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Elcogen secures €24.9 million EU grant for hydrogen tech expansion
Elcogen has been awarded €24.9 million from the European Union’s 2024 Innovation Fund to expand its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Tallinn, Estonia. This funding will enhance Elcogen’s role in advancing green hydrogen production and supporting the transition to green energy. The EU’s Innovation Fund allocated €4.8 billion across 85 projects in 2024, targeting a collective carbon reduction of 476 million tonnes over the…
- India | Generation | News
NTPC approves draft MoU with UCIL to evaluate overseas uranium assets
NTPC Limited has approved a draft memorandum of understanding with Uranium Corporation of India Limited (UCIL) to jointly conduct techno-commercial due diligence of overseas uranium assets. The company is preparing to expand into nuclear generation both independently and through joint ventures. Its joint venture with Nuclear Power Corporation of India Limited (NPCIL), Anushakti Vidhyut Nigam Limited (ASHVINI), will implement the 2,800 MW Mahi Banswara nuclear power project in Rajasthan. NPCIL holds 51 per cent in…
Exicom and EONEX Energy sign MoU to deploy BESS projects
Exicom has signed a memorandum of understanding with EONEX Energy, a DVN Energy Group-backed company, to deploy megawatt-hour-scale lithium-ion battery energy storage systems across Southern India. The partnership focuses on commercial, industrial and renewable integrated applications. The two companies plan to jointly develop and install systems intended to support peak load management. The systems will be designed to improve the use of solar power through advanced storage integration and to provide a reliable supply for…
EC opens €5.2bn Innovation Fund calls for net zero technologies and hydrogen
The European Commission has launched three funding calls under the Innovation Fund with €5.2bn from EU Emissions Trading System revenues. The focus is on net-zero technologies, low-carbon hydrogen, and industrial process heat. The aim is to support the EU’s 2030 targets and its 2050 neutrality goal. The net zero technologies call provides €2.9bn for projects that cut emissions and expand manufacturing of renewables, energy storage, heat pumps, hydrogen systems, and electric vehicle batteries. The European…
NHPC resumes construction on Parbati Hydro Electric Project
NHPC Limited has resumed construction work on the Parbati Hydro Electric Project Stage-II, which had previously faced roadblocks due to local opposition. The project, located on the Beas River in Kullu District, Himachal Pradesh, involves establishing an 800 MW capacity and is being developed with an investment of Rs 98.97 billion. It is situated approximately 260 km from Chandigarh.
Grenergy wins 2.1 GWh storage contracts in Poland
Grenergy, a Spanish clean energy producer, has secured capacity contracts for five standalone energy storage projects in Poland with a combined capacity of 2.1 gigawatt-hours (GWh). The contracts were awarded through an auction conducted by Polskie Sieci Elektroenergetyczne (PSE), Poland’s electricity system operator. The company said the awards represent more than 11% of the total storage capacity offered in the auction. The five projects, named Fred, George, Lucius, Hagrid and Harry, will have a combined…
