The Australian federal and New South Wales state governments will spend $5.2 B (A$7.8 B) on new electricity transmission to support more renewable power.
As it plans to nearly triple its clean-power capacity by 2030, India revealed a $29.6 B plan to develop transmission lines to connect renewable generation.
Tanzania, Arusha: Tanelec Limited decides to invest into manufacturing of transformers, switchgear, and metering units in the East and Central Africa region.
Croatia, Zagreb: Croatian transmission system operator (HOPS) announced an investment of $213 M in power grid revitalization and construction by mid-2026.
UAE, Dubai: During the first half of 2022, Dubai Electricity and Water Authority (DEWA) commissioned a new 400/132 kV substation and ten 132/11 kV substations.
Australia: Apex Group Ltd., a financial services provider, has been appointed by Octopus Investments Australia for services focused on renewables investment.
USA, North Carolina, Raleigh: Hitachi Energy has announced plans to invest over $10 M in its distribution transformer facility in Jefferson City, Missouri.
UAE, Dubai: Dubai Electricity & Water Authority (Dewa) is to invest upwards of $1.9 B (AED 7 B) on implementing its updated Smart Grid Strategy for 2021-2035.
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