Power Sector News Roundup for February 21, 2025

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Global: China’s clean energy investment reaches $940bn in 2024 TotalEnergies, Masdar, EPointZero partner to expand clean energy in Africa and Asia Japan approves new climate and energy policies targeting 2040 emissions cuts Enefit Green and Sumitomo partner for offshore wind farm in Baltic Sea India: West Bengal, Odisha, Uttar Pradesh, Rajasthan outline power sector plans in state budgets Advait Energy sets up subsidiary for power transmission tools EAC recommends EC for Uri-I Stage II Hydro…

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The future of wind energy: Rising costs, shifting markets, and global divides

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  The entire world is grappling with geopolitical uncertainty due to the prolonged war between Russia and Ukraine, the tussle for economic power between the USA and China, and the conflict between Israel and Hamas. This is resulting in increased inflation, demand uncertainty, disrupted supply chains, and rising unemployment. Amid all this, one sector has become a core concern—electricity. The world has adopted a combination of conventional and renewable energy (RE) sources in its electricity…

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Enefit Green and Sumitomo partner for offshore wind farm in Baltic Sea

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Enefit Green and Sumitomo Corporation have signed an agreement to jointly develop the Liivi Bay offshore wind farm in the Gulf of Riga, Baltic Sea. As part of the deal, Enefit Green will sell a 50% stake in Liivi Offshore OÜ, the project company for the wind farm, to Sumitomo Corporation. The wind farm is planned to have up to 84 turbines with a total capacity of 1,000 MW and an estimated annual electricity generation…

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RenewSys to supply 72.5 MWp TOPCon solar modules to Radiance Renewables

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RenewSys has secured a contract to manufacture and supply 72.5 MWp of 590 Wp tunnel oxide passivated contact (TOPCon) glass-to-glass solar modules to Radiance Renewables. The deliveries are scheduled for completion by March 2025. RenewSys operates manufacturing facilities with an annual capacity of 2.5 GW for solar PV modules, 8 GW for encapsulants, 4 GW for backsheets, and an ongoing 2.3 GW expansion for PV cells. Its Hyderabad facility produces TOPCon modules using rectangular cells…

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Vikram Solar expands capacity to 4,500 MW

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Vikram Solar Limited has increased its manufacturing capacity by 1,000 MW at its Falta facility in West Bengal and upgraded its Oragadam facility in Chennai, Tamil Nadu. The expansion enables the production of high-efficiency solar modules, including tunnel oxide passivated contact (TOPCon) and heterojunction technology (HJT) modules. With these developments, Vikram Solar’s total annual nameplate production capacity has reached 4,500 MW. The expansion at the Falta facility began with equipment installation on December 5, 2024,…

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NTPC and Bharat Light partner for green hydrogen and carbon capture

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NTPC Green Energy Limited (NGEL) and Bharat Light and Power Private Limited (BLP) have signed a memorandum of understanding (MoU) to advance green energy initiatives and support India’s carbon neutrality goals. The agreement focuses on exploring the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Both companies will also assess opportunities for selling captured carbon or biogenic carbon from NGEL’s operations. As part of the collaboration, NGEL, either…

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Waaree wins solar module supply contract for 250 MW NHPC project

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Waaree Renewable Energy Technologies Limited, formerly Sangam Renewables Limited, secured a contract from Khaba Renewable Energy Private Limited, a wholly-owned subsidiary of Engie, to supply solar modules for a 250 MW (362.5 MWp) ISTS-connected solar power project in Barmer, Rajasthan. The project, awarded under NHPC Limited, was announced on February 19, 2025. The supply of modules is expected to begin in the financial year (FY) 2026. In November 2023, Solairedirect Energy India Private Limited, an…

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Matel partners with Honda Power for EV battery-swapping solutions

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Matel Motion & Energy Solutions Private Limited has partnered with Honda Power Pack Energy India Private Limited (HEID) to integrate its ePowertrain with HEID’s swappable battery system.  This collaboration aims to provide electric vehicle (EV) manufacturers with efficient and adaptable battery-swapping solutions, addressing key challenges in EV adoption. Under the partnership, Matel will customize its powertrain solutions to seamlessly integrate with HEID’s swappable battery technology, offering a scalable alternative to fixed battery configurations. The integration…

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Japan approves new climate and energy policies targeting 2040 emissions cuts

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Japan’s government has approved new climate, energy, and industrial policies aimed at reducing greenhouse gas (GHG) emissions by 2040, Reuters reported. The strategy focuses on decarbonisation, energy security, and industrial growth, forming part of Japan’s long-term plan to ensure business policy stability. Japan has set a target to reduce GHG emissions by 46% from 2013 levels by 2030, 60% by 2035, and 73% by 2040. The updated targets, finalised by the environment and industry ministries,…

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Anvil Cables and Wirepas deploy cloud-based prepaid metering in India

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Anvil Cables Private Limited, an Indian manufacturer of wires and cables for power transmission, has partnered with Wirepas, a global IoT connectivity firm, to implement a cloud-based electricity prepayment solution for Advanced Metering Infrastructure (AMI). The solution aligns with India’s AMI Standard Bidding Document (SBD) and utilizes RF mesh technology. It has already been deployed in over 500,000 smart meters in Assam and Kashmir, ensuring scalable and cost-effective connectivity. India is the first country to…