Author: PPD Team Date: 12/11/2024
The Bangladesh Power Development Board (BPDB) has issued a $173 million letter of credit (LC) to Adani Power Limited to maintain the electricity supply.
This LC follows Adani Power’s reduction of electricity deliveries by half due to unpaid dues totalling $843 million.
Issued by Bangladesh’s Krishi Bank, with ICICI Bank in India as the counterpart, this is BPDB’s third LC to address payment issues with Adani Power.
Author: PPD Team Date: 28/10/2024 Insolation Green Energy Private Limited has received a purchase order to supply solar photovoltaic (PV) modules for NTPC’s Khavada site in Gujarat. The order, valued at Rs 2.08 billion, includes 150 MW of 550 Wp solar PV modules, with execution planned for the fiscal year 2024-25.
Author: PPD Team Date: 30/01/2025 JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million. The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1 million MWh of clean energy annually. The facilities include a 120 MW solar PV plant…
Author: PPD Team Date: 03/12/2024 Tasmania’s first large-scale solar photovoltaic (PV) project, the 288 MW Northern Midlands solar farm, has signed an offtake agreement with state-owned utility Hydro Tasmania, committing to purchase 100% of the energy generated by the A$500 million (US$325 million) project near Launceston. The farm, developed by TasRex in partnership with investment manager Birdwood Energy, is expected to be operational by 2027. Spanning 600 hectares and equipped with 670,000 solar PV modules,…
Author: PPD Team Date: 20/01/2025 The Electrical Research & Development Association (ERDA) has received official approval as a third-party laboratory by KAHRAMAA (Qatar General Electricity and Water Corporation). ERDA’s test reports will now be recognized for the KAHRAMAA distribution network (up to 33kV), covering Low Voltage (LV) Switchgear, Instrument Transformers, Conductors & Accessories, Insulators & Insulating Materials, Earthing Systems, and Insulating Oil. This accreditation positions ERDA as a trusted partner in ensuring the highest quality…
Author: PPD Team Date: 22/11/2024 ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value). The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric plants with a total installed capacity of 626 MW, located across Aragón, Navarra, Soria, and…
Author: PPD Team Date: 05/12/2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres. The expansion aims to boost manufacturing in electric and renewable energy equipment. The state Cabinet has also revised allotment processes and facilities for businesses in the industrial park. Additionally, the Cabinet approved road infrastructure projects worth Rs 23.1 billion to…
Author: PPD Team Date: 28/10/2024 Insolation Green Energy Private Limited has received a purchase order to supply solar photovoltaic (PV) modules for NTPC’s Khavada site in Gujarat. The order, valued at Rs 2.08 billion, includes 150 MW of 550 Wp solar PV modules, with execution planned for the fiscal year 2024-25.
Author: PPD Team Date: 30/01/2025 JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million. The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1 million MWh of clean energy annually. The facilities include a 120 MW solar PV plant…
Author: PPD Team Date: 03/12/2024 Tasmania’s first large-scale solar photovoltaic (PV) project, the 288 MW Northern Midlands solar farm, has signed an offtake agreement with state-owned utility Hydro Tasmania, committing to purchase 100% of the energy generated by the A$500 million (US$325 million) project near Launceston. The farm, developed by TasRex in partnership with investment manager Birdwood Energy, is expected to be operational by 2027. Spanning 600 hectares and equipped with 670,000 solar PV modules,…
Author: PPD Team Date: 20/01/2025 The Electrical Research & Development Association (ERDA) has received official approval as a third-party laboratory by KAHRAMAA (Qatar General Electricity and Water Corporation). ERDA’s test reports will now be recognized for the KAHRAMAA distribution network (up to 33kV), covering Low Voltage (LV) Switchgear, Instrument Transformers, Conductors & Accessories, Insulators & Insulating Materials, Earthing Systems, and Insulating Oil. This accreditation positions ERDA as a trusted partner in ensuring the highest quality…
Author: PPD Team Date: 22/11/2024 ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value). The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric plants with a total installed capacity of 626 MW, located across Aragón, Navarra, Soria, and…
Author: PPD Team Date: 05/12/2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres. The expansion aims to boost manufacturing in electric and renewable energy equipment. The state Cabinet has also revised allotment processes and facilities for businesses in the industrial park. Additionally, the Cabinet approved road infrastructure projects worth Rs 23.1 billion to…
Author: PPD Team Date: 28/10/2024 Insolation Green Energy Private Limited has received a purchase order to supply solar photovoltaic (PV) modules for NTPC’s Khavada site in Gujarat. The order, valued at Rs 2.08 billion, includes 150 MW of 550 Wp solar PV modules, with execution planned for the fiscal year 2024-25.
Author: PPD Team Date: 30/01/2025 JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million. The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1 million MWh of clean energy annually. The facilities include a 120 MW solar PV plant…