Power Sector News Roundup for November 5, 2024

Power Bytes

Global: ACWA Power secures $240 million IFC loan for Uzbekistan’s RE projects HydroWing and PLN to develop Indonesia’s first tidal energy plant Huasun Energy to supply 1 GW of HJT solar modules for Power China’s offshore PV project Avantus sells Catclaw Solar and Energy Storage Project to DESRI India: Premier Energies’ subsidiaries receive orders worth Rs 5.6 billion Gensol Engineering secures Rs 7.8 billion solar EPC order in Maharashtra NTPC and ONGC partner to drive…

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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…

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IndiGrid reports Rs 651 billion bid pipeline, expands BESS portfolio with new projects

India, News

India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage system (BESS) market, primarily from projects in Gujarat and Uttar Pradesh. In Q2FY25, IndiGrid announced a partnership with British International…

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IndiGrid, Kintech and H.G. Infra win NVVN’s BESS auction

India, News

IndiGrid, Kintech Synergy, and H.G. Infra Engineering have emerged as winners in NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) support.  NVVN, a subsidiary of NTPC, allocated 250 MW to IndiGrid 2 at a tariff of Rs 236,999 per MW per month. Kintech Synergy received 65 MW at Rs 237,490/MW/month, and H.G. Infra was awarded 185 MW at Rs 238,000/MW/month. According…

Power Sector News Roundup for October 21, 2024

Power Bytes

Global: Top European Union economies spend 42 billion euros annually on fossil-fuel company car subsidies, study finds European green electricity PPA prices fall 12.4% in Q3 2024, LevelTen Energy reports Neart na Gaoithe offshore wind farm generates first power for UK grid Hellenic Cables secures contract for Leading Light Wind project in the US deveritec GmbH and Wirepas launch new NIC for Wirepas 5G Mesh in Europe Lhyfe partners with KEYOU for hydrogen mobility in…

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Rays Power Infra Secures Rs 9.4 billion Solar Projects

India, News

Rays Power Infra has secured solar projects worth Rs 9.4 billion, totalling 362 MW, in Rajasthan.   Additionally, the company won a 600 KW / 3000 KWh flow battery project from NTPC. Ketan Mehta, MD & CEO, expressed excitement over the projects, emphasizing the company’s leadership and commitment to innovative energy solutions. Since its inception in 2011, Rays Power Infra has been a key player in turnkey solar EPC services, addressing the growing demand for renewable…

Power Sector News Roundup for October 17, 2024

Power Bytes

Global: – World Bank approves USD 250 million for renewable energy in Lebanon– Masdar and Presight to launch AI tool for managing RE assets globally– Fugro to site investigate Rhein-Main-Link offshore wind cable project in Germany– Sumitomo and CEP Solar to deliver 1.5GW of clean energy projects in Virginia– Ignitis Group to bid in Lithuania’s second offshore wind tender – Quinbrook signs offtake agreements with Tesco and Shell for Cleve Hill Solar Park– VNG AG…

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Indian Oil and EverEnviro form JV for CBG production

India, News

Indian Oil Corporation (IOCL) has partnered with EverEnviro Resource Management to establish a joint venture (JV) focused on converting organic waste into compressed biogas (CBG).  The two companies will share equal ownership in the JV, which will integrate advanced biogas technologies to promote biofuels and support the national deployment of CBG plants. This initiative aligns with IOCL’s long-term low-carbon strategy and its goal of achieving operational net-zero emissions by 2046. In addition to the CBG…

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Adani Total Gas begins blending green hydrogen in natural gas for Ahmedabad households

India, News

Adani Total Gas (ATGL) has started blending 2.2-2.3% green hydrogen with natural gas for household cooking in Shantigram, Ahmedabad. This initiative, part of ATGL’s joint venture with Total Energies, will provide hydrogen-blended natural gas to 4,000 domestic and commercial consumers, reducing greenhouse gas emissions. The company plans to gradually increase the blend to 5% and eventually 8%, expanding supply beyond Shantigram to other areas of Ahmedabad and beyond. ATGL joins other Indian firms like NTPC…

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MAHAPREIT invites bids for 3.2 MW distributed solar project in Maharashtra

India, News

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has issued a tender for 3.2 MW of distributed solar power, which will supply energy to Chandrapur Zilla Parishad in Maharashtra. The project, estimated at Rs 23.01 million, must be commissioned within 360 days from the work order date. Bids must be submitted by October 11, 2024. The scope of work includes design, engineering, supply, and commissioning with net metering, along with operation and maintenance for five…