The power ministry has approved modifications to the scheme providing budgetary support for enabling infrastructure costs associated with hydro-electric projects (HEPs). The scheme has a total outlay of Rs 124.61 billion and will be implemented from 2024-25 to 2031-32. The modifications include expanding eligible costs to cover not only...
The Ministry of New and Renewable Energy (MNRE) has released guidelines for the implementation of the Viability Gap Funding (VGF) scheme for 1,000 MW offshore wind power projects. The project has been allotted Rs 68.53 billion till FY 2031-32 with an objective to commission 1 GW offshore wind power...
Tamil Nadu has issued the Repowering, Refurbishment and Life Extension Policy 2024 for wind energy generators (WEG). All WEGs that have completed their operational life period of 20 years will have to compulsorily opt for a repowering, refurbishment or a life extension project. For other WEGs, participation is voluntary. Further,...
The Biden-Harris administration approved the Maryland Offshore Wind Project, marking the tenth commercial offshore wind energy project under President Biden’s leadership. This brings the total approved offshore wind capacity to over 15 GW, half of the 30 GW goal set for 2030. These projects are expected to supply clean...
SSE Thermal and EET Hydrogen have joined forces to build a green hydrogen production facility in North West England. The facility is  named as Gowy Green Hydrogen. They have started work on the project at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. The initial 40 MWe facility will provide...
The US Department of Energy (DOE) has finalised a $72.8 million loan guarantee to develop a solar-plus-storage microgrid on the Viejas Tribe’s reservation near Alpine, California. The project, backed by the California Energy Commission, US Bancorp Impact Finance, and Starbucks, will feature a 15 MW solar system and a...
Australian Federal Environment Minister Tanya Plibersek said that planning approval has been granted for the Birriwa solar and battery project, which is being developed by the Australian unit of Philippines-based energy company Acen Corp. in the New South Wales Central-West Orana region. The Birriwa solar farm is planned for a 1,200-hectare site...
The Gensol Engineering Limited and Matrix Gas and Renewables Limited Consortium has been chosen to develop a green hydrogen valley in Pune, Maharashtra. It will be India’s first ever green hydrogen valley. The project will be developed on a build-and-operate basis and is supported by the Department of Science...
South Africa’s renewable energy projects have received a funding of €400 million announced by the European Investment Bank (EIB) and FirstRand Bank Ltd. This joint effort includes a €200 million loan from the EIB, matched by FirstRand Bank. Moreover the aim of this initiative is to boost solar photovoltaic,...
Apraava Energy Private Limited has signed a power purchase agreement (PPA) with NTPC Limited for a 300 MW solar energy project connected to the inter-state transmission system (ISTS). The project will be located in Rajasthan and is scheduled for completion within 24 months. The project was awarded through an e-reverse...