Power Sector News Roundup for October 8, 2024

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Global:

  • Malaysia’s power utility partners with Keppel to supply 100 MW in cross-border deal
  • Taihan Cable secures contract for Singapore’s 400 kV power grid
  • Runergy launches solar module manufacturing facility in US
  • EET to develop UK’s first large-scale low-carbon hydrogen hub
  • CWP Global to develop 600 MW green hydrogen project in Angola

India:

  • IEX posts 24% growth in trading volume, REC prices hit all-time low in September 2024
  • GAIL, AM Green signs MoU to jointly develop 2.5 GW RE, eMethanol
  • CG Power acquires Renesas’ radio frequency components business
  • Exicom acquires Tritium for USD 37 million
  • Megha Engineering commissioned five solar plants in Maharashtra with a combined capacity of 19 MW
  • Servotech Power receives order from Nashik Municipal Corporation to install nine EV charging stations in Maharashtra.
  • Hitachi Energy to invest Rs 20 billion in India over 4-5 years
  • Avaada lays foundation stone for Rs 136.5 billion plant in Nagpur
  • Kundan Green commits Rs 10 billion to expand RE portfolio by 2028
  • PFC secures USD 1.26 billion foreign currency loan for green energy projects
  • Ahasolar Technologies secures order to develop national portal for PM Surya Ghar
  • GE Power secures Rs 209 million order from MPPGCL for boiler parts
  • AESL incorporates subsidiary to explore international transmission projects
  • Purvah Green Power to acquire Bhojraj Renewables
  • Juniper, ACME, Sembcorp win SECI’s 600 MW Wind-Solar Auction
  • NPCIL to operate 220 MW small nuclear reactors for private players

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