Power Sector News Roundup for October 8, 2024

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Global: Malaysia’s power utility partners with Keppel to supply 100 MW in cross-border deal Taihan Cable secures contract for Singapore’s 400 kV power grid Runergy launches solar module manufacturing facility in US EET to develop UK’s first large-scale low-carbon hydrogen hub CWP Global to develop 600 MW green hydrogen project in Angola India: IEX posts 24% growth in trading volume, REC prices hit all-time low in September 2024 GAIL, AM Green signs MoU to jointly…

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Eni pushes for cutting emissions in its first methane report

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Italian oil and gas company Eni has released its inaugural Methane Report 2024, emphasizing the critical importance of reducing methane emissions, the second most impactful greenhouse gas (GHG) in the oil and gas sector. The report was unveiled at the IEA-COP29 High-Level Event on Methane Pledges in New York. Eni recognizes natural gas as a key component of the energy transition, citing its cost-effectiveness, reliability, and lower carbon footprint compared to other fossil fuels. However,…

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CWP Global to develop 600 MW green hydrogen project in Angola

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CWP Global has teamed up with Angola’s state-owned Sonangol and German engineering firms Conjuncta and Gauff to develop a 600 MW green hydrogen project in Angola. The project aims to produce green ammonia, with the first phase targeting 400,000 tonnes annually and plans for future expansion. Leveraging existing infrastructure, including power generation, ports, and grid systems, the project will primarily focus on exporting green ammonia, positioning Angola as a significant player in the global green…

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EET to develop UK’s first large-scale low-carbon hydrogen hub

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Essar Energy Transition (EET) Hydrogen is developing the UK’s first large-scale, low-carbon hydrogen production hub at its Stanlow site. The hub will have a total capacity of 1,350 MW and will capture approximately 2.5 million tonnes of carbon annually. The hydrogen produced will be used locally, including at EET Fuels’ Stanlow refinery and by key manufacturers such as Encirc, Pilkington, and Tata Chemicals. The hub will be built in two stages, with the first plant…

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Runergy launches solar module manufacturing facility in US

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Runergy has started production at its advanced solar module manufacturing facility in Huntsville, Alabama, marking its entry into the North American market. The facility, with an annual production capacity of 2 GW, is set to deliver its first customer orders in October, providing cutting-edge solar solutions. Positioned to become a major hub for solar manufacturing in the US, the facility strengthens Runergy’s presence in the global solar industry. The launch event featured a ceremonial signing…

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Taihan Cable secures contract for Singapore’s 400 kV power grid

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Taihan Cable & Solution Company has won a USD 630 million contract from Singapore Powergrid to supply and install a 400 kV ultra-high voltage power grid. The project involves building an underground 400 kV grid, the highest voltage used in Singapore, to meet rising power demands fueled by the growth of AI and data centres. Taihan Cable will take a full turnkey approach, managing all phases from design and production to installation, connection, and testing…

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Malaysia’s power utility partners with Keppel to supply 100 MW in cross-border deal

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Malaysia’s state-owned power utility has entered into a key cross-border agreement with Keppel Renewable Energy to supply up to 100 MW of electricity. This comes after Singapore’s Energy Market Authority (EMA) extended Keppel’s licence to import electricity until 2026. This initiative is part of the Lao PDR–Thailand Malaysia–Singapore Power Integration Project (LTMS-PIP), launched in June 2022 as the first multilateral cross-border renewable energy trading among four ASEAN nations. An initial two-year agreement between Keppel and…

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NPCIL to operate 220 MW small nuclear reactors for private players

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For the first time, the Nuclear Power Corporation of India (NPCIL) will operate 220 MW small nuclear reactors for private players. Private companies will provide funding and land, while NPCIL will manage the plants, according to a PTI report. Developments are expected by late 2024 or early 2025, with no amendments required to the Atomic Energy Act (AEA), 1962, which grants exclusive authority to the government over atomic energy. India is working on adapting its…

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NGEAL invites bids for 25 MW/100 MWh BESS project in Assam

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The New and Green Energy of Assam Limited (NGEAL) has floated a tender for the supply, installation, commissioning, operation, and maintenance of a 25 MW/100 MWh Battery Energy Storage System (BESS) at the 400 kV Kurkurmara (Mirza) grid substation in Kamrup district, Assam. The last date for bid submission is November 25, 2024. Bidders must submit a bid security of Rs 10 million and a document fee of Rs 23,600. The project must be completed…

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MAHAPREIT invites bids for 3.2 MW distributed solar project in Maharashtra

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Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has issued a tender for 3.2 MW of distributed solar power, which will supply energy to Chandrapur Zilla Parishad in Maharashtra. The project, estimated at Rs 23.01 million, must be commissioned within 360 days from the work order date. Bids must be submitted by October 11, 2024. The scope of work includes design, engineering, supply, and commissioning with net metering, along with operation and maintenance for five…