Author: PPD Team Date: 30/10/2024
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Diamond Power wins cable supply order under DGVCL scheme
Author: PPD Team Date: 29/04/2025 Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) worth Rs 1,509.86 million from Rajesh Power Services Limited. The order is for supplying cross-linked polyethylene (XLPE) aluminium armored high tension (HT) cables under the Dakshin Gujarat Vij Company Limited (DGVCL) System Improvement (SI) scheme. The LoI was issued on April 28, 2025, as part of Gujarat’s broader SI initiatives aimed at strengthening power infrastructure and improving service reliability….
GAIL and Accelera partner for clean energy initiatives
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Arctech secures 2.3 GW solar trackers in Saudi Arabia
Author: PPD Team Date: 28/10/2024 Arctech has signed a major supply agreement with China Energy Engineering Group Co., Ltd. to provide 2.3 GW of its 1P single-axis solar tracker system, SkyLine II, for the PIF4-Haden project owned by ACWA Power. This project, supporting Saudi Vision 2030, is expected to reach commercial operations by early 2027. SkyLine II’s innovative synchronous multi-point drive mechanism enables it to operate effectively in the strong winds typical of the desert…
Ormat Technologies to build 101MW geothermal plant in New Zealand
Author: PPD Team Date: 14/11/2024 Ormat Technologies has signed a $200 million engineering, procurement, and construction (EPC) contract with Contact Energy for the development of the 101 MW Te Mihi Stage 2 geothermal power plant in New Zealand. Scheduled for completion by mid-2027, this project will contribute to New Zealand’s renewable energy goals by gradually replacing the 1950s-built Wairakei geothermal power station. Te Mihi Stage 2 marks Ormat’s fourth major project in New Zealand, leveraging…
Ofgem approves LionLink and Nautilus pilot projects for North Sea wind interconnectors
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Weekly electricity prices drop across most European markets
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Diamond Power wins cable supply order under DGVCL scheme
Author: PPD Team Date: 29/04/2025 Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) worth Rs 1,509.86 million from Rajesh Power Services Limited. The order is for supplying cross-linked polyethylene (XLPE) aluminium armored high tension (HT) cables under the Dakshin Gujarat Vij Company Limited (DGVCL) System Improvement (SI) scheme. The LoI was issued on April 28, 2025, as part of Gujarat’s broader SI initiatives aimed at strengthening power infrastructure and improving service reliability….
GAIL and Accelera partner for clean energy initiatives
Author: PPD Team Date: 20/02/2025 GAIL (India) and Accelera by Cummins, the zero-emissions division of Cummins, have signed a memorandum of understanding (MoU) to collaborate on clean energy and energy transition technologies in India. The partnership was formalized during India Energy Week 2025 in New Delhi. The collaboration aims to integrate Accelera’s expertise in new energy solutions with GAIL’s natural gas infrastructure to explore green energy opportunities, including hydrogen production, blending, transportation, and storage. This…
Arctech secures 2.3 GW solar trackers in Saudi Arabia
Author: PPD Team Date: 28/10/2024 Arctech has signed a major supply agreement with China Energy Engineering Group Co., Ltd. to provide 2.3 GW of its 1P single-axis solar tracker system, SkyLine II, for the PIF4-Haden project owned by ACWA Power. This project, supporting Saudi Vision 2030, is expected to reach commercial operations by early 2027. SkyLine II’s innovative synchronous multi-point drive mechanism enables it to operate effectively in the strong winds typical of the desert…
Ormat Technologies to build 101MW geothermal plant in New Zealand
Author: PPD Team Date: 14/11/2024 Ormat Technologies has signed a $200 million engineering, procurement, and construction (EPC) contract with Contact Energy for the development of the 101 MW Te Mihi Stage 2 geothermal power plant in New Zealand. Scheduled for completion by mid-2027, this project will contribute to New Zealand’s renewable energy goals by gradually replacing the 1950s-built Wairakei geothermal power station. Te Mihi Stage 2 marks Ormat’s fourth major project in New Zealand, leveraging…
Ofgem approves LionLink and Nautilus pilot projects for North Sea wind interconnectors
Author: PPD Team Date: 13/11/2024 The UK energy regulator, Ofgem, has approved the initial stages of two interconnector pilot projects, LionLink and Nautilus, aimed at linking the UK’s transmission network with offshore wind farms in the North Sea. These “offshore hybrid assets” will connect UK, Dutch, and Belgian grids directly to offshore wind farms, delivering a combined capacity of 3.2 GW. National Grid is leading the projects in partnership with Dutch and Belgian transmission operators…
Weekly electricity prices drop across most European markets
Author: PPD Team Date: 31/03/2025 Electricity prices fell across most major European markets last week, according to AleaSoft Energy Forecasting. The consultancy recorded price declines in Belgium, Britain, the Netherlands, France, Germany, Nordic countries, Portugal, and Spain. Italy was the only exception. In most analyzed markets, weekly average prices dropped below €85 ($91.56)/MWh. However, Britain and Italy remained above this threshold. The British market averaged €107.21/MWh, while Italy had the highest at €123.25/MWh. The Nordic…
Diamond Power wins cable supply order under DGVCL scheme
Author: PPD Team Date: 29/04/2025 Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) worth Rs 1,509.86 million from Rajesh Power Services Limited. The order is for supplying cross-linked polyethylene (XLPE) aluminium armored high tension (HT) cables under the Dakshin Gujarat Vij Company Limited (DGVCL) System Improvement (SI) scheme. The LoI was issued on April 28, 2025, as part of Gujarat’s broader SI initiatives aimed at strengthening power infrastructure and improving service reliability….
GAIL and Accelera partner for clean energy initiatives
Author: PPD Team Date: 20/02/2025 GAIL (India) and Accelera by Cummins, the zero-emissions division of Cummins, have signed a memorandum of understanding (MoU) to collaborate on clean energy and energy transition technologies in India. The partnership was formalized during India Energy Week 2025 in New Delhi. The collaboration aims to integrate Accelera’s expertise in new energy solutions with GAIL’s natural gas infrastructure to explore green energy opportunities, including hydrogen production, blending, transportation, and storage. This…