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Private sector boosts ISTS transmission line additions in September 2024

India, News

In September 2024, private sector developers Sterlite Power and Renew Transmission Ventures contributed 410 ckm of transmission lines to India’s Inter-State Transmission System (ISTS), marking their first addition to the ISTS network in FY25, according to the Central Electricity Authority (CEA). Sterlite Power commissioned 223 ckm of lines, including the 400kV double-circuit Padghe-Kharghar line (140 ckm) in Maharashtra, as part of its ISTS-TBCB project under “Mumbai Urja Marg Ltd.” Similarly, Renew Transmission Ventures added a…

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KF Wind finalizes TSA for offshore wind project in South Korea

Global, News

KF Wind has signed a transmission service agreement (TSA) with Korea Electric Power Corporation (KEPCO), ensuring the delivery of 1.125GW of renewable energy to South Korea’s national grid. The TSA covers two phases of the floating offshore wind project: the 375MW East Blue power phase and the 750MW KF Wind phase, which will connect to KEPCO’s Shinonsan onshore station in Ulsan. This joint venture between Ocean Winds and Mainstream Renewable Power marks a key milestone…

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Green hydrogen projects to get 19,500 MW transmission capacity by FY30

India, News

The “Interim ISTS Rolling Plan 2029-30,” released by Central Transmission Utility of India Ltd (CTUIL), outlines plans to build a 19,500 MW interstate transmission system (ISTS) network to supply renewable energy to upcoming green hydrogen plants by FY30. The entire 19,500 MW is expected to come online by FY28, benefiting green hydrogen and ammonia manufacturing plants in Gujarat, Tamil Nadu, and Andhra Pradesh. This transmission infrastructure, estimated to cost Rs 15.63 billion, will be implemented…

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BlueFloat Energy strengthens partnerships for Taiwan’s floating wind demonstration programme

Global, News

BlueFloat Energy has secured strategic collaborations with Taiwan’s Ship and Ocean Industries R&D Center (SOIC) and the CR Classification Society to support its bid for Taiwan’s floating wind demonstration programme. These partnerships will enhance the company’s project development capabilities in the region. In addition, BlueFloat Energy signed a memorandum of understanding with National Taiwan University’s Ocean Center to conduct a comprehensive morpho-dynamic study for its Winds of September project. This study will analyze Taiwan’s marine…

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US BOEM delays Oregon offshore wind auction

Global, News

The US Bureau of Ocean Energy Management (BOEM) has postponed its planned auction for offshore wind energy leases off the coast of Oregon, citing insufficient interest from bidders. Initially scheduled for 15 October 2024, only one company expressed interest after the Final Sale Notice was issued in August. The auction featured two lease areas and five qualifying companies. Despite this setback, the Biden-Harris Administration has approved 10 commercial-scale offshore wind projects since 2021, aiming to…

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SEG Solar breaks ground on 5GW solar industrial park in Indonesia

Global, News

US-based SEG Solar has started constructing a 5GW integrated photovoltaic (PV) industrial park in Central Java, Indonesia, marking a key step in its Southeast Asia expansion. This will be the largest vertically integrated PV facility in Indonesia, covering the full production process from silicon ingots to solar modules. The first phase, set for completion by Q2 2025, includes ten N-type cell production lines. SEG Solar will collaborate with suppliers to build a robust PV ecosystem….

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Australia provisionally approves Spinifex offshore wind project in Victoria

Global, News

Australian Minister for Climate Change and Energy, Chris Bowen, has granted provisional approval for a feasibility licence for the 1.2 GW Spinifex offshore wind project, located in the Southern Ocean near Victoria’s coast. The project, led by Alinta Energy and Parkwind (a subsidiary of JERA Nex), has now entered the next phase of the feasibility licensing process. This phase will include extensive consultations with stakeholders, including First Nations groups, and comprehensive environmental studies to evaluate…

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Floating Offshore Wind: Key to Achieving Global Renewable Energy Goals by 2030

Analysis, Features

The global push to limit temperature rise to 1.5°C includes decarbonizing hard-to-abate sectors. At COP 28, leaders pledged to triple renewable energy capacity by 2030. Offshore wind, with its high efficiency and competitiveness, is key to these efforts. In 2022, offshore wind reached 63 GW of installed capacity, but to meet the 1.5°C target, this needs to grow to 494 GW by 2030 and 2,465 GW by 2050. Floating offshore wind, a promising subset, can…

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Global Renewable Energy Statistics

Analysis, Data Insights

Renewable Energy Capacity and Production (On-Grid and Off-Grid) In 2023, total global renewable energy capacity reached 3,864,522 MW, up from 1,698,295 MW in 2014, a more than twofold increase. Africa has also experienced growth, with a capacity of 62,066 MW in 2023, up from 32,511 MW in 2014. Countries like Angola, Ethiopia, and South Africa have led this surge, each achieving notable renewable capacity expansions. Angola, for example, expanded from 1,020 MW in 2014 to…

Key Power Sector News Roundup for September 26, 2024

Power Bytes

MERC approves MSEDCL’s procurement of 5,991 MW solar power The Maharashtra Electricity Regulatory Commission (MERC) approved MSEDCL’s procurement of 5,991 MW solar power under Mukhyamantri Saur Krushi Vahini Yojana 2.0. The Rs 3.10 per kWh ceiling tariff ensures competitive pricing. This initiative aims to solarize 30% of agricultural feeders by 2025, helping meet rising renewable purchase obligation (RPO) targets and easing Koyna hydroelectric plant’s peak demand. Zelestra signs 450 MW solar power supply agreement with…