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Grenergy strengthens partnership with BYD to enhance storage system supply in Chile

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Spanish renewable energy company Grenergy has renewed its agreement with BYD to supply large-scale storage systems for the Oasis de Atacama solar-battery hybrid project in Chile, bringing the total storage capacity to 3 GWh—BYD’s largest agreement to date. The extended deal includes BYD’s MC Cube storage systems for Grenergy’s 200 MW Victor Jara project, with 537 containers set to arrive at the site in the second quarter of 2025. This storage capacity is equivalent to…

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Ørsted, MT Group to build carbon capture and storage facility in Denmark

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Energy company Ørsted has partnered with MT Group to develop a carbon capture and storage (CCS) facility at the Ørsted Kalundborg CO₂ Hub in Denmark. MT Group will install balance of plant piping, integrate it with an existing woodchip-fired boiler plant, and test the piping’s design for the new CCS facility. This project is part of Ørsted’s 20-year agreement with the Danish Energy Agency (DEA) to capture and store 430,000 tonnes of CO₂ annually from…

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EU approves €682m state aid for Belgium’s offshore wind development

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The European Commission has approved a €682 million state aid package to support Belgium’s renewable offshore wind energy. The funds will facilitate the construction and operation of a 700 MW offshore wind farm in the Princess Elisabeth Zone in the North Sea, set to generate 2.6TWh of renewable energy annually. This project will significantly boost Belgium’s offshore wind generation, which reached 7.77TWh in 2023. While Belgium aims to align with the EU’s target of 42.5%…

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Vietnam explores revival of nuclear power plants for energy security

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Vietnam is reconsidering its nuclear power development plans to strengthen energy security and support economic growth, according to a government document reviewed by Reuters. The country, which relies heavily on coal, seeks cleaner energy solutions to achieve its net zero target by 2050. The Ministry of Industry and Trade is studying global nuclear energy development and will propose a plan to the Politburo, Vietnam’s top decision-making body. The move comes as Vietnam targets an annual…

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CarbonScape and Stora Enso to build biographite demonstration plant in Finland

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New Zealand-based CarbonScape and biomass developer Stora Enso have announced plans to build a biographite demonstration plant in Kotka, southern Finland. The facility aims to produce biographite, a sustainable alternative to mined or fossil-based synthetic graphite, for use in lithium-ion batteries, addressing supply chain and sustainability challenges. Construction is expected to begin in 2025, with sample production starting in 2026. The plant will produce larger biographite samples for OEMs and battery cell makers, helping qualify…

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Torrent Power commits Rs 640 billion for green energy expansion

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Torrent Power has announced plans to invest more than Rs 640 billion in green energy capacities, with two major commitments made at the RE-Invest event in Gandhinagar, Gujarat, on September 16, 2024. The company pledged to achieve 10 GW of installed renewable energy capacity by 2030, requiring an investment of Rs 570 billion. This project is expected to generate employment for approximately 25,000 people. As part of this commitment, Torrent Power signed an MoU with…

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NCT defers decision on HVDC link for green hydrogen projects in Andhra Pradesh

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The National Committee on Transmission (NCT) has postponed the approval of a proposed ±800kV, 6000MW HVDC link between Kurnool and Visakhapatnam, which APTRANSCO requested to support upcoming green hydrogen and green ammonia units in Andhra Pradesh. While the state utility estimates a need for over 10 GW of renewable energy by 2030 for these projects, NCT concluded that the demand can be met using planned AC transmission systems. APTRANSCO’s proposal aimed to facilitate the delivery…

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Adani secures 6,600 MW energy supply deal with MSEDCL

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Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has issued a letter of intent to Adani Group for the long-term supply of 6,600 MW of thermal and green energy. The agreement includes 5,000 MW of solar power from Adani Green Energy Ltd (AGEL) and 1,600 MW of thermal power from Adani Power Ltd (APL). Adani Power and AGEL will sign formal 25-year power supply agreements with MSEDCL, following a competitive bidding process. The 5,000 MW solar…

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Kenya awards $1.3bn power concession to Adani Group and Africa50

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Kenya Electricity Transmission has entered into a $1.3 billion public-private partnership (PPP) with India’s Adani Group and Africa50, the infrastructure investment platform of the African Development Bank (ADB). The partnership aims to enhance Kenya’s power transmission infrastructure, with the concession awarded to build transmission lines confirmed by David Ndii, chief economic adviser to President William Ruto.