Power Sector News Roundup for November 12, 2024

Power Bytes

Global: ACCA report warns of inadequate climate preparedness among businesses. EnBW to install a 100 MW battery storage system in Marbach, Germany. ScottishPower signs £1 billion deal with Siemens Gamesa for East Anglia 2 offshore wind farm. Entrion Wind secures US patent for FRP monopile technology. SPPC awards 7.2 GW power project contracts under Saudi Vision 2030. Energy Vault to build a 57 MW battery storage project in Texas. Nexans to sell AmerCable to Mattr…

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Centre, Himachal discuss 4,300 MW pump storage projects

India, News

Union Minister of Power and Housing & Urban Affairs, Manohar Lal, held a meeting in Shimla to review Himachal Pradesh’s urban development initiatives and power sector advancements.  Chief Minister Sukhvinder Singh Sukhu, Public Works & Urban Development Minister Vikramaditya Singh, and senior state and central government officials attended the meeting, focusing on the state’s Revamped Distribution Sector Scheme (RDSS) and hydroelectric projects. During the discussions, potential collaboration between Himachal Pradesh and the Bhakra Beas Management…

Power Sector News Roundup for November 7, 2024

Power Bytes

Global: Trump as US president will deepen climate crisis: Policy experts Masdar, Sarawak Energy, and Gentari explore floating solar plant in Malaysia GE Vernova launches HVDC Competence Center in Berlin Global shift towards sustainable energy drives $3.1 trillion investment surge EWEC receives three bids for 1,500 MW Khazna Solar PV project in Abu Dhabi Cubico unveils Scout Moor II: 100 MW wind project to power 100,000 UK homes Singapore’s Punggol Digital District to feature first…

Power Sector News Roundup for November 6, 2024

Power Bytes

Global: Westbridge sells 75% stake in Alberta’s Sunnynook solar project to METLEN Emeren and Arpinge partner on 300MW battery storage portfolio in Italy EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS UAE’s Nakheel and DEWA partner on 132 kV substation in Palm Jebel Ali Canada proposes 35% emissions cap on oil and gas sector by 2030 ACCIONA Energía acquires 300 MW of wind capacity in Texas FTC Solar to…

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Uttar Pradesh targets 14,000 MW solar power

India, News

Uttar Pradesh is advancing its renewable energy goals by partnering with energy firms to establish floating solar power plants, aiming to reach 14,000 MW of solar power generation by 2027.  Under the ‘PM Surya Ghar Yojana’, the state targets connecting 2.5 million households to solar energy. Floating solar projects are planned for seven reservoirs, in collaboration with NTPC, Tehri Hydro Development Corporation (THDC), and Satluj Jal Vidyut Nigam (SJVN), according to a government official. The…

Power Sector News Roundup for October 3, 2024

Power Bytes

Global: Iran and Tajikistan are in discussions to enhance cooperation in electricity, water, and other key sectors. Masdar expands in US with 50 per cent acquisition of Terra-Gen Big Tech are spurring demand for SMRs and fusion reactors Brazilian mining giant Vale and European hydrogen company Green Energy Park (GEP) announce collaboration to build green hydrogen production facility in Brazil Newcleo secures €135m investment, plans further European expansion First nuclear plant recommissioned in US history…

Key Power Sector News Roundup for September 30, 2024

Power Bytes

Contract Awards Bajel Projects entered the data centre sector, winning a contract for a GIS substation in Navi Mumbai.  Power Mech secured a Rs 2.27 billion O&M contract for Akrimota Thermal Power Station in Gujarat.  Marsons Ltd won a Rs 6.75 billion contract for a 150 MW solar project in Rajasthan.  L&T Digital Energy Solutions received mandates for Energy Management Systems in South India and expanded its grid modernization projects in the US. SJVN to…

Key Power Sector News Roundup for September 27, 2024

Power Bytes

Marsons Secures LoI for 150 MW Solar Plant in Rajasthan  Marsons has received an LoI from Nacof Oorja to develop a 150 MW solar PV plant in Rajasthan for Rajasthan Renewable Energy Corporation Limited under the KUSUM Scheme Megha Engineering to Invest Rs 210 Billion in Two Hydro Projects Megha Engineering & Infrastructures Ltd (MEIL) will invest Rs 210 billion in two pumped storage hydro projects in Maharashtra, totalling 4,000 MW. The Kamod and Ghosla…

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Maharashtra signs Rs 475 billion MoUs for renewable energy projects

India, News

The Maharashtra government has signed MoUs with four companies worth Rs 475 billion to develop renewable energy projects, in line with the state’s goal to achieve 50% renewable energy by 2030. These projects are expected to create 18,828 jobs, as announced by Deputy Chief Minister Devendra Fadnavis. The companies involved include SJVN, MahaGenco Renewable Energy Ltd, RECPDCL, THDC, and HPRGE-HPCL. Key projects under these agreements include: RECPDCL: A 500 MW hybrid project with an investment…

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Three bidders shortlisted for Himachal Pradesh hydropower transmission project

India, News

REC Power Development & Consultancy Ltd (RECPDCL) has shortlisted Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL) for setting up evacuation infrastructure for hydropower projects in Himachal Pradesh under the ISTS scheme. This project, housed under Shongtong Power Transmission Ltd, follows a tariff-based competitive bidding (TBCB) process. The three developers have cleared the technical bid stage, and their initial price bids will soon be opened. The bidding will…