REC Limited has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan during the “Rising Rajasthan Investors Meet.”
As part of the agreement, REC will increase its annual financing from Rs 200 billion to Rs 500 billion for power and non-power infrastructure projects in the state. The six-year MoU, running until 2030, is valued at Rs 3 trillion.
The Laos government has signed a concession agreement with CGN Laos Taven Power Sole Company Limited, a subsidiary of China’s state-owned CGN Energy International Holdings, for the construction of Phase I of a 1,000 MW solar farm in Xay and Namor districts, Oudomxay province. Situated near the Laos-China border, this project supports Laos’ target to increase renewable energy consumption to 30% by 2025 and is part of the Northern Clean Energy Connection initiative. The solar…
Waaree Renewable Technologies (WAAREERTL) has received a letter of award (LoA) for the execution of engineering, procurement, and construction (EPC) works for a ground-mounted solar power project. The company will develop the project with a capacity of 3.40 MW DC/2.77 MW AC on a turnkey basis, handling all aspects from start to finish.
The Central Electricity Authority (CEA) has approved two Hydro Pumped Storage Projects (PSPs): the 600 MW Upper Indravati in Odisha by Odisha Hydro Power Corporation (OHPC) and the 2000 MW Sharavathy in Karnataka by Karnataka Power Corporation Limited (KPCL). These approvals were supported by the Central Water Commission (CWC), Geological Survey of India (GSI), and Central Soil and Materials Research Station (CSMRS). CEA has received Hydro PSP proposals totalling around 60 GW, currently under Survey…
Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent to develop an interstate transmission system (ISTS) scheme focused on augmenting the Bhadla-III Pooling Station in Rajasthan. The project, part of the Rajasthan Renewable Energy Zone (REZ) Phase-III Scheme, aims to support the evacuation of 20 GW of power and will be executed on a build, own, operate, and transfer (BOOT) basis. The project is estimated to cost around Rs 3.69 billion,…
JTC Corporation has appointed Univers and PacificLight Power to develop Singapore’s first district-level smart grid in the Punggol Digital District. The project aims to enhance energy efficiency and integrate renewable energy sources by installing a smart grid powered by a battery energy storage system and solar panels. Once operational, the system is expected to generate over 3,000 MWh of clean energy annually. Scheduled for completion in 2026, the grid will optimize energy management across the…
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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