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BlueFloat Energy strengthens partnerships for Taiwan’s floating wind demonstration programme
BlueFloat Energy has secured strategic collaborations with Taiwan’s Ship and Ocean Industries R&D Center (SOIC) and the CR Classification Society to support its bid for Taiwan’s floating wind demonstration programme. These partnerships will enhance the company’s project development capabilities in the region. In addition, BlueFloat Energy signed a memorandum of understanding with National Taiwan University’s Ocean Center to conduct a comprehensive morpho-dynamic study for its Winds of September project. This study will analyze Taiwan’s marine…
Gensol-Matrix win Rs 4.5 billion PLI award for 237 MW hydrogen electrolyser project
Gensol Engineering Ltd and Matrix Gas & Renewables Ltd have secured a Rs 4.5 billion production-linked incentive (PLI) award to manufacture a 237 MW hydrogen electrolyser. The award is part of a competitive tender issued by the Solar Energy Corporation of India (SECI), with the consortium’s total secured capacity reaching 300 MW, including a previous 63 MW award under the first tranche.
India achieves record coal production in FY24, surpassing 997 million tonnes
India recorded its highest-ever coal production in FY24, reaching 997.828 million tonnes, an 11.71 per cent increase from FY23. In Q1 FY25, India produced 247.396 million tonnes of coal, a 10.75 per cent increase from 223.376 million tonnes in the same period last year. Several initiatives contributed to this growth. The Single Window Clearance portal expedited the operationalization of coal mines. Captive coal mines were permitted to sell up to 50 per cent of their…
VNG AG partners to explore green hydrogen production in Algeria
VNG AG has signed a letter of intent with Algerian energy firms Sonatrach and Sonelgaz, along with SNAM, SeaCorridor, and VERBUND, to jointly assess the feasibility of large-scale green hydrogen production in Algeria. The project aims to export green hydrogen from North Africa via the proposed “South H2 Corridor” to Italy, Austria, and Germany. The agreement sets the framework for future cooperation, including the preparation of essential studies to evaluate the technical and economic viability…
Encavis, Commerzbank secure financing for Germany’s second-largest solar facility
Encavis Asset Management AG (Encavis AM) and Commerzbank AG have finalized the project financing for the Bartow solar project, which is set to become Germany’s second-largest solar facility with a capacity of 260 MW. Located in Bartow, Mecklenburg-Western Pomerania, this project is part of the Encavis Infrastructure Fund IV (EIF IV) portfolio, available for subscription through BayernLB and targeting savings and cooperative banks. The project’s construction began in March 2024, with completion expected in the…
PM Modi inaugurates solar EV charging carport at Statue of Unity
Prime Minister Narendra Modi inaugurated a solar-powered electric vehicle (EV) charging carport at the Statue of Unity in Kevadia, Gujarat. Developed by Convergence Energy Services Ltd (CESL), an Energy Efficiency Services Ltd subsidiary, this initiative underscores the government’s commitment to clean energy and green mobility. With backing from the Asian Development Bank (ADB), the carport has bi-facial mono-crystalline solar modules and a battery energy storage system (BESS). This facility, with a 50 kWp solar capacity…