Power Sector News Roundup for November 12, 2024

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Global:

  • ACCA report warns of inadequate climate preparedness among businesses.
  • EnBW to install a 100 MW battery storage system in Marbach, Germany.
  • ScottishPower signs £1 billion deal with Siemens Gamesa for East Anglia 2 offshore wind farm.
  • Entrion Wind secures US patent for FRP monopile technology.
  • SPPC awards 7.2 GW power project contracts under Saudi Vision 2030.
  • Energy Vault to build a 57 MW battery storage project in Texas.
  • Nexans to sell AmerCable to Mattr for $280 million.
  • US BOEM releases final EIS for SouthCoast Wind Project.
  • Ofgem urges faster grid connections for renewables in the UK.
  • Elapath Energy and RenewableErgon to develop a 150 MW solar project in Taiwan.
  • FREYR Battery to acquire Trina Solar’s US manufacturing assets.
  • Boralex and Saint-Gobain sign a 20-year renewable PPA in France.
  • PowerChina hands over 500 kV Thung Song substation to Thailand’s EGAT.

India:

  • Inox Wind secures an 87 MW order from Continuum Green Energy.
  • PGCIL invites bids for the Andaman & Nicobar Islands HVDC link project.
  • Adani Energy acquires Progressive Grid Networks in Kenya.
  • Saatvik Solar to supply 200 MW of high-efficiency PV modules to G2H Solar.
  • PFC posts a Rs 72.15 billion profit in Q2 2024-25.
  • PFCCL transfers transmission subsidiaries to Powergrid.
  • GE Vernova T&D India quadruples order inflows in Q2 FY25.
  • Sterlite Power secures Rs 12 billion in new orders in Q2 FY25.
  • Ministry of Coal launches mine opening permission module on SWCS portal.
  • BPDB issues a $173 million letter of credit to Adani Power.
  • Mahanagar Gas to invest Rs 2.3 billion in a battery gigafactory with IBC India.
  • MNRE launches Rs 2 billion programme to boost green hydrogen innovation.
  • CTUIL invites bids for independent engineers for six transmission projects.
  • Voltamp Transformers secures Rs 2,633.3 million contract from GETCO.
  • Sterlite Power wins a contract worth Rs 682.5 million from PGCIL.
  • SJVN Green invites bids for up to 100 MW wind projects in Gujarat.
  • Odisha clears Rs 33.53 billion investment for 15 industrial projects.
  • Survey highlights cost and skill challenges in India’s solar energy adoption.
  • Sunkind secures a 570 MW solar project from Maharashtra government.
  • Sugs Lloyd wins Rs 3 billion in power infrastructure projects in Bihar.

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