VNG AG and HyCC to develop 500 MW green hydrogen electrolyser in Germany
Author: PPD Team Date: December 9, 2024
Author: PPD Team Date: December 9, 2024
VNG AG, its subsidiary VNG Handel & Vertrieb GmbH (VNG H&V), and Dutch hydrogen company HyCC are planning to jointly develop a 500 MW electrolyser for green hydrogen production in Lutherstadt Wittenberg, Germany.
The green hydrogen will be used by local industries, including SKW Piesteritz, to reduce carbon dioxide emissions by replacing natural gas.
The GreenRoot project aims to support regional decarbonisation and could potentially supply other industries in the Central German chemical triangle through a planned connection to the German hydrogen network.
The partners will begin the approval and consultation phase in 2025, make the final investment decision in 2026, and start operations by 2029.
The project will also explore synergies with municipal utilities to provide heat from the facility and has support from local stakeholders, including the Saxony-Anhalt government.
Author: PPD Team Date: November 14, 2024 Ormat Technologies has signed a $200 million engineering, procurement, and construction (EPC) contract with Contact Energy for the development of the 101 MW Te Mihi Stage 2 geothermal power plant in New Zealand. Scheduled for completion by mid-2027, this project will contribute to New Zealand’s renewable energy goals by gradually replacing the 1950s-built Wairakei geothermal power station. Te Mihi Stage 2 marks Ormat’s fourth major project in New…
Author: PPD Team Date: December 13, 2024 NLC India (NLCIL) has commenced commercial operations of the first 660 MW unit of its 3×660 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh. The unit, which completed its trial operation on 7 December 2024, began commercial operations on 12 December 2024. This is the first fossil fuel-based thermal power plant commissioned in India in this financial year. With this addition, NLCIL and its group companies have…
Author: PPD Team Date: October 10, 2025 KPI Green Energy Limited announced that its subsidiary, Sun Drops Energia Private Limited, has been awarded Letters of Award for a 100 MW solar power project under the Captive Power Producer (CPP) segment. The project will be executed on a turnkey basis under the Domestic Content Requirement (DCR) module category, covering supply, service, and operations & maintenance (O&M) for the project’s operational life. Additionally, KPI Green Energy has…
Author: PPD Team Date: November 6, 2024 The Indian Energy Exchange (IEX) reported a traded electricity volume of 9,642 million units (MU) in October 2024, marking a 4% year-on-year growth. IEX also traded 4.44 lakh renewable energy certificates (RECs) in October, a notable 105% increase from the previous year. India’s energy consumption for October reached 140.4 billion units (BUs), a 1% increase from the previous year, according to government data. The Market Clearing Price in…
Author: PPD Team Date: October 1, 2025 Goa is considering a Rs 5,000 crore loan from the Japan International Cooperation Agency (JICA) to modernise its electricity network and improve reliability and efficiency across residential, commercial, and industrial consumers. The funding would support the replacement of ageing transmission and distribution equipment, including substations, transformers, and distribution lines, aiming to reduce technical losses and strengthen overall system performance. A key objective of the project is to integrate…
Author: PPD Team Date: March 18, 2026 Kansai Electric Power’s transmission and distribution subsidiary has invested about Rs 160 crore to acquire a 10% equity stake in Gurugram-based OMC Power. The transaction adds another Japanese corporate investor to the company’s shareholder base, taking the total to four. The investment follows earlier stakes by Mitsui & Co, Chubu Electric Power, and Honda Motor Corporation. The continued participation of Japanese companies indicates sustained interest in OMC Power’s…