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OX2 to manage Piiparinmaki wind farm, Finland, for Nuveen
Renewable energy solutions provider OX2 has entered into an asset management agreement with Nuveen Infrastructure to manage the Piiparinmaki wind farm in Finland. OX2 will oversee the facility’s technical, commercial, and financial management, which began commercial production in the summer of 2022, to maximize its performance. Nuveen Infrastructure, the private infrastructure investment arm of global…
VNG AG and HyCC to develop 500 MW green hydrogen electrolyser in Germany
VNG AG, its subsidiary VNG Handel & Vertrieb GmbH (VNG H&V), and Dutch hydrogen company HyCC are planning to jointly develop a 500 MW electrolyser for green hydrogen production in Lutherstadt Wittenberg, Germany. The green hydrogen will be used by local industries, including SKW Piesteritz, to reduce carbon dioxide emissions by replacing natural gas. The…
Natrinai Ventures commissions 75 MW substation in Tamil Nadu
Natrinai Ventures Limited has commissioned a 75 MW, 110/33 kV pooling substation at Pudukkottai in Tamil Nadu to support power evacuation from its solar assets in the region and strengthen renewable energy transmission infrastructure. The substation has been connected to the Athanakottai 110/33 to 11 kV substation for integration with the state grid. According to…
BluPine Energy secures Rs 17.87 billion from NaBFID for renewable expansion
BluPine Energy has secured Rs 17.87 billion in structured financing from the National Bank for Financing Infrastructure and Development (NaBFID). The funds will be used to optimize financial structuring and support the company’s renewable energy expansion. The financing is structured around a restricted group of 14 special purpose vehicles (SPVs) located in Punjab, Uttarakhand, and…
Hinduja Renewables signs solar PPAs with Lloyd Metals
HR Godavari Private Limited, the special purpose vehicle (SPV) of Hinduja Renewables Energy Private Limited, has signed two power purchase agreements (PPAs) with Lloyd Metals and Energy Limited. These PPAs cover the supply of 60.7 MW (86.05 MWp) of solar power under a captive model. The agreements include one PPA for 10.7 MW (16.05 MWp)…
World Bank approves $134 million for green hydrogen hub in Brazil
The World Bank has approved a $134 million operation to support the green hydrogen strategy of the Pecém Industrial and Port Complex Company (CIPP) and the Government of Ceará. Located in Northeastern Brazil, CIPP is one of the country’s most advanced logistics and industrial zones and is emerging as a key site for green hydrogen…
