Sembcorp Industries Secures 450MW Wind-Solar Hybrid Project
Green Gold Rush: India's $2 Billion Hydrogen Plan Draws Giants
India's ambitious green hydrogen plan, backed by a generous $2 billion incentive program, has sparked a frenzied bidding war, attracting an array of major industrial players. Reliance Industries, JSW Energy, Torrent Power, and Bharat Petroleum are among the 14 companies vying for lucrative green hydrogen production contracts, according to the Solar Energy Corp of India (SECI).
But the competition heats up even further when it comes to electrolyzer manufacturing, the crucial technology behind green hydrogen production. A whopping 20 companies, including industry giants like Adani Group, ..
Ministry Revamps Solar Bidding Guidelines for Transparency
The Ministry of Power has introduced new guidelines for bidding on grid-connected power projects. Designed to ensure transparency and fairness, they cover bid capacity limits, power procurement procedures, and penalties for delays, aiming to bolster energy sector stability and reduce risks. This encourages long-term power transactions between states. Apraava Energy has won two projects, facilitating a 40 GW energy transmission. This was achieved through the transfer of interstate transmission projects from PFC Consulting. Consequently, energy zones in Rajasthan will expand. The Gujarat Electri..
Sembcorp awards Suzlon Group a 50 Megawatt wind project
Suzlon Group has won a contract to build a 50.4 MW wind farm for Sembcorp's renewables subsidiary Green Infra Wind Energy Ltd. Suzlon Group stated in a statement that as part of the order, it will install 24 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower with a rated capacity of 2.1 MW each.
The project is located in Karnataka and is scheduled to be completed in 2024.
Suzlon will supply the wind turbines (equipment supply) and manage the project from start to finish, including erection and commissioning. It will also provide extensive post-commissi..
Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn
Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.
The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability t..
Impending Solar Storm Threatens Earth
The global scientific community is abuzz with the news of an impending severe geomagnetic storm predicted to hit Earth late Friday night, on May 10. A series of solar flares and coronal mass ejections (CMEs) that began on May 8 are expected to trigger northern auroras and possibly disrupt satellite communications, electric power grid, and even trigger GPS problems.
Astronomers around the world pointed their telescopes at the sun on Friday, marveling at the abnormally large sunspots ever seen on the surface of the local star. The unusual solar activity gave rise to many theories and spe..