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Hindustan Power to develop 120 MWh battery storage system in Bihar
Hindustan Power has received a Letter of Intent (LoI) from Bihar State Power Generation Company Limited (BSPGCL) to develop a 120 MWh standalone battery energy storage system (BESS). The project was awarded through tariff-based competitive bidding. The storage capacity will be distributed across three substations in Bihar—Bhagalpur, Udakishanganj, and Sitamarhi—with 40 MWh installed at each…
USD 2 billion Thai Binh LNG power plant to begin construction in 2025
The USD 2 billion Thai Binh LNG power plant project in northern Vietnam will begin construction in late 2025 after completing its feasibility study by mid-year. Led by Thai Binh LNG Power JSC, a joint venture of Japan’s Tokyo Gas, Kyuden International, and Vietnam’s Truong Thanh Vietnam Group, the plant aims to generate 10 billion…
Ofgem approves funding for transmission projects in Scotland
The British Office of Gas and Electricity Markets (Ofgem) has approved funding for several transmission infrastructure projects in Scotland, enabling SSEN Transmission to begin pre-construction activities such as community consultations and supply chain engagement. These projects align with the Centralised Strategic Networks Plan, Beyond 2030, published in March 2024, which calls for £58 billion in…
Reliance Power to develop 500 MW solar project in Bhutan with DHI
Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is the investment arm of the Royal Government of Bhutan. The agreement outlines a 50:50 joint venture between Reliance Power and DHI to…
Land delays, Suzlon’s troubles, COVID: none of it excuses skipping a signed PPA, says CERC
The Central Electricity Regulatory Commission (CERC) has dismissed a petition filed by Betam Wind Energy Private Limited (BWEPL), a subsidiary of the Engie Group, seeking discharge from its obligation to execute a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 200 MW wind power project. The Commission held…
Gevo secures DOE loan for Net-Zero aviation fuel plant in South Dakota
Gevo has obtained a conditional $1.46 billion loan guarantee from the US Department of Energy’s (DOE) Loan Programs Office for its Net-Zero 1 (NZ1) project in Lake Preston, South Dakota. Including capitalised interest, the loan facility provides a borrowing capacity of $1.63 billion. The NZ1 plant will use 100% US-sourced feedstocks to produce approximately 60…
