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THDC begins draft tube installation at 444 MW Vishnugad Pipalkoti HEP

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THDC India Limited has commenced the installation of the draft tube in Unit 1 of the 444 MW Vishnugad Pipalkoti hydroelectric project (HEP) on the Alaknanda River in Uttarakhand. The draft tube plays a key role in directing water that has passed through the turbine back into the river, maintaining pressure and enabling energy recovery, which is crucial for optimizing the efficiency of power generation. The project is situated near Helong village.

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Google invests in Swift Current’s largest solar project east of Mississippi

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Swift Current Energy has secured a tax equity investment from Google for its 800 MWdc (593 MWac) Double Black Diamond Solar project in southern Illinois, marking it as the largest solar initiative east of the Mississippi River. Google’s investment taps into the benefits of the Inflation Reduction Act, including energy community and domestic content incentives. The project, located 30 miles west of Springfield, Illinois, is under construction and expected to begin operations by early 2025….

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Mirova to invest $518m in RP Global’s clean energy projects

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French asset management firm Mirova has committed €480 million ($518 million) to RP Global, an independent power producer (IPP), to advance its 2.5 GW pipeline of clean energy projects across Europe. The investment is split between the Mirova Energy Transition 6 (MET6) fund, providing €200 million, and an additional €280 million from a co-investment vehicle managed by Mirova. This partnership makes MET6 a significant minority shareholder in RP Global. Anne-Laure Messier, Mirova’s investment director, highlighted…

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JSW Neo Energy acquires 125 MW wind assets from Hetero Group

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JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy Limited, has acquired three special purpose vehicles (SPVs)—Hetero Wind Power Limited, Hetero Wind Power (Pennar) Private Limited, and Hetero Med Solutions Limited—from Hetero Labs Limited and Hetero Drugs Limited.  These SPVs have a combined wind energy capacity of 125 MW. This acquisition aligns with JSW Neo Energy’s strategy to expand its renewable portfolio and supports its goal of achieving 10 GW of installed capacity by…

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FREYR Battery to acquire Trina Solar’s US manufacturing assets

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FREYR Battery has signed an agreement to acquire Trina Solar’s 5 GW solar module manufacturing facility in Wilmer, Texas.  The acquisition is expected to be finalised by the end of 2024. The Wilmer plant, which began production on November 1, 2024, is slated to reach full capacity by 2025, with 30 per cent of its output already under firm contracts with US customers. Post-acquisition, FREYR plans a multi-phase expansion to establish a vertically integrated US…

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