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INOX India bags contract for UK’s first liquid air energy storage facility

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INOX India Ltd (INOXCVA) has secured a major contract with Highview Power for its Liquid Air Energy Storage (LAES) project in Carrington, Manchester. As part of the deal, INOXCVA will deliver five high-pressure, 690kl vacuum-insulated cryogenic tanks, the largest of their kind ever fabricated by the company. This contract strengthens INOXCVA’s foothold in the global cryogenic equipment market and aligns with the growing demand in the energy storage sector. Siddharth Jain, Promoter and Non-Executive Director…

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NTPC achieves world-first CO2-to-methanol synthesis at Vindhyachal plant

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NTPC has synthesised CO2 captured from flue gas with hydrogen produced from a PEM electrolyser to create methanol at its Vindhyachal plant.  NTPC Chairman Gurdeep Singh, speaking at the company’s 50th Raising Day, highlighted that both the CO2 capture plant and the CO2-to-methanol plant are the first of their kind globally, a historic advancement in sustainable fuel production. NTPC is also progressing in areas like Gen-4 ethanol, green urea, and sustainable aviation fuel. The company…

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EKI Energy registers Azerbaijan’s first voluntary carbon market solar project

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EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy. Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s national grid without fossil fuel…

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Battery storage critical for India’s shift from coal, renewable capacity lags behind

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India’s transition to renewable energy is encountering significant obstacles, according to a new report by Zero Carbon Analytics, as the country strives to meet its ambitious target of 500 GW of non-fossil fuel capacity by the early 2030s. Although renewable energy investment reached USD 12.4 billion in 2023, it is far from the USD 200 billion needed to achieve this goal. To stay on track, India needs to add 300 GW of new renewable capacity…

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TERI unveiled policy brief for India’s green hydrogen roadmap towards decarbonization

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The Energy and Resources Institute (TERI) has unveiled a policy brief, Green Hydrogen – Path to Decarbonization, thoroughly analysing India’s green hydrogen initiatives.   India’s targets under the Green Hydrogen Mission include 5 million tons of green hydrogen annually by 2030, potentially increasing to 10 million tons as demand grows. The government has allocated Rs 197.44 billion for this mission, primarily funding the Strategic Interventions for Green Hydrogen Transition (SIGHT) program and pilot projects to support…

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Nigeria commits NGN500 billion to revitalise abandoned power projects

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The Nigerian government has committed over NGN 500 billion to reactivate more than 100 stalled projects of the Transmission Company of Nigeria (TCN) to enhance the nation’s power supply.  Many of these projects are nearing completion, with some achieving over 80% progress.  The Ministry of Power has requested a dedicated budget allocation for 2025 to support these initiatives, aiming to improve electricity distribution across the country.  To bolster the grid’s resilience, the ministry is also…

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STMicroelectronics signs PPA with BKH Solar for Malaysian operations

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STMicroelectronics has signed a 21-year power purchase agreement with BKH Solar, a joint venture between ENGIE Renewable SEA Pte Ltd and Conextone Energy Sdn Bhd, to procure around 50 GWh of renewable energy annually from a solar farm in Bukit Kayu Hitam, Kedah, Malaysia.  This agreement, under Malaysia’s Corporate Green Power Program, supports ST’s 2027 targets for carbon neutrality and full renewable energy sourcing across its operations, including its high-volume test and assembly facility in…

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Vårgrønn acquires 27.4% stake in Germany’s Baltic 2 offshore wind farm

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Norwegian renewable energy company Vårgrønn has secured a 27.4% stake in the 288 MW Baltic 2 offshore wind farm from PGGM Infrastructure Fund.  EnBW will retain its majority ownership at 50.1% and continue managing operations and maintenance, while Germany’s largest pension fund, Ärzteversorgung Westfalen-Lippe, will maintain a 22.5% indirect stake. Located 32 km off the coast of Rugen in the German Baltic Sea, Baltic 2 has been operational since September 2015, generating electricity through 80…

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Seaway7 to provide ScottishPower’s East Anglia offshore cables

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ScottishPower Renewables has awarded Seaway7 a contract for the transport and installation of inter-array cables for the 960 MW East Anglia TWO offshore wind project, located 33 km off England’s east coast in the North Sea.  The contract involves the engineering, supply, and installation of 64 inter-array cables, with project execution managed from Seaway7’s Aberdeen office. Offshore operations are scheduled to commence in 2027. Awarded in the UK government’s Contracts for Difference (CfD) round in…

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Ireland releases geophysical data ahead of 900 MW offshore wind auction

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The Irish government’s Department of the Environment, Climate and Communications has released crucial geophysical data for the country’s second offshore wind auction, ORESS Tonn Nua, aimed at securing 900 MW of clean energy from a site off County Waterford. The bidding is scheduled for early 2025, following the finalization of auction terms on October 30, 2024. This auction will be Ireland’s first conducted under the South Coast Designated Maritime Area Plan (SC DMAP), the state’s…