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Eemshaven Port chosen for OranjeWind offshore wind project
RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind. Located in the northern Groningen province, Eemshaven will serve as the hub for turbine assembly and construction activities in collaboration with Buss Terminal Eemshaven. Construction at the offshore site is set to begin in early 2026, with turbine components and inter-array cabling to be offloaded, stored, and pre-assembled...
Zimbabwe secures $250m for floating solar project at Kariba Dam
Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam. The project, which will have an initial 250MW capacity, is expected to be completed by mid-2026, with plans to expand to 1GW in phases. Each 250MW phase will cost $250 million. The project is critical as Zimbabwe faces ongoing power shortages exacerbated...
Acadia leads $9bn renewable energy initiative with Microsoft
US-based investor Acadia Infrastructure Capital, along with major companies including Microsoft, has launched a $9 billion initiative to develop renewable energy projects across the United States. The initiative, known as the Climate and Communities Investment Coalition (CCIC), aims to accelerate corporate-led financing for renewable energy projects and is expected to facilitate the development of 5GW of renewable power by 2029. The CCIC will focus on providing tangible benefits to local communities, including affordable clean energy...
Solar Landscape raises $847 million for rooftop solar projects
Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024. This funding will support the deployment of over 200 rooftop solar installations across the country. Additionally, the company has secured contracts for developing solar projects on 40 million square feet of commercial and industrial rooftop space. The financing was raised through partnerships with 10 investors and counterparties, including KeyState Renewables, Silicon Valley Bank, Prologis, and...
NHPC concludes tranche VI auction, awarding 1,200 MW of FDRE projects
NHPC Limited has successfully concluded its tranche VI auction, awarding 1,200 MW of firm and dispatchable renewable energy (FDRE) projects integrated with energy storage systems and connected to the inter-state transmission system (ISTS). The auction also included a greenshoe option of 1,200 MW. Jevargi Solar Power was awarded 150 MW at Rs 4.48 per kWh, while Juniper Green Energy and Avaada Energy secured 200 MW and 600 MW, respectively, at Rs 4.56 per kWh. ACME...
Odisha approves 7 renewable energy projects worth Rs 13.86 billion
The Odisha government has approved seven renewable energy projects with a combined investment of Rs 13.86 billion to enhance the state’s sustainable energy infrastructure. The projects, totaling 192.41 MW in capacity, include a 99 MW wind power project, five ground-mounted solar projects totaling 91.77 MW, and a 1.64 MW rooftop solar project. These initiatives align with the Odisha Renewable Energy Policy 2022, which aims to leverage the state’s natural resources for clean energy generation.
GoI applies for loan from AIIB for Assam transmission project
The Government of India has applied for a USD 186 million loan from the Asian Infrastructure Investment Bank (AIIB) for the Assam Intra-State Transmission System Enhancement Project Phase II. The initiative aims to strengthen Assam’s electricity transmission system by constructing new transmission sub-stations, upgrading existing ones, and installing optical power ground wire (OPGW) in the state.
NTPC plans 20,000 MW transmission project in Andhra Pradesh
NTPC Green Energy Limited has announced plans for a 20,000 MW transmission project in Andhra Pradesh. This project is intended to support NTPC Green’s forthcoming green hydrogen hub, which will be developed across 647.49 hectares at Pudimadaka. The transmission network will connect NTPC’s proposed solar project in Anantapur to the hydrogen hub, establishing a dedicated renewable energy (RE) system to facilitate the growth of green hydrogen production.
Telangana inaugurates Unit 2 of Damaracherla Power Project
The Government of Telangana has inaugurated Unit 2 of the Damaracherla (Yadadri) Power Project. The project, being implemented by Telangana State Power Generation Corporation Limited (TSGENCO), is located at Damaracherla (Yadadri) mandal in Nalgonda district. With an investment of Rs 299.65 billion, the project will feature five units, each with a capacity of 800 MW.
CVPP begins dam concrete works on Kwar Hydro Electric Project
Chenab Valley Power Projects Private Limited (CVPP) has initiated dam concrete works for the Kwar Hydro Electric Project. The project, a run-of-river (RoR) scheme, is located across the Chenab River near Padyarna village in the Kishtwar district of Jammu. The project, being developed at an estimated cost of Rs 49.49 billion, is a key part of the region’s renewable energy infrastructure development.
India’s nuclear power capacity to triple by 2032, doubles in 10 years
India’s nuclear power generation capacity has nearly doubled over the past decade, rising from 4,780 MW in 2014 to 8,180 MW in 2024. Union Minister Dr. Jitendra Singh shared this update during a discussion in the Lok Sabha, he outlined that nuclear power capacity is projected to triple to 22,480 MW by 2031-32. This expansion is driven by initiatives such as bulk reactor approvals, enhanced funding, public-sector collaboration, and limited private participation. A revised power...
Schneider Electric launches EcoConsult in India
Schneider Electric has introduced EcoConsult in India, a consulting service designed to optimize electrical and automation systems for safety, reliability, and sustainability. The solution provides actionable insights to improve asset health, reduce carbon footprints, and achieve cost savings for both new installations and existing equipment. EcoConsult enables businesses to reduce operational expenses by up to 30%, lower electrical energy losses by 35%, save up to 15% on utility bills through power factor improvements and enhance...
MNRE expands Green Energy Corridor and promotes open access
The Ministry of New and Renewable Energy (MNRE) is implementing the Green Energy Corridor (GEC) scheme across ten states to enhance renewable energy (RE) evacuation infrastructure. These states include Andhra Pradesh, Gujarat, Rajasthan, Himachal Pradesh, Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, Kerala, and Uttar Pradesh. For intrastate transmission systems (InSTS), the scheme offers up to 40% Central Grant Assistance. Additionally, an interstate transmission system (ISTS) project is being developed to evacuate 13 GW of renewable...
India’s renewable energy capacity surges to 213.70 GW
India’s total non-fossil fuel installed capacity reached 213.70 GW as of November 2024, a 14.2% increase from the previous year. Including pipeline projects, the total non-fossil fuel capacity surged to 472.90 GW, up 28.5% year-on-year. From April to November 2024, 14.94 GW of new renewable energy capacity was added, nearly doubling the 7.54 GW added during the same period in FY 2023-24. November 2024 alone saw 2.3 GW of new capacity, a fourfold increase compared...
INOXGFL Group enters solar manufacturing with Inox Solar
INOXGFL Group has launched Inox Solar to venture into solar manufacturing, targeting an initial capacity of five GW for solar modules and 2.5 GW for solar cells by 2026. The promoters plan to invest Rs 15 billion in this initiative. The first solar module manufacturing plant, with a 1.2 GW capacity for TopCon modules, is being set up in Gujarat and is expected to become operational by March 2025. Through group company Inox Renewable Solutions,...
Powergrid commissions HVPNL interconnection project
Power Grid Corporation of India Limited (PGCIL) has commissioned the “Augmentation of ISTS for Interconnection of HVPNL Transmission Schemes,” effective 6th October 2024, with the Notification for Commercial Operation (DOCO) received on 10th December 2024. The project connects the inter-state transmission system (ISTS) with HVPNL’s intra-state network, ensuring ‘N-1’ compliance at the 220 kV level. It includes ICT upgrades at the 400/220 kV Bahadurgarh and Jind substations. The Rs 11.7 billion project was approved by...
Technip Energies and GE Vernova secure Net Zero Teesside power project
Technip Energies, GE Vernova, and Balfour Beatty have been awarded the engineering, procurement, and construction contract for the Net Zero Teesside Power (NZT Power) project, the world’s first gas-fired power plant with carbon capture and storage (CCS). The UK government’s £21.7 billion ($13.87 billion) funding for carbon capture initiatives enabled the project’s financial close. The plant aims to generate 742MW of low-carbon electricity, enough to power one million UK homes, while capturing up to 2...
Intersect Power, Google, and TPG Rise Climate to build clean energy
Intersect Power has partnered with Google and TPG Rise Climate to co-locate renewable energy infrastructure with data centres, aiming to meet the growing demand for clean power while reducing reliance on long-distance transmission. The initiative plans a $20 billion investment in renewable energy and storage by 2030, focusing on enhancing speed of deployment, grid reliability, and energy affordability. Google will act as the primary offtaker for renewable energy generated at new data centre campuses located...
Nextracker delivers first 100% US-manufactured solar trackers under IRA
Solar tracker provider Nextracker has announced the delivery of its first US-manufactured solar trackers, achieving 100% domestic content value under the Inflation Reduction Act (IRA). This marks a key advancement in localizing the US solar supply chain. The trackers will be used in SB Energy’s 570MW Pelican’s Jaw solar project, which includes 954 megawatt-hours (MWh) of energy storage. The project, under construction by SOLV Energy, highlights the benefits of local manufacturing in reducing supply chain...
Recurrent Energy secures PPA for 300MW solar project in Spain
Canadian Solar subsidiary Recurrent Energy has signed a ten-year power purchase agreement (PPA) with a US-based technology company for renewable energy from its Tordesillas solar photovoltaic (PV) project in Valladolid, Castilla y León, Spain. The 300MW project, expected to be operational by 2026, will generate 620 gigawatt hours (GWh) annually, powering 188,000 households and reducing CO₂ emissions by 161,000 tonnes annually. Recurrent Energy plans to retain ownership and operation of the solar facility upon energization....
Power Bytes
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Power Sector News Roundup for December 11, 2024
Global: Canada announces C$1 billion funding for clean energy projects. BP and JERA to form offshore wind joint venture. EU to prioritize geothermal energy to reduce reliance on Russian gas. Jacobs partners with Terra Solar for energy project in the Philippines. TNB and Sembcorp to export 50 MW renewable energy to Singapore. Arevon Energy starts up Eland 1 Solar plus Storage Project in California. Iberdrola secures license for 274 MW wind project in Portugal. Davidson...
Power Sector News Roundup for December 10, 2024
Global: CREC and Sungrow sign agreement for 1.5 GWh BESS supply AfDB appointed lead arranger for $340m Moyi Power metro-grids project in DRC India: India leads in clean-tech funding, surpassing China in Q3 2024 Tata Power to invest Rs 1.46 trillion to double capacity by 2030 Kerala announces electricity tariff hike of 16 paise per unit NTPC achieves fastest ever 300 BU generation milestone UPPCL resolves legal challenges to privatise two DISCOMs PFCCL incorporates SPV...
Power Sector News Roundup for December 9, 2024
Global: UK seeks new investors for Sizewell C nuclear project Corio Generation plans staff reductions amid offshore wind sector challenges Nuclear industry “a model for the rest of economy,” UK energy secretary says CVC DIF sells 169 MW Uruguayan wind farm portfolio to Pluspetrol Meta signs agreements for 760 MW of renewable energy with Invenergy Denmark’s largest offshore wind farm tender in the North Sea receives no bids ISA and USAID partner to enhance grid...
Power Sector News Roundup for December 6, 2024
Global: Spain to build largest pumped storage hydro power plant in Europe Philippines and UAE sign MoU for energy transition cooperation Estonia to host electronic auction for offshore wind farm in Saare 1 area India: Synergy Green signs supply agreement with Envision Energy for wind turbine castings DMR Hydroengineering & Fitchner GmbH JV empanelled as consultant for THDCIL’s pumped storage projects India Power emerges as lowest bidder for NTPC Dadri thermal energy storage project Teems...
Power Sector News Roundup for December 5, 2024
Global: Hinkley Point C installs first new nuclear reactor in over 30 years Shell reduces offshore wind investments, restructures power division Hitachi Energy invests $47m to expand high-voltage factory in Brno Westinghouse’s eVinci microreactor receives NRC approval for control system Centrica and EDF extend operational life of UK nuclear power stations Longroad Energy closes financing for 111 MW Sun Pond solar project Eco Wave Power to launch Israel’s first wave energy project Biden administration surpasses...
Power Sector News Roundup for December 4, 2024
Global: US imposes preliminary antidumping tariffs on Southeast Asian solar imports. JDR Cable Systems to install subsea cables for the largest US offshore wind farm. TotalEnergies and AEW secure a 300-MW solar project in Saudi Arabia. Quaise Energy partners with Nevada Gold Mines to retrofit a power plant with geothermal energy. Equinix signs a second renewable energy PPA with Sembcorp Power. PGE signs a PPA with Avangrid for a 120 MW solar project. Axpo Nordic...
Power Sector News Roundup for December 3, 2024
Global Siemens and Tietoevry partner for power utilities’ digital transformation SAS and SES sign Taiwan’s first joint CPPA for offshore wind energy Pilbara Minerals and POSCO open Korea’s first lithium hydroxide plant Indonesia explores nuclear power technology, renewable energy expansion MHI secures MOX fuel order for Ikata nuclear plant Tasmania’s first utility-scale solar farm secures offtake with Hydro Tasmania Renewable Power Capital secures refinancing for Klevberget wind farm in Sweden NSCH partners with ENGIE for...
Power Sector News Roundup for December 2, 2024
Global ABO Energy sells South African BESS projects to EDF Philippines launches $3.4 billion MTerra solar project Singapore commits SGD 100 million to green marine and offshore energy sectors 112 MW Ballinagree wind farm in Ireland secures planning approval India Adani Power denies Bangladesh plans to renegotiate power deal amid disputes Power Mech wins Rs 5.1 billion contract from Adani Power for Chhattisgarh project INOXAP begins specialty gas supply to ReNew’s solar PV cell plant...
Power Sector News Roundup for November 29, 2024
Global: Egypt and Hynfra to develop $1.6 billion green ammonia facility SGCC connects first section of Ningxia–Hunan UHVDC transmission project First phase of UK-Germany energy link completed in NeuConnect project ENERCON advances onshore wind projects in Iceland and Turkey Sonnedix inaugurates 150 MW Betierra solar project in Spain Vestas secures order for Nordseecluster B offshore wind project in Germany Hexicon secures majority stake in 1.1 GW MunmuBaram wind project Hitachi Energy to supply grid solutions...
Power Sector News Roundup for November 28, 2024
Global WA completes second phase of Kwinana big battery project. Maxeon Solar to divest non-US assets, focus on US market expansion. Uniper signs PPA with Stegra for green hydrogen and steel production. Capital Power sells stake in two Canadian wind facilities to Axium. Alfanar signs SAR 20 billion contracts with SEC for energy projects. India NTPC REL declares commercial operation of 55 MW Shajapur solar unit. KEC International wins Rs 17.04 billion T&D orders from...
Power Sector News Roundup for November 27, 2024
Global Synera Renewable to develop an 840 MW offshore wind farm in South Korea. TotalEnergies and Air Liquide to produce renewable hydrogen at La Mède refinery. NSW approves $647 million Mt Piper battery project to boost energy storage. TOYO secures a $150 million solar cells contract to bolster renewable energy growth. India Solarworld Energy raises Rs 1.1 billion in pre-IPO placement round. NTPC Green signs MoU for 2000 MW renewable energy projects in Chhattisgarh. Adani...
Power Sector News Roundup for November 26, 2024
Global: Masdar and Silk Road Fund to co-invest $2.8bn in renewable energy projects BayWa r.e. sells 517 MW US solar portfolio in largest transaction to date RWE acquires majority stake in R3 Renewables Equinor cuts 20% of renewables workforce amid offshore wind challenges Azerbaijan awards first 100 MW solar project to Universal International Arab Group opposes fossil fuel phase-out at COP29 climate summit Indonesia to retire coal-fired power plants by 2040 National Grid Renewables secures...
Power Sector News Roundup for November 25, 2024
Global: Construction begins on ACT’s 250 MW Williamsdale BESS. SRE Group and MWE form JV for offshore wind project in South Korea. Iberdrola invests in RTS for insulation innovation, advances UK subsea cable project. India: Relicab gains CG Power approval for 765 kV POWERGRID cables. PGCIL commissions NERSS-XII project. CERC grants transmission licenses for three projects in Rajasthan and Gujarat. Jakson Green delivers electrolysers for first green hydrogen refueling station. KEC International secures orders worth...
Power Sector News Roundup for November 22, 2024
Global: ACWA Power signs agreement with Uzbekistan for 2 GWh battery storage projects ACCIONA Energía sells hydro portfolio to Endesa for €1 billion EGAT plans three pumped storage power plants in Thailand Laurentis Energy Partners collaborates on SMR development in Poland National Grid Renewables begins construction of 100MW Apple River Solar project Aboitiz Power to develop Philippines’ first hybrid BESS and geothermal system RIC Energy and Rosemawr partner to deploy 450 MW solar and storage...
Power Sector News Roundup for November 21, 2024
Global: Amazon invests in Greece’s largest wind energy project with three wind farms. China tightens solar PV investment guidelines to address overcapacity. SEC to build publicly owned renewable energy park in Horsham, Australia. Bekevar Wind Farm opens, providing 200 MW of renewable energy in Saskatchewan. Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects. TVA signs 10-year PPA for 14 GWh carbon-free energy with Smoky Hydro. Octopus Energy and Skyborn prequalified for French...
Power Sector News Roundup for November 20, 2024
Global: Neoen secures 164 MWp in French solar and agrisolar tenders Ocean Winds submits planning application for 2 GW offshore wind farm CHN Energy connects first PV units of 1 GW offshore solar project to grid Kyrgyzstan completes key infrastructure for CASA-1000 electricity project HydrogenPro and J.H.K partner for green hydrogen projects in Europe India: Omega Seiki Mobility to launch hydrogen-powered three-wheelers CERC proposes framework for carbon credit certificate trading Saatvik Green Energy to supply...
Power Sector News Roundup for November 18, 2024
Global: Green Nation unveils plans for 750 MW Whitestone Solar Farm in the UK. B&W secures a $246 million coal-to-natural gas conversion project for AES Indiana. Alcazar Energy signs an MoU for a 2 GW onshore wind farm in Egypt. India: Trilateral power flow from Nepal to Bangladesh via India begins. NTPC and ONGC establish a joint venture for renewable energy projects. RECPDCL invites bids for transmission system development in Madhya Pradesh. Chubu Electric increases...
Power Sector News Roundup for November 14, 2024
Global: NSW approves A$4.8bn Humelink transmission project Ramboll completes acquisition of K2 Management Capital Dynamics secures £48.5m funding for Scottish onshore wind projects Oklo signs LOIs with data centres to supply 750MW of low-carbon power Bureau Veritas acquires Versatec Energy to expand energy sector services Six nations join pledge to triple nuclear power by 2050 at COP29 rPlus Energies secures PPA with Idaho Power for 125MW Pleasant Valley Solar 2 project Orlen Group secures EIB...
Power Sector News Roundup for November 13, 2024
Global: Ofgem approves LionLink and Nautilus pilot projects for North Sea wind interconnectors Indonesia announces plans for 75GW renewable energy expansion over 15 years MDBs pledge $120 billion for low-income nations at COP29 Nordex secures order for 19 turbines for Québec wind project Enphase Energy launches AI-powered DIY permitting on Solargraf Elcogen secures €24.9 million EU grant for hydrogen tech expansion ADB approves USD 311 million loan for Nepal’s T&D infrastructure upgrade India: Power Grid...
Power Sector News Roundup for November 12, 2024
Global: ACCA report warns of inadequate climate preparedness among businesses. EnBW to install a 100 MW battery storage system in Marbach, Germany. ScottishPower signs £1 billion deal with Siemens Gamesa for East Anglia 2 offshore wind farm. Entrion Wind secures US patent for FRP monopile technology. SPPC awards 7.2 GW power project contracts under Saudi Vision 2030. Energy Vault to build a 57 MW battery storage project in Texas. Nexans to sell AmerCable to Mattr...
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