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German energy provider Uniper attracts interest from buyers
The German government’s 99% stake in power company Uniper has attracted interest from potential buyers, including Abu Dhabi’s Taqa and Norway’s Equinor, according to Bloomberg News. Germany is looking to reduce its holding, with Uniper’s value expected to exceed €10bn ($10.3bn). The government is considering options to exit, either through a single buyer or a…
Crisil flags curtailment risk for 35 GW renewable capacity
Over 35 GW of renewable energy capacity in India faces a high risk of grid curtailment in the upcoming fiscal year, according to an analysis by Crisil Ratings. The issue stems from a mismatch between rapid additions in solar and wind capacity and slower progress in interstate transmission system (ISTS) development. Access risk The report…
Vietnam and Singapore to collaborate for electricity export
Vietnam and Singapore are set to collaborate on an offshore wind (OSW) power project that will export electricity from Vietnam to Singapore starting in 2030. The announcement was made during a meeting between Vietnam’s Minister of Natural Resources and Environment and Singapore’s Minister for Manpower, as well as the Second Minister for Trade and Industry. …
NTPC achieves world-first CO2-to-methanol synthesis at Vindhyachal plant
NTPC has synthesised CO2 captured from flue gas with hydrogen produced from a PEM electrolyser to create methanol at its Vindhyachal plant. NTPC Chairman Gurdeep Singh, speaking at the company’s 50th Raising Day, highlighted that both the CO2 capture plant and the CO2-to-methanol plant are the first of their kind globally, a historic advancement in…
Oyster Renewable, Jindal Stainless commission 315.6 MW hybrid project
Oyster Renewable Energy Private Limited and Jindal Stainless Limited have announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh, with the Gujarat component yet to be completed. The project involves a total investment of over Rs 2,000 crore, including Rs 132 crore committed by Jindal Stainless. Of…
KPI Green signs contracts with SJVN for 200 MW solar project in Khavda
KPI Green Energy has signed contract agreements with SJVN for a 200 MW AC solar project at the GIPCL Renewable Energy Park in Khavda, Gujarat. The deal is valued at Rs 696.50 crore excluding GST and marks a significant addition to the company’s utility-scale solar portfolio. The agreements position KPI Green as the EPC partner…
