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ISTS scheme for green hydrogen units in Tuticorin approved

India, News

The National Committee on Transmission (NCT) has approved a Rs 26.17 billion interstate transmission system (ISTS) to support upcoming green hydrogen and green ammonia projects in the Tuticorin area of Tamil Nadu. The project, titled “Transmission system for proposed green hydrogen/green ammonia projects in Tuticorin area,” will be implemented under tariff-based competitive bidding (TBCB) with REC Power Development & Consultancy Ltd (RECPDCL) serving as the bid process coordinator. The project will be completed within 30…

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CIP’s Buffalo Plains wind farm in Canada delivers first power to grid

Global, News

Copenhagen Infrastructure Partners (CIP) has announced that its Buffalo Plains onshore wind farm in Alberta, Canada, has delivered its first power to the grid. The wind farm is expected to be fully operational by the fourth quarter of 2024. The installation of the first turbine took place in April 2024, and by the end of August, one-third of the planned 83 turbines had been erected. Once completed, Buffalo Plains will have a total capacity of…

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India begins funding for hybrid power projects in Sri Lanka

India, News

Indian High Commissioner Santosh Jha has handed over the first payment for hybrid power projects on the Sri Lankan islands of Delft, Nainativu, and Analaitivu, located off the northern coast of Jaffna. These projects, funded by an $11 million Indian grant, aim to install a hybrid renewable energy system to meet the energy needs of these islands, which are not connected to Sri Lanka’s national grid. The projects are being carried out in collaboration with…

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NLC signs agreement for 200 MW solar power project in Telangana

India, News

NLC India (NLCIL) has signed a power usage agreement with Telangana distribution companies to supply 200 MW of solar power at a competitive price under the central public sector undertaking scheme for 25 years. The solar project will be developed under the ‘Make in India’ initiative, utilizing state-of-the-art equipment and technology, including single-axis trackers and domestically manufactured high-efficiency modules. The project is scheduled for commissioning by June 2025. Over its lifetime, NLCIL’s solar project is…

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REC incorporates ‘Rajasthan IV 4B Power Transmission’ as a wholly owned subsidiary

India, News

REC has established ‘Rajasthan IV 4B Power Transmission’ as a wholly owned subsidiary of REC Power Development & Consultancy (RECPDCL), which itself is a wholly owned subsidiary of REC. The new company has been formed to manage the transmission system for the evacuation of power from Rajasthan Renewable Energy Zone (REZ) Phase-IV (Part-4: 3.5 GW), specifically Part B. The newly incorporated entity has an authorized and paid-up capital of Rs 500,000. This formation follows a…

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PM Modi highlights green jobs in Independence Day speech

India, News

In his Independence Day speech on August 15, Prime Minister Narendra Modi emphasized the nation’s focus on promoting green growth and creating sustainable employment opportunities. Modi highlighted India’s ambition to lead in green hydrogen production and its dedication to generating jobs in environmental conservation and renewable energy sectors. The International Labour Organisation (ILO) projects that the circular economy, which includes reusing, recycling, and sustainable manufacturing, will create numerous green jobs. Since 2015, demand for green…

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Taiwan awards 2.7GW in latest offshore wind auction

Global, News

Taiwan’s Ministry of Economic Affairs (MOEA) has allocated 2.7GW of capacity to five wind farm projects in its latest round 3.2 offshore auction. The awarded projects include Shinfox’s 700 MW Youde, Synera Renewable Energy Group’s (SRE) 800 MW Formosa 6, Copenhagen Infrastructure Partners’ 600 MW Fengmiao 2, Corio and TotalEnergies’ 360 MW Formosa 3 joint-venture, and Enervest’s 240 MW Deshuai. Notably, Ørsted’s 570 MW Greater Changhua 3 proposal was not selected despite ranking third in…

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Romania approves subsidy mechanism for wind, solar projects

Global, News

Romania’s Ministry of Energy has approved a subsidy mechanism for contracts for difference (CfD) for wind and solar power projects. This mechanism will support 5 GW of renewable energy capacity across two tender rounds this year and next. A CfD ensures stable income for green energy investments by guaranteeing a fixed price per megawatt-hour. If market prices fall below this rate, the state pays the difference. Conversely, if market prices exceed the fixed rate, the…

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NREL to award pooling station tender for 630 MW Barethi solar project by September

India, News

NTPC Renewable Energy Limited (NREL), a subsidiary of NTPC Limited, is developing a 630 MW solar project in Barethi, Chhatarpur district, in Khajuraho. The project, executed under the Engineering, Procurement & Construction (EPC) mode, has been sanctioned by the Ministry of New & Renewable Energy (MNRE) under the Solar Parks scheme. The land for the project has been transferred to NREL. Notice Inviting Tender (NIT) for the EPC Package and Pooling Substation Package have been…

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CEA recommends addition of 80 GW of coal-based capacity by 2031-32

India, News

The Central Electricity Authority (CEA) has recommended a coal and lignite-based installed capacity of 283 GW, up from the current 217.5 GW. Consequently, the Ministry of Power (MoP) is planning to establish an additional minimum of 80 GW of coal-based capacity by 2031-32. This expansion is expected to entail an expenditure of at least Rs. 6,672 billion by 2031-32. According to Intended Nationally Determined Contributions (INDCs), the country is committed to achieving approximately 50 per…