Replus Engitech Private Limited has partnered with Hero Future Energies to sign a turnkey contract for 250MWh Battery Energy Storage System (BESS) projects. The projects, set for Gujarat, Karnataka, and Andhra Pradesh, will enhance the integration of solar and wind energy systems over the next 18 months.
Replus has a successful history of 28MWh BESS projects and ongoing developments in Congo and Saudi Arabia.
Ambuja Cements Limited, a key player in the Adani Group portfolio, has joined the Alliance for Industry Decarbonization (AFID), becoming the first cement manufacturer globally to participate in this initiative. AFID is a global platform that fosters collaboration among industries to accelerate the transition to Net Zero, in alignment with the Paris Agreement. Ambuja’s inclusion in this alliance enables the company to exchange insights and experiences with other energy-intensive sectors. Ambuja Cements, which aims to…
Hitachi Energy has announced plans to invest an additional $155 million into its North American manufacturing operations, including the construction of a new distribution transformer factory in Reynosa, Mexico, and expansions at existing facilities in South Boston, Virginia, and Mount Pleasant, Pennsylvania. This move is part of the company’s broader strategy to address surging demand for electrical equipment in the region. The $70 million facility in Reynosa will focus on producing single-phase padmount distribution transformers,…
The Union Cabinet has approved central financial assistance for developing hydropower projects in the northeastern region (NER). The scheme, proposed by the Union power ministry, will provide financial support to state governments in NER for their equity participation in hydropower projects. The scheme has a budget of Rs 4.1 billion and will be implemented from FY25 to FY32. It aims to support the development of approximately 15,000 MW of hydropower capacity. Funding for the scheme…
Steelmaker Rudra Global Infra Products plans to invest Rs 1.9 billion in a 30 MW captive solar project in Gujarat, scheduled to commence operations by January 2025. The solar plant will primarily power the company’s billet and TMT bar manufacturing operations, increasing the capacity utilization of its steel melting shop (SMS) division from 33% to 50%. The project aims to produce one lakh tonne of billets and 2.1 lakh tonne of TMT bars annually. The…
Ireland’s electricity grid operator, EirGrid, has awarded contracts for the deployment of synchronous condensers to support the integration of renewable energy and maintain grid stability as Ireland transitions to cleaner energy sources. These contracts for low carbon inertia services (LCIS) will help balance the grid by providing 6,963 MVA of synchronous inertia, reactive power support, and short-circuit strength without generating active power. The contracts were awarded to Quarry Lane Stability in Sligo and Glencloosagh Energy…
Rosa Power Supply Company, a subsidiary of Reliance Power, has achieved zero-debt status after prepaying Rs 13.18 billion to Singapore-based lender Varde Partners. The company initially paid Rs 8.33 billion in September, followed by the remaining Rs 4.85 billion to complete its debt repayment ahead of schedule. The loan, taken in 2022 for refinancing and cost reduction, has now been fully cleared. Reliance Power is concurrently enhancing its financial stability through a Rs 15.25 billion…
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