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SSEN Transmission open offshore hub in Inverness

SSEN Transmission has officially opened a new offshore hub in Inverness, Scotland, designed to accommodate up to 100 people and serve as a collaborative space for companies involved in regional energy projects. The hub, housed within SSEN’s existing building, offers desk space and meeting rooms named after iconic local bridges, such as Dornoch and Cromarty. The facility will support SSEN Transmission’s £20 billion ($26.12 billion) Pathway to 2030 programme, which aims to upgrade Scotland’s electricity…

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Inkia Energy approvED to expand Peru’s Sunny solar plant

Peruvian power generator Inkia Energy has received environmental approval to expand its Sunny solar power plant from 228 MWp to 338 MWp.  This expansion is part of the company’s broader plan to establish a solar hub in Peru, contributing approximately 1 GW of renewable capacity to the national grid by the fourth quarter of 2025. The Sunny solar project, currently under construction in southern Peru, will be fully operational by the second half of 2025….

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UK secures £24bn in green energy investments

The UK government has secured over £24 billion ($31.39 billion) in private investments for innovative energy projects ahead of the International Investment Summit on 14 October 2024. These investments are expected to create thousands of jobs and drive growth in the UK’s clean energy sector, spanning from Yorkshire to Suffolk, Aberdeen, and Stow. Key companies involved include Iberdrola, Ørsted, SeAh Wind, Macquarie, BW Group, and Holtec, with substantial commitments to renewable energy projects. Iberdrola’s subsidiary…

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Vestas and Fortum settle arbitration over Russian wind energy projects

Danish wind turbine manufacturer Vestas and Nordic energy company Fortum have settled their arbitration dispute regarding wind energy projects in Russia. Both parties agreed to drop all past, present, and future claims, with the settlement terms remaining confidential. The dispute began in 2022 when Fortum initiated arbitration at the International Chamber of Commerce in Stockholm. Fortum sought more than $218 million (€200 million) in compensation from Vestas for payments made on wind projects in Russia…

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JSW Renew, NTPC sign PPA for 700 MW solar project

JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of Rs 2.59 per kilowatt-hour (KWh) and connects the project to both the Inter-State Transmission System (ISTS) and State Transmission Utility (STU). The project is expected to be commissioned by June 2026. This agreement increases JSW Energy’s solar capacity pipeline to 3.2 GW,…

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Delhi Metro’s Blue Line awarded carbon-neutral certification

Delhi Metro’s Blue Line, connecting Yamuna Bank with Vaishali in Ghaziabad, has received carbon-neutral certification, marking a significant milestone for the Delhi Metro Rail Corporation (DMRC). Officials highlighted this achievement as part of DMRC’s commitment to reducing its carbon footprint and addressing climate change. This certification follows similar recognition for DMRC’s corporate headquarters at Metro Bhawan and staff quarters in Sector-50, Noida.  DMRC aims to inspire other urban transport systems to adopt eco-friendly practices, setting…

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Sterling and Wilson reports record Rs 1,050 billion order book

Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.   In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.

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Bondada Engineering secures over Rs 110 billion solar EPC contracts

Hyderabad-based Bondada Engineering Ltd, part of the Bondada Group, has secured two solar EPC mandates worth over Rs 110 billion. According to a stock exchange filing, the company won two orders valued at Rs 76.32 billion and Rs 36.91 billion, respectively, for ground-mounted solar PV projects in Maharashtra under the Mukhyamantri Saur Krishi Vahini Yojana 2.0 (MSKVY 2.0). MSKVY 2.0 is a Maharashtra government initiative aimed at achieving 30% solarization of agriculture feeders by 2025….

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Adani Group plans 10 GW of overseas hydroelectric projects

Adani Group is planning to develop 10 gigawatts (GW) of hydroelectric projects overseas in the coming years as part of its strategy to reach net zero carbon emissions by 2050. The conglomerate, led by billionaire Gautam Adani, is exploring projects in countries like Nepal, Bhutan, Kenya, Tanzania, the Philippines, and Vietnam, according to sources familiar with the plans. The group is particularly interested in regions with favourable topography and growing demand for hydropower. The move…