GreenGo Energy to develop green hydrogen project in Mauritania
Author: PPD Team Date: 19/02/2025
Author: PPD Team Date: 19/02/2025
GreenGo Energy has signed an agreement to develop the Megaton Moon Green Hydrogen Project in Mauritania. The agreement grants GreenGo Energy access to over 100,000 hectares of land near Nouakchott for the project’s development.
With this, the company has entered the development phase, which includes detailed site and geotechnical surveys, meteorological data collection, and feasibility studies. The full project capacity will feature 6 GW of electrolysis, 6.8 GW of onshore wind, and 6.3 GWp of solar photovoltaic (PV). Phase 1, scheduled for completion by the end of 2029, will deploy 500 MW of electrolysis, 600 MW of onshore wind, and 600 MWp of solar PV.
Denmark-based GreenGo Energy is currently developing and constructing over 35 GW of renewable energy projects, including solar, wind, battery energy storage systems (BESS), and large-scale Power-to-X (PtX) initiatives across nine US states, Europe, and Africa/MENA.
Author: PPD Team Date: 11/03/2025 SJVN Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh to develop an 1,800 MW pumped hydro storage project (PSP) at Kotpali, with an estimated investment of Rs 95 billion. Located in the Balrampur district, the off-stream closed-loop Kotpali PSP will have an installed capacity of 1,800 MW, generating approximately 3,967 million units (MU) of energy annually. The project is expected to create 5,000 direct and…
Author: PPD Team Date: 17/01/2025 Japan Bank for International Cooperation (JBIC) has signed an agreement with Power Finance Corporation Limited (PFC) to finance renewable energy projects in India. Under the agreement, JBIC and PFC will establish a credit line of Rs 66.73 billion (120 billion JPY), with JBIC contributing Rs 40.04 billion (72 billion JPY). This initiative is part of JBIC’s GREEN (Global action for Reconciling Economic growth and Environmental preservation) operations. The funding will…
Author: PPD Team Date: 10/06/2025 REC Limited has received approval from the Central Board of Direct Taxes (CBDT), Ministry of Finance, to issue zero coupon bonds worth Rs 50 billion. These bonds will have a tenure of ten years and six months. They will be issued at a deep discount and redeemed at face value upon maturity. The structure offers tax benefits to investors under the Income Tax Act, 1961. REC had previously launched a…
India’s first indigenously developed megawatt-scale green hydrogen plant has been inaugurated at Deendayal Port Authority (DPA), Kandla.
Author: PPD Team Date: 22/11/2024 Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024. Axpo’s solar division, through its subsidiary Urbasolar, secured 124 MWp across 20 projects in nine French regions. These projects include ground-mounted, agricultural photovoltaic (PV), and floating PV installations. With this award, Axpo’s cumulative solar capacity from CRE tenders has…
Author: PPD Team Date: 24/10/2024 The Asian Development Bank (ADB) has approved a USD 241.3 million financing package to enhance electricity distribution in West Bengal, ensuring a reliable and sustainable power supply. This program aligns with the revamped distribution sector scheme (RDSS) to strengthen operational efficiency in power distribution companies. The West Bengal Distribution System Strengthening Program will cover seven districts, benefiting 8.96 million consumers. Key components of the program include replacing low-tension overhead lines…
Author: PPD Team Date: 11/03/2025 SJVN Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh to develop an 1,800 MW pumped hydro storage project (PSP) at Kotpali, with an estimated investment of Rs 95 billion. Located in the Balrampur district, the off-stream closed-loop Kotpali PSP will have an installed capacity of 1,800 MW, generating approximately 3,967 million units (MU) of energy annually. The project is expected to create 5,000 direct and…
Author: PPD Team Date: 17/01/2025 Japan Bank for International Cooperation (JBIC) has signed an agreement with Power Finance Corporation Limited (PFC) to finance renewable energy projects in India. Under the agreement, JBIC and PFC will establish a credit line of Rs 66.73 billion (120 billion JPY), with JBIC contributing Rs 40.04 billion (72 billion JPY). This initiative is part of JBIC’s GREEN (Global action for Reconciling Economic growth and Environmental preservation) operations. The funding will…
Author: PPD Team Date: 10/06/2025 REC Limited has received approval from the Central Board of Direct Taxes (CBDT), Ministry of Finance, to issue zero coupon bonds worth Rs 50 billion. These bonds will have a tenure of ten years and six months. They will be issued at a deep discount and redeemed at face value upon maturity. The structure offers tax benefits to investors under the Income Tax Act, 1961. REC had previously launched a…
India’s first indigenously developed megawatt-scale green hydrogen plant has been inaugurated at Deendayal Port Authority (DPA), Kandla.
Author: PPD Team Date: 22/11/2024 Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024. Axpo’s solar division, through its subsidiary Urbasolar, secured 124 MWp across 20 projects in nine French regions. These projects include ground-mounted, agricultural photovoltaic (PV), and floating PV installations. With this award, Axpo’s cumulative solar capacity from CRE tenders has…
Author: PPD Team Date: 24/10/2024 The Asian Development Bank (ADB) has approved a USD 241.3 million financing package to enhance electricity distribution in West Bengal, ensuring a reliable and sustainable power supply. This program aligns with the revamped distribution sector scheme (RDSS) to strengthen operational efficiency in power distribution companies. The West Bengal Distribution System Strengthening Program will cover seven districts, benefiting 8.96 million consumers. Key components of the program include replacing low-tension overhead lines…
Author: PPD Team Date: 11/03/2025 SJVN Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh to develop an 1,800 MW pumped hydro storage project (PSP) at Kotpali, with an estimated investment of Rs 95 billion. Located in the Balrampur district, the off-stream closed-loop Kotpali PSP will have an installed capacity of 1,800 MW, generating approximately 3,967 million units (MU) of energy annually. The project is expected to create 5,000 direct and…
Author: PPD Team Date: 17/01/2025 Japan Bank for International Cooperation (JBIC) has signed an agreement with Power Finance Corporation Limited (PFC) to finance renewable energy projects in India. Under the agreement, JBIC and PFC will establish a credit line of Rs 66.73 billion (120 billion JPY), with JBIC contributing Rs 40.04 billion (72 billion JPY). This initiative is part of JBIC’s GREEN (Global action for Reconciling Economic growth and Environmental preservation) operations. The funding will…