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JSW signs PPA with UPPCL for 1,500 MW pumped hydro storage
JSW Neo Energy Limited, a subsidiary of JSW Energy, has signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 1,500 MW/12,000 MWh of pumped hydro storage projects (PHSPs) in Sonbhadra district, Uttar Pradesh. The agreement spans 40 years with a fixed annual capacity charge of Rs 7.72 million per MW….
Waaree Energies buys stake in Kotsons, expands into transformer business
Waaree Energies Limited has acquired a 64 per cent equity stake in Kotsons Private Limited through a primary capital infusion of about Rs 192 crore. With this investment, Kotsons has become a subsidiary of Waaree Energies. The funds will be used to expand Kotsons’ manufacturing capacity to meet rising demand for transformers in domestic and…
Equinor and Polenergia get final clearance for Bałtyk 1 offshore wind
Equinor and Polenergia have received the final environmental decision for the BaÅ‚tyk 1 offshore wind farm in Poland’s Baltic Sea. The clearance, issued by the Regional Director for Environmental Protection in GdaÅ„sk, marks a key milestone ahead of Poland’s 2025 offshore wind auction. BaÅ‚tyk 1 will have a planned capacity of up to 1.56 GW…
Yunlin offshore wind project begins commercial operations in Taiwan
The 640 MW Yunlin offshore wind farm developed by Yunneng Wind Power Co. Ltd. has commenced commercial operations in the Taiwan Strait. The facility consists of 80 wind turbines spread across an 82 square kilometre area, situated 8 to 17 km from Taiwan’s west coast, in waters between 7 and 35 metres deep. The project…
Corporate buyers drive US clean energy growth, report finds
Corporate purchasers are increasingly driving renewable energy development in the US, according to a report commissioned by the Clean Energy Buyers Association (CEBA). The study found that without voluntary commitments from companies to buy renewable power, many projects would face financing hurdles, limiting the ability to meet growing electricity demand. Virtual power purchase agreements (VPPAs),…
Fluxys, OQGN to jointly develop hydrogen network in Oman
Fluxys and OQ Gas Networks SAOG (OQGN) have signed an agreement to jointly develop a hydrogen transportation network in Oman. Fluxys will participate as a minority shareholder, while OQGN will lead the project. The planned hydrogen infrastructure aligns with Oman’s Vision 2040 and national hydrogen targets. Both companies aim to accelerate the country’s energy transition…
