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Reliance (Anil Ambani) to develop green energy projects in Bhutan
Anil Ambani-led Reliance Group has announced plans to collaborate with Druk Holding & Investments Ltd (DHI), the commercial arm of the Royal Government of Bhutan, to develop green energy projects, focusing on solar and hydropower initiatives. The partnership will also explore innovative green technologies to support Bhutan’s net-zero goals. Reliance Group has launched a new flagship company, Reliance Enterprises, jointly promoted by Reliance Infrastructure Ltd and Reliance Power Ltd, to promote investments in Bhutan’s renewable…
RWE, TotalEnergies partner for 4 GW offshore wind projects off German coast
RWE has partnered with TotalEnergies to develop two offshore wind projects with a combined capacity of 4GW off the coast of Germany. TotalEnergies will acquire a 50% equity stake in both projects, marking a significant collaboration in renewable energy. The projects, identified as N-9.1 and N-9.2, are located between 110km and 115km northwest of Borkum Island. Each site has a potential capacity of 2GW. Investment decisions are expected in 2027 for N-9.1 and 2028 for…
Waaree Renewable posts robust Q2 growth with Rs 5,244.7 million revenue
Waaree Renewable Technologies Limited (WRTL), the solar EPC arm of Waaree Group, reported Q2 FY25 revenue of Rs 5,244.7 million, a 249.50% increase from Rs 1,500.6 million in Q2 FY24. Profit after tax (PAT) stood at Rs 535.2 million, while its unexecuted order book remains at 1.7 GWp with a 9-12 month timeline. For H1 FY25, revenue reached Rs 7,608.2 million, up 172.70% year-on-year, with an EBITDA of Rs 1,126.5 million, marking a 155.56% increase….
SSE Renewables completes key tunnelling phase at Coire Glas project
SSE Renewables has finished a critical phase in the Coire Glas pumped storage project in the Scottish Highlands, completing a 1.2km exploratory tunnel. This marks a major step forward in the UK’s first significant pumped storage scheme since 1984, located at Loch Lochy, designed to provide 30 GWh of electricity storage—enough to power three million homes for 24 hours. The tunnel, built by STRABAG UK, will provide essential geological data for the project’s final design….
Sealmatic India wins supply order from BHEL
Sealmatic India has won a contract to supply engineered mechanical seals for the DVC Raghunathpur Thermal Power Station Phase-II, with an installed capacity of 1320 MW (2 x 660 MW), through Bharat Heavy Electricals Ltd (BHEL). The order is expected to be completed within 24 weeks. Sealmatic specializes in designing and manufacturing high-precision, heavy-duty mechanical seals for power plant applications, including nuclear and thermal plants. The mechanical seals will be used in critical components such…
Origin Energy cancels 204 MW of solar projects due to low expected returns
Origin Energy has canceled its 74 MW Carisbrook and 130 MW Morgan solar projects, citing anticipated low returns on investment. The decision was revealed in the company’s recent sustainability report, where Origin stated that unfavorable conditions led to the scrapping of these developments. Despite these cancellations, Origin continues to pursue other large-scale renewable energy projects, including the Sailsbury Solar Farm, Dapper Solar Farm, and the Yanco and Yarrabee solar projects. The company remains committed to…