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Westinghouse and Hyundai sign contract for reactors in Bulgaria

Global, News

A consortium of Westinghouse Electric Company and South Korea’s Hyundai Engineering & Construction has secured an engineering services contract with Bulgaria’s Kozloduy NPP-Newbuild.  This contract advances the project beyond the front-end engineering and design phase towards the construction of two AP1000 nuclear reactors at the Kozloduy site. The AP1000, a Generation III+ reactor known for its passive safety systems and modular design, will play a central role in Bulgaria’s energy diversification and security efforts.  The…

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Hyundai unveils Initium hydrogen SUV concept

India, News

Marking nearly 30 years of fuel-cell electric vehicle (FCEV) innovation, Hyundai has introduced the Initium concept, an SUV embodying its “Art of Steel” design language. With a targeted range of 400 miles (644 km) and a 201 hp electric motor, the Initium represents Hyundai’s continued commitment to hydrogen as a clean energy source. The Initium will debut at Auto Guangzhou in China and the Los Angeles auto show, featuring a large-capacity hydrogen tank and aerodynamic…

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Westinghouse and Hyundai partner to explore nuclear power opportunities in Sweden and Finland

Global, News

Westinghouse Electric has partnered with Hyundai Engineering & Construction to pursue nuclear power plant (NPP) projects in Sweden and Finland. The collaboration will focus on deploying Westinghouse’s AP1000 reactor technology, with Westinghouse handling the design and technology development and Hyundai contributing its construction expertise. This partnership builds on a 2022 agreement between the companies to jointly explore global opportunities for AP1000 plants. The announcement follows Vattenfall’s plans to develop new nuclear reactors at Ringhals in…

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Hyundai to establish Rs 1.8 billion Hydrogen Innovation Center at IIT Madras

India, News

Hyundai Motor will establish a dedicated Hydrogen Innovation Center at the Thaiyur campus of IIT Madras with an estimated investment of Rs 1.8 billion. The foundation for this project was laid by Chief Minister M K Stalin on August 21 during the Tamil Nadu Investment Conclave. The state-of-the-art facility, spanning approximately 65,000 square feet on the outskirts of Chennai, will focus on developing electrolyzers for green hydrogen generation and localizing manufacturing and supply chains. Scheduled…

Power Sector News Roundup for November 6, 2024

Power Bytes

Global: Westbridge sells 75% stake in Alberta’s Sunnynook solar project to METLEN Emeren and Arpinge partner on 300MW battery storage portfolio in Italy EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS UAE’s Nakheel and DEWA partner on 132 kV substation in Palm Jebel Ali Canada proposes 35% emissions cap on oil and gas sector by 2030 ACCIONA Energía acquires 300 MW of wind capacity in Texas FTC Solar to…

Power Sector News Roundup for November 4, 2024

Power Bytes

Global: IEA report forecasts US$2 trillion clean energy market growth, challenging oil industry dominance. Germany to bury nuclear waste, but toxic dispute remains unresolved. UK Government confirms rise in oil and gas headline tax alongside investment in clean energy. Asia to spend over USD 20 billion on EVs, according to a report. Moroccan government partners with Total Energies H2 for the ‘Chbika’ green hydrogen project. Blykalla and ABB partner to develop an SMR pilot facility…

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Westinghouse extends AP1000 reactors contract in Bulgaria

Global, News

Westinghouse Electric has extended its front-end engineering and design contract with Bulgaria’s Kozloduy NPP-Newbuild for the construction of two AP1000 reactors at the Kozloduy nuclear power plant (NPP).   The partnership, which began in June 2023, focuses on evaluating Kozloduy’s infrastructure for deploying the AP1000 reactors. Following this phase, the project will move to engineering services, including design, licensing, training, project management, and site planning in preparation for construction. In early 2024, Westinghouse delivered the first…

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IIT Madras and Hindustan Zinc partner to develop zinc-air battery

India, News

The Indian Institute of Madras (IIT-M) and Hindustan Zinc have signed a Memorandum of Understanding (MoU) to jointly develop a 1 kWh electrically rechargeable zinc-air battery prototype. Zinc-air batteries, known for their long-duration storage, durability, and affordability compared to lithium-ion batteries, are emerging as a promising alternative in energy storage. Zinc, a more cost-effective material than lithium, offers significant advantages in performance and economic viability. Arun Misra, CEO of Hindustan Zinc, highlighted zinc’s crucial role…

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NEA to publish cost study of Sweden’s energy and electricity system

Global, News

The Nuclear Energy Agency (NEA) and the Swedish Government have announced a collaboration on a cost study of Sweden’s electricity and energy system. The study aims to explore the cost implications of various policy decisions and energy strategies under stringent carbon constraints, with the final report expected by the end of 2025. The announcement was made at the Roadmaps to New Nuclear 2024 conference in Paris, where NEA director-general William D. Magwood IV expressed hope…

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Automakers oppose hybrid car incentives in Uttar Pradesh

India, News

Hyundai, Kia Motors, Tata, and Mahindra are lobbying against Uttar Pradesh’s decision to offer hybrid car incentives. They argue it undermines the push for electric vehicles (EVs) and disrupts investment plans. Uttar Pradesh, which accounts for 10% of India’s car sales, recently waived registration taxes on some hybrid cars, making them 10% cheaper. This move saves up to $5,200 on a Toyota Camry hybrid. Hyundai, Kia, Tata, and Mahindra, who don’t sell hybrids in India,…