As part of its energy transition strategy, Cepsa expects to invest between $7.8 billion and $8.9 billion in Spain and Portugal by 2030. From next year, the corporation will devote more than 60 per cent of its investment to sustainable businesses. Cepsa has stated that it intends to build a 7 GW renewable energy project pipeline for its own usage, which will include solar and wind generating plants. Out of this, 1.5 GW of capacity has been connected to the grid. Cepsa’s new 2030 ‘Positive Motion’ strategy, which intends to position the corporation as a leader in energy and transportation, includes the investment plan.
Ministry of Railways floats tender for 4 MW solar project in Goa
The Ministry of Railways has released a tender for the supply, installation, testing, and commissioning of a 4 MW ground-mounted, grid-connected solar power project at Thivim, part of the Konkan Railway in Goa. The project […]
GAIL set to commission its green hydrogen project next month
GAIL (India) Ltd has plans to complete its first green hydrogen project next month. This 10 MW proton exchange membrane (PEM) electrolyser is being set up at the Vijaipur complex in Guna district of Madhya […]
What Goes Around Comes Around: The circular advantage of CBG
The world is changing and so is the way of business. Today, companies no more just look at squeezing costs, driving volumes and tapping resources. Instead, they are keen on rethinking their business models and […]