Author: PPD Team Date: October 28, 2024
Insolation Green Energy Private Limited has received a purchase order to supply solar photovoltaic (PV) modules for NTPC’s Khavada site in Gujarat.
The order, valued at Rs 2.08 billion, includes 150 MW of 550 Wp solar PV modules, with execution planned for the fiscal year 2024-25.
Author: PPD Team Date: March 9, 2026 The Government of Karnataka has presented the state budget for 2026-27, outlining measures focused on power sector infrastructure, renewable energy expansion, and continued electricity subsidy support for farmers and households. Over the past three years, the state has allocated Rs 48,000 crore under the free electricity subsidy scheme, covering 36 lakh irrigation pump sets and benefiting around 21 lakh farmers. For 2026-27, the government has earmarked Rs 19,290…
Author: PPD Team Date: January 13, 2026 NLC India Limited, following a meeting of its Board of Directors held on January 12, 2026, has granted in-principle approval for the listing of its wholly owned subsidiary, NLC India Renewables Limited (NIRL). The proposed listing is in line with the Government of India’s National Monetisation Pipeline strategy and involves dilution of up to 25% equity stake in NIRL through one or more public offerings. The proposal remains…
Author: PPD Team Date: September 29, 2025 NTPC Limited has announced that its Board of Directors, in a meeting held on September 26, 2025, approved an equity infusion of up to Rs 2,444.39 crore in North Eastern Electric Power Corporation Limited (NEEPCO), a wholly owned subsidiary. The funds will support three hydro projects and one solar project. The board also cleared proposals from Aravali Power Company Private Limited (APCPL), a joint venture between NTPC, Haryana…
Author: PPD Team Date: October 18, 2024 Plenitude, an Eni-controlled energy company, has commenced construction of a 220 MW solar plant in Villarino de los Aires, Salamanca, Spain. The facility, spanning 286 hectares, will be among the largest in the Castilla y Leon region and will connect to Spain’s national grid via a 3.2 km underground medium-voltage line. The plant will feature 365,300 bifacial modules and is expected to generate over 400 GWh of electricity…
Author: PPD Team Date: February 11, 2025 China’s National Development and Reform Commission (NDRC), along with the nation’s energy administration, is taking steps to roll back subsidies for renewable energy projects, according to Reuters. In 2024, China saw a record-breaking 45% rise in solar installations, reaching nearly 887GW of installed solar capacity—six times the size of the United States’ solar power capacity, as per the International Renewable Energy Agency. This rapid growth has enabled China…
Author: PPD Team Date: November 6, 2024 The Swedish government has denied 13 applications for offshore wind farms in the Baltic Sea, south of the Sea of Åland, citing national defence interests. The rejected projects include Arkona, Aurora, Baltic Offshore Beta, Cirrus, and others, as they posed potential conflicts with Sweden’s military operations. This decision affects various developers, including Hexicon’s joint venture Freja Offshore, which will halt its Cirrus and Dyning projects. Defence Minister Pål…