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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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Toyota Tsusho expands Gulf of Suez Wind Farm II to 654 MW capacity

Global, News

Toyota Tsusho Corporation, alongside Eurus Energy, Engie S.A., and Orascom Construction PLC, has announced an expansion of the Gulf of Suez Wind Farm II in Egypt, increasing its capacity from 504 MW to 654 MW. This development will make it the largest wind farm in Africa by installed capacity, aligning with Egypt’s goal to generate 42% of its energy from renewable sources by 2030. The Gulf of Suez Wind Farm II is located in the…

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Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects

Global, News

Ofgem has launched a consultation on a proposed Advanced Procurement Mechanism (APM) that aims to invest between £5 billion and £8 billion to help Britain’s energy transmission owners reduce delays, control costs, and attract global investment in the transition to net zero. The consultation runs until December 18, 2024. The APM will allow transmission owners to procure essential equipment such as switchgear, cables, and steel years in advance, often before project finalization. This approach aims…

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Bekevar Wind Farm opens, providing 200 MW of RE in Saskatchewan

Global, News

Innagreen and Cowessess First Nation have inaugurated the Bekevar Wind Farm, a 200MW renewable energy project in Saskatchewan. Supplying enough zero-emission power to meet the needs of 100,000 homes annually, the project highlights the collaboration between commercial energy companies and Indigenous communities in Canada’s clean energy transition. Bekevar, located across Hazlewood, Kingsley, and Cowessess First Nation reserve lands, is jointly owned by Innagreen (83%) and Cowessess First Nation (17%). Featuring 36 Nordex N155/5.X turbines, the…

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SJVN inks MoU with Rajasthan government for 7 GW renewable energy projects

India, News

SJVN has signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan to advance renewable energy development in the state. As part of the MoU, SJVN will develop 5 GW of pumped storage projects and 2 GW of floating solar projects in Rajasthan. The agreement was formalized in the presence of Rajasthan’s Chief Minister, Bhajan Lal Sharma, and signed by Akhileshwar Singh, Director (Finance) SJVN, and Om Kasera, Managing Director of RRECL. SJVN…

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Datta Infra commits Rs 50 billion to Rajasthan’s renewable energy sector

India, News

Datta Power Infra has signed a memorandum of understanding (MoU) to invest Rs 50 billion in Rajasthan’s renewable energy sector during the Rising Rajasthan 2024 event. The project will focus on developing 1,000 MW of renewable energy capacity, including solar, wind, and hybrid power projects across key districts such as Bikaner, Jaisalmer, Barmer, Nagaur, Pratapgarh, and Jodhpur. These initiatives will integrate with the State Transmission Utility (STU) for efficient energy distribution. Additionally, a significant portion…

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MoEFCC eases compliance for renewable energy projects

India, News

The Ministry of Environment, Forests, and Climate Change (MoEFCC) has simplified compliance requirements for renewable energy projects. Solar module manufacturing units, solar and wind power projects, and mini hydel projects under 25 MW are now exempt from obtaining Environmental Clearance (EC) and Consent to Establish (CTE). Additionally, projects with an EC will no longer require a separate CTE or Consent to Operate, reducing duplication in the process. A standard operating procedure will integrate CTE considerations…

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Adani Group to invest USD 35 billion in renewable energy over five years

India, News

The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India.  The focus will be on solar, wind, and hybrid energy systems, aiming to play a significant role in the global energy transition. Sagar Adani, Executive Director of Adani Green Energy, revealed this initiative during a CEO panel discussion at the SBI Economic Conclave. He described it as one of the world’s…

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AMPIN Energy and CIP to invest USD 300 million in India’s renewable projects

India, News

AMPIN Energy Transition has partnered with Copenhagen Infrastructure Partners (CIP) to invest USD 300 million in renewable energy projects across India.  This joint effort aims to establish a renewable energy asset base valued between USD 2.7 billion and USD 3 billion. Building on a USD 200 million joint equity commitment made in 2021, the collaboration highlights their focus on accelerating India’s green transformation and fostering innovation within the energy sector. AMPIN Energy Transition currently manages…

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NTPC targets Rs 5 trillion investment in green energy by 2030

India, News

NTPC has outlined an ambitious plan to invest Rs 5 trillion in green energy by 2030, led by its renewable energy subsidiary, NTPC Green Energy Ltd. (NGEL).  To support its projects, NGEL is set to launch an initial public offering (IPO) worth Rs 100 billion, focusing on renewable energy generation, green hydrogen, sustainable fuels, and energy storage. The company aims to add 60 GW of renewable energy capacity by 2032, with solar power accounting for…