Jakson Green has signed a memorandum of understanding (MoU) worth Rs 14.2 billion with REC Limited to develop solar independent power producer (IPP) projects. This investment aims to boost renewable energy capacity, reduce fossil fuel reliance, and lower carbon emissions, supporting India’s net zero goals and promoting a sustainable economy.
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Power Grid Corporation of India Ltd (PGCIL) has secured the letter of intent (LoI) for the project, titled “Provision of Dynamic Reactive Compensation at Khavda Pooling Station 1 (KPS1) and Khavda Pooling Station 3 (KPS3),” in Gujarat through tariff-based competitive bidding, marking its fourth ISTS-TBCB win in September 2024. The project involves the installation of STATCOMs at KPS1 and KPS3 to manage high voltage fluctuations caused by intermittent renewable energy in the region. The estimated…
NKT secures contract to supply power cables for Dutch grid upgrade
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Powin and BHE Renewables partner to build solar-storage microgrids
Powin has teamed up with BHE Renewables to deliver a major solar and storage microgrid in Ravenswood, West Virginia. This project will supply renewable energy to Titanium Metals (TIMET), a subsidiary of Precision Castparts, for manufacturing titanium products for the aerospace industry. Powin will provide a 50MW Centipede Stack800 battery energy storage system, designed for 10-12 hours of energy discharge. The system will complement a 106MW solar array, forming a key part of the microgrid….
AI revolution to drive increase in data center power demand
The growing adoption of AI technologies is expected to significantly impact global power consumption. According to Goldman Sachs Research, the power demand of data centres will rise by 160% by 2030, driven by the high energy requirements of AI processing. Currently, data centres consume 1-2% of the world’s power, a figure projected to increase to 3-4% by the end of the decade. Data centers have maintained stable power usage due to efficiency gains, despite increasing…
HG Infra declared qualified bidder by NTPC Vidyut Vyapar
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KEPCO announces compensation details for East-5 section of 500 kV HVDC East Coast─Singapyeong transmission line
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