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Khavda IV A project boosts Adani Energy Solutions’ transmission portfolio
Adani Energy Solutions Ltd (AESL) has expanded its transmission portfolio to 21,783 ckm and its transformation capacity to 61,686 MVA with the acquisition of the Khavda IV A transmission project. This project, acquired from RECPDCL under the tariff-based competitive bidding (TBCB) route, will be developed as an interstate transmission system (ISTS) under the build, own, operate & transfer (BOOT) model for 35 years. The Khavda IV A line will evacuate 7 GW of renewable energy,…
Rosatom begins El-Dabaa NPP’s Unit 2 inner containment installation
Russian state nuclear company Rosatom has initiated the installation of the Inner Containment for the reactor building at Unit 2 of Egypt’s El-Dabaa Nuclear Power Plant. This reinforced concrete structure, capped with a semispherical dome, is designed to prevent radioactive leakage during emergencies. Weighing between 60 to 80 tons per segment, the containment forms a key safety component. The installation marks a significant milestone following the completion of Unit 1’s Inner Containment earlier this year….
rPlus Energies secures PPA with Idaho Power for Pleasant Valley Solar 2 project
Renewable energy developer rPlus Energies has finalized a long-term power purchase agreement (PPA) with Idaho Power for its 125 MW Pleasant Valley Solar 2 facility in Ada County, Idaho. This project follows the 200 MW Pleasant Valley Solar 1, also under construction, making Pleasant Valley Solar the largest contracted solar facility within the Idaho Power system. Both projects will supply renewable energy to support Meta’s 100% clean energy goals for its data center in Kuna,…
JBIC signs loan agreements with ADNOC for renewable energy and decarbonisation projects
The Japan Bank for International Cooperation (JBIC) has signed two project loan agreements with Abu Dhabi National Oil Company (ADNOC), totalling approximately $341 million and $130 million under a credit line established in July 2024. The loans are co-financed by Mizuho Bank Limited, Sumitomo Mitsui Banking Corporation, MUFG Bank, Limited, and The Hongkong Shanghai Banking Corporation Limited, Tokyo Branch, raising the total financing to $569 million and $217 million, respectively. These loans, part of JBIC’s…
JSW, Tata Power, Avaada, Juniper win MSEDCL’s 1,650 MW wind-solar auction
Maharashtra State Electricity Distribution Company (MSEDCL) has selected JSW Neo Energy, Tata Power Renewable Energy Limited (TPREL), Avaada Energy, and Juniper Green Energy as the winners of its 1,650 MW wind-solar hybrid auction. These companies will supply power on a long-term basis from grid-connected intrastate projects. JSW Neo secured 600 MW, including 400 MW under the greenshoe option, while Tata Power won 400 MW, with 200 MW under the greenshoe option. Avaada Energy was awarded…
HIF Global announces green methanol project in Brazil
HIF Global, a leading green fuels company, has unveiled plans to produce up to 800,000 tons of green methanol annually in Brazil. This marks the company’s first project of its kind in the country. HIF Global has signed a land reservation contract with the Port of Açu in Rio de Janeiro to develop the facility, with the port offering support for various aspects of project development. The Port of Açu, a key logistics and industrial…