Google signs 15-year PPA for 250 MW wind energy in Netherlands
Author: PPD Team Date: December 23, 2024
Author: PPD Team Date: December 23, 2024
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands.
Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk project to power its Dutch operations.
The Zeevonk project, a joint venture between CIP and Vattenfall, combines offshore wind, solar energy, and green hydrogen production. It includes a 2 GW offshore wind farm and a 50 MW floating offshore solar farm located 62 km off the Dutch coast.
A significant portion of the generated electricity will be converted into green hydrogen at a large-scale electrolyser facility in the port of Rotterdam. The project is expected to become operational in 2029.
Author: PPD Team Date: December 26, 2024 A government panel of experts has largely supported Japan’s new energy policy, which aims to meet growing power demands by expanding renewables to 40-50% of electricity needs and increasing nuclear power’s share to 20% by 2040. The proposal, which is set for Cabinet approval by March, calls for reversing the phaseout of nuclear energy adopted after the 2011 Fukushima disaster. The plan also targets reducing coal-fired power to…
Author: PPD Team Date: May 7, 2025 Ganeko Solar Private Limited (GSPL), a subsidiary of Zelestra Energy, has entered into several key agreements with Seshasayee Paper and Boards Limited (SPB) to set up a 28 MW/39 MWp wind-solar hybrid power project in Tamil Nadu. The agreements include a Share Purchase Agreement (SPA), Share Subscription and Shareholder’s Agreement (SSSHA), and a performance incentive agreement. As part of the deal, SPB will invest Rs 165.6 million to…
Author: PPD Team Date: December 26, 2024 Six companies have won bids to set up a total of 816 MW capacity under the 1,200 MW ISTS-Connected Solar Power Project (NTPC-02) anywhere in India, as announced on December 23, 2024. Bharat Petroleum Corporation Limited (BPCL) won 150 MW with a tariff of Rs 2.55 per kWh. Onward Solar Power Private Limited secured 50 MW with a tariff of Rs 2.59 per kWh. ReNew Solar Power Private…
Author: PPD Team Date: January 12, 2026 NTPC Limited has informed the stock exchanges that it signed a Shareholder Agreement (SHA) with Maharashtra State Power Generation Company Limited (MAHAGENCO) on 9 January 2026. The agreement formalises the consortium arrangement for the acquisition of Sinnar Thermal Power Limited (STPL), which is undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The acquisition follows approval of the consortium’s resolution plan by the…
Author: PPD Team Date: December 19, 2024 The Bhubaneswar Municipal Corporation (BMC) has partnered with Oil India Limited (OIL) to establish a biogas plant in Nayapalli, Bhubaneswar, as part of a waste-to-wealth initiative. The facility will process wet waste from the city to produce biogas fuel. The Housing and Urban Development Department has allocated 8 acres of land for the project. Initially, the plant will process 200 tonnes of wet waste daily, with the potential…
Author: PPD Team Date: December 24, 2024 India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply. The two countries share strong energy ties, with bilateral trade reaching $10.47 billion in 2023-24. Kuwait is India’s sixth-largest crude supplier…