Viaro Energy has signed a sales and purchase agreement (SPA) to acquire the complete portfolio of integrated transition energy firm Evoterra.

ABB has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa.

Excelsior Energy Capital has entered a 7.5GWh agreement with LG Energy Solution Vertech to support expanding US clean energy projects.

Hanwha Qcells has secured a $1.45bn loan from the US government to fund a comprehensive solar supply chain facility in Cartersville, Georgia.

GE Vernova's Advanced Research Center has delivered a 3.4MW-140m wind turbine to the National Renewable Energy Laboratory (NREL).

The Nuclear Company has issued a solicitation of interest to contractors in support of its ambitious 6GW nuclear power project across the US.

Afreximbank has signed a financing agreement for a renewable energy project in the Democratic Republic of Congo (DRC).

The top power companies of 2024 have pushed boundaries in renewables, energy storage and grid modernisation throughout the year.

Ørsted has divested a 50% equity stake in three US onshore solar and battery projects to Energy Capital Partners (ECP), an investor in energy transition, for $572m.

Vestas has secured new contracts totalling 225MW for wind turbine projects in the US, Germany and New Zealand.

Switch has selected nuclear technology company Oklo to deploy 12GW of Oklo Aurora powerhouse projects by 2044.

The 10 biggest deals in the power sector in 2024, driven by the global energy transition, ranged from $159m to $1.5bn in value.