Daily News Wrap-Up: GE to Supply Wind Turbines to Continuum’s 148 MW Wind Project
African Development Bank to support Egypt’s electricity and green growth program with €83 million funding
June 18, 2021
Here are some noteworthy cleantech announcements of the day from around the world:
GE Renewable Energy has been selected by Continuum Green Energy India to supply, install, and commission 55 sets of its 2.7-132 onshore wind turbines for the 148.5 MW Morjar, Bhuj, wind farm in Gujarat, India. The project was won by Continuum Green Energy during the tranche-VI auction of wind projects by Solar Energy Corporation of India and is estimated to produce green energy to power 125,000 households in India.
NCRTC has signed a memorandum of understanding (MoU) with Solar Energy Corporation of India (SECI) to use blended renewable energy for its Delhi-Ghaziabad-Meerut Regional Rapid Transit System Corridor. The MoU has provisions to explore possible opportunities in electric/transformative mobility, hydrogen-based economy, and other alternative sources of fuels and energy. NCRTC, as part of its Energy Management Policy, intends to maximize the use of blended renewable energy such as solar power for meeting its full energy requirement. SECI will help in arranging blended renewable energy to NCRTC round the clock at affordable rates for Delhi-Ghaziabad-Meerut Corridor and extend the same cooperation for other future corridors.
TotalEnergies has increased its offshore wind investment. Large-scale projects in the company’s pipeline include Erebus, a floating wind project located off the coast of Wales in waters 70 meters deep, Seagreen, a fixed-bottom offshore wind project in Scotland, and Bada, a floating offshore wind project with a production capacity of 500 MW, coming up off the coast of South Korea in partnership with Macquarie. These projects bring the firm closer to its ambition of getting to net-zero by 2050.
The Board of Directors of the African Development Bank has approved an €83 million (~$100.37 million) loan to finance the second phase of Egypt’s Electricity and Green Growth Support Program. The funding is part of the bank’s budget support to the Egyptian government to strengthen its electricity infrastructure, which is expected to bolster the private sector and accelerate recovery from the Covid-19 crisis. The program seeks to enhance the power sector’s financial sustainability, governance, and operations. It will also advance the provision of clean, reliable energy to drive green growth. Egypt’s successful reforms in the sector have led to greater private investment in utility-scale renewable energy projects.