Grenergy secures financing for two phases of world’s biggest battery project
Madrid-headquartered independent power producer (IPP) Grenergy has reached financial close on the first two phases of its Oasis de Atacama solar and battery energy storage hybrid project in Chile.
China Three Gorges to build 16 GW renewables cluster in Inner Mongolia
China Three Gorges has announced plans to build a 16 GW renewables cluster in China’s Inner Mongolia region, including 8 GW of solar, 4 GW of wind, a 200 MW solar thermal system, a 4 GW coal plant, and a 500 MWh energy storage system.
The Hydrogen Stream: Maire’s Tecnimont, Nextchem awarded engineering design study for a green ammonia plant in India
Tecnimont will carry out an engineering design study for a 200,000 metric ton-per-year green ammonia plant. Nextchem will provide its digital tool, ArcHy, to optimize renewable power usage, resulting in capex and opex efficiency of the plant lifecycle and minimizing the cost of ammonia.
VinFast exploring Andhra Pradesh for second EV and battery plant in India
Pham Sanh Chau, CEO of VinFast India, recently met with N. Chandrababu Naidu, chief minister of Andhra Pradesh, and proposed an investment of INR 4,000 crore into setting up electric vehicle (EV) and battery manufacturing plants in the state.
SolarPower Europe calls for stronger cybersecurity measures
SolarPower Europe argues in a new position paper that regulators and policymakers should create a sector-specific strategy to address the growing threat of cyberattacks.
Essar Energy Transition launches EET Hydrogen Power
Essar Energy Transition (EET) has launched EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery
REC secures JPY 31.96 billion green loan from Deutsche Bank AG
REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.
Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says
According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.
Advait Infratech secures solar, green hydrogen projects worth INR 72.69 crore
Advait Infratech Ltd has received Letters of intent from KP Group of Companies to execute a 30 MW solar plant and a 1 MW green hydrogen project on EPC basis in Gujarat.
Rays Power Infra forms subsidiary for gigawatt-scale solar, battery storage manufacturing
Rays Power Infra has set up a wholly-owned subsidiary for production of solar modules, solar cells, and battery energy storage systems (BESS) at gigawatt scale.
