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KPI Green Energy receives LoI for 13.3 MW solar projects  

India, News

KPI Green Energy has announced that it has received Letters of Intent (LoI) for developing 13.30 MW of green energy projects. The projects will be executed by the company’s wholly-owned subsidiary, Sun Drops Energia, as stated in a regulatory filing. These solar power projects, with a total capacity of 13.30 MW, will be developed under the Captive Power Producer (CPP) business segment. The projects are set to be completed in various tranches during the financial…

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SSEN Transmission receives approval for Creag Dhubh-Dalmally upgrade

Global, News

SSEN Transmission has received approval from Scottish ministers to upgrade the Creag Dhubh-Dalmally overhead line from 132kV to 275kV, a project crucial for supporting renewable energy growth in Argyll and Kintyre. Part of the Argyll and Kintyre 275kV strategy, this upgrade is a key component of SSEN’s £20 billion ($26 billion) Pathway to 2030 programme, which aims to support thousands of jobs and boost local and national economies. The strategy aligns with the UK and…

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RECPDCL hands over Rajasthan power transmission project to Apraava Energy

India, News

REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, has handed over the Special Purpose Vehicle (SPV), Rajasthan IV-A Power Transmission Limited, to Apraava Energy Private Limited (AEPL). This project aims to facilitate the evacuation of power from the Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Complex). Apraava Energy was selected as the Transmission Service Provider (TSP) through a Tariff-based Competitive Bidding (TBCB) process managed by RECPDCL. The…

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IIT Bhubaneswar develops solar-powered reactor to recover resources from waste

India, News

A research team from the Indian Institute of Technology (IIT) Bhubaneswar has created a solar-powered microwave pyrolysis reactor capable of recovering valuable resources from both segregated and mixed waste, including biomass and plastics. The reactor uses microwave-assisted pyrolysis to quickly convert waste into valuable products like biochar and bio-oil, depending on the feedstock and conditions. Current solid waste management methods, such as incineration, biogas production, and landfilling, have limited recycling potential and often result in…

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Siemens launches industrial control cabinets made from 100% recycled metal

India, News

Siemens Smart Infrastructure, through its German subsidiary Alpha Verteilertechnik, has introduced the SIVACON 8MF1 industrial control cabinet series, made entirely from scrap metal sourced from reputable European suppliers. These cabinets are manufactured using wind power, aligning with Siemens’ sustainability goals under its DEGREE framework, which targets decarbonization and resource efficiency in line with a 1.5°C science-based target. The production process of the SIVACON 8MF1 cabinets reduces CO2 emissions by 70% compared to conventional steel production,…

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RECPDCL annuls Rs 127 billion Rajasthan HVDC project tender 

India, News

REC Power Development & Consultancy Ltd (RECPDCL) has cancelled the tendering process for a Rs 127 billion Inter-State Transmission System (ISTS) – Tariff Based Competitive Bidding (TBCB) scheme in Rajasthan involving High Voltage Direct Current (HVDC) infrastructure. This decision comes after Power Grid Corporation of India Ltd (PGCIL) emerged as the lowest bidder (L1). RECPDCL has now issued new tender documents, with the deadline for submitting responses set for September 17, 2024. The reasons for…

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REC incorporates ‘Rajasthan IV 4B Power Transmission’ as a wholly owned subsidiary

India, News

REC has established ‘Rajasthan IV 4B Power Transmission’ as a wholly owned subsidiary of REC Power Development & Consultancy (RECPDCL), which itself is a wholly owned subsidiary of REC. The new company has been formed to manage the transmission system for the evacuation of power from Rajasthan Renewable Energy Zone (REZ) Phase-IV (Part-4: 3.5 GW), specifically Part B. The newly incorporated entity has an authorized and paid-up capital of Rs 500,000. This formation follows a…

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Honeywell, Repsol partner to advance biofuels, recycling technologies

India, News

Honeywell and Repsol are collaborating to develop and scale new technologies for producing biofuels and circular materials. The partnership will utilize Honeywell’s processes to convert waste materials like fats, oils, and biomass into renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel, at Repsol’s refineries. Repsol is also considering Honeywell’s UpCycle Process Technology to enhance plastic recycling capabilities, aiming to recycle up to 90% of waste plastics. This collaboration supports Repsol’s goal of achieving…

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Fluence Energy reports record order intake in Q3 FY2024

Global, News

Fluence Energy announced its Q3 FY2024 results, showcasing a record quarterly order intake of $1.3 billion and a record backlog of $4.5 billion. Although revenue decreased by 10% year-over-year to $483.3 million, the company demonstrated strong improvements in profitability. The GAAP gross profit margin increased significantly to 17.2% from 4.1% the previous year, and net income reached $1.1 million, a substantial turnaround from a $35 million loss. Adjusted EBITDA also improved, rising to $15.6 million…

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Tamil Nadu sets new record with 5,512 MW solar power generation

India, News

Tamil Nadu has achieved a new milestone in the solar power sector, generating 5,512 MW of solar power recently, surpassing the previous record of 5,398 MW set on March 5, 2024. On the day of this achievement, the absorption of power into the grid was 39.2 million units (MU), according to the Tamil Nadu Generation and Distribution Corporation (Tangedco). This new record follows significant accomplishments in Tamil Nadu’s renewable energy sector, including a record wind…