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Tata Power to invest Rs 5.5 billion in renewable energy for Noida Airport

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Tata Power has committed Rs 5.5 billion towards establishing solar and wind power capacities to supply clean energy to Noida International Airport (NIA) in Uttar Pradesh.  The company has signed two power purchase agreements with NIA, supporting the airport’s sustainable energy infrastructure. Through its subsidiary, Tata Power Trading Company (TPTCL), Tata Power will provide 10.8 MW of wind energy, while Tata Power Renewable Energy (TPREL) will develop, operate, and maintain a 13 MW onsite solar…

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RWE signs PPA with Rivian for EV fast-charging network with Texas wind energy

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German energy company RWE has entered a 15-year power purchase agreement (PPA) with electric vehicle manufacturer Rivian to supply renewable energy from its upgraded 127MW Champion Wind project in Nolan and Mitchell counties, West Texas.  This agreement will support Rivian’s Adventure Network, enabling renewable energy-powered fast charging for its EVs and contributing to the company’s goal of achieving carbon neutrality. Champion Wind, initially launched in 2008, is undergoing a major upgrade to extend its lifespan,…

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Australia’s largest wind farm begins supplying power to Victoria’s grid

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The 1.3GW Golden Plains wind farm, located in Rokewood, Victoria, has begun supplying renewable energy to the state’s electricity grid.  As the largest wind farm in the southern hemisphere, it will generate 4,000 GWh annually, covering 9% of Victoria’s energy needs and powering 765,000 homes when fully operational. The project includes a 300MW battery to store surplus energy, ensuring reliable supply during peak demand. The wind farm’s construction created 700 jobs, with 70 permanent roles…

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UK secures £24bn in green energy investments

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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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India surpasses 200 GW renewable energy milestone

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India has crossed a major milestone in its renewable energy journey, with the nation’s total renewable energy capacity reaching 201.45 GW as of October 10, 2024, according to the Central Electricity Authority (CEA). When including the 8,180 MW of nuclear power, non-fossil fuel-based energy now accounts for nearly half of India’s total installed electricity generation capacity, which stands at 452.69 GW. Solar power leads India’s renewable energy contributions, generating 90.76 GW, followed by wind power…

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Equinor and Polenergia engage consortium for design and permits of Baltyk 1 wind farm

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Norway’s Equinor and Polish utility Polenergia have contracted a consortium comprising Ramboll and Projmors to provide consultancy services for the design and construction permits for their up-to-1.56 GW Baltyk 1 offshore wind farm. Located 81 km offshore Poland, Baltyk 1 is preparing for participation in a 2025 auction. The consortium will focus on achieving ready-to-build status for the project, leveraging Ramboll’s expertise in engineering and consulting and Projmors’ hydrotechnical design experience crucial for offshore wind…

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RWE, TotalEnergies partner for 4 GW offshore wind projects off German coast

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RWE has partnered with TotalEnergies to develop two offshore wind projects with a combined capacity of 4GW off the coast of Germany. TotalEnergies will acquire a 50% equity stake in both projects, marking a significant collaboration in renewable energy. The projects, identified as N-9.1 and N-9.2, are located between 110km and 115km northwest of Borkum Island. Each site has a potential capacity of 2GW. Investment decisions are expected in 2027 for N-9.1 and 2028 for…

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Nordex Group secures 500MW wind turbine orders in Canada

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Nordex Group has received orders for wind turbines totalling 500 MW for undisclosed projects in Canada, scheduled for delivery in 2025 and 2026. The orders include 74 N163 turbines, each equipped with the Nordex Advanced Anti-Icing System to ensure high performance during Canada’s harsh winters. The company also secured long-term service agreements ranging from 15 to 30 years. Nordex has previously sold nearly 1.2GW of turbines across Canada and brings its expertise in cold climate…

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Floating Offshore Wind: Key to Achieving Global Renewable Energy Goals by 2030

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The global push to limit temperature rise to 1.5°C includes decarbonizing hard-to-abate sectors. At COP 28, leaders pledged to triple renewable energy capacity by 2030. Offshore wind, with its high efficiency and competitiveness, is key to these efforts. In 2022, offshore wind reached 63 GW of installed capacity, but to meet the 1.5°C target, this needs to grow to 494 GW by 2030 and 2,465 GW by 2050. Floating offshore wind, a promising subset, can…

Key Power Sector News Roundup for September 24, 2024

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India Finalizes National Electricity Plan for 2032 with Rs 9 Trillion Outlay India’s National Electricity Plan (2023-2032), announced by Union power minister Manohar Lal, targets a Rs 9 trillion investment to meet a 458 GW peak demand by 2032. The plan includes expanding transmission networks to 0.65 million ckm, adding 33.25 GW HVDC systems, and boosting interregional transfer capacity. Renewable energy evacuation and pumped storage projects also receive major focus. Power Minister Launches CSIRT-Power to…