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India | News

O2 Power secures order for 800 MWh BESS project in Rajasthan
By January 15, 2025January 15, 2025

O2 Power has secured an order to develop an 800 MWh battery energy storage system (BESS) under the Solar Energy Corporation of India Limited’s competitive bidding for the firm dispatchable renewable energy (FDRE VI) program. The BESS project will be located near an operational substation in Rajasthan, taking advantage of the state’s abundant solar and land resources. It will use existing evacuation infrastructure to minimize delays and combine battery storage with solar power to deliver…

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India | News

MoP releases new guidelines for battery swapping and charging stations
By January 15, 2025January 15, 2025

The Ministry of Power has released the ‘Guidelines for Installation and Operation of Battery Swapping and Battery Charging Stations’, aimed at enhancing India’s electric vehicle (EV) ecosystem. The guidelines promote battery swapping as a faster alternative to traditional charging, enabling users to replace discharged batteries with pre-charged ones, reducing downtime and improving convenience for EV owners. The guidelines apply to all entities involved in battery swapping services, including operators of Battery Charging Stations (BCS) and…

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India | News

Hinduja Renewables to set up 600 MW solar power park in Jhansi
By January 15, 2025January 15, 2025

Hinduja Renewables Energy Private Limited received a Letter of Award (LoA) on January 6, 2025, for the 600 MW Jhansi Solar Power Park Project in Uttar Pradesh. TUSCO Limited, a joint venture of UPNEDA and THDC India Limited, invited bids for Solar Power Developers (SPDs) in August 2024. The project involves constructing cable trays, internal drainage systems, 33kV cables, land levelling, and installing power generation equipment. It also includes geotechnical surveys, Operation and Maintenance (O&M)…

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Global | News

GE Vernova secures order for 14 turbines for wind farms in Japan
By January 14, 2025January 14, 2025

GE Vernova’s Onshore Wind division has secured an order to supply 14 4.2 MW-117m turbines for the Iwaya and Shitsukari wind farms in Aomori, Japan. Developed by Eurus, the projects are expected to begin commercial operations by 2028. This order, secured in the fourth quarter of 2024, is part of GE Vernova’s continued efforts to support Japan’s renewable energy goals. This is the fourth major order for GE Vernova in Japan since early 2024. With…

Read More GE Vernova secures order for 14 turbines for wind farms in Japan
Global | News

EAAIF commits USD 20 million to CME Solar in Vietnam
By January 14, 2025January 14, 2025

The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has committed USD 20 million to CME Solarin Vietnam to develop a pipeline of rooftop solar projects, potentially scaling to over 260 MWp. This investment supports Vietnam’s green growth goals and accelerates the energy transition in key industries like electronics, textiles, and manufacturing. With coal accounting for 45% of Vietnam’s energy supply, this initiative aims to reduce carbon emissions and promote renewable energy…

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Global | News

Deye unveils Micro Hybrid energy storage system
By January 14, 2025January 14, 2025

Solar inverter manufacturer Deye has launched the AE-F(S)2.0-2H2 Micro Hybrid energy storage system (ESS), an all-in-one unit combining an energy storage micro-inverter, battery modules, and a battery management system (BMS). Designed for home and outdoor applications, the system offers 24/7 intelligent monitoring and power management through Lora smart communication and an intuitive app interface. The system includes a 2 kWh lithium iron phosphate (LFP) battery, expandable to 10 kWh, with a lifespan of 6,000 cycles…

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Global | News

GenusPlus secures A$270m contract for Clean Energy Link project in WA
By January 14, 2025January 14, 2025

GenusPlus Group has won a A$270m ($167m) contract from Western Power for the Clean Energy Link – North Region project in Western Australia (WA). This initiative will enhance WA’s electricity network, boosting renewable energy capacity and supporting the state’s net-zero target by 2050. The contract includes designing and constructing two new 132kV and 330kV transmission lines, terminals at Regans Ford and Eneabba, and augmenting the existing Northern and Eneabba 330kV terminals. It also involves building…

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Global | News

Europe’s wind power growth falls short of 2030 targets
By January 14, 2025January 14, 2025

Europe added 15 GW of new wind energy capacity in 2024, including 13 GW from onshore and 2.3 GW from offshore projects, according to WindEurope. This falls significantly short of the 30 GW annual additions needed to meet the EU’s 2030 climate and energy goals. Wind power currently provides 20% of Europe’s electricity. The EU aims to increase this share to 34% by 2030 and over 50% by 2050. However, challenges in permitting, grid connections,…

Read More Europe’s wind power growth falls short of 2030 targets
Global | News

Constellation to acquire Calpine for $16.4bn
By January 14, 2025January 14, 2025

Constellation has announced its acquisition of Calpine in a cash and stock transaction valued at $16.4bn, including 50 million Constellation shares, $4.5bn in cash, and the assumption of $12.7bn in net debt. The deal brings the total net purchase price to $26.6bn after factoring in expected cash generated by Calpine and tax attributes. The transaction, expected to close by January 2026, is subject to regulatory approvals and customary conditions. Constellation plans to fund the cash…

Read More Constellation to acquire Calpine for $16.4bn
Global | News

PPC Renewables orders 100 MW of wind turbines for Greek projects
By January 14, 2025January 14, 2025

PPC Renewables, a subsidiary of PPC Group, has ordered 19 Nordex N149/5.X turbines, totalling 100 MW of capacity, for three wind farms in Greece. These include Rodopi in northern Greece, Livadaki in Phocis, and Timenio in Arcadia. The turbines, with 100-meter hub heights, will be maintained under a 20-year Premium Service contract. Upon completion in 2026, the wind farms will generate over 280 GWh annually, reducing CO₂ emissions by more than 142,000 tonnes. Nordex Group…

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