Carbon Minus Energy Private Limited has secured contracts worth Rs 39.6 billion from Maharashtra State Power Generation Corporation (MSPGCL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) for developing 904 MW of decentralized solar power projects across the state. Out of the total capacity, MSEDCL has awarded 730 MW, while MSPGCL has allocated 174 MW.  The projects are aimed at agricultural feeder-level solarization under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0, a part of...

WAPCOS Limited has been awarded a Letter of Award (LoA) worth Rs 2.3 million for consultancy services to analyze potential pumped storage project (PSP) sites in Uttar Pradesh.  The contract follows the Request for Proposal (RfP) issued by Invest UP (formerly Udyog Bandhu) in July 2024. The analysis will cover PSP sites in Chitrakoot Dham, Jhansi, Varanasi, and Vindhyachal divisions.  Key parameters for evaluation include a minimum capacity of 500 MW, six-hour peaking capacity, configuration...

THDC India Limited synchronised Unit I of the Tehri Pumped Storage Plant Project with the National Grid on November 19, 2024.  Furthermore, the coal firing was also achieved within a few hours of oil synchronisation. THDC, a joint venture (JV) of NTPC Limited and the Government of Uttar Pradesh (GoUP), is implementing the project. The Tehri PSP consists of four reversible pump turbine units of 250 MW each in Uttarakhand.

Tata Power has signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) during COP29 in Baku, Azerbaijan.  The partnership will evaluate financing for strategic projects aimed at enhancing India’s power infrastructure and promoting renewable energy. The MoU includes projects such as a 966 MW solar-wind hybrid system, pumped hydro storage, energy transition initiatives, decarbonization, and battery storage, alongside ongoing investments to modernize Tata Power’s distribution networks.  The estimated cost of these projects...

Hyundai Motor India Limited (HMIL) has signed an agreement with Fourth Partner Energy Limited (FPEL) to establish a 75 MW Solar Plant and a 43 MW Wind Power Plant in Tamil Nadu.  HMIL has a target for RE100 to transition to 100% renewable electricity across its operations by 2025, it currently sources 63% of its energy from renewables. The project involves an investment of Rs 380 million and will operate under a Group Captive Mode...

REPLUS Engitech has signed a Memorandum of Understanding (MoU) with Green Power Monitor (GPM) to deploy advanced AI-enabled Energy Management Systems (EMS) and Power Plant Controllers (PPC) in India and global markets.  This collaboration aims to strengthen grid security, stability, and the integration of Battery Energy Storage Systems (BESS) with renewable energy solutions. GPM’s PPC, a sophisticated digital control system, manages active and reactive power, frequency, voltage, power factor, ramp control, and STATCOM controls. It...

JSW Energy, led by Sajjan Jindal, is set to establish a wind turbine blade manufacturing facility in Karnataka to secure a steady supply of wind turbine generators (WTGs) for its renewable energy projects.  The plant, requiring an estimated investment of $50 million, will have the capacity to assemble 400-500 turbines annually.  The facility will be built on available land at JSW Energy’s Vijayanagar site, where the company also operates a 12.5 million tpa steel plant...

NTPC Green Energy Limited (NGEL) and the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) have formed a joint venture to invest Rs 1,870 billion in renewable energy projects across Andhra Pradesh.  The partnership targets the development of 25 GW of solar, wind, and hybrid energy projects, 10 GW of pumped hydro storage, and the production of 0.5 MTPA of green hydrogen, ammonia, and methanol.  The initiative is expected to deliver financial benefits...

The Central Electricity Authority (CEA) reports that transmission and transformation capacity additions in the first seven months (April-October) of FY25 have surpassed planned targets. This marks the first instance of exceeding the target in FY25. A total of 4,337 circuit kilometres (ckm) of transmission lines were added, 10% higher than the planned 4,762 ckm. Similarly, 33,265 MVA of substation capacity was achieved, surpassing the target of 30,780 MVA by 8%. Central government utilities, led by...

Delhi Chief Minister Atishi has launched the Delhi Solar Portal, a single-window platform aimed at simplifying the installation of rooftop solar panels in the city.  The portal enables residents to become ‘prosumers’—power consumers who also generate surplus solar energy—while significantly reducing their electricity bills and earning financial incentives. The portal is a crucial step toward achieving the Delhi government’s target of generating 750 MW of rooftop solar energy, as outlined in the solar policy introduced...

Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024.  Axpo’s solar division, through its subsidiary Urbasolar, secured 124 MWp across 20 projects in nine French regions. These projects include ground-mounted, agricultural photovoltaic (PV), and floating PV installations.  With this award, Axpo’s cumulative solar capacity from CRE tenders has surpassed 1.7 GW. Urbasolar CEO...

Ocean Winds has submitted a planning application to the Scottish government’s Marine Directorate for the 2GW Caledonia offshore wind farm in the outer Moray Firth.  This milestone follows three years of extensive development work since the site was awarded through the ScotWind process in 2022. The Caledonia wind farm, located east of the operational Moray East and under-construction Moray West facilities, will more than double Ocean Winds’ generation capacity in the region. Ocean Winds is...

On November 19, 2024, the Hungarian government introduced a bill to its parliament seeking to amend the existing contract with Russia’s Rosatom for the expansion of the Paks nuclear power plant.  The Paks expansion, valued at €12.5 billion ($13.2 billion), includes two 1.2 GW VVER reactors and is critical for Hungary’s energy strategy. The plant currently supplies 40% of the country’s electricity.  Delays stemming from permitting challenges, the Covid-19 pandemic, and sanctions on Russia have...

RIC Development, LLC (“RIC Energy”) has partnered with Rosemawr Management to finance interconnection deposits for up to 450 MW of solar and energy storage projects in New York over the next three years.  This partnership will help advance projects through the NYISO interconnection queue.  Additionally, it will allow RIC Energy to grow its portfolio, and increase access to affordable, clean energy for local communities. Jonathan Rappe, CEO of RIC Energy North America, highlighted the profound...

AP Renewables Inc. (APRI) and Aboitiz Renewables Inc. (ARI), subsidiaries of Aboitiz Power Corporation, have partnered with Shandong Electric Power Engineering Consulting Institute Co. Ltd. (SDEPCI) for the Bay Battery Energy Storage System (BESS) Project in Barangay Bitin, Bay, Laguna, Philippines. The project will integrate a battery energy storage system with APRI’s Makban geothermal plant, creating the Philippines’ first hybrid geothermal and BESS system.  This innovative solution aims to improve the stability of the Luzon...

National Grid Renewables has started construction on the 100MW Apple River Solar project in Polk County, Wisconsin.  Scheduled to commence operations in late 2025, the project will generate clean energy sufficient to power approximately 26,000 homes annually. The solar farm will use First Solar Series 6 Plus bifacial modules. Construction is being handled by The Boldt Company, creating 150 jobs. Once operational, Apple River will supply power to Xcel Energy, serving customers in the Upper...

Laurentis Energy Partners has partnered with ORLEN Synthos Green Energy (OSGE) to advance small modular reactor (SMR) development in Poland.  The collaboration focuses on preparing the Preliminary Safety Analysis Report (PSAR), a critical document for licensing GE Hitachi Nuclear Energy’s BWRX-300 SMRs. The PSAR, mandated by Poland’s National Atomic Energy Agency, will assess environmental conditions, site characteristics, and other safety factors. Laurentis staff based in Ontario, Canada, will handle its preparation. The $40 million agreement...

The Electricity Generating Authority of Thailand (EGAT) has announced plans to develop three pumped storage power plants (PSPPs) at existing dams in Chaiyaphum, Kanchanaburi, and Nakhon Si Thammarat provinces.  These facilities will have a combined capacity of 2.47 GW and are expected to become operational between 2034 and 2037. The USD 2.6 billion project aims to enhance energy storage capabilities and support the increasing integration of renewable energy sources, such as wind and solar, into...

ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value).  The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric plants with a total installed capacity of 626 MW, located across Aragón, Navarra, Soria, and Valencia in Spain.  The plants...

On November 16, 2024, ACWA Power signed a binding Implementation Agreement (IA) with Uzbekistan’s Ministry of Energy to develop up to 2 GWh of standalone Battery Energy Storage Systems (BESS) across the country.  The agreement was formalized during COP29 in Baku, Azerbaijan, in the presence of Uzbek President Shavkat Mirziyoyev, Azerbaijani President Ilham Aliyev, and Saudi Energy Minister Prince Abdulaziz bin Salman. The IA builds on a Memorandum of Understanding (MoU) signed earlier in May...