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JSW Neo secures 200 MW wind-solar hybrid project in Maharashtra

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JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution (MSEDCL) for a 200 MW wind-solar hybrid power project. This award follows a tariff-based competitive bid under MSEDCL-Phase III.

With this new project, JSW Neo Energy’s total locked-in generation capacity reaches 17.2 GW, which includes 2.9 GW of hybrid capacity (including FDRE). Currently, the company has a generation capacity of 7.5 GW and aims to increase its installed capacity to 10 GW by FY25.

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JSW Steel to commission 580 MW renewable power by March 2025

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JSW Steel’s Board has approved an expanded power purchase agreement (PPA) to procure renewable power for a total of 2,507 MW across its sites at Vijayanagar, Dolvi, Salem, and Anjar. Of the initial 1,637 MW commitment, 375 MW has already been commissioned, with an additional 580 MW expected to come online by March 2025. The Board has now greenlit further renewable procurement, including a hybrid energy capacity of 600 MW (200 MW solar and 400…

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Aslan Energy, PT Calypte Sugi to develop 2 GW solar power hub on Sugi Island

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Singapore’s Aslan Energy Capital (AEC) and Indonesia’s PT Calypte Sugi Power have signed an agreement to develop a major power generation hub on Sugi Island in Indonesia’s Riau Islands Province. This partnership aims to establish large-scale solar and sustainable clean power generation capacity. With feasibility studies completed and showing promising results, the project will move into detailed engineering in the coming months, with the final investment decision expected by the second quarter of 2025. The…

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KPI Green signs PPAs with GUVNL for renewable energy projects

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KPI Green Energy has signed power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam (GUVNL) for 620 MWAC (917 MWDC) renewable energy projects.  The agreement includes a 250 MWAC (275 MWDC) grid-connected solar photovoltaic project, won through a competitive bidding process under Phase-XXIV, aimed at procuring power from 500 MW grid-connected solar projects across India, with an additional greenshoe option for up to 500 MW. Additionally, KPI Green secured a 370 MWAC (642 MWDC) grid-connected…

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OPRI secures €100m bond for 740 MW solar projects in Italy

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Ortus Power Resources Italy (OPRI), a joint venture between Ortus Climate Mitigation and Omnes Capital’s Capenergie 4 fund, has secured up to €100 million in bond issuance from I Squared Credit for the construction of approximately 740 MW of solar assets across Italy. Akereos acted as the sole book-runner and debt advisor for the financial arrangement. OPRI CEO Guido Cuzzolin highlighted that the proceeds from the bond will enable the company to power up to…

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CS Energy’s 100 MW Chinchilla Battery now operational in Queensland

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On 9 August, CS Energy announced that its 100MW/200MWh Chinchilla Battery is fully operational and ready to support Queensland’s power grid. The battery underwent extensive testing to ensure safety and reliability under various operating conditions. Developed in collaboration with Tesla and construction contractor Downer, the Chinchilla Battery is the first project to become operational from CS Energy’s Kogan Creek Clean Energy Hub. Tesla supplied 80 Megapack 2 systems for the project, while Downer invested over…

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Westinghouse extends AP1000 reactors contract in Bulgaria

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Westinghouse Electric has extended its front-end engineering and design contract with Bulgaria’s Kozloduy NPP-Newbuild for the construction of two AP1000 reactors at the Kozloduy nuclear power plant (NPP).   The partnership, which began in June 2023, focuses on evaluating Kozloduy’s infrastructure for deploying the AP1000 reactors. Following this phase, the project will move to engineering services, including design, licensing, training, project management, and site planning in preparation for construction. In early 2024, Westinghouse delivered the first…

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