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Lightsource bp, Contact Energy secure NZ$267 million financing for 168 MW solar farm in New Zealand

Global, News

Lightsource bp and its joint venture partner Contact Energy have secured a NZ$267 million (US$160 million) financing package for the development of the Kōwhai Park solar farm, a 168MWdc project in Christchurch, New Zealand. The green financing loan has been jointly underwritten by Westpac, Mizuho, China Construction Bank, and Intesa Sanpaolo. The Kōwhai Park solar farm, featuring approximately 300,000 solar panels, marks the first phase of Christchurch Airport’s renewable energy precinct. Construction is scheduled to…

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BPCL to invest Rs 1.7 trillion in petrochemicals, green energy, refining

India, News

Bharat Petroleum (BPCL) plans to invest Rs 1.7 trillion over the next five years in petrochemicals, green energy, fuel marketing, and oil refining. Under its strategic plan ‘Project Aspire,’ BPCL aims to strengthen its core operations in refining and marketing while expanding into emerging sectors like green energy, gas, and non-fuel retail. Key investments include Rs 490 billion for an ethylene cracker project at the Bina refinery in Madhya Pradesh, which will boost refining capacity…

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JERA Nex acquires 395 MW of solar projects in US from Lightsource bp

Global, News

JERA Nex, the global renewable energy division of JERA, has acquired two solar projects in the US, totalling 395 MW of alternating current, from Lightsource bp. This acquisition marks JERA Nex’s first since its launch in April 2024 and includes its initial US solar assets. The acquired projects are the 300MW Oxbow solar farm in Louisiana, the largest in the state, and the 95MW Happy solar farm in Arkansas. Both projects are currently operational. The…

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Mammoet to manage monopiles for RWE’s offshore wind projects in Europe

Global, News

Mammoet has secured a contract with Buss Ports to handle the marshalling of wind turbine generator foundations for two of Europe’s largest offshore wind farms: RWE’s Nordseecluster A in Germany and Thor in Denmark. The Nordseecluster, situated in the eastern German North Sea, will have a total capacity of 1.6 GW, enough to power 1.6 million homes. Construction for Nordseecluster A (NC 1 and NC 2) is set to begin in 2025, with grid connection…

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Adani Energy acquires Pune-III Transmission for Khavda project

India, News

Adani Energy Solutions Limited (AESL) acquired Pune-III Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW): Part D on November 19, 2024. PFC Consulting Limited (PFCCL) served as the bid process coordinator (BPC) for selection of transmission service provider (TSP) for establishment of the project through tariff based competitive bidding (TBCB) mode process on…

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REC incorporates two subsidiaries for transmission projects in Madhya Pradesh and Andhra Pradesh

India, News

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has announced the incorporation of two new wholly owned subsidiaries: Mahan Transmission Limited and Kurnool-IV Transmission Limited. Mahan Transmission Limited will oversee the Transmission System for Evacuation of 1230 MW Power (MPPTCL portion) from the 2×800 MW thermal power project of Mahan Energen Ltd. Kurnool-IV Transmission Limited will manage the Transmission System for Integration of Kurnool-IV Renewable Energy Zone (Phase-I, 4.5…

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SEC to build publicly owned renewable energy park in Horsham, Australia

Global, News

The State Electricity Commission (SEC) has announced plans to construct the SEC Renewable Energy Park – Horsham, one of Australia’s first 100 per cent publicly owned utility-scale renewable energy projects. The solar and storage facility aims to supply affordable and reliable renewable energy to power approximately 51,000 homes annually, supporting the transition to a clean energy grid. The project, built in partnership with OX2, will be developed in two phases. Phase one involves installing over…

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Tata Power and Druk Green to develop 5,000 MW clean energy in Bhutan

India, News

Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration, supported by the Royal Government of Bhutan and the Government of India, marks the largest clean energy partnership between the two nations and aims to strengthen regional energy security and accelerate the clean energy transition. The agreement, signed in Thimphu in the presence of Bhutan’s…

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HydrogenPro and J.H.K partner for green hydrogen projects in Europe

Global, News

HydrogenPro and J.H.K. have formed an exclusive partnership to drive green hydrogen projects in Germany, Austria, and the Benelux region. Under this agreement, HydrogenPro will supply advanced high-pressure alkaline electrolyser technology, while J.H.K. will act as the plant integrator and EPC contractor, managing project implementation and delivery. The partnership targets green hydrogen projects ranging from 5 to 50 MW, combining HydrogenPro’s expertise in electrolysis with J.H.K.’s experience in balance-of-plant integration and EPC services. This collaboration…

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PFCCL establishes SPV for Wahipora and Sallar Transmission project

India, News

PFC Consulting Limited (PFCCL) has established Wahipora and Sallar Transmission Limited for the transmission project involving the construction of grid substations at Wahipora and Sallar in Kashmir.  The project encompasses the downstream transmission network from the upcoming 400/220 kV Grid Sub-Station at Siot, Rajouri, as well as a new 220 kV grid substation at Bhagthali, Kathua, including a 220 kV line and Line-In Line-Out (LILO) tapping from the existing 220 kV Saran-Hiranagar line. In February…