Business

Timișoara_shutterstock_2478647561

August 14, 2026

Azur substation upgraded in Timișoara

Rețele Electrice România invested more than $2.6 M (RON 12 M) to modernise the 110 kV Azur substation and expand its medium-voltage capacity

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August 13, 2026

LAJE wins $13 M grid contract

The project will rebuild 66/132 kV lines serving the new Gulliåsen transformer station and add regional grid capacity

offshore turbine_shutterstock_2465461681

August 13, 2026

Hai Long secures $1.7 B financing

Eleven banks have joined the offshore wind project’s financing structure for the first time, lifting the number of supporting financial institutions to 35.

New York_shutterstock_2501497867

August 13, 2026

ConEd plans 28 substations by 2035

The utility has increased its planned substation buildout from 22 to 28 as part of a $37.2 B distribution network investment programme

monsoon_Saikat Paul_shutterstock_2268528383

August 10, 2026

Monsoon knocks out 255 transformers

Heavy rain has also blocked 124 roads across Himachal Pradesh, with Mandi accounting for most of the power distribution outages.

Siemens Energy_T. Schneider_shutterstock_2793658731

August 7, 2026

Siemens Energy orders reach $20.6 B

Grid Technologies records strong order growth as Siemens Energy’s backlog rises to $186 B (€162 B) amid continued electricity infrastructure demand

gas-fired plant_Shutterstock_1074624536

August 7, 2026

Duke Energy plans $10 B equity raise

Utility targets 15 GW of new generation by 2031 as data centre demand grows, with gas and battery storage central to its $103 B plan