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Voltalia and TAQA Arabia partner for Zafarana wind farm in Egypt

Voltalia and TAQA Arabia have signed a memorandum of understanding (MOU) with Egypt’s Ministry of Electricity to repower the 545 MW Zafarana wind farms, originally commissioned two decades ago. The partnership will also develop a 3 GW hybrid renewable energy solution comprising 1.1 GW of wind power and 2.1 GW of solar power. The first phase of the project is expected to be commissioned in 2028. Technical and environmental studies will assess wind speeds, solar…

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Synera Renewable secures permit for Formosa 4 wind project in Taiwan

Synera Renewable Energy (SRE) has received an establishment permit from Taiwan’s Energy Administration for its 495MW Formosa 4 Offshore Wind Project, marking a key milestone in Taiwan’s Phase 3 Zonal Development of Offshore Wind. Located off Miaoli County, Formosa 4 is the first project in this auction round to secure a local government letter of consent, a vital step toward the final establishment permit. Once operational, Formosa 4 will power over 500,000 households, making it…

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REC incorporates two subsidiaries for transmission projects in Madhya Pradesh and Andhra Pradesh

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has announced the incorporation of two new wholly owned subsidiaries: Mahan Transmission Limited and Kurnool-IV Transmission Limited. Mahan Transmission Limited will oversee the Transmission System for Evacuation of 1230 MW Power (MPPTCL portion) from the 2×800 MW thermal power project of Mahan Energen Ltd. Kurnool-IV Transmission Limited will manage the Transmission System for Integration of Kurnool-IV Renewable Energy Zone (Phase-I, 4.5…

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MNRE sets new terms for rooftop solar CFA under PM Surya Ghar Yojana

The Ministry of New and Renewable Energy (MNRE) has issued specific guidelines for real estate developers and promoters to access Central Financial Assistance (CFA) under the PM Surya Ghar: Muft Bijli Yojana (PMSGY). The initiative aims to promote widespread adoption of rooftop solar installations in residential housing complexes. According to the new terms, developers must provide an undertaking that the rooftop solar assets supported under the PMSGY will be handed over to the respective group…

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MoEFCC eases compliance for renewable energy projects

The Ministry of Environment, Forests, and Climate Change (MoEFCC) has simplified compliance requirements for renewable energy projects. Solar module manufacturing units, solar and wind power projects, and mini hydel projects under 25 MW are now exempt from obtaining Environmental Clearance (EC) and Consent to Establish (CTE). Additionally, projects with an EC will no longer require a separate CTE or Consent to Operate, reducing duplication in the process. A standard operating procedure will integrate CTE considerations…

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NTPC and ONGC establish JV for renewable energy projects

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, and ONGC Green Energy Limited (OGL), a subsidiary of Oil and Natural Gas Corporation (ONGC), have formed a 50:50 joint venture named ONGC NTPC Green Private Limited (ONGPL).  The Ministry of Power approved the formation of this joint venture, which has an authorised capital of Rs 1 million. ONGPL will focus on renewable energy projects, including greenfield developments and acquisitions of existing assets, with a particular…

Power Sector News Roundup for November 14, 2024

Global: NSW approves A$4.8bn Humelink transmission project Ramboll completes acquisition of K2 Management Capital Dynamics secures £48.5m funding for Scottish onshore wind projects Oklo signs LOIs with data centres to supply 750MW of low-carbon power Bureau Veritas acquires Versatec Energy to expand energy sector services Six nations join pledge to triple nuclear power by 2050 at COP29 rPlus Energies secures PPA with Idaho Power for 125MW Pleasant Valley Solar 2 project Orlen Group secures EIB…

Power Sector News Roundup for November 12, 2024

Global: ACCA report warns of inadequate climate preparedness among businesses. EnBW to install a 100 MW battery storage system in Marbach, Germany. ScottishPower signs £1 billion deal with Siemens Gamesa for East Anglia 2 offshore wind farm. Entrion Wind secures US patent for FRP monopile technology. SPPC awards 7.2 GW power project contracts under Saudi Vision 2030. Energy Vault to build a 57 MW battery storage project in Texas. Nexans to sell AmerCable to Mattr…

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Elapath Energy and RenewableErgon to develop 150 MW solar project in Taiwan

Elapath Energy and RenewableErgon are set to develop a 150 MW solar project in Budai, Chiayi County, Taiwan, with an estimated investment of $250 million.  The project is slated to begin its first phase in December 2024, pending approval from Taiwan’s Energy Administration under the Ministry of Economic Affairs (MOEA), and is expected to be completed by February 2025. RenewableErgon, a blockchain-based platform, integrates smart contracts, dynamic electricity pricing, and investment opportunities in renewable projects….

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SECI debars Reliance Power and subsidiaries from tenders over fake documents

The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake document by R-Power for a SECI tender issued in June.  The notice, released on November 6, under the Ministry of New and Renewable Energy (MNRE), specifies that entities, including Reliance NU BESS Limited and other subsidiaries of Reliance Power, are prohibited from SECI tenders until 2027….