Daily News Wrap-Up: Coal Ministry to Formulate Policy for Environmental Mitigation
ADNOC and TAQA to form global renewable energy and green hydrogen venture in UAE
November 22, 2021
Here are some noteworthy cleantech announcements of the day from around the world:
A Sustainable Development Cell (SDC) in the Ministry of Coal has been established to advise, mentor, and plan action to minimize the adverse impact of mining. Apart from suggesting a way forward, its implementation, and monitoring, SDC will also formulate a future policy framework for environmental mitigation in India’s coal and lignite sector. To contribute to India’s commitment to increase renewable energy capacity to 500 GW by 2030, coal and lignite companies have planned to install an additional 55.60 GW of renewable capacity with over ₹150 billion (~$2.01 billion) investment. This will take the total installed capacity to 7 GW. Coal India alone has planned to install 3 GW of solar power in the next five years to achieve its net-zero target.
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan launched a new global renewable energy and green hydrogen venture between ADNOC and Abu Dhabi National Energy Company PJSC (TAQA). Al Nahyan is the chairman of Abu Dhabi National Oil Company (ADNOC). The two companies will create a clean energy powerhouse with at least 30 GW of renewable energy by 2030. The partnership will focus on domestic and international renewable energy and waste-to-energy projects and the production, processing, and storage of green hydrogen and ancillary activities. It will leverage ADNOC’s energy and hydrogen capabilities and TAQA’s renewables expertise.
REC Power Development and Consultancy Limited (RECPDCL) has invited bids to select transmission service providers through tariff-based competitive bidding (TBCB) process on a build, own, operate, and transfer (BOOT) basis. The bidders can obtain the Request for Proposal document from November 11, 2021, to January 10, 2022, by paying a non-refundable fee of ₹500,000 (~$6,718.58) + 18% GST. The last date to submit the bids is January 11, 2022.
Building solutions provider Holcim Philippines has signed a 20-year power purchase agreement with renewable energy company Blueleaf Energy to deliver solar power to its plants in Bulacan and La Union. Blueleaf Energy will finance, build, operate, and maintain solar energy facilities in Norzagaray, Bulacan and Bacnotan, La Union, with a combined capacity of 29 MWp and an annual generation of more than 50 GWh that will supply up to 15% of the energy requirements of Holcim Philippines’ plants. The solar energy facilities are scheduled to be completed in 2024.
Singapore-based renewable energy company Vena Energy announced the commercial operation of the 25 MW Wakuya Solar Project in Miyagi Prefecture, Japan. The project can provide up to 6,197 households with clean energy yearly. Its generation capacity will be equivalent to reducing up to 17,294 tons of greenhouse gas emissions and saving up to 24 million liters of water per year. The project was constructed by Vena Energy Engineering KK, the engineering, procurement, and construction arm of Vena Energy. The project’s construction was financed via a long-term green co-financing scheme with six sustainability-focused institutional lenders led by Mizuho Bank.