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GE Vernova expands HVDC manufacturing in UK

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GE Vernova has announced a major expansion of its manufacturing facilities in Stafford, UK, to meet growing global demand for high-voltage direct current (HVDC) transmission systems, essential for transmitting renewable energy across Europe, Asia, and North America. The expansion focuses on two key Stafford sites within GE Vernova’s electrification systems grid solutions business. The HVDC facility at Redhill will double its valve manufacturing capacity, adding a new voltage-sourced converter valve assembly line. The transformer facility,…

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Oklo finalizes agreement with DOE for nuclear reactor site inspections in Idaho

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Nuclear power company Oklo has secured a memorandum of agreement (MOA) with the U.S. Department of Energy (DOE), allowing it to conduct site inspections for its planned advanced nuclear reactor in Idaho. This agreement enables Oklo to proceed with geotechnical assessments, environmental surveys, and infrastructure planning, crucial steps toward advancing the project to the construction phase. Oklo is the only advanced fission company with a DOE site use permit and has made significant regulatory progress,…

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CIB and Elemental Energy secure $118m loan for Higgins Mountain wind project in Nova Scotia

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The Canada Infrastructure Bank (CIB) and Elemental Energy have reached financial close on a $118 million loan to support the Higgins Mountain wind project in Nova Scotia. Located in Colchester and Cumberland, the 100 MW wind farm will consist of 17 turbines, generating enough electricity to power 40,000 homes and cutting carbon emissions by over 200,000 tonnes annually. The project, a collaboration between Elemental Energy, Stevens Wind, and the Sipekne’katik First Nation (SFN), will offer…

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Musashi and Log9 Materials form partnership for EV powertrain solutions

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Musashi Seimitsu Industry Co., Ltd., Japan, the parent company of Musashi India, has entered a strategic partnership with advanced battery technology company Log9 Materials. The collaboration aims to deliver an integrated powertrain solution for electric two-wheelers and three-wheelers by combining Musashi’s high-performance e-Axle system with Log9’s cutting-edge battery technology. This partnership seeks to tackle key challenges in EV energy management and enhance scalability and service reliability, optimizing performance and durability. By integrating battery packs with…

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Aditya Birla Renewables raises Rs 25 billion through NCDs

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Aditya Birla Renewables Limited (ABReL), the renewable energy arm of the Aditya Birla Group, has secured Rs 25 billion via a private placement of non-convertible debentures (NCDs). The funds will be used to fuel ABReL’s expansion, reduce existing debt, and support corporate activities. Underwritten by Grasim Industries, the NCD issue attracted strong interest from mutual funds, leading to an oversubscription. The base issue size of Rs 20 billion was fully subscribed, and the green shoe…

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India’s solar PV manufacturing capacity surges to 67 GW

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India’s solar PV module manufacturing capacity has skyrocketed from 2.3 GW to 67 GW over the past decade, largely due to initiatives under the “Make In India” program. Currently, 48 GW of integrated solar PV manufacturing projects are underway, supported by the Rs 240 billion Solar PLI scheme. Union Minister for New and Renewable Energy Pralhad Joshi emphasized the government’s commitment to establishing India as a global clean energy leader, highlighting the comprehensive support provided…

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Hartek Power crosses 10 GW capacity

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Hartek Power, a leader in grid infrastructure and solar EPC, has crossed 10 GW of combined capacity across its business units. The company has built EHV/HV substations up to 400 KV for independent power producers (IPPs) and utilities, supporting grid expansion and the energy transition to renewables. Hartek’s rooftop solar unit ranks among the top four in India. Recently, Hartek secured a 765 KV power systems project from PGCIL and is currently executing a 300…

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Karnataka Power Transmission invites bids for 220 kV DC transmission line in Tumkur

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Karnataka Power Transmission Corporation has invited bids for the construction of a 220 kV double-circuit (DC) transmission line at the 220 kV Pavagada substation in Tumkur district. The project involves a 31.32 km DC line with high-performance conductor (HPC) from the 400/220 kV Kyathaganacherlu (PGCIL) station, along with two 220 kV terminal bays, aimed at providing an alternate power source to the Pavagada station. The project is estimated to cost Rs 1.43 billion and must…

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Ahasolar Technologies wins consultancy contract for 300 MW solar project in Gujarat

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Ahasolar Technologies Limited has received a work order worth Rs 11 million from Coal India Limited (CIL) to serve as the engineer and project management consultancy for a 300 MW solar photovoltaic (PV) plant at Gujarat Industries Power Company Limited’s (GIPCL) solar park in Khavda, Gujarat. The project is expected to be completed within 27 months.