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bp and Iberdrola begin construction of green hydrogen plant in Spain
The joint venture (JV) between bp and Iberdrola España has commenced construction of a 25 MW green hydrogen plant in Spain. The initial phase includes earthworks and the development of a 20,000 square meter plot of land next to the bp refinery in Castellón. The first major equipment, including electrolysers, will arrive and be installed…
FREYR Battery to acquire Trina Solar’s US manufacturing assets
FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas. The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its…
EAC approves ToR for Khandwa and Warsgaon Warangi pumped storage projects
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended granting Terms of Reference (ToR) for the 640 MW Khandwa Pumped Storage Hydro Project and the 1,500 MW Warsgaon Warangi Pumped Storage Project. NHDC Limited, a joint venture of NHPC Limited and the Government of Madhya Pradesh, will…
REC and PFC form SPVs for new RE transmission projects in Karnataka
REC Limited and Power Finance Corporation Limited (PFC) have incorporated wholly-owned subsidiaries to develop transmission infrastructure for additional renewable energy (RE) capacity in Karnataka. Both companies will serve as Bid Process Coordinators (BPCs) under the Tariff Based Competitive Bidding (TBCB) framework. REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC, has formed Bellary…
NHPC board clears Rs 2,000 crore bond issue for FY 2025-26
NHPC Limited has approved a proposal to raise funds through bond issuance as part of its borrowing plan for the financial year 2025-26. The decision was taken at the meeting of the Board of Directors held on January 8, 2026, and was disclosed through a regulatory filing to the stock exchanges. The Board approved the…
InoxGFL Group firms win bid for Wind World IPP and O&M businesses
Two companies under the INOXGFL Group have been declared successful bidders to acquire the Independent Power Producer (IPP) and Operations & Maintenance (O&M) businesses of Wind World India Limited. The transactions were executed through a consortium led by Inox Neo Energies and were finalised after approval from the Committee of Creditors (CoC) under the Corporate…
