Author: Power Peak Digest Team Pub Date: November 5, 2024
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CEA recognizes surface hydrokinetic turbine technology
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Himachal CM reviews ongoing energy projects
Author: Power Peak Digest Team Pub Date: December 26, 2024 Chief Minister Thakur Sukhvinder Singh Sukhu recently reviewed the progress of ongoing energy projects and emphasized the State Government’s focus on expanding green energy initiatives. He highlighted the development of a one MW Green Hydrogen Project in Nalagarh, Solan district, and the commissioning of a 32 MW Solar Power Project in Pekhubela, Una district, in just six months. Additionally, two more solar projects are under…
FAME Scheme: Rs 88.44 billion spent on electric vehicle incentives
Author: Power Peak Digest Team Pub Date: January 6, 2025 The Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-India) Scheme, launched to promote electric mobility, has spent Rs 88.44 billion as of October 31, 2024. This includes Rs 65.77 billion in subsidies, Rs 22.44 billion for capital assets, and Rs 230 million for other expenses. Under FAME-II, launched in 2019 with an outlay of Rs 115 billion, 1.6 million electric vehicles…
JERA-led consortium to operate offshore wind project in Japan
Author: Power Peak Digest Team Pub Date: December 27, 2024 JERA Co., Inc., Green Power Investment Co., Ltd. (GPI), and Tohoku Electric Power Co., Inc. (Tohoku Electric) have formed a consortium led by JERA to operate a 615 MW offshore wind project in the Sea of Japan, off the southern coast of Aomori Prefecture. Japan’s Ministry of Economy, Trade, and Industry and the Ministry of Land, Infrastructure, Transport, and Tourism selected the consortium to develop…
KEC International wins Rs 10.97 billion orders for T&D
Author: Power Peak Digest Team Pub Date: January 7, 2025 KEC International Limited, a wholly-owned subsidiary of the RPG Group, has secured new orders worth Rs 10.97 billion in the transmission and distribution (T&D) sector. These include a 400 kV transmission line project in the UAE and the supply of towers, hardware, and poles for various projects in the Americas, including the United States, Mexico, and Brazil.
Dalia Energy secures $1.5bn financing for new Israeli power plant
Author: Power Peak Digest Team Pub Date: January 17, 2025 Israeli power company Dalia Energy has obtained a finance agreement worth 5.3 billion shekels ($1.5bn) from Bank Hapoalim to construct an 850MW power plant at the Eshkol gas-fired power station site in Ashdod, Israel, as reported by Reuters. The non-binding agreement marks a significant milestone for the Avshal plant, which will earn approximately 0.065 shekels per kilowatt-hour for 20 years after operations begin. In 2024,…