Adani Renewable Energy Holdings IV has established three new renewable energy business subsidiaries. The newly formed entity is its subordinate subsidiary. The main objective of the new subsidiary is to generate, develop, convert, distribute, transmit, sell, supply any type of electricity or electrical energy using wind, solar or other renewable energy sources.
Punjab's Minister of New and Renewable Energy, Aman Arora, has sought Central Financial Assistance (CFA) for power supply of up to 15 horsepower (HP) capacity under the PM-KUSUM scheme under the model of the Northeast and Hill States. Agricultural pump set for solarization. Most pumps have capacities ranging from 10HP to 15HP, and insolation costs can be high, he said.
Ohmium International and Amp Energy India have partnered to deploy a 400 MW green hydrogen project. These deployments are targeted at medium-sized commercial and industrial (C&I) projects of 25 MW or smaller, with installations planned over the next three years. Ohmium manufactures standardized modular proton exchange membrane (PEM) electrolyzers that produce pressurized high-purity hydrogen.
Vedanta has issued an Expression of Interest (EOI) for an additional 500 megawatts (MW) of renewable energy. The company previously secured 580 megawatts of round-the-clock (RTC) renewable energy through Serentica Renewables. Vedanta has committed $5 billion over the next 10 years to accelerate the transition to net-zero operations.
GE Renewable Energy announced on Wednesday that it will supply, install and commission onshore wind turbines for Continuum Green Energy's 218 MW wind project in Tamil Nadu and Madhya Pradesh. The orders were placed by Continuum's subsidiaries Continuum MP Windfarm Development and Dalawaipuram Renewables.
Siemens Gamesa aims to resolve major issues with its flagship onshore wind turbine model within the next three months. The world's largest maker of offshore turbines has issued a series of profit warnings as it grapples with complex internal procedures. It warned that 10-15 loss-making projects related to problematic equipment would continue to be a drag into 2024.