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Government approves BioE3 policy to boost biomanufacturing
The Union Cabinet has approved the BioE3 (Biotechnology for Economy, Environment, and Employment) Policy, proposed by the Department of Biotechnology, aimed at fostering high-performance biomanufacturing in India. The BioE3 policy focuses on innovation-driven support for research and development (R&D) and entrepreneurship across various thematic sectors. It aims to accelerate technology development and commercialization by establishing biomanufacturing and Bio-AI hubs, as well as biofoundries. This policy will further reinforce government initiatives such as achieving a ‘Net…
BEE, NTH partner to enhance energy efficiency standards
The Bureau of Energy Efficiency (BEE) and the National Test House (NTH) have signed an MoU to strengthen the Standards & Labeling (S&L) Program, which promotes energy efficiency across India. BEE Secretary Milind Deore and NTH Director General Alok Kumar Srivastava signed the MoU in the presence of Ministry of Power Secretary Pankaj Agarwal and Department of Consumer Affairs Secretary Nidhi Khare. This collaboration aims to improve the accuracy and reliability of energy performance standards,…
Vestas wind turbine order backlog reaches 27 GW, valued at €28.1bn, in Q2 2024
Vestas reported an increase in its wind turbine order backlog, reaching 27 GW and valued at €28.1 billion by the end of Q2 2024, up from approximately 20GW and €20 billion in Q2 2023. This growth reflects strong offshore order intake in Poland and Germany, along with robust onshore orders in the USA. The average selling price per MW rose from €1.04 million in Q2 2023 to €1.21 million in Q2 2024. Despite a 3.9%…
Evergy plans natural gas plant investment in Kansas
Evergy, a US-based utility company, plans to build two 705 MW combined-cycle natural gas plants in Kansas to meet rising energy demands and enhance reliability. The first plant in Sumner County is expected to commence operations in 2029, while the second in Reno County is set for 2030. Kansas Governor Laura Kelly highlighted the state’s economic growth, noting that Evergy’s investment would bring substantial benefits, including jobs and tax revenue, to Hutchinson and Sumner County….
HPCL invites bids for three floating solar projects in Rajasthan, Andhra Pradesh
HPCL Renewable and Green Energy (HPRGE), a subsidiary of Hindustan Petroleum Corporation (HPCL), has issued a tender for the engineering, procurement, and construction (EPC) of three floating solar projects. The projects include a 9 MW solar installation in Jaisalmer, a 14 MW project in Balotra, both in Rajasthan and a 2 MW project in Visakhapatnam, Andhra Pradesh. The deadline for bid submissions is October 15, 2024. The selected contractor will manage the operation and maintenance…
AMPIN Energy aims to add 25 GW of RE capacity by 2030
AMPIN Energy Transition has set a goal to add 10 GWp of renewable energy capacity across various segments, including solar manufacturing and energy storage, over the next few years. This aligns with its broader commitment to contribute 25 GW of renewable capacity by 2030. Currently, AMPIN’s portfolio stands at 4 GWp, with plans to increase it to 10 GWp and expand its solar manufacturing capacity to 5 GW. The company will prioritize hybrid renewable projects…