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Huawei builds microgrid power station for Saudi Arabia’s Red Sea Project
Huawei has completed the construction of the world’s largest microgrid power station, capable of generating one billion kilowatt-hours (kWh) of electricity annually. This microgrid will supply power to Saudi Arabia’s ambitious Red Sea New City project, part of the kingdom’s Vision 2030 initiative. The $500 billion project aims to be the first city powered entirely by renewable energy. According to Huawei, the station provides 400MW of photovoltaic power and 1.3GWh of energy storage. Since September…
JSW Neo Energy acquires 125 MW wind assets from Hetero Group
JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs)—Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited—from Hetero Labs Limited and Hetero Drugs Limited. These SPVs have a combined wind energy capacity of 125 MW. This acquisition aligns with JSW Neo Energy’s strategy to expand its renewable portfolio and supports its goal of achieving 10 GW of installed capacity by…
Tamil Nadu plans small hydropower projects on major rivers
The Tamil Nadu Green Energy Corporation (TNGEC) is planning to set up small hydropower plants on major rivers such as Cauvery and Vaigai, as well as smaller rivers like Adyar and Cooum, which will utilize the run-off water during the monsoon season. This initiative is part of the state’s new small hydropower policy. TNGEC plans to conduct feasibility studies on various riverbeds for hydropower plants with capacities ranging from 100 kW to 10 MW. These…
NHPC declares winners of 1.2 GW ISTS solar projects
NHPC Limited has announced the winners for the development of 1.2 GW inter-state transmission system (ISTS)-connected solar power projects in India. The successful bidders include Essar Renewables (300 MW), Jevargi Solar (Rays Infra) (200 MW), Onward Solar (50 MW), Avaada Energy (350 MW), and Mahindra Susten (300 MW). Essar Renewables, Jevargi Solar, and Onward Solar quoted a tariff of Rs 2.56 per kWh, while Avaada Energy and Mahindra Susten quoted Rs 2.57 per kWh. The…
Rudra Global Infra to invest Rs 1.9 billion in 30 MW solar project in Gujarat
Steelmaker Rudra Global Infra Products plans to invest Rs 1.9 billion in a 30 MW captive solar project in Gujarat, scheduled to commence operations by January 2025. The solar plant will primarily power the company’s billet and TMT bar manufacturing operations, increasing the capacity utilization of its steel melting shop (SMS) division from 33% to 50%. The project aims to produce one lakh tonne of billets and 2.1 lakh tonne of TMT bars annually. The…
EnBW plans €3 billion capital increase to boost Germany’s energy transition
EnBW is in discussions with its major shareholders about a potential capital increase of €3 billion to manage the rising costs of investing in Germany’s energy transition. The utility stated that the decision regarding a possible share issue will be made by shareholders at the annual general meeting. EnBW, primarily owned by the German state of Baden-Wuerttemberg and local municipalities, anticipates its investments in energy projects could rise to €50 billion by 2030, up from…