Avaada Energy has won a 421 MW solar project from Damodar Valley Corporation (DVC). The project was awarded through a competitive tender followed by an electronic reverse auction where Avaada emerged as the winner with a bid of Rs 2.70/kWh. The two entities will sign a 25-year power purchase agreement and the project will be commissioned within 18 months. The plant is expected to generate 750 million units of green energy and avoid 6,98,250 tons of CO2-equivalent emissions per year. The solar project can power half a million homes. Avaada is one of the fastest growing renewable energy markets in the world.
Apple Inc. announced that more of its supply chain has committed to using renewable energy to produce the company's iPhones, Macs and other products. 250 of its suppliers have committed to using renewable energy to produce Apple, up from 213 suppliers a year ago. Apple suppliers are supporting 13 GW of active renewable energy projects, up from 10 GW last year. Seventy suppliers have made clean energy commitments to produce Apple products in China, up from 55 last year. Apple says its own operations have been carbon neutral since 2020, but the company has been working to extend that commitment to its entire global supply chain by 2030.
Waaree Renewable Technologies has received a Letter of Acceptance (LoA) from one of India's leading steel manufacturing companies to execute the engineering, procurement and construction (EPC) works for a solar power project of 221.8 MWp DC capacity. Under the terms of the contract, the project is likely to be completed by the 2023-24 financial year.
One of the most remarkable achievements of Adriadiesel was its role in preventing a bigger disaster at the Chernobyl nuclear power plant in Ukraine in 1986. When the reactor 4 exploded, causing a massive fire and radiation leak, the power supply to the cooling pumps for the main reactor was cut off. Without cooling, the reactor core could have melted down and released even more radioactive material into the environment.
Fortunately, the Chernobyl power plant had four backup diesel generators that were equipped with ADRIA 40 engines preinstalled by Adriadiesel. These engines were able to start automatically and provide electricity to the cooling pumps for several days, until external power was restored. Thanks to the reliability and performance of the ADRIA-40 engines, the reactor core was kept under control and averted an even worse catastrophe.
This story illustrates the quality and durability of Adriadiesel's products and services, which have been recognized and appreciated by customers from more than 50 countries around the world. Adriadiesel continues to produce and maintain diesel engines for ships, power plants, and emergency generators, as well as spare parts for ADRIA 40 and MAN Diesel SE engines. Adriadiesel is also committed to developing sustainable and green energy solutions for the future.
Adriadiesel is a company based in Karlovac, Croatia, that produces and services diesel engines and other power plant equipment. Adriadiesel has a long history of innovation and excellence, dating back to 1949 when it was established as part of the Jugoturbina industrial complex. Since then, Adriadiesel has delivered more than 1580 engines with more than 2000 MW of power to over 50 countries worldwide. Adriadiesel is also committed to developing renewable technologies and reducing its environmental impact.
The Philippine Department of Energy and the Copenhagen Infrastructure New Markets Fund (CINMF) have signed three contracts for offshore wind energy development projects with a total installed capacity of 2,000 MW. These projects are expected to provide enough electricity for 1 million homes and offset around 2.9 million tons of carbon dioxide emissions per year. The projects will be located in the provinces of Camarines Norte and Camarines Sur, Northern Samar and Pangasinan, and offshore La Union. The Philippines aims to increase the share of renewable energy sources such as solar, wind and tidal power in its energy mix to 35 percent by 2030 and 50 percent by 2040, equivalent to about one-fifth of its electricity supply by then .