company unveils unprecedented real-time grid inertia measurement results, confirming increased capacity of the electricity network to accommodate enhanced renewable interconnections, using Reactive Technologies’ GridMetrix® platform.

Cox secures $64mn contract to interconnect Paraguay’s electricity grid

Spanish company Cox has signed a $64mn contract for the design and construction of 500 kilometres of high-voltage transmission lines in Paraguay's Chaco region, in collaboration with local firm L.T. S.A.
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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.

UK refuses to finance subsea electrical link with Morocco

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.
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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.