Iberdrola-led group bids to build 3GW power line in Chile

If successful, the 1,500km electricity line will require more than $2.5bn of investment

SP Energy Networks completes £30m grid upgrade

The work, which took place over the last two years, is part of SPEN’s modernisation programme to future-proof the electricity network and increase resilience of supply in the area

Polish firm lent €46m to upgrade district heating networks

They will be made more efficient and help deliver energy savings in two cities

SP Energy Networks paves the way for waste plastic roads

The plastic will replace part of the bitumen – the sticky, black liquid that is traditionally used to make asphalt

Glasgow powers towards 2023 grid upgrades

The first phase of a £100 million investment project to upgrade Glasgow’s electricity supply is on track to be completed by 2023. That’s according to SP Energy Networks (SPEN), the firm which owns and maintains Central and Southern Scotland’s power grid. Around £10 million has been spent this year alone and a further £12 million […]

Iraq awards $25m power substation contract

Iraq has handed out a $25 million (£15m) contract to design and build 16 mobile electricity substations. Iraq’s General Directorate for Transmission in the Upper Euphrates region placed the order with electrical services firm CG. They are for temporary grid connections and power supplies to be supplied by September 2015, said CG. Laurent Demortier, CEO […]

Mayor: London needs £210m for electricity substations

London electricity substations need revamping to the tune of £210 million, according to the Mayor Boris Johnson. Declaring a “real wake-up call”about the needs of the capital yesterday he said its population is forecast to rise 37% to more than 11 million people over the next half a century. Launching a London Infrastructure Plan 2050, […]

$40m to improve electricity access in Armenia

The World Bank has approved an additional loan worth $40 million (£23.3m) for a project that aims to improve access to electricity in Armenia. It will cover the cost of the rehabilitation of three substations for the nation’s power transmission network. The average age of Armenia’s power transmission assets is around 45 years and most […]

Ukraine bags €20m for efficient district heating networks

A London-based bank is providing a loan worth €20 million (£16.6m) to improve the efficiency of district heating systems in Ukraine. The upgrades are expected to reduce carbon emissions, cut operating costs and reduce gas and electricity usage. District heating systems currently account for 20% of Ukraine’s carbon emissions and use almost 44% of its […]

Spain gets €475m for power grid upgrade

The European Investment Bank (EIB) has granted a loan worth €475 million (£410.9m) for Spain to upgrade its power grid. The cash will support utility firm Gas Natural Fenosa’s four-year programme of investment in upgrading and expanding the overhead distribution network, laying underground cables and building substations – expected to help improve the safety and […]