Author: PPD Team Date: 19/11/2024
Saatvik Green Energy Private Limited has secured a supply order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at 250 locations across Maharashtra.
The pumps, ranging from 3 horsepower (HP) to 7.5 HP, aim to enhance water accessibility and support irrigation needs, contributing to sustainable agricultural practices in the region.
Author: PPD Team Date: 17/10/2024 Hithium Energy Storage Technology has partnered with Nabilah AlTunisi’s company, MANAT, to launch a joint venture named Hithium MANAT. The venture will establish a battery energy storage systems (BESS) manufacturing facility with a 5 gigawatt-hour (GWh) annual production capacity in Saudi Arabia. This marks one of the first advanced BESS manufacturing plants in the Kingdom and the wider MENA region, supporting Saudi Arabia’s Vision 2030. The partnership was announced at…
Author: PPD Team Date: 24/01/2025 Sun Petrochemicals has signed a memorandum of understanding (MoU) with the Telangana government to develop pumped storage hydro power projects in Nagarkurnool, Mancherial, and Mulugu districts. The project involves an investment of Rs 450 billion and is expected to create 7,000 jobs. The initiative will integrate solar power plants with a capacity of 5,440 MW. The MoU was signed during the World Economic Forum in Davos. Sun Petrochemicals’ Managing Director,…
Author: PPD Team Date: 12/11/2024 A recent survey, “Solar Spectrum of New India,” by Luminous Power Technologies, reveals rising consumer interest in solar energy in India, yet highlights affordability and skilled labour as key barriers. The survey indicates that 52% of respondents would consider solar power with better financing options, while 92% see installation costs as a primary deterrent. Despite 76% of participants noting easy access to solar technologies, high costs remain a hurdle, especially…
Author: PPD Team Date: 27/11/2024 Synera Renewable Energy Group (SRE Group) has partnered with Moondo Wind Energy (MWE) to develop an 840 MW offshore wind farm near Geomundo Island, Yeosu City, in South Korea’s Jeollanam-do Province. The project, named Moondo Offshore Wind Energy (MOWE), marks SRE Group’s entry into the South Korean market and its second international venture after Northern Kyushu, Japan. The joint venture has secured an Electricity Business License (EBL) for the bottom-fixed…
Author: PPD Team Date: 26/12/2024 Waaree Energies Limited has approved plans to establish a 300 MW electrolyser manufacturing facility and a 3.5 GWh lithium-ion Advanced Chemistry Storage Cell production plant. The electrolyser manufacturing project will be implemented under Waaree Clean Energy Solutions, a subsidiary of Waaree Energies, with a capital expenditure (CAPEX) of Rs 5.51 billion and an investment of Rs 2 billion. The project will be developed under the Production-Linked Incentive (PLI) scheme by…
Author: PPD Team Date: 13/02/2025 Larsen & Toubro Limited (L&T) has dispatched the third steam generator for the 1,400 MW Kaiga-Units 5 and 6 Nuclear Power Plant Project in Uttara Kannada, Karnataka. The project is being implemented by Nuclear Power Corporation of India Limited (NPCIL) as Phase III of the Kaiga facility. L&T had previously dispatched the second steam generator on July 12, 2024. Phase I, comprising Units 1 and 2 (2×220 MW), and Phase…