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Vedanta plans Rs 1,000 billion investment in Rajasthan
Mining and metals conglomerate Vedanta plans to invest nearly Rs 1,000 billion in Rajasthan, with a significant portion earmarked for renewable power projects. Vedanta’s major businesses, including Hindustan Zinc and Cairn India, are based in Rajasthan. The company has already invested over Rs 1,000 billion in the state in recent years to create opportunities, strengthen industries, and empower communities. Looking ahead, Vedanta aims to invest an additional Rs 1,000 billion, with a focus on large-scale…
GE T&D India secures €150 million orders from global entities
GE T&D India Ltd has announced securing two international orders totalling €150 million from its group entities. The first order, valued at €100 million, was placed by Grid Solutions SAS, France, and the second, worth €55 million, was awarded by Grid Solutions Middle East FZE, Dubai. Both orders involve the supply and supervision of high-voltage products, which will be part of larger projects executed by the respective group entities for their end customers. The projects…
Fidra Energy and Sungrow partner on 4.4GWh BESS projects in the UK
Sungrow announced that it has signed a strategic agreement with Fidra Energy to deliver 4.4 GWh of energy storage capacity. This is part of Fidra’s goal to establish a 10GW battery energy storage system (BESS) platform across the UK and Europe by 2030. Sungrow will supply its PowerTitan 2.0 liquid-cooled energy storage system and provide long-term maintenance services for two flagship UK projects under this partnership. The first installation will be at Fidra’s Thorpe Marsh…
Honeywell, Repsol partner to advance biofuels, recycling technologies
Honeywell and Repsol are collaborating to develop and scale new technologies for producing biofuels and circular materials. The partnership will utilize Honeywell’s processes to convert waste materials like fats, oils, and biomass into renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel, at Repsol’s refineries. Repsol is also considering Honeywell’s UpCycle Process Technology to enhance plastic recycling capabilities, aiming to recycle up to 90% of waste plastics. This collaboration supports Repsol’s goal of achieving…
Oklo signs LOIs with data centres to supply 750MW of low-carbon power
US-based Oklo, a developer of fast fission power plants, has secured letters of intent (LOIs) to provide up to 750 MW of low-carbon energy to two data centre providers. Under these LOIs, Oklo will deploy its Aurora powerhouses, which offer scalable solutions of 15 MW and 50 MW units, for direct on-site or nearby power generation in select markets. Oklo’s deployment model aims to reduce reliance on traditional power grids, enhancing grid stability and potentially…
ADB sanctions $434.25 million loan for renewable energy development in Assam
The Asian Development Bank (ADB) has approved a $434.25 million loan to support renewable energy initiatives and enhance energy security in Assam. The project will establish a 500 MW grid-connected solar photovoltaic facility in the Karbi Anglong district, along with a grid-connected battery energy storage system to stabilize the grid and manage peak power demands. This initiative aligns with Assam’s renewable energy goals, contributing to the state’s renewable energy roadmap and increasing solar capacity to…