Power Sector News Roundup for November 21, 2024
Global:
- Amazon invests in Greece’s largest wind energy project with three wind farms.
- China tightens solar PV investment guidelines to address overcapacity.
- SEC to build publicly owned renewable energy park in Horsham, Australia.
- Bekevar Wind Farm opens, providing 200 MW of renewable energy in Saskatchewan.
- Ofgem proposes £5-8 billion fund to accelerate UK energy transmission projects.
- TVA signs 10-year PPA for 14 GWh carbon-free energy with Smoky Hydro.
- Octopus Energy and Skyborn prequalified for French offshore wind tender.
- Toyota Tsusho expands Gulf of Suez Wind Farm II to 654 MW capacity.
- TAQA, JERA, and AlBawani to develop 3.6 GW power plants in Saudi Arabia.
- GE Vernova to acquire Woodward’s heavy-duty gas turbine parts business.
- SRP and EDPR NA partner on 200 MW battery storage project in Arizona.
- Saudi Arabia signs $9.3 billion PPAs for 9.2 GW power projects.
- Mammoet to manage monopiles for RWE’s offshore wind projects in Europe.
- UK and US collaborate on advanced nuclear technologies at COP29.
- Trump nominates Doug Burgum as energy council chair.
- DOE allocates $15 million to enhance hydropower flexibility.
- Field Energy acquires 200 MW Hartmoor battery storage project in the UK.
- Masdar and SOCAR achieve financial close for 760 MW solar projects in Azerbaijan.
- CBMM launches world’s largest niobium-based anode plant in Brazil.
- Poseidon to deliver cable services for Greater Changhua wind farms in Taiwan.
- Trump names Chris Wright as energy secretary.
- Fluor JV begins design phase for Cernavoda nuclear expansion in Romania.
- Synera Renewable secures a permit for the Formosa 4 wind project in Taiwan.
- Voltalia and TAQA Arabia partner for Zafarana wind farm in Egypt.
- SEFE, Eletrobras, and EnerTech partner to supply green hydrogen to Germany.
India:
- REC Power incorporates SPVs for Talegaon and Khavda power transmission projects.
- Sterlite Power completes the 400 kV GTTPL GIS in Goa.
- NPC approves uniform protection protocol for Indian grid operations.
- Torrent Power to invest Rs 1.1 trillion capex plan in renewables and storage.
- NTPC targets Rs 5 trillion investment in green energy by 2030.
- AMPIN Energy and CIP to invest USD 300 million in India’s renewable projects.
- Adani Group to invest USD 35 billion in renewable energy over five years.
- DVC signs PPAs with GUVNL to supply 559 MW of power.
- Tata Power acquires SPV for ERES-XXXIX project.
- Viviana Power Tech secures Rs 1.06 billion contracts for Gujarat SI schemes.
- MoEFCC eases compliance for renewable energy projects.
- UltraTech Cement expands electric truck fleet for sustainable logistics.
- SEC charges Adani executives in massive solar project bribery case.
- MNRE sets new terms for rooftop solar CFA under PM Surya Ghar Yojana.
- SJVN inks MoU with Rajasthan government for 7 GW renewable energy projects.
- SECI partners with H2Global Stiftung to accelerate green hydrogen ambitions.
- Tata Power and Druk Green to develop 5,000 MW clean energy in Bhutan.
- Satvik Green Energy files for Rs 11.50 billion IPO to fund solar expansion.
- PFCCL incorporates Bhuj ICT Transmission for Rs 5.87 billion grid project.