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UK and Scottish governments plan clean energy consent reforms
The UK and Scottish governments have announced a collaborative proposal to reform the consent process for clean energy projects in Scotland. The Department of Energy Security and Net Zero has outlined plans to modernize outdated legislation, aiming to reduce the approval time for large electricity infrastructure projects, which currently can extend up to four years. This initiative seeks to bring Scotland’s approval timeline in line with recent legislative changes in England and Wales, which have…
Exicom acquires Tritium for USD 37 million
Exicom, an EV charging solutions provider, has acquired Tritium, a global leader in direct current (DC) fast charging technology, for USD 37 million. As part of the acquisition, Exicom will establish a manufacturing facility in Hyderabad by the end of 2025 to produce advanced EV charging solutions using Tritium’s technology. The acquisition includes absorbing Tritium’s entire workforce of 300 employees, allowing Exicom to enhance its operational capabilities across multiple geographies. Tritium’s expertise in designing and…
RWE begins construction of ultra-fast battery energy storage system in Netherlands
RWE has started construction of a 7.5 MW ultra-fast battery energy storage system (BESS) at its Moerdijk power plant in the Netherlands. With a storage capacity of 11 MWh, the system aims to enhance grid stability by quickly providing or absorbing electricity within milliseconds. The Moerdijk BESS is a key part of the system integration solutions for OranjeWind, an offshore wind project in collaboration with TotalEnergies. The project will help integrate renewable energy into the…
Acwa commissions 700 MW AlRass1 solar PV project in Saudi Arabia
Acwa Power has commissioned the 700MW AlRass1 solar photovoltaic (PV) project in Saudi Arabia. The project, located in Al Qassim province, has commenced power generation after receiving a commercial operation certificate. Acwa Power holds a 40.1% stake in the AlRass Renewable Energy Company, with Badeel, a subsidiary of the Public Investment Fund, and China’s State Power Investment holding 20% and 39.9% stakes, respectively. The financial impact of the AlRass1 project is expected to be reflected…
EDF Renewables signs PPA with OPPD for 300 MW Milligan 1 Wind project
EDF Renewables North America has entered a 20-year power purchase agreement (PPA) with Omaha Public Power District (OPPD) to supply clean energy from its 300MW Milligan 1 Wind project in Nebraska. Operational since 2021, Milligan 1 is owned and developed by EDF Renewables. OPPD President Javier Fernandez highlighted the project’s role in diversifying and expanding OPPD’s energy portfolio, which will help meet the growing electricity demand in Nebraska. OPPD aims to add 3.2 GW of…
Telangana secures Rs 315 billion investment during Chief Minister’s US visit
During Telangana Chief Minister A Revanth Reddy’s visit to the US, the state secured investment deals worth Rs 315 billion, 19 investment deals and MoUs. Key sectors benefiting from these investments include IT, Global Capability Centers (GCC), life sciences, pharmaceuticals, data centres, AI, cloud services, electric vehicles, green energy, FMCG, and manufacturing. Major announcements in the IT sector include a new Global Capability Center by Charles Schwab and significant expansions by global IT giants Cognizant…