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Georgia Power secures $160 million DOE grant for grid enhancement
Georgia Power has received $160 million from the US Department of Energy (DOE) under the Grid Resilience and Innovation Partnerships (GRIP) programme to enhance the resilience and efficiency of Georgia’s power grid. This funding, part of the Bipartisan Infrastructure Law, aims to lower investment costs for customers and boost grid flexibility, ensuring communities have reliable and affordable electricity. The grant will support various projects across Georgia, aiding the state’s transition to cleaner energy and the…
NVVN awards 66 MW solar projects to Kirloskar Solar and Oriana Power
NTPC Vidyut Vyapar Nigam (NVVN) has awarded contracts totalling 66 MW of solar capacity to Kirloskar Solar Technologies and Oriana Power. The projects, valued at Rs 2.91 billion, will be developed across multiple Indian states. Kirloskar Solar Technologies received contracts for 32.29 MW of ground-mounted solar projects and 14.74 MW of rooftop solar installations, amounting to Rs 2.08 billion. These projects will be set up in Chhattisgarh, Madhya Pradesh, Uttar Pradesh, Kerala, Gujarat, and Assam….
Tower-Adani JV to set up USD 10-bln semiconductor plant in Maharashtra
The Maharashtra Cabinet panel on 5 September, 2024, approved a Rs 839.47 billion investment proposal by the Tower Semiconductor-Adani Group joint venture (JV) to establish a semiconductor chip manufacturing plant in Panvel, Raigad district. The facility, located in Taloja, will have an initial capacity of 40,000 wafer starts per month (WSPM) in the first phase, with plans to expand to 80,000 WSPM in subsequent phases. The first phase will involve an investment of Rs 587.63…
Haryana DISCOM floats tender for 27 MW solar projects
Dakshin Haryana Bijli Vitran Nigam (DHBVN) has issued a tender for 26.75 MW of decentralised, ground-mounted, grid-connected solar projects under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) program. Bids are due by November 25, 2024. The Haryana Power Purchase Centre (HPPC) will purchase power from the projects at a levelised tariff of Rs 3.11/kWh, with 25-year power purchase agreements signed with successful bidders on behalf of DHBVN.
GE Vernova launches HVDC Competence Center in Berlin
GE Vernova Inc. has launched a High Voltage Direct Current (HVDC) Competence Center at its Electrification facility in Berlin to accelerate energy transition initiatives in Germany and Europe. The center focuses on developing technology to improve grid stability, enable long-distance power transmission, and integrate renewable energy into power systems. This facility positions Berlin as a central hub for GE Vernova’s Electrification Systems businesses in Europe, supporting projects in Grid Solutions, Power Conversion, and Solar and…
Kundan Green commits Rs 10 billion to expand RE portfolio by 2028
Kundan Green Energy has committed an investment of Rs 10 billion to expand its renewable energy portfolio by 2028, aligning with India’s target of generating 500 GW of renewable energy. The company plans to invest Rs 130-150 million per megawatt in new projects, focusing on strengthening infrastructure to meet future energy demands. The expansion includes integrating advanced pumped storage systems in upcoming hydropower projects, aiming to boost energy production efficiency. Kundan Green Energy is also…