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Goa cabinet approves Rs 7 billion investment for 500 electric buses
The Goa government has approved a Rs 7 billion investment proposal by Indian Institute of Technology (IIT) alumni to introduce 500 electric buses into the state’s public transport system, Chief Minister Pramod Sawant announced. The initiative, aimed at reviving Goa’s mass transit, was welcomed by Kadamba Transport Corporation Limited (KTCL) chairman Ulhas Tuenkar, who emphasized its potential to meet growing transport demands and improve KTCL’s services. The new fleet will complement KTCL’s current 500 diesel…
Shanghai Electric completes equipment upgrade at Vietnam’s Ninh Binh power plant
Shanghai Electric has completed an equipment upgrade at Vietnam’s Ninh Binh power plant, revitalizing the facility after 45 years of operation. The upgrade, which introduced modern technology and advanced equipment, has increased the output of each of the plant’s four steam turbines from 25 MW to 27 MW, adding an estimated 30 years to the plant’s operational lifespan. The Ninh Binh power plant, a key energy generator in northern Vietnam, plays a crucial role in…
Pilot Energy receives offer from for Three Springs solar plant in Australia
Pilot Energy has confirmed a non-binding A$11.5 million ($7.75 million) proposal from EDP Renewables APAC to acquire the 376 MW Three Springs solar photovoltaic power plant in Western Australia. The offer is structured in staged payments, with finalisation pending due diligence and an asset sale agreement by the end of 2024. Located 310 km north of Perth, the Three Springs solar project is a key component of Western Australia’s Mid-West Clean Energy Project, aimed at…
EAAIF, FMO, and DEG invest €84 million in Senegal solar projects
The Emerging Africa & Asia Infrastructure Fund (EAAIF), the Dutch development bank FMO, and Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) have collectively invested €84 million in two photovoltaic solar plants with battery storage systems in Senegal’s Kolda region. These projects, operated by Axian Energy, will have a combined capacity of 60 MW with 72 MWh of battery storage to stabilize the grid and support evening peak demands. The total project cost exceeds €105 million, with…
Ruloans partners with UGRO Capital to enter renewable energy finance market
Hi-Tech Pipes announced it has secured orders worth Rs 1.05 billion for the supply of electric resistance welded (ERW) steel pipes to customers in the renewable energy sector. These orders will be fulfilled from the company’s new manufacturing facility in Sanand, Gujarat, over the next three months. The ERW steel pipes will be used in various renewable energy applications, including wind farms, solar installations, and other green energy projects. Additionally, Hi-Tech Pipes’ board has approved…
Grew Energy to supply TOPCON modules for BluPine Energy’s solar project in Gujarat
Grew Energy has signed a module supply agreement with BluPine Energy Private Limited for a solar project in Banaskantha, Gujarat. Grew Energy will provide BluPine with advanced TOPCON modules, commonly used in commercial and industrial solar power projects. In May 2024, Grew Energy announced plans to build a fully backward-integrated manufacturing plant in Kathua, Jammu & Kashmir, with an investment of Rs 4.5 billion. BluPine Energy, which has a 4 GW renewable energy portfolio in…