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Netherlands to provide subsidy for offshore wind projects
The Dutch government will allocate about €1 billion ($1.18 billion) in subsidies to support the development of offshore wind farms with a total planned capacity of 2 gigawatts (GW). The decision follows a pause in tenders announced in May, after developers raised concerns about the financial viability of projects without government support, according to Reuters….
NHPC to invest Rs 55 billion in Bihar’s renewable energy sector
NHPC Limited plans to invest Rs 55 billion in Bihar’s renewable energy sector to support India’s energy transition. The company is set to sign a memorandum of understanding with the state government for projects including solar power, floating solar, and battery storage solutions. NHPC highlighted the potential for renewable energy projects with battery storage to…
Cadiz and RIC Energy to develop green hydrogen facility in California
Cadiz has partnered with RIC Energy to build a green hydrogen facility at Cadiz Ranch in California’s Mojave Desert, where Cadiz will supply land and water resources to support RIC Energy’s solar-powered hydrogen production. The facility aims to generate 100% green hydrogen, targeting distribution across Southern California for zero-emission vehicles and power generation. The project…
Palantir and The Nuclear Company launch AI tool for nuclear projects
Palantir Technologies and The Nuclear Company have partnered to launch the Nuclear Operating System (NOS), an AI-driven platform aimed at cutting delays and cost overruns in U.S. nuclear construction. Built on Palantir’s Foundry platform, NOS offers real-time insights into construction progress, supply chain status, and regulatory compliance. The system will be deployed by on-site teams…
Sahaj Solar secures Rs 364.2 million solarisation project in Tripura
Sahaj Solar has won a contract from the Tripura Renewable Energy Development Agency (TREDA) to solarise 2 HP grid-connected agricultural pumps under the PM-KUSUM scheme’s Component C. The project involves designing, surveying, manufacturing, supplying, and commissioning 3 kWp grid-connected power plants with interfacing devices for the pumps. It also includes a five-year warranty, annual maintenance…
EIB provides €243m green loan to ERG Group for renewable projects
The European Investment Bank (EIB) has committed €243m ($255m) to finance renewable energy projects by wind and solar operator ERG Group. The funding will advance renewable energy development across Italy, France, and Germany, aligning with EU energy targets and national climate plans. The EIB’s green loan supports ERG’s 2024–2026 Business Plan, which focuses on expanding…
