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Power Mech wins Rs 5.1 billion contract from Adani Power
Power Mech Projects Limited won a contract from Adani Power Limited (APL) worth Rs 5,100 million for civil and mechanical construction works for the 1,600 MW Raipur (Raikheda) Ultra Super-Critical Thermal Expansion Project on November 29, 2024. The work is expected to be completed in 34 months. The plant is an Ultra Super-Critical expansion by…
Intersect Power, Google, and TPG Rise Climate to build clean energy
Intersect Power has partnered with Google and TPG Rise Climate to co-locate renewable energy infrastructure with data centres, aiming to meet the growing demand for clean power while reducing reliance on long-distance transmission. The initiative plans a $20 billion investment in renewable energy and storage by 2030, focusing on enhancing speed of deployment, grid reliability,…
EAC recommends EC for Nabinagar Stage II and ToR for Thiruvallur project
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC), in its latest meeting, has recommended environmental clearance (EC) for the 3×800 MW Nabinagar Coal-Based Thermal Power Project Stage II and granted Terms of Reference (ToR) for the Thiruvallur Combined Cycle Thermal Power Project. Nabinagar Coal-Based Thermal Power Project Stage…
France to launch 9.2 GW offshore wind tenders
France is preparing to launch tenders for two fixed and three floating offshore wind farms, totalling 9.2GW, in the autumn and winter of 2024/25. The French Energy Ministry has identified key locations for these projects, including offshore areas near Fecamp in northwest France, Brittany, the western Gascogne Gulf, and the southern Mediterranean coast. French Energy…
Zelestra locks €146.6m to build six solar projects in Spain
Zelestra has secured €146.6 million in green financing to build six solar photovoltaic (PV) projects in Spain. The projects will form two clusters—Belinchón and Brazatortas—adding a combined capacity of 237 megawatt direct current (MWdc). The financing package covers 21 power purchase agreements (PPAs). BNP Paribas and Rabobank led the arrangement. Both acted as mandated lead…
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…
