Author: PPD Team Date: 07/11/2024
Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India.
Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025.
This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.
Author: PPD Team Date: 06/01/2025 Sasan Power Limited, a subsidiary of Reliance Power, has repaid USD 150 million to India Infrastructure Finance (UK) Company Limited (IIFCL), improving its debt coverage metrics, liquidity, and credit rating. Sasan Power operates the 3,960 MW ultra-mega power plant in Madhya Pradesh, the world’s largest integrated coal-based power plant. It includes a 20 million tonne per annum captive coal mining capacity and supplies electricity to 14 distribution companies across seven…
Author: PPD Team Date: 07/02/2025 RMC Switchgears Limited has won a Rs 192.4 million contract from Maharashtra State Power Generation Company Limited (MSPGCL) for setting up 10 MW decentralised solar photovoltaic (PV) power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. The contract was awarded on February 5, 2025. The project, located at the 33/11 kV Sakali substation in Yawal taluka, Jalgaon district, will be implemented on an engineering, procurement,…
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: 09/12/2024 India’s Ministry of Finance has imposed an anti-dumping duty on solar glass imports from China and Vietnam to protect the domestic solar glass industry from unfair pricing. The duty on Chinese imports ranges from $673 to $677 per metric tonne, while imports from Vietnam face a duty of $565 per metric tonne. The duty applies to textured toughened glass used in solar PV panels and thermal products with a minimum…
Author: PPD Team Date: 18/10/2024 The Department of Energy (DOE) in the Philippines has announced plans to commercialize three offshore wind projects with a combined capacity of 1,650 MW. The projects have received certificates of confirmation of commerciality, enabling them to enter the development phase. The consortium developing these projects includes Triconti Windkraft Group, Sea Wind Holdings, and Stream Invest Holding. The projects consist of the 450 MW Frontera Bay Wind Power Project, located off…
Author: PPD Team Date: 30/04/2025 Reliance Industries Limited (RIL) has secured the contract to develop the “Transmission System for supply of power to Green Hydrogen/Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW).” The bidding process was managed by PFC Consulting Limited (PFCCL), which invited proposals in October 2024. PFCCL had also incorporated Kandla GHA Transmission Limited (KGTL), a special purpose vehicle (SPV), on November 28, 2024, to carry out this project. RIL…
Author: PPD Team Date: 06/01/2025 Sasan Power Limited, a subsidiary of Reliance Power, has repaid USD 150 million to India Infrastructure Finance (UK) Company Limited (IIFCL), improving its debt coverage metrics, liquidity, and credit rating. Sasan Power operates the 3,960 MW ultra-mega power plant in Madhya Pradesh, the world’s largest integrated coal-based power plant. It includes a 20 million tonne per annum captive coal mining capacity and supplies electricity to 14 distribution companies across seven…
Author: PPD Team Date: 07/02/2025 RMC Switchgears Limited has won a Rs 192.4 million contract from Maharashtra State Power Generation Company Limited (MSPGCL) for setting up 10 MW decentralised solar photovoltaic (PV) power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. The contract was awarded on February 5, 2025. The project, located at the 33/11 kV Sakali substation in Yawal taluka, Jalgaon district, will be implemented on an engineering, procurement,…
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: 09/12/2024 India’s Ministry of Finance has imposed an anti-dumping duty on solar glass imports from China and Vietnam to protect the domestic solar glass industry from unfair pricing. The duty on Chinese imports ranges from $673 to $677 per metric tonne, while imports from Vietnam face a duty of $565 per metric tonne. The duty applies to textured toughened glass used in solar PV panels and thermal products with a minimum…
Author: PPD Team Date: 18/10/2024 The Department of Energy (DOE) in the Philippines has announced plans to commercialize three offshore wind projects with a combined capacity of 1,650 MW. The projects have received certificates of confirmation of commerciality, enabling them to enter the development phase. The consortium developing these projects includes Triconti Windkraft Group, Sea Wind Holdings, and Stream Invest Holding. The projects consist of the 450 MW Frontera Bay Wind Power Project, located off…
Author: PPD Team Date: 30/04/2025 Reliance Industries Limited (RIL) has secured the contract to develop the “Transmission System for supply of power to Green Hydrogen/Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW).” The bidding process was managed by PFC Consulting Limited (PFCCL), which invited proposals in October 2024. PFCCL had also incorporated Kandla GHA Transmission Limited (KGTL), a special purpose vehicle (SPV), on November 28, 2024, to carry out this project. RIL…
Author: PPD Team Date: 06/01/2025 Sasan Power Limited, a subsidiary of Reliance Power, has repaid USD 150 million to India Infrastructure Finance (UK) Company Limited (IIFCL), improving its debt coverage metrics, liquidity, and credit rating. Sasan Power operates the 3,960 MW ultra-mega power plant in Madhya Pradesh, the world’s largest integrated coal-based power plant. It includes a 20 million tonne per annum captive coal mining capacity and supplies electricity to 14 distribution companies across seven…
Author: PPD Team Date: 07/02/2025 RMC Switchgears Limited has won a Rs 192.4 million contract from Maharashtra State Power Generation Company Limited (MSPGCL) for setting up 10 MW decentralised solar photovoltaic (PV) power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. The contract was awarded on February 5, 2025. The project, located at the 33/11 kV Sakali substation in Yawal taluka, Jalgaon district, will be implemented on an engineering, procurement,…