Rajasthan signs MoU with RMC Switchgears for 1,000 MW solar park
Author: PPD Team Date: 13/11/2024
Author: PPD Team Date: 13/11/2024
The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an integrated Battery Energy Storage System (BESS).
The project is slated for completion by 2026.
Author: PPD Team Date: 02/01/2025 Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC PV modules…
Author: PPD Team Date: 08/11/2024 European clean energy stocks declined sharply following Donald Trump’s US presidential election victory, triggering investor concerns over potential setbacks in US renewable energy support and climate policy. Trump has signaled intentions to halt offshore wind projects and undo several climate regulations established by Joe Biden, including the Paris Agreement and the Inflation Reduction Act’s clean energy incentives. Following the election, shares of offshore wind developer Ørsted fell by up to…
Author: PPD Team Date: 22/01/2025 AboitizPower and Upgrade Energy Philippines (UGEP) have signed a long-term solar power purchase agreement (PPA) with Republic Cement & Building Materials (RCBM). Their joint venture, Aboitiz Upgrade Solar (AUSI), will develop, build, and operate a ground-mounted solar project at RCBM’s Bulacan facility. The project, slated for completion in the second half of 2025, aims to lower operational costs and carbon emissions for the cement manufacturer.
Author: PPD Team Date: 13/01/2025 Solidus Techno Power Private Limited has signed an agreement with Jogindra Group to develop a 110 MWp captive solar power project in Punjab. The project will be set up across three locations in the state and will meet the renewable energy (RE) needs of Jogindra Group’s enterprises, including Jogindra Castings Private Limited, Vardhman Adarsh Ispat Private Limited, and Oasis Enterprises Private Limited.
Author: PPD Team Date: 23/01/2025 Telawne Power Equipments Pvt Ltd secured a Rs 200 million equity infusion to accelerate growth and technological innovation. The investment came from Ramesh Jaisinghani, Promoter of Polycab India Ltd, through his family office Vyom, and Mastermind JPIN. Both investors contributed Rs 100 million each. Managing Director Rakesh Telawne highlighted that this partnership strengthens the company’s financial position and supports its vision of adopting advanced technologies in the transformer manufacturing industry….
Author: PPD Team Date: 08/04/2025 VSL Renewable Services has secured a three-year operation and maintenance contract for Andhra Pradesh Generation Company Limited’s (APGENCO) 527 MWp solar power plant in Tadipatri, Andhra Pradesh. The contract is designed to improve plant performance and ensure stable energy output. VSL will handle daily monitoring, predictive maintenance, and scheduling tasks to match electricity generation with grid needs. The deal includes a generation-linked guarantee, which ties payments to the plant’s ability…
Author: PPD Team Date: 02/01/2025 Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC PV modules…
Author: PPD Team Date: 08/11/2024 European clean energy stocks declined sharply following Donald Trump’s US presidential election victory, triggering investor concerns over potential setbacks in US renewable energy support and climate policy. Trump has signaled intentions to halt offshore wind projects and undo several climate regulations established by Joe Biden, including the Paris Agreement and the Inflation Reduction Act’s clean energy incentives. Following the election, shares of offshore wind developer Ørsted fell by up to…
Author: PPD Team Date: 22/01/2025 AboitizPower and Upgrade Energy Philippines (UGEP) have signed a long-term solar power purchase agreement (PPA) with Republic Cement & Building Materials (RCBM). Their joint venture, Aboitiz Upgrade Solar (AUSI), will develop, build, and operate a ground-mounted solar project at RCBM’s Bulacan facility. The project, slated for completion in the second half of 2025, aims to lower operational costs and carbon emissions for the cement manufacturer.
Author: PPD Team Date: 13/01/2025 Solidus Techno Power Private Limited has signed an agreement with Jogindra Group to develop a 110 MWp captive solar power project in Punjab. The project will be set up across three locations in the state and will meet the renewable energy (RE) needs of Jogindra Group’s enterprises, including Jogindra Castings Private Limited, Vardhman Adarsh Ispat Private Limited, and Oasis Enterprises Private Limited.
Author: PPD Team Date: 23/01/2025 Telawne Power Equipments Pvt Ltd secured a Rs 200 million equity infusion to accelerate growth and technological innovation. The investment came from Ramesh Jaisinghani, Promoter of Polycab India Ltd, through his family office Vyom, and Mastermind JPIN. Both investors contributed Rs 100 million each. Managing Director Rakesh Telawne highlighted that this partnership strengthens the company’s financial position and supports its vision of adopting advanced technologies in the transformer manufacturing industry….
Author: PPD Team Date: 08/04/2025 VSL Renewable Services has secured a three-year operation and maintenance contract for Andhra Pradesh Generation Company Limited’s (APGENCO) 527 MWp solar power plant in Tadipatri, Andhra Pradesh. The contract is designed to improve plant performance and ensure stable energy output. VSL will handle daily monitoring, predictive maintenance, and scheduling tasks to match electricity generation with grid needs. The deal includes a generation-linked guarantee, which ties payments to the plant’s ability…
Author: PPD Team Date: 02/01/2025 Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC PV modules…
Author: PPD Team Date: 08/11/2024 European clean energy stocks declined sharply following Donald Trump’s US presidential election victory, triggering investor concerns over potential setbacks in US renewable energy support and climate policy. Trump has signaled intentions to halt offshore wind projects and undo several climate regulations established by Joe Biden, including the Paris Agreement and the Inflation Reduction Act’s clean energy incentives. Following the election, shares of offshore wind developer Ørsted fell by up to…