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MoP sets price benchmark for biomass pellets in NCR
The Ministry of Power (MoP) has established a price benchmark of Rs 2.32 per 1000 kcal for biomass pellets, effective from September 1, 2023, to encourage biomass use in thermal power generation within the National Capital Region (NCR). This move supports India’s environmental and energy diversification goals. The pricing applies to non-torrefied biomass pellets with moisture content below 14% and a gross calorific value of 2800-3400 kcal per kg, as determined by the Price Benchmarking…
Ontario Power to operate Pickering nuclear units until 2026
The Canadian Nuclear Safety Commission (CNSC) has granted Ontario Power Generation (OPG) an extension to operate units 5 to 8 of the Pickering nuclear generating station (PNGS) until the end of 2026, extending the previous deadline of December 31, 2024. The extended permit allows OPG to run these units up to 305,000 equivalent full power hours (EFPH), an increase from the previous 295,000 EFPH limit. The amended licence includes a requirement for OPG to maintain…
Hyundai unveils Initium hydrogen SUV concept
Marking nearly 30 years of fuel-cell electric vehicle (FCEV) innovation, Hyundai has introduced the Initium concept, an SUV embodying its “Art of Steel” design language. With a targeted range of 400 miles (644 km) and a 201 hp electric motor, the Initium represents Hyundai’s continued commitment to hydrogen as a clean energy source. The Initium will debut at Auto Guangzhou in China and the Los Angeles auto show, featuring a large-capacity hydrogen tank and aerodynamic…
Thermax, UK firm partner for green hydrogen manufacturing
Thermax has partnered with Ceres Power to manufacture large-scale Solid Oxide Electrolysis Cells (SOEC), crucial for green hydrogen production. Leveraging its expertise in heat integration and waste heat recovery, Thermax will develop and produce pressurised stack array modules (SAM) and SAM balance of modules (SBM), essential for multi-megawatt SOEC electrolyser systems. Under a global license agreement, Thermax will manufacture, sell, and service these systems based on Ceres’ advanced SOEC technology. The collaboration aims to deliver…
Godrej Electricals commissions 25 MW solar project in Maharashtra
Godrej Electricals and Electronics, a unit of Godrej & Boyce, has commissioned a 25 MW AC ground-mounted solar project in Dhule, Maharashtra for the Maharashtra State Power Generation Company Limited (Mahagenco). Spread across 52 acres, the plant is expected to generate 45 million units of power annually, contributing to Maharashtra’s renewable energy goals by supplying power to the open market. Custom-designed structures with varied heights and wind resistance capabilities were implemented to maximize efficiency, addressing…
Arevon Energy secures $351 million financing for Gibson Solar Project in Indiana
Arevon Energy has secured $351 million in financing to construct the 251 MW Gibson Solar Project in Gibson County, Indiana. The project, already under construction, is expected to generate over $83 million in local government payments throughout its lifespan and will provide enough clean energy to power more than 30,000 homes annually. The financing package includes a construction loan and a letter of credit (LC) facility led by CoBank, Societe Generale, and PNC Bank. CoBank…