|

India and Saudi Arabia explore bilateral investment opportunities in energy and power sectors

By

The governments of India and Saudi Arabia discussed various opportunities for bilateral investments in diverse areas in the public and private sectors, including refining and petrochemical plants, new and renewable energy, and power. They reviewed measures aimed at promoting two-way investments in a mutually beneficial manner at the first meeting of the India-Saudi Arabia High-Level Task Force on Investments.

Similar Posts

|

Senvion secures 86.4 MW order from Continuum Green Energy in Gujarat

By

Senvion India has received an 86.4 MW order from Continuum Green Energy for a wind project in Gujarat. This order includes a 20-year operations and maintenance contract to ensure turbine performance and durability. The project will utilize the 2.7M130 platform, with turbines installed at a height of 140 meters. This project is part of a larger agreement, with Continuum awarding contracts for five projects totalling 270 MW to Senvion. Deliveries are set to begin in…

|

EDF in talks to source nuclear power for 1 GW data centre projects in France

By

Électricité de France (EDF) is negotiating with three suppliers to secure power for its planned 1 GW data centre projects in France, with a focus on nuclear energy as a clean power source for tech firms amid the rising energy demands driven by AI.  EDF executive director Marc Benayoun confirmed the ongoing discussions but withheld details on the companies involved, noting that site selection for the projects is still in progress. EDF expects to export…

|

Drax Power to pay £25 million for misreporting biomass data, Ofgem announces

By

UK energy regulator Ofgem has announced that renewable energy generator Drax Power will pay £25 million for misreporting data regarding imported biomass from Canada. In May 2023, Ofgem launched an investigation into whether Drax had breached annual profiling reporting requirements under the Renewables Obligations (RO) scheme. Ofgem concluded that Drax lacked adequate data governance controls for the biomass imported from Canada between April 1, 2021, and March 31, 2022. However, there was no evidence that…

|

Syrma SGS opens electronics manufacturing facility in Pune

By

Syrma SGS Technology has opened one of its largest integrated electronics manufacturing facilities in Ranjangaon, near Pune, Maharashtra.  Spanning 26.5 acres, the new campus will feature a manufacturing area of 1.20 million sq. ft. at its peak, enhancing the company’s PCB assembly capabilities to meet rising domestic demand, especially in the automotive and industrial sectors. The first phase, covering over 60,000 sq. ft., is expected to generate around 1,000 direct jobs. The facility aims to…

|

JinkoSolar’s expansion into Saudi Arabia

By

JinkoSolar has formed a joint venture (JV) with a subsidiary of Saudi Arabia’s Public Investment Fund (PIF) and Vision Industries Company (VI) to establish a new factory in NEOM’s Oxagon city. This USD1 billion investment aims to pioneer digitalization and sustainability by producing 10 GW of TOPCon solar cells and modules annually. Slated for completion in 2026, the facility will be powered entirely by green energy and is expected to set a benchmark with the…

|

B.Grimm, EGAT, PEA sign PPA to develop 323 MW of solar projects in Thailand

By

B.Grimm Power has signed 25-year power purchase agreements (PPAs) with the Electricity Generating Authority of Thailand (EGAT) and the Provincial Electricity Authority (PEA) for a total of 323.3 MW across eight solar projects in Thailand. The agreements, involving B.Grimm’s subsidiaries and joint ventures, have commercial operation dates scheduled between 2026 and 2030. These projects support the company’s GreenLeap-Global and Green Strategy, aligning with Thailand’s goal to achieve net-zero emissions by 2065.

Leave a Reply

Your email address will not be published. Required fields are marked *