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Hellenic Cables secures contract for Leading Light Wind project in the US
Hellenic Cables, part of Cenergy Holdings, has won a contract to supply 65km of 132kV inter-array cables for the Leading Light Wind project, a 2.4GW offshore wind farm located over 40 miles off the New Jersey coast. Cable manufacturing will commence in autumn 2024 at the company’s Corinth facility in Greece, with delivery expected by 2030. The Leading Light Wind project, a joint venture between Invenergy and energyRe, is the sole American-led initiative in the…
SK Innovation and SK E&S merge to form largest private energy company in Asia-Pacific
SK Innovation and SK E&S, two subsidiaries of the Korean conglomerate SK Group, have agreed to merge, creating the largest private energy company in the Asia-Pacific region. This strategic move by SK Group aims to establish a solid foundation for future growth in its energy businesses. The merger, set to be finalized on 1 November 2024, will integrate SK Innovation’s oil and battery operations with SK E&S’s liquefied natural gas (LNG) and renewable energy businesses….
Australian government approves 312 MW Wimmera Plains Energy Facility
The Australian government has approved the Wimmera Plains Energy Facility, a 312 MW wind farm project in Victoria, located 10 km northeast of Horsham. This facility will generate enough clean energy to power 202,000 homes and will feature 52 wind turbines connected to an existing 220 kV transmission line. Additionally, the project includes a 100 MW battery energy storage system (BESS) capable of storing up to 400 MWh of dispatchable energy. The facility will reduce…
Mirova funds USD20 million in West African C&I solar developer
Mirova Gigaton Fund has committed USD 20 million in long-term debt financing to ManoCap Energy, a commercial and industrial (C&I) solar company based in Ghana, to support its expansion in West Africa. The funding will support ManoCap in consolidating its operations in Ghana and Sierra Leone and facilitate expansion into neighbouring countries such as Nigeria, Ivory Coast, Guinea, Liberia, and Togo.
CM solar self-employment scheme takes off in Uttarakhand
The Chief Minister Solar Self-Employment Scheme in Uttarakhand has enabled hundreds of locals to set up small solar plants, generating self-employment while bolstering the rural economy. Chief Minister Pushkar Singh Dhami highlighted Uttarakhand’s favourable solar conditions, with ample sunshine even during winter, making it ideal for solar power generation. Eligible residents can install solar plants ranging from 20 to 200 kW capacity, with the Uttarakhand Power Corporation Limited (UPCL) purchasing all generated electricity. Loans are…
India’s interregional electricity transfer surges by 17.7% in early FY25
The volume of interregional electricity transfer in India increased by 17.7% year-on-year during the first four months of FY25, reaching 95,410 million units (MU), up from 81,088 MU in the same period of FY24, according to data from Grid Controller of India Ltd (GRID-INDIA). The Western Region to Northern Region (WR-NR) transfer was the largest component, accounting for 40% of the total interregional transfer in FY25, up from 31% in FY24. The Western (WR) and…