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AMEA Power to invest in BESS and solar capacity in Egypt
AMEA Power has announced plans to invest USD 800 million to develop Egypt’s largest solar photovoltaic (PV) plant and first utility-scale battery energy storage systems (BESS). The project, located in the Benban area of Aswan Governorate, will feature a 1,000 MW solar PV power plant alongside a 600 MWh BESS. Additionally, AMEA Power is constructing a 500 MW Abydos solar PV plant in Kom Ombo, Aswan Governorate, which will include a 300 MWh BESS. The…
Tata Power wins 400 MW wind-solar hybrid project in Maharashtra
Tata Power Renewable Energy Ltd. (TPREL) has won a letter of award from Maharashtra State Electricity Distribution Company (MSEDCL) for a 400 MW wind-solar hybrid project in Maharashtra. The project, expected to be completed within 24 months of signing the power purchase agreement, will contribute to MSEDCL’s sustainable energy needs and help reduce CO2 emissions by 895 million kilograms annually. This is TPREL’s largest renewable energy project in Maharashtra, with an initial 200 MW capacity…
RMC Switchgears secures EPC contract for solarising agricultural feeders in Maharashtra
RMC Switchgears Limited has won an engineering, procurement, and construction (EPC) and operation and maintenance (O&M) contract worth Rs 2.01 billion to develop a solar power project aimed at solarising agricultural feeders in Maharashtra. The project was awarded through a competitive bidding process and an e-reverse auction, supporting efforts to enhance the state’s agricultural energy sustainability.
Rayzon Solar secures PV module supply contract for L&T’s projects
Rayzon Solar has won a contract to supply 216 MW of high-efficiency photovoltaic (PV) modules to Larsen & Toubro (L&T) for three solar projects across India. The modules will be integral to L&T’s floating solar projects at Panchet and Ramagundam, as well as a ground-based solar project in Bihar.
Tongyeong Eco Power’s 1GW LNG Plant begins operations in South Korea
Tongyeong Eco Power’s combined-cycle power plant has commenced commercial operations in Gyeongsangnam-do, South Korea, with a capacity exceeding 1GW, supplying electricity to nearly one million households. The liquefied natural gas (LNG)-fueled plant aligns with South Korea’s strategy to transition from coal to LNG and includes a 200,000 cubic meter LNG storage tank. GE Vernova has provided critical components for the plant, including two 7HA.02 gas turbines, one STF-D600 steam turbine, two heat recovery steam generators…
Massive potential in electrification transition to reduce energy use and costs: IEEFA
The Institute for Energy Economics and Financial Analysis (IEEFA) has released a report highlighting the significant benefits of transitioning to efficient electrification. The report outlines how adopting efficient electric appliances could drastically reduce energy consumption, cut costs for households, and support broader energy security and emissions reduction goals. The report reveals that many households still use inefficient appliances, leading to higher energy consumption and expenses. By switching to efficient electric appliances, electricity demand in many…