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Mammoet to manage monopiles for RWE’s offshore wind projects in Europe
Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set to begin in 2025, with grid connection…
Apar Industries reports 25% YoY growth in transformer oil volume for Q2FY25
Apar Industries recorded a 25% year-on-year increase in transformer oil volume in Q2FY25, driven by robust global demand. For the first half (H1) of FY25, transformer oil volume rose by 22.7%. Performance across other segments: ConductorsVolume growth remained flat in Q2FY25, primarily due to reduced exports amid increased competition from China and slow overseas demand. The export mix dropped to 18.7% from 48.3% in Q2FY24. Despite these challenges, premium products represented 42.2% of revenue in…
Masdar and SOCAR achieve financial close for 760MW solar projects in Azerbaijan
Masdar and SOCAR Green have achieved financial close for two solar projects in Azerbaijan: the 445MW Bilasuvar plant and the 315MW Neftchala plant, with a combined capacity of 760MW. The total investment for the projects exceeds $600 million, funded by the European Bank for Reconstruction and Development, the Asian Development Bank, and the Asian Infrastructure and Investment Bank. The financial agreements were signed during the COP29 conference in November 2024 in Baku, Azerbaijan. Groundbreaking for…
Soshe secures EPC contract for 1 MW solar project in Andhra Pradesh
Telangana-based solar developer Soshe Power Tech has won the engineering, procurement, and construction (EPC) contract for a 1 MW solar project from Indian Oil (IOCL) in Chittoor, Andhra Pradesh. The contract is valued at Rs 44.75 million. The project is expected to be completed in six months.
Ahasolar Technologies wins consultancy contract for 300 MW solar project in Gujarat
Ahasolar Technologies Limited has received a work order worth Rs 11 million from Coal India Limited (CIL) to serve as the engineer and project management consultancy for a 300 MW solar photovoltaic (PV) plant at Gujarat Industries Power Company Limited’s (GIPCL) solar park in Khavda, Gujarat. The project is expected to be completed within 27 months.
UK closes its last coal-fired power station, marking the end of a 142-year era
The UK shut down its last coal-fired power station, Ratcliffe-on-Soar in Nottinghamshire, on September 30, 2024, marking a historic shift towards renewable energy. The Uniper-owned plant, which was “desynced” from the grid system shortly after 3 pm, ends the country’s 142-year reliance on coal for electricity production. Since 1882, when the UK became the first nation to use coal for public power generation, coal has played a pivotal role in its energy supply. However, coal’s…