Author: PPD Team Date: 25/10/2024
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MNRE reports record 29.52 GW renewable capacity addition in FY 2024–25
Author: PPD Team Date: 11/04/2025 The Ministry of New and Renewable Energy (MNRE) has reported strong progress in India’s clean energy sector for the Financial Year 2024–25. A record 29.52 GW of renewable energy capacity was added during the year, taking the total installed renewable capacity to 220.10 GW as of 31 March 2025. Solar energy was the main driver of this increase, with 23.83 GW added in FY 2024–25. This is a notable jump…
Sri Lanka to renegotiate wind PPA with Adani Green Energy
Author: PPD Team Date: 30/01/2025 The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices….
JERA Nex and Catalyst Energy partner for clean energy deployment in US
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Cadiz and RIC Energy to develop green hydrogen facility in California
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Rajasthan unveils RIPS to boost renewable energy investments
Author: PPD Team Date: 28/10/2024 The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy. Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy…
SJVN to develop 1,800 MW pumped hydro project in Chhattisgarh
Author: PPD Team Date: 11/03/2025 SJVN Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh to develop an 1,800 MW pumped hydro storage project (PSP) at Kotpali, with an estimated investment of Rs 95 billion. Located in the Balrampur district, the off-stream closed-loop Kotpali PSP will have an installed capacity of 1,800 MW, generating approximately 3,967 million units (MU) of energy annually. The project is expected to create 5,000 direct and…
MNRE reports record 29.52 GW renewable capacity addition in FY 2024–25
Author: PPD Team Date: 11/04/2025 The Ministry of New and Renewable Energy (MNRE) has reported strong progress in India’s clean energy sector for the Financial Year 2024–25. A record 29.52 GW of renewable energy capacity was added during the year, taking the total installed renewable capacity to 220.10 GW as of 31 March 2025. Solar energy was the main driver of this increase, with 23.83 GW added in FY 2024–25. This is a notable jump…
Sri Lanka to renegotiate wind PPA with Adani Green Energy
Author: PPD Team Date: 30/01/2025 The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices….
JERA Nex and Catalyst Energy partner for clean energy deployment in US
Author: PPD Team Date: 04/11/2024 Renewable energy firm JERA Nex has formed a strategic partnership with Catalyst Energy Partners (CEP) to accelerate clean energy deployment across the United States. This collaboration aims to develop, construct, own, and operate new utility-scale renewable energy facilities, leveraging existing grid infrastructure alongside conventional power plants. Through this partnership, JERA Nex will provide financial backing, strategic insights, and operational expertise to support CEP’s clean energy projects. CEP brings a portfolio…
Cadiz and RIC Energy to develop green hydrogen facility in California
Author: PPD Team Date: 28/10/2024 Cadiz has partnered with RIC Energy to build a green hydrogen facility at Cadiz Ranch in California’s Mojave Desert, where Cadiz will supply land and water resources to support RIC Energy’s solar-powered hydrogen production. The facility aims to generate 100% green hydrogen, targeting distribution across Southern California for zero-emission vehicles and power generation. The project plans to operate entirely off-grid, with photovoltaic (PV) solar installations covering up to 3,000 acres…
Rajasthan unveils RIPS to boost renewable energy investments
Author: PPD Team Date: 28/10/2024 The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy. Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy…
SJVN to develop 1,800 MW pumped hydro project in Chhattisgarh
Author: PPD Team Date: 11/03/2025 SJVN Ltd. has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh to develop an 1,800 MW pumped hydro storage project (PSP) at Kotpali, with an estimated investment of Rs 95 billion. Located in the Balrampur district, the off-stream closed-loop Kotpali PSP will have an installed capacity of 1,800 MW, generating approximately 3,967 million units (MU) of energy annually. The project is expected to create 5,000 direct and…
MNRE reports record 29.52 GW renewable capacity addition in FY 2024–25
Author: PPD Team Date: 11/04/2025 The Ministry of New and Renewable Energy (MNRE) has reported strong progress in India’s clean energy sector for the Financial Year 2024–25. A record 29.52 GW of renewable energy capacity was added during the year, taking the total installed renewable capacity to 220.10 GW as of 31 March 2025. Solar energy was the main driver of this increase, with 23.83 GW added in FY 2024–25. This is a notable jump…
Sri Lanka to renegotiate wind PPA with Adani Green Energy
Author: PPD Team Date: 30/01/2025 The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices….