Author: PPD Team Date: 05/11/2024
SBEC Systems (India) has commissioned a 632 KWp solar power project at G S Pharmbutor’s Nutrition Division, located within the Modi Steel Compound in Modinagar, Uttar Pradesh. The project became operational on November 5, 2024.
This initiative aligns with SBEC Systems’ focus on engineering and consultancy services across various industries, emphasizing their commitment to advancing renewable energy solutions.
Author: PPD Team Date: 08/01/2025 Teerth Gopicon and Reliance Industries have secured SJVN’s tender to develop 5,830 kW of grid-connected solar projects under the PM Surya Ghar: Muft Bijli Yojana. Teerth Gopicon was awarded 5,705 kW, and Reliance Industries 125 kW. The projects, aimed at installing solar systems on union government buildings across Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and Rajasthan, will be implemented under the renewable energy service company model. The Ministry…
Author: PPD Team Date: 16/01/2025 Hartek Group’s commercial and industrial rooftop solar division has secured an 8 MW solar EPC contract in Jammu & Kashmir. The project, awarded by Kandhari Beverages Private Limited, a bottling plant of Hindustan Coca-Cola, is under execution and expected to be commissioned within the current quarter. The project includes engineering and design, procurement of solar modules, inverters, and associated equipment, testing and commissioning, and operations and maintenance. It is projected…
Author: PPD Team Date: 28/03/2025 AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG. The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable energy projects, along with its broader energy transition initiatives. Beyond financial backing, the partnership provides AMPIN access to Siemens’ energy technology expertise, advanced solutions, and global best practices. This strategic collaboration is expected to enhance AMPIN’s…
Author: PPD Team Date: 03/01/2025 India and Pakistan have exchanged lists of their nuclear installations under a 1988 bilateral pact prohibiting attacks on each other’s atomic facilities. The exchange, facilitated through diplomatic channels in New Delhi and Islamabad, follows the provisions of the Agreement on the Prohibition of Attacks Against Nuclear Installations and Facilities. This marks the 34th annual exchange since the agreement’s implementation in 1991, with the first exchange occurring on January 1, 1992….
Author: PPD Team Date: 21/10/2024 According to LevelTen, a price tracking platform, European power purchase agreement (PPA) prices for green electricity dropped by 12.4% in Q3 2024 compared to the same period in 2023. This decrease is attributed to declining inflation and reduced market volatility following the COVID-19 pandemic and the 2022 energy crisis. LevelTen’s quarterly report suggests that current stable market conditions present an opportunity for buyers to secure favourable deals. The variety of…
Author: PPD Team Date: 28/11/2024 Singapore-based Maxeon Solar Technologies has announced plans to divest its non-US assets, concentrating exclusively on the US market to drive growth and profitability. Maxeon will lease a facility in Albuquerque, New Mexico, for solar panel production, targeting a 2 GW capacity by early 2026. The divestment includes its sales, marketing, and manufacturing operations in Europe, the Middle East, Africa, Asia-Pacific, and Latin America, which will be acquired by TCL Group,…
Author: PPD Team Date: 08/01/2025 Teerth Gopicon and Reliance Industries have secured SJVN’s tender to develop 5,830 kW of grid-connected solar projects under the PM Surya Ghar: Muft Bijli Yojana. Teerth Gopicon was awarded 5,705 kW, and Reliance Industries 125 kW. The projects, aimed at installing solar systems on union government buildings across Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and Rajasthan, will be implemented under the renewable energy service company model. The Ministry…
Author: PPD Team Date: 16/01/2025 Hartek Group’s commercial and industrial rooftop solar division has secured an 8 MW solar EPC contract in Jammu & Kashmir. The project, awarded by Kandhari Beverages Private Limited, a bottling plant of Hindustan Coca-Cola, is under execution and expected to be commissioned within the current quarter. The project includes engineering and design, procurement of solar modules, inverters, and associated equipment, testing and commissioning, and operations and maintenance. It is projected…
Author: PPD Team Date: 28/03/2025 AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG. The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable energy projects, along with its broader energy transition initiatives. Beyond financial backing, the partnership provides AMPIN access to Siemens’ energy technology expertise, advanced solutions, and global best practices. This strategic collaboration is expected to enhance AMPIN’s…
Author: PPD Team Date: 03/01/2025 India and Pakistan have exchanged lists of their nuclear installations under a 1988 bilateral pact prohibiting attacks on each other’s atomic facilities. The exchange, facilitated through diplomatic channels in New Delhi and Islamabad, follows the provisions of the Agreement on the Prohibition of Attacks Against Nuclear Installations and Facilities. This marks the 34th annual exchange since the agreement’s implementation in 1991, with the first exchange occurring on January 1, 1992….
Author: PPD Team Date: 21/10/2024 According to LevelTen, a price tracking platform, European power purchase agreement (PPA) prices for green electricity dropped by 12.4% in Q3 2024 compared to the same period in 2023. This decrease is attributed to declining inflation and reduced market volatility following the COVID-19 pandemic and the 2022 energy crisis. LevelTen’s quarterly report suggests that current stable market conditions present an opportunity for buyers to secure favourable deals. The variety of…
Author: PPD Team Date: 28/11/2024 Singapore-based Maxeon Solar Technologies has announced plans to divest its non-US assets, concentrating exclusively on the US market to drive growth and profitability. Maxeon will lease a facility in Albuquerque, New Mexico, for solar panel production, targeting a 2 GW capacity by early 2026. The divestment includes its sales, marketing, and manufacturing operations in Europe, the Middle East, Africa, Asia-Pacific, and Latin America, which will be acquired by TCL Group,…
Author: PPD Team Date: 08/01/2025 Teerth Gopicon and Reliance Industries have secured SJVN’s tender to develop 5,830 kW of grid-connected solar projects under the PM Surya Ghar: Muft Bijli Yojana. Teerth Gopicon was awarded 5,705 kW, and Reliance Industries 125 kW. The projects, aimed at installing solar systems on union government buildings across Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and Rajasthan, will be implemented under the renewable energy service company model. The Ministry…
Author: PPD Team Date: 16/01/2025 Hartek Group’s commercial and industrial rooftop solar division has secured an 8 MW solar EPC contract in Jammu & Kashmir. The project, awarded by Kandhari Beverages Private Limited, a bottling plant of Hindustan Coca-Cola, is under execution and expected to be commissioned within the current quarter. The project includes engineering and design, procurement of solar modules, inverters, and associated equipment, testing and commissioning, and operations and maintenance. It is projected…