Category: Big Moves Asia

Korean Energy Agency awards offtake contract to Taean Wind Project

Vena Energy and Copenhagen Infrastructure Partners’ (CIP) joint wind project has been awarded an offtake contract in the Wind Power Fixed-Price Contract Auction which was arranged by the Korea Energy Agency (KEA). This project is known as the Taean Wind Project and has a planned capacity of 500 MW.  Furthermore, this is a fixed-bottom offshore wind project and is expected to begin construction in the second half of 2026.

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Vena Energy and LINE Yahoo ink VPPA for solar project in Japan

Vena Energy and LINE Yahoo Corporation (LYC) have inked a virtual power purchase agreement (VPPA) centered on the Maniwa Solar Project. This is a 72 MW solar project and will be built on a repurposed golf course in Maniwa City, Okayama Prefecture. It is expected to be operational by 2026. Furthermore, this clean energy output will be traded on the Japan Electric Power Exchange (JEPX) through Digital Grid Corporation.

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CHN Energy connects offshore solar-hydrogen project to the grid

CHN Energy’s Guohua Energy Investment Co., Ltd. which operates the Rudong Integrated Photovoltaic (PV)-hydrogen-storage project has connected it to the grid. This project is located on the coastal tidal flats of the Yudong Reclamation Area in Rudong County. The project combines PV power generation, hydrogen production and refueling, and energy storage. 

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ELUPRO, Muscat House and MA Corporation ink green ammonia supply agreement 

ELUPRO has inked a tripartite agreement with energy companies of Oman and Thailand named Muscat House and MA Corporation respectively to partner for the production, supply, and sale of green ammonia. Earlier, Muscat House and ELUFO Oman (a subsidiary of ELUFO) inked a contract for the production and supply of green ammonia. At a similar time, ELUPRO inked a green ammonia sales contract with MA Corporation.

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Gentari to supply 650 MW clean energy to AMG Ammonia

Gentari, through its subsidiary Gentari Renewables India Castor One, has signed a power purchase agreement (PPA) with AM Green Ammonia India (AMG Ammonia) to supply 650 MW of round-the-clock (RTC) renewable energy. To fulfill this agreement, Gentari will establish approximately 2,400 MW of combined wind and solar energy capacity in India, integrated with 350 MW/2,100 MWh of energy storage systems.

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AM Green and RWE ink green ammonia supply deal

RWE Supply & Trading has signed a MoU with AM Green Ammonia B.V. (AMG) for the long-term provision of 250,000 tonnes of green ammonia annually from AMG’s facilities in India. The ammonia will be produced at the Kakinada and Tuticorin sites, with an initial production of 50,000 tonnes at Kakinada and up to 200,000 tonnes sourced from Tuticorin. 

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Vena Energy to export 400 MW solar power from Indonesia to Singapore

Vena Energy is partnering with Shell Eastern Trading and received conditional approval from Singapore’s Energy Market Authority (EMA) to export 400 MW of solar power from Indonesia’s Riau Islands to Singapore. The EMA granted the conditional approval at the Indonesia International Sustainability Forum in Jakarta. The project is expected to generate over 2.6 TWh of renewable energy annually

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India launches 500 MW offshore wind tender

The Solar Energy Corporation of India (SECI) has issued a tender for 500 MW offshore wind projects (tranche-I) in Gujarat, India. The project will be connected to the inter state transmission system (ISTS) and be developed on a build-own-operate basis. It will be developed in a 202 sq. km area in the Gulf of Khambhat, off the coast of Gujarat. The last date of bid submission is December 10, 2024.

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TotalEnergies and Adani join forces for 1 GW solar power in India

TotalEnergies and Adani Green Energy Limited (AGEL) have agreed to form a new joint venture (JV) focused on solar deployment in India. The JV will develop a solar portfolio in Khavda, in the state of Gujarat, with a capacity of 1,150 MW (1,575 MWp). The partnership will be equally owned by both companies. TotalEnergies has provided an equity investment of $444 million for the venture, while AGEL is contributing assets to the JV.

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