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VPI to invest in 500 MW battery storage projects across Germany
Energy company VPI plans to invest up to €450 million in battery storage projects in Germany, aiming to develop 500 MW of capacity over the next three to five years. This investment aligns with Germany’s goal of generating 80% of its electricity from renewables by 2030. Battery storage is essential to balance the electricity grid as renewables, which accounted for 40% of Germany’s power generation in 2023, continue to grow. VPI plans to build ten…
HG Infra declared qualified bidder by NTPC Vidyut Vyapar
HG Infra Engineering has been declared the qualified bidder by NTPC Vidyut Vyapar Nigam for 185 MW/370 MWh as part of a 500 MW/1000 MWh standalone battery energy storage system (BESS) project. The project is supported by viability gap funding, and the tariff rate is set at Rs 2.38 million per MW per month. The contract is scheduled for completion in 1.5 years.
Aker Solutions wins contract for underwater substations for Med Wind in Italy
Aker Solutions has secured a front-end engineering and design (FEED) contract to design underwater substations for Renexia’s 2.8 GW Med Wind floating wind project off the coast of Trapani, Sicily. This marks the first large-scale floating offshore wind farm in the Mediterranean. The project will involve designing eight modules, positioned at seabed depths between 520m and 660m in the Strait of Sicily. These modules will serve as connection points for the floating turbines, transmitting energy…
IndiGrid reports Rs 651 billion bid pipeline, expands BESS portfolio with new projects
India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage system (BESS) market, primarily from projects in Gujarat and Uttar Pradesh. In Q2FY25, IndiGrid announced a partnership with British International…
Hecate Energy picks Bechtel for 360 MW Sunfish Solar 2 project in Michigan
Hecate Energy has selected Bechtel to design and construct the Sunfish Solar 2 project, the first in its 1-GW solar expansion in Calhoun County, Michigan. The 360 MW facility will feature 620,000 bifacial solar panels over 1,300 acres, designed to boost energy efficiency by absorbing sunlight from both sides. Slated to begin construction in late 2024 and operational by 2026, Sunfish Solar 2 will supply electricity to 183,500 homes and offset 1.5 million tons of…
Rosatom begins El-Dabaa NPP’s Unit 2 inner containment installation
Russian state nuclear company Rosatom has initiated the installation of the Inner Containment for the reactor building at Unit 2 of Egypt’s El-Dabaa Nuclear Power Plant. This reinforced concrete structure, capped with a semispherical dome, is designed to prevent radioactive leakage during emergencies. Weighing between 60 to 80 tons per segment, the containment forms a key safety component. The installation marks a significant milestone following the completion of Unit 1’s Inner Containment earlier this year….