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Sterling Tech-Mobility collaborates with Chinese firm for EV component plant

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Sterling Tech-Mobility has announced plans to set up a manufacturing facility in Bengaluru, Karnataka, in partnership with Chinese firm Kunshan GLVAC Yuantong New Energy Technology.  This initiative will focus on producing high-voltage DC (HVDC) contactors and relays, essential components for electric and hybrid vehicles (EVs and HEVs).  Projected to generate Rs 2.5 billion in revenue by FY30, the facility aims to strengthen India’s EV supply chain by enabling domestic access to advanced technology. Sterling Tools…

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Waaree Energies secures 180 MWp solar module supply order

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Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India.  Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025.  This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.

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HP Green R&D Centre inks tie-up with EIL for hydrogen technology

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Hindustan Petroleum Corporation’s R&D arm, HP Green R&D Centre (HPGRDC), has entered a collaboration with Engineers India Limited (EIL) to commercialise its indigenous hydrogen pressure swing adsorption (HP-PSA) technology.  Under this partnership, HPCL will act as the “Technology Licensor,” while EIL will be the exclusive “Technology & Engineering Partner,” responsible for engineering, marketing, and commercialising HP-PSA technology across India. The HP-PSA technology, developed by HPGRDC, has proven effective with a six-bed hydrogen PSA unit at…

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Jupiter Power secures $225 million credit facility to boost 12,000 MW energy storage pipeline

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Jupiter Power has closed a $225 million corporate credit facility to expand its energy storage portfolio across the United States.  The facility includes up to $175 million in letters of credit and $50 million in revolving loans.  Coordinated by Barclays Bank PLC, HSBC Bank USA, and Sumitomo Mitsui Banking Corporation, this financing will support Jupiter Power’s 12,000 MW development pipeline. Kirkland & Ellis acted as counsel for Jupiter Power, while Latham & Watkins represented the…

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FERC rejects plan to expand Amazon data centre capacity

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The US Federal Energy Regulatory Commission (FERC) has rejected a proposed amendment to increase Amazon’s data centre load capacity at the Susquehanna nuclear facility in Pennsylvania from 300 MW to 480 MW.  The amended interconnection service agreement, executed between Talen Energy, PJM Interconnection, and PPL Electric Utilities, aimed to expand capacity at the data center. FERC raised concerns about the public impact of this increased capacity, noting potential risks to grid stability and consumer power…

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NSW approves Liverpool Range wind farm expansion

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The New South Wales (NSW) government has approved an amendment to expand the Liverpool Range wind project to 1.3 GW by utilizing fewer, more efficient turbines.  Initially approved in 2018, the project modification requested in 2022 aims to boost energy generation with updated technology and a reduced turbine count. Located northeast of Mudgee in NSW’s Central-West Orana Renewable Energy Zone (REZ), the $2 billion investment will create 550 jobs during construction and 47 permanent roles…

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Primergy Solar secures $225 million for Valley of Fire renewable projects

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Primergy Solar has secured $225 million in project financing for its Valley of Fire (VoF) renewable energy portfolio across Nevada, Colorado, and Arizona.  This financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank to support additional VoF developments. The VoF portfolio comprises the recently commissioned Gemini Solar + Storage project and five other ventures, collectively offering 2.65 GW of solar…

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TechnipFMC and Prysmian collaborate for floating offshore wind energy solutions

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TechnipFMC and Prysmian have entered into a partnership to deliver a comprehensive solution for floating offshore wind projects, integrating expertise from the seabed to the ocean surface.  This collaboration combines TechnipFMC’s proficiency in dynamic offshore system design with Prysmian’s leadership in submarine power cable systems. The agreement aims to streamline project delivery through a full engineering, procurement, construction, and installation (EPCI) model, optimizing mooring, anchoring, and both inter-array and export cabling systems. This integrated approach…

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GE Vernova completes FEED studies to cut emissions in Saudi plants

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Electric services company GE Vernova, in collaboration with Saudi Arabia’s Ash Sharqiyah Operations & Maintenance Company (ASHOMCo), has completed three front-end engineering design (FEED) studies to reduce net carbon emissions at three cogeneration plants in Saudi Arabia.  These plants, equipped with GE Vernova’s 7E and 7F gas turbines, collectively generate up to 920 MW of power and 1,400 tonnes per hour of steam, providing energy for around 920,000 homes. The FEED studies explored pre-combustion and…

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Avista to acquire 10% stake in 3 GW North Plains Connector transmission project

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Avista has signed a nonbinding memorandum of understanding to take a 10% ownership stake in the North Plains Connector, a 3 GW high-voltage direct current (HVDC) transmission line by Grid United’s subsidiary.  This 420-mile line will connect the US eastern and western electric grids between Montana and North Dakota, enabling bi-directional power transport from various generation sources. The North Plains Connector, linking the Midcontinent Independent System Operator, Western Interconnection, and Southwest Power Pool, will enhance…