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SSE acquires developmental rights for 120MW BESS in Ireland’s Midlands
SSE Renewables has acquired development rights from Low Carbon’s Grid Systems Services for a 120MW/240MWh grid-scale battery energy storage system (BESS) project in County Offaly, Ireland. The Thornsberry BESS project near Tullamore has received planning consent and grid connection approval, enabling 120MW import/export capacity to the national grid. Once operational, the system could supply backup power for 115,000 homes for up to two hours. Subject to a final investment decision, the project may be completed…
Adani Power reports a 55 per cent drop in net profit despite revenue growth
Adani Power has reported a 55 per cent year-on-year decline in net profit, amounting to Rs 39 billion, compared to Rs 87.59 billion in the same period last year. Despite the profit drop, the company’s revenue increased by 36 per cent year-on-year, reaching Rs 147.17 billion from Rs 110.05 billion in the corresponding quarter of the previous year. Power demand across India continues to grow strongly, with aggregate demand rising by 10.6 per cent year-on-year…
MNRE issues EoI for vendors under PM Surya Ghar
The Ministry of New and Renewable Energy (MNRE) has issued an expression of interest (EoI) to expand the network of vendors under the PM-Surya Ghar: Muft Bijli Yojana. The initiative aims to accelerate the deployment of residential rooftop solar systems by increasing the vendor network from the current 8,000 to 25,000. REC Limited’s vendor management division will provide support through weekly interactions, dedicated email assistance, and capacity-building programs to enhance vendor capabilities and ensure the…
Copenhagen Energy to accelerate 4 GW offshore wind projects in the Philippines
Copenhagen Energy and PetroGreen Energy Corporation have obtained the Green Lane Certificate from the Philippine Board of Investments for their joint floating offshore wind projects under BuhaWind Energy Philippines. This certification will accelerate the permit process, facilitating faster development of their planned 4 GW offshore wind farms. The initiative includes three projects: A 2 GW wind farm in Northern Luzon, targeted for operation by 2030. A 1 GW project in Northern Mindoro, expected to launch…
Afghanistan and Uzbekistan sign agreement for power transmission projects
The minister of mines and petroleum of Afghanistan and the energy minister of Uzbekistan have signed an agreement to implement four major electricity transmission projects, strengthening economic and trade ties between the two nations. This agreement is part of several memorandums of understanding, including investment agreements worth USD 1.4 billion and 23 trade agreements valued at USD 1.1 billion. Key projects in the power transmission agreement include: Construction of a 260-km, 500 kV Surkhan (Uzbekistan)–Pul-e-Khumri…
ib vogt secures PPA for 50 MW solar farm in Bangladesh
German solar developer ib vogt GmbH has secured a power purchase agreement (PPA) for its 50-MWac/68-MWp solar farm project in Bangladesh. Sonagazi Solar Power Limited, sponsored by ib vogt, signed the agreement with the Bangladesh Power Development Board (BPDP) and Power Grid Bangladesh PLC. Under the PPA, Sonagazi Solar will receive a fixed tariff of USD 0.1094 (EUR 0.102) per kWh for 20 years. The solar farm will be built in the north of the…