Author: PPD Team Date: 12/11/2024
Similar Posts
Waaree Energies explores land for solar manufacturing unit in Nagpur
Author: PPD Team Date: 06/01/2025 Waaree Energies Limited (WEL), India’s largest solar PV module manufacturer, is exploring a 500-acre land acquisition in Nagpur for a proposed Rs 80 billion investment in a solar cell and panel manufacturing unit. The company recently inspected potential sites in the Additional Butibori industrial estate of the Maharashtra Industrial Development Corporation (MIDC). If finalized, this project will contribute to Nagpur’s growing renewable energy equipment manufacturing sector. Total proposed investments in…
Trump suspends IRA funding, halting clean energy projects
Author: PPD Team Date: 24/01/2025 US President Donald Trump has issued an executive order suspending all funding disbursements under the Inflation Reduction Act (IRA), marking a significant shift in the US energy agenda. The move, termed “Terminating the Green New Deal,” also halts funding for the Infrastructure Investment and Jobs Act, impacting clean energy and manufacturing projects. Federal agencies now have 90 days to submit reviews and spending recommendations to the Office of Management and…
Oben Electric raises $5.82 million in Series A funding
Author: PPD Team Date: 08/01/2025 Oben Electric has secured $5.82 million in its Series A funding round, with contributions from Ambis Holding US, Kuberan Ventures, Karimjee Group, Mission Vertical’s US-based venture capital entity, and several family offices. The funds will be used to expand its distribution network and Oben Care services to over 100 showrooms across 50 cities in India by FY 2026, as well as to enhance its product portfolio. The Bengaluru-based electric bike…
Wärtsilä to deliver 150 MW BESS for Amp Energy in Australia
Author: PPD Team Date: 18/10/2024 Wärtsilä has secured a contract to provide a 150 MW battery energy storage system (BESS) with a 300 MWh capacity for Amp Energy in South Australia. The Bungama BESS project, currently in its initial phase, aims to strengthen energy security and reliability as the state increasingly relies on renewable energy. The system will utilize Wärtsilä’s advanced Quantum High Energy storage technology, designed to offer crucial grid services such as frequency…
Nexamp and Walmart partner to develop 31 community solar projects across US
Author: PPD Team Date: 19/12/2024 Nexamp has announced a partnership with Walmart to develop 31 community solar projects across the United States, expected to generate over 120 MW (DC) of renewable energy. This collaboration is their second, following a previous joint effort in 2021 for community solar projects in New York. The new solar farms, located in Maine, Massachusetts, New York, Illinois, and Minnesota, aim to provide affordable renewable energy to local businesses and residential…
Orissa Alloy Steel secures Kerendari-BC North coal block
Author: PPD Team Date: 27/11/2024 On the third day of the 10th round of commercial coal mine auctions, Orissa Alloy Steel Private Limited secured the partially explored Kerendari-BC North coal block in Jharkhand, which has geological reserves of 600 million tonnes. The company submitted the highest bid of 23.25% against a reserve price of 4%.
Waaree Energies explores land for solar manufacturing unit in Nagpur
Author: PPD Team Date: 06/01/2025 Waaree Energies Limited (WEL), India’s largest solar PV module manufacturer, is exploring a 500-acre land acquisition in Nagpur for a proposed Rs 80 billion investment in a solar cell and panel manufacturing unit. The company recently inspected potential sites in the Additional Butibori industrial estate of the Maharashtra Industrial Development Corporation (MIDC). If finalized, this project will contribute to Nagpur’s growing renewable energy equipment manufacturing sector. Total proposed investments in…
Trump suspends IRA funding, halting clean energy projects
Author: PPD Team Date: 24/01/2025 US President Donald Trump has issued an executive order suspending all funding disbursements under the Inflation Reduction Act (IRA), marking a significant shift in the US energy agenda. The move, termed “Terminating the Green New Deal,” also halts funding for the Infrastructure Investment and Jobs Act, impacting clean energy and manufacturing projects. Federal agencies now have 90 days to submit reviews and spending recommendations to the Office of Management and…
Oben Electric raises $5.82 million in Series A funding
Author: PPD Team Date: 08/01/2025 Oben Electric has secured $5.82 million in its Series A funding round, with contributions from Ambis Holding US, Kuberan Ventures, Karimjee Group, Mission Vertical’s US-based venture capital entity, and several family offices. The funds will be used to expand its distribution network and Oben Care services to over 100 showrooms across 50 cities in India by FY 2026, as well as to enhance its product portfolio. The Bengaluru-based electric bike…
Wärtsilä to deliver 150 MW BESS for Amp Energy in Australia
Author: PPD Team Date: 18/10/2024 Wärtsilä has secured a contract to provide a 150 MW battery energy storage system (BESS) with a 300 MWh capacity for Amp Energy in South Australia. The Bungama BESS project, currently in its initial phase, aims to strengthen energy security and reliability as the state increasingly relies on renewable energy. The system will utilize Wärtsilä’s advanced Quantum High Energy storage technology, designed to offer crucial grid services such as frequency…
Nexamp and Walmart partner to develop 31 community solar projects across US
Author: PPD Team Date: 19/12/2024 Nexamp has announced a partnership with Walmart to develop 31 community solar projects across the United States, expected to generate over 120 MW (DC) of renewable energy. This collaboration is their second, following a previous joint effort in 2021 for community solar projects in New York. The new solar farms, located in Maine, Massachusetts, New York, Illinois, and Minnesota, aim to provide affordable renewable energy to local businesses and residential…
Orissa Alloy Steel secures Kerendari-BC North coal block
Author: PPD Team Date: 27/11/2024 On the third day of the 10th round of commercial coal mine auctions, Orissa Alloy Steel Private Limited secured the partially explored Kerendari-BC North coal block in Jharkhand, which has geological reserves of 600 million tonnes. The company submitted the highest bid of 23.25% against a reserve price of 4%.
Waaree Energies explores land for solar manufacturing unit in Nagpur
Author: PPD Team Date: 06/01/2025 Waaree Energies Limited (WEL), India’s largest solar PV module manufacturer, is exploring a 500-acre land acquisition in Nagpur for a proposed Rs 80 billion investment in a solar cell and panel manufacturing unit. The company recently inspected potential sites in the Additional Butibori industrial estate of the Maharashtra Industrial Development Corporation (MIDC). If finalized, this project will contribute to Nagpur’s growing renewable energy equipment manufacturing sector. Total proposed investments in…
Trump suspends IRA funding, halting clean energy projects
Author: PPD Team Date: 24/01/2025 US President Donald Trump has issued an executive order suspending all funding disbursements under the Inflation Reduction Act (IRA), marking a significant shift in the US energy agenda. The move, termed “Terminating the Green New Deal,” also halts funding for the Infrastructure Investment and Jobs Act, impacting clean energy and manufacturing projects. Federal agencies now have 90 days to submit reviews and spending recommendations to the Office of Management and…