ACWA Power has signed a power purchase agreement (PPA) with PT Perusahaan Listrik Negara (PLN) for the 60 MW Saguling floating solar photovoltaic (PV) project in Indonesia. This project is part of PLN’s strategy to increase the share of renewables to 23% by 2025. The Saguling project, along with the Singkarak floating solar PV project, represents a combined investment of USD 105 million.
Eskom has reconnected Unit 2 of the Koeberg nuclear power station to South Africa’s national grid, adding 930MW to the country’s power supply. This move supports Eskom’s Generation Operational Recovery Plan to increase capacity by 2.5GW by March 2025. Unit 2 underwent an extensive long-term operation (LTO) programme, extending its operational life by 20 years. The maintenance included replacing steam generators, conducting inspections, and refuelling. This follows the successful LTO of Unit 1 in 2023,…
Aravinda Electricals Infra has emerged as the lowest bidder (L1) for a project by Power Transmission Corporation of Uttarakhand (PTCUL). The project involves constructing a 220 kV Gas-insulated Substation (GIS) in Ghansali. The company’s quoted bid value is Rs 1.73 billion.
Kerala State Electricity Board Limited (KSEB) has signed an agreement with the Solar Energy Corporation of India Limited (SECI) to boost solar energy in Kerala. The deal aims to reduce power purchase costs by at least 10%, with KSEB set to buy 500 MW of solar power from SECI at Rs 3.49 per unit. The 25-year power supply agreement will begin by September 2026, with provisions for supplying power during peak-demand hours after 6 pm.
Brookfield, a global real assets firm, has proposed an investment of over Rs 500 billion in Andhra Pradesh over the next three to five years, focusing on renewable energy projects, particularly in wind and solar power. Evren, a clean energy platform promoted by Brookfield and Axis Energy, committed to the investment during the meeting. The company plans to install 1,380 MW of solar power and 1,640 MW of wind power by 2026, with additional capacities…
CWP Global has teamed up with Angola’s state-owned Sonangol and German engineering firms Conjuncta and Gauff to develop a 600 MW green hydrogen project in Angola. The project aims to produce green ammonia, with the first phase targeting 400,000 tonnes annually and plans for future expansion. Leveraging existing infrastructure, including power generation, ports, and grid systems, the project will primarily focus on exporting green ammonia, positioning Angola as a significant player in the global green…
REC participated in the Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) in Gandhinagar, Gujarat, from September 16-18, 2024. The company signed non-binding memorandums of understanding (MoUs) with renewable energy developers, totalling approximately Rs 1,120 billion, to be implemented over the next five years. These MoUs encompass a wide range of projects, including solar and wind hybrid projects, round-the-clock (RTC) renewable power, firm and dispatchable renewable energy (FDRE), floating solar plants, hydroelectric power projects,…