Author: PPD Team Date: 12/11/2024
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MNRE launches ‘Innovative Projects’ scheme under PM-Surya Ghar
Author: PPD Team Date: 15/10/2024 The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups, institutions, and industries in piloting new concepts such as blockchain-based peer-to-peer solar trading, smart materials,…
Locals oppose survey for proposed nuclear power plant in Koppal district
Author: PPD Team Date: 20/12/2024 The central government has selected a site near Arasinakeri, Koppal, for Karnataka’s second nuclear power plant. However, the proposal faces opposition due to land shortages and environmental concerns, particularly regarding nearby protected forest areas. The government requires 1200 acres for the plant, but only 615-635 acres are available. The district administration is surveying nearby land, at least 3 km from populated areas, to meet the requirement. Environmentalists and locals are…
ABL secures marine warranty survey contract for Iberdrola’s Windanker wind farm
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Mercados Energy wins consultancy contract for APDCL power procurement
Author: PPD Team Date: 20/12/2024 Mercados Energy Markets India Private Limited has secured a Rs 2.8 million contract to provide consultancy and regulatory support services to Assam Power Distribution Company Limited (APDCL) for the procurement of 500 MW long-term hydro power. APDCL invited bids for the consultancy in October 2024. The project will be executed through a tariff-based competitive bidding (TBCB) process.
Good Energy to acquire solar installer Empower Energy
Author: PPD Team Date: 30/10/2024 Renewable energy provider Good Energy Group has signed a conditional binding agreement to acquire Empower Energy, a commercial solar installation company, for an initial consideration of £7 million ($7.56 million). The acquisition, structured on a debt-free, cash-free basis, includes £6.25 million in cash and the allotment of 254,237 new ordinary shares in Good Energy at 295 pence per share, subject to a 12-month lock-up followed by a 12-month orderly marketing…
ACME Solar, ReNew Power receive LoA for 550 MW Solar Power Projects
Author: PPD Team Date: 31/01/2025 ACME Solar Holdings Private Limited and ReNew Solar Power Private Limited, a wholly-owned subsidiary of ReNew Power Ventures Private Limited, have received Letters of Award (LoAs) for setting up a total of 550 MW Inter-State Transmission System (ISTS)-connected solar power projects with energy storage systems (ESS) under Tranche-XVIII of Solar Energy Corporation of India (SECI). ReNew Solar Power received an LoA for 250 MW at a tariff of Rs 3.04…
MNRE launches ‘Innovative Projects’ scheme under PM-Surya Ghar
Author: PPD Team Date: 15/10/2024 The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups, institutions, and industries in piloting new concepts such as blockchain-based peer-to-peer solar trading, smart materials,…
Locals oppose survey for proposed nuclear power plant in Koppal district
Author: PPD Team Date: 20/12/2024 The central government has selected a site near Arasinakeri, Koppal, for Karnataka’s second nuclear power plant. However, the proposal faces opposition due to land shortages and environmental concerns, particularly regarding nearby protected forest areas. The government requires 1200 acres for the plant, but only 615-635 acres are available. The district administration is surveying nearby land, at least 3 km from populated areas, to meet the requirement. Environmentalists and locals are…
ABL secures marine warranty survey contract for Iberdrola’s Windanker wind farm
Author: PPD Team Date: 26/11/2024 Energy and marine consultancy ABL, part of the ABL Group, has been awarded a contract to provide marine warranty survey (MWS) services for Iberdrola’s 315 MW Windanker offshore wind farm in the Baltic Sea, 25 km offshore Germany. ABL Germany, based in Hamburg, will oversee the offshore transportation and installation of foundations, inter-array cables, and wind turbine generators for the project, which will include 21 turbines, each with 15 MW…
Mercados Energy wins consultancy contract for APDCL power procurement
Author: PPD Team Date: 20/12/2024 Mercados Energy Markets India Private Limited has secured a Rs 2.8 million contract to provide consultancy and regulatory support services to Assam Power Distribution Company Limited (APDCL) for the procurement of 500 MW long-term hydro power. APDCL invited bids for the consultancy in October 2024. The project will be executed through a tariff-based competitive bidding (TBCB) process.
Good Energy to acquire solar installer Empower Energy
Author: PPD Team Date: 30/10/2024 Renewable energy provider Good Energy Group has signed a conditional binding agreement to acquire Empower Energy, a commercial solar installation company, for an initial consideration of £7 million ($7.56 million). The acquisition, structured on a debt-free, cash-free basis, includes £6.25 million in cash and the allotment of 254,237 new ordinary shares in Good Energy at 295 pence per share, subject to a 12-month lock-up followed by a 12-month orderly marketing…
ACME Solar, ReNew Power receive LoA for 550 MW Solar Power Projects
Author: PPD Team Date: 31/01/2025 ACME Solar Holdings Private Limited and ReNew Solar Power Private Limited, a wholly-owned subsidiary of ReNew Power Ventures Private Limited, have received Letters of Award (LoAs) for setting up a total of 550 MW Inter-State Transmission System (ISTS)-connected solar power projects with energy storage systems (ESS) under Tranche-XVIII of Solar Energy Corporation of India (SECI). ReNew Solar Power received an LoA for 250 MW at a tariff of Rs 3.04…
MNRE launches ‘Innovative Projects’ scheme under PM-Surya Ghar
Author: PPD Team Date: 15/10/2024 The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups, institutions, and industries in piloting new concepts such as blockchain-based peer-to-peer solar trading, smart materials,…
Locals oppose survey for proposed nuclear power plant in Koppal district
Author: PPD Team Date: 20/12/2024 The central government has selected a site near Arasinakeri, Koppal, for Karnataka’s second nuclear power plant. However, the proposal faces opposition due to land shortages and environmental concerns, particularly regarding nearby protected forest areas. The government requires 1200 acres for the plant, but only 615-635 acres are available. The district administration is surveying nearby land, at least 3 km from populated areas, to meet the requirement. Environmentalists and locals are…