Power Sector News Roundup for October 17, 2024
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 partners to explore green hydrogen production in Algeria
– Hithium Energy and MANAT to establish BESS manufacturing facility in Saudi Arabia
– US commits $900 million for Gen III+ SMR technologies
India:
– MNRE increases solar module capacity under ALMM by 2.09 GW
– Avaada Energy secures Rs 5.97 billion refinancing for solar projects
– Tembo Global secures PPA for 124 MW solar project in Maharashtra
– Purvah Green signs SPA to acquire 100 per cent stake in Deshraj Solar Energy
– KPI Green signs PPAs with GUVNL for renewable energy projects
– EEX, IGX, and GIZ partner to develop hydrogen trading market in India
– DVC highest bidder for Hiranmaye Energy assets
– L&T lowest bidder for NTPC’s super thermal power plants
– Waaree Energies to launch Rs 36 billion IPO
– Indian Oil and EverEnviro form JV for CBG production
– JSW, Tata Power, Avaada, Juniper win MSEDCL’s 1,650 MW wind-solar auction