Power Sector News Roundup for November 6, 2024

Global:

  • Westbridge sells 75% stake in Alberta’s Sunnynook solar project to METLEN
  • Emeren and Arpinge partner on 300MW battery storage portfolio in Italy
  • EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS
  • UAE’s Nakheel and DEWA partner on 132 kV substation in Palm Jebel Ali
  • Canada proposes 35% emissions cap on oil and gas sector by 2030
  • ACCIONA Energía acquires 300 MW of wind capacity in Texas
  • FTC Solar to supply solar trackers for 1 GW Dunlieh Energy projects
  • Westinghouse and Hyundai sign contract for reactors in Bulgaria
  • Swedish government rejects 13 offshore wind projects in the Baltic Sea
  • Avista to acquire 10% stake in 3 GW North Plains Connector transmission project
  • GE Vernova completes FEED studies to cut emissions in Saudi plants
  • TechnipFMC and Prysmian collaborate for floating offshore wind energy solutions
  • Primergy Solar secures $225 million for Valley of Fire renewable projects
  • NSW approves Liverpool Range wind farm expansion
  • FERC rejects plan to expand Amazon data center capacity at Susquehanna nuclear facility
  • Jupiter Power secures $225 million credit facility to boost a 12,000 MW energy storage pipeline

India:

  • India issues 11,098 MW in renewable energy tenders, draws $103 million in October investments
  • ISA’s seventh assembly showcases global solar initiatives and launches new projects
  • India approves 50 solar parks to boost 37.5 GW renewable capacity
  • NTPC approves Rs 800 billion investment for 6,400 MW thermal projects
  • Airox Nigen expands with 1 MW green hydrogen system in Russia
  • CEA collaborates with weather agencies for enhanced environmental data and increases forecast frequency
  • IEX records a 4% increase in traded electricity volume in October 2024
  • Solar Industries secures Rs 8.87 billion order from Singareni Collieries
  • Apollo Green plans a 500 MW solar module plant
  • Tata Power reports Rs 10.93 billion net profit in Q2, up 7.47% YoY
  • NTPC and RVUNL form a joint venture for the Chhabra thermal power plant
  • ACME Solar launches Rs 30 billion IPO
  • Gentari, Juniper Green, and others secure SJVN’s 1.2 GW hybrid power auction
  • Waaree Renewable posts robust Q2 growth with Rs 5,244.7 million revenue

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