Author: PPD Team Date: 12/11/2024
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers.
The project, awarded on November 5, 2024, is expected to be completed within 12 months.
Author: PPD Team Date: 04/12/2024 Portland General Electric (PGE) has entered a power purchase agreement (PPA) with Avangrid, a member of the Iberdrola Group, to procure power from the 120 MWac (166 MWdc) Tower Solar project in Morrow County, Oregon. Scheduled for completion in 2026, Tower Solar will be Avangrid’s sixth solar facility and 17th power generation project in Oregon, where the company operates 1.6 GW of wind and solar capacity. The project will supply…
Author: PPD Team Date: 18/11/2024 ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 37.53 billion term loan from REC Limited to develop a 320 MW firm and dispatchable renewable energy (FDRE) project in collaboration with SJVN. The project aims to provide round-the-clock power, assisting distribution companies in meeting renewable purchase and energy storage obligations. Solar capacity will be developed in Jaisalmer, Rajasthan, while wind sites are planned in Bhuj and…
Author: PPD Team Date: 08/11/2024 The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake document by R-Power for a SECI tender issued in June. The notice, released on November 6, under the Ministry of New and Renewable Energy (MNRE), specifies that entities, including Reliance NU BESS Limited and other subsidiaries of Reliance Power, are prohibited…
Author: PPD Team Date: 02/06/2025 WattPower has signed a strategic agreement with Solarium Green Energy Limited to expand solar deployment in Madhya Pradesh and Maharashtra. The collaboration focuses on supporting the central government’s Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) scheme by advancing decentralised solar electrification in rural areas. Under the agreement, Solarium has been named WattPower’s Value Added Partner. WattPower will supply modular, high-efficiency solar solutions, while Solarium will oversee regional implementation and last-mile…
Author: PPD Team Date: 20/01/2025 Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year. The company’s total income rose by 11.66% to Rs 3.64 billion during the quarter, up from Rs 3.25 billion in the corresponding period of 2023.
Author: PPD Team Date: 12/02/2025 The joint venture (JV) between bp and Iberdrola España has commenced construction of a 25 MW green hydrogen plant in Spain. The initial phase includes earthworks and the development of a 20,000 square meter plot of land next to the bp refinery in Castellón. The first major equipment, including electrolysers, will arrive and be installed in the second half of 2025. These electrolysers will produce green hydrogen by separating hydrogen…
Author: PPD Team Date: 04/12/2024 Portland General Electric (PGE) has entered a power purchase agreement (PPA) with Avangrid, a member of the Iberdrola Group, to procure power from the 120 MWac (166 MWdc) Tower Solar project in Morrow County, Oregon. Scheduled for completion in 2026, Tower Solar will be Avangrid’s sixth solar facility and 17th power generation project in Oregon, where the company operates 1.6 GW of wind and solar capacity. The project will supply…
Author: PPD Team Date: 18/11/2024 ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 37.53 billion term loan from REC Limited to develop a 320 MW firm and dispatchable renewable energy (FDRE) project in collaboration with SJVN. The project aims to provide round-the-clock power, assisting distribution companies in meeting renewable purchase and energy storage obligations. Solar capacity will be developed in Jaisalmer, Rajasthan, while wind sites are planned in Bhuj and…
Author: PPD Team Date: 08/11/2024 The Solar Energy Corporation of India (SECI) has barred Reliance Power (R-Power) and its subsidiaries from participating in its tenders for three years, following the submission of a fake document by R-Power for a SECI tender issued in June. The notice, released on November 6, under the Ministry of New and Renewable Energy (MNRE), specifies that entities, including Reliance NU BESS Limited and other subsidiaries of Reliance Power, are prohibited…
Author: PPD Team Date: 02/06/2025 WattPower has signed a strategic agreement with Solarium Green Energy Limited to expand solar deployment in Madhya Pradesh and Maharashtra. The collaboration focuses on supporting the central government’s Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) scheme by advancing decentralised solar electrification in rural areas. Under the agreement, Solarium has been named WattPower’s Value Added Partner. WattPower will supply modular, high-efficiency solar solutions, while Solarium will oversee regional implementation and last-mile…
Author: PPD Team Date: 20/01/2025 Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year. The company’s total income rose by 11.66% to Rs 3.64 billion during the quarter, up from Rs 3.25 billion in the corresponding period of 2023.
Author: PPD Team Date: 12/02/2025 The joint venture (JV) between bp and Iberdrola España has commenced construction of a 25 MW green hydrogen plant in Spain. The initial phase includes earthworks and the development of a 20,000 square meter plot of land next to the bp refinery in Castellón. The first major equipment, including electrolysers, will arrive and be installed in the second half of 2025. These electrolysers will produce green hydrogen by separating hydrogen…
Author: PPD Team Date: 04/12/2024 Portland General Electric (PGE) has entered a power purchase agreement (PPA) with Avangrid, a member of the Iberdrola Group, to procure power from the 120 MWac (166 MWdc) Tower Solar project in Morrow County, Oregon. Scheduled for completion in 2026, Tower Solar will be Avangrid’s sixth solar facility and 17th power generation project in Oregon, where the company operates 1.6 GW of wind and solar capacity. The project will supply…
Author: PPD Team Date: 18/11/2024 ACME Sun Power, a subsidiary of ACME Solar Holdings, has secured a Rs 37.53 billion term loan from REC Limited to develop a 320 MW firm and dispatchable renewable energy (FDRE) project in collaboration with SJVN. The project aims to provide round-the-clock power, assisting distribution companies in meeting renewable purchase and energy storage obligations. Solar capacity will be developed in Jaisalmer, Rajasthan, while wind sites are planned in Bhuj and…