Here are some notable cleantech announcements of the day from around the world:
The Cabinet Committee on Economy chaired by Indian Prime Minister Narendra Modi has approved the £ 18.10 billion investment (~ $ 242.44 million) for 210 MW of the Luhri Stage-I hydropower project. The hydropower project is located on the Satluj River in the Shimla and Kullu districts of Himachal Pradesh. The project is expected to generate around 758.20 million units of electricity annually. Satluj Jal Vidyut Nigam Limited is implementing the project with the support of the state government and the Indian government. The project is expected to be operational within 62 months.
Lhoist and Total Quadran have signed a partnership agreement to develop solar projects with an output of over 83 MW in 11 French plants in Lhoist. Total Quadran, a wholly owned subsidiary of Total, will develop and operate these solar projects. The electricity generated from these plants will cover around 70% of Lhoist’s electricity consumption in France. The project is expected to be commissioned by 2023.
The European Bank for Reconstruction and Development did invested 240 million Poles Zloty (PLN) (~ 61.47 million USD) for 24% of a bond issued by Tauron Polska Energia in local currency in the amount of 1 billion PLN (~ 256.46 million USD). Tauron Polska Energia, a Poland-based energy company, is expected to use the proceeds to upgrade its solar photovoltaic portfolio to 20 MW and its onshore wind portfolio by an additional 720 MW by 2025. By 2030, the energy company aims to generate over 65% of its energy from zero-emission and low-emission sources, while reducing greenhouse gas emissions by half.
Ingeteam has delivered 70 photovoltaic central inverters with 1500 V technology and a nominal output of 1690 kW for a solar project of over 100 MW in Chile. Global Power Generation, a subsidiary of the Naturgy Group, owned the solar project under construction in the Atacama Desert in Chile. Ingeteam will carry out the commissioning work over the next few months and also provide the operating and maintenance services.
Iberdrola, a Spain-based electricity company, has selected Nel hydrogen electrolyser as the preferred supplier for building a 20 MW hydrogen production system using electrolysis on its green hydrogen complex. The green hydrogen complex, worth EUR 150 million (~ USD 175.25 million), is expected to go into operation in 2021. The complex in Puertollano in Spain includes a 100 MW solar project, a lithium-ion battery storage system with a capacity of 20 MWh. and a 20 MW hydrogen production system. Once the complex is operational, around 48,000 tons of carbon dioxide emissions will be reduced annually.
International Finance Corporation, a member of the World Bank Group, said Santander Brazil is funded with $ 100 million to support green funding in Brazil Improving access to credit for small and medium-sized enterprises (SMEs). Half of the funds for Santander Bazil will be used to market photovoltaic modules. The remaining 20% goes to SMEs owned by women.
International Hydropower Association and the US Department of Energy have announced The launch of a global initiative by 11 governments and over 60 organizations aimed to address the need for clean and reliable energy storage. The International Forum for Pumped Storage Power Plants (IFPSH) brings together the USA, Austria, Brazil, Estonia, Greece, India, Indonesia, Israel, Morocco, Norway and Switzerland. The IFPSH will develop policy proposals and share knowledge on the technical and market reforms needed to overcome barriers to sustainable pumped storage hydropower projects.
Jaguar Land Rover India has open Bookings of his fully electric sport utility vehicle (SUV), the Jaguar I-PACE. The fully electric SUV is equipped with a 90 kWh lithium-ion battery that delivers 400 horsepower (PS) from its two electric motors. The I-PACE is offered in three variants, including S, SE and HSE. The company has also partnered with Tata Power in India to provide charging solutions for I-PACE consumers. Consumers can also access the charging system for electric vehicles “EZ Charge” installed by Tata Power. The network has more than 200 charging stations in over 23 cities across the country.
Here is our previous daily recap of the news.
Harsh is a reporter at Mercom India. Previously, he reported general interest stories at Indian Express. He holds a Masters Degree in Journalism from the Symbiosis Institute of Media and Communication in Pune.
More articles from Harsh Shukla.