Vireon Hydrogen secures €3.8 million grant for 5 MW electrolyser in Finland
Author: PPD Team Date: December 17, 2024
Author: PPD Team Date: December 17, 2024
Vireon Hydrogen has received a €3.8 million grant from Business Finland to develop a 5 MW electrolyser facility at the Jyväskylä Hydrogen Hub in Finland.
Phase one of the project focuses on constructing a hydrogen refueling station for heavy-duty transport, partly funded by a previous EU grant, and is expected to be operational by 2025.
Phase two, supported by the new grant, will expand the hub with a 5 MW electrolyser capable of producing 700 tons of green hydrogen annually.
Vireon, a subsidiary of Norwegian Hydrogen AS, develops hydrogen refueling stations for heavy-duty trucks across Norway, Sweden, Denmark, and Finland, promoting sustainable transport solutions in the Nordic region.
Author: PPD Team Date: February 12, 2025 Australian Premium Solar (India) Limited has secured contracts worth Rs 1,498.27 million for the supply of solar panels, photovoltaic (PV) modules, and solar inverters. The contracts include Rs 910.84 million for supplying 540 Wp bifacial solar panels (both Domestic Content Requirement (DCR) and non-DCR), solar inverters ranging from 3.3 kW to 500 Wp, and monocrystalline solar PV modules of 500 Wp, 520 Wp, and 535 Wp. These orders…
Author: PPD Team Date: January 21, 2025 President Donald Trump has temporarily suspended new federal leases for offshore wind energy projects, citing concerns over costs, aesthetics, and wildlife impacts. The executive order mandates a comprehensive environmental and economic review of offshore wind development on the US outer continental shelf. Trump criticized wind energy, stating, “They’re the most expensive form of energy by far. They kill birds and ruin beautiful landscapes.” However, the suspension does not…
Author: PPD Team Date: October 18, 2024 India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India…
Author: PPD Team Date: July 1, 2025 Hitachi Energy India Limited, on 26 June 2025, won a contract from Power Grid Corporation of India Limited (PGCIL) to supply 30 units of 765 kV, 500 MVA single-phase transformers. The 765 kV transformers will be manufactured at Hitachi Energy’s facility in Maneja, Gujarat. These units are key to managing high-capacity power flows and are being deployed to support renewable energy integration and electrification across key sectors. This…
Author: PPD Team Date: March 13, 2025 The Competition Commission of India (CCI) has approved two major transactions in the renewable energy sector. ONGC NTPC Green Private Limited has received clearance to acquire a 100 per cent stake in Ayana Renewable Power Private Limited. Meanwhile, AMG Green Power B.V. has been approved to acquire a stake in Greenko Energy Holdings, and ORIX Corporation will subscribe to certain convertible notes of AM Green (Luxembourg) S.À.R.L. ONGC…
Author: PPD Team Date: March 10, 2025 Kalpataru Projects International Limited (KPIL) and its international subsidiaries have secured new orders worth Rs 23.06 billion. The contracts include transmission and distribution (T&D) projects in overseas markets and building projects in India. With these latest deals, KPIL’s total order intake for 2024-2025 has reached approximately Rs 225 billion. KPIL reported a net profit of Rs 1.4 billion for Q3 FY25, reflecting a 2.78 percent decline from Rs…