RMC Green Energy, a subsidiary of RMC Switchgears, has received approval from the Rajasthan Renewable Energy Corporation to set up a 50 MW Renewable Energy Park in Rajasthan. This milestone marks the parent company’s entry into the solar park business as a renewable independent power producer (IPP) under the Rajasthan Renewable Energy Policy 2023.
RMC is targeting over 600 MWp in additional projects to reach its goal of securing 1 GWp in EPC contracts over the next 18 months.
KPI Green Energy has signed a memorandum of understanding (MoU) with the Rajasthan government to develop hybrid renewable energy projects, including solar and wind power, in Jaisalmer (Ramgarh). The MoU outlines government support for facilitating necessary permissions and clearances for project development, in line with the state’s existing policies and regulations.
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…
Grid operator Enagas has received provisional approval from the Spanish Government to develop the Spanish section of the trans-European H2med hydrogen pipeline and related infrastructure projects. The H2med project, in collaboration with Spain, France, Germany, and Portugal, includes interconnections, an underwater pipeline between Spain and France, and hydrogen storage facilities. Enagas will work with operators GRTgaz, Terega, OGE, and REN. The total cost of Spain’s hydrogen portfolio is expected to be EUR 4.9 billion, with…
Quaise Energy has partnered with Nevada Gold Mines (NGM) to explore deep geothermal energy for decarbonizing NGM’s TS power plant. This collaboration aims to hybridize on-site power generation by utilizing geothermal heat from NGM’s land and subsurface resources, reducing reliance on fossil fuels and greenhouse gas emissions in the mining sector. This marks the first commercial pilot to retrofit a fossil-fuel-based power plant for geothermal energy. Quaise Energy’s millimetre wave drilling technology will access high-grade…
Prysmian, a leading manufacturer of energy and telecom cables, has entered into a framework agreement with Réseau de Transport d’Électricité (RTE), France’s transmission system operator, to provide submarine power cable links for two offshore wind farms—the Fos and Narbonnaise projects. These links will connect the offshore farms to the French national grid. The agreement includes engineering, procurement, construction, installation, and commissioning (EPCI) of both submarine and land cable segments. The projects are expected to be…
Danish wind turbine manufacturer Vestas has secured an 810MW order for the Empire Wind 1 project, marking its entry into the US offshore wind market. The company will supply and commission 54 V236-15.0MW turbines as part of the deal with Equinor. The agreement, finalized in March 2024, includes a five-year service contract to ensure optimal performance. The V236-15.0MW turbine, certified in 2023, has become a key part of Vestas’ global portfolio, with over 13GW in…