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PGPPL signs SPA to acquire 100 per cent stake in Deshraj Solar Energy
Purvah Green Power Private Limited (PGPPL), a wholly owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) to acquire a 100 per cent stake in Deshraj Solar Energy Private Limited. Upon completion, Deshraj Solar Energy will become a step-down subsidiary of CESC. This acquisition aligns with CESC’s strategy to expand its presence in the renewable energy sector.
Tata Power-DDL and Nissin Electric to launch India’s first micro substation
Tata Power Delhi Distribution (Tata Power-DDL) and Nissin Electric have partnered to launch a demonstration project to supply electricity using India’s first micro substation, aimed at delivering stable power to remote areas without access to the grid. The project agreement was signed on 21 August 2024, with operations set to begin in March 2025 after equipment installation and testing in the outskirts of Delhi. This project features India’s first use of a Power Voltage Transformer…
Capital Dynamics secures £48.5m funding for Scottish onshore wind projects
Capital Dynamics has obtained £48.5 million ($61.4 million) in funding for its first Scottish onshore wind projects, totaling 193 MW in capacity. The funding, directed to Capital Dynamics’ Clean Energy UK Fund, was provided by Border to Coast Pensions Partnership, the UK’s largest Local Government Pension Scheme pool. This investment marks Border to Coast’s initial venture in its UK Opportunities portfolio, focused on financing essential infrastructure to support the UK’s renewable energy goals. Capital Dynamics’…
Vanda RE to supply 300 MW of solar power to Singapore
Vanda RE Private Limited, a joint venture led by Gurīn Energy, has received a conditional license from the Energy Market Authority to supply 300 MW of solar power to Singapore. The power will be sourced from the larger Vanda Solar & Battery Project, which will have a total capacity of 2,000 MW of solar power and 4,400 MWh of battery storage. Set to commence commercial operations by 2028, the project aims to provide clean energy…
Natron to build $1.4 billion sodium-ion battery gigafactory in North Carolina
Natron Energy has announced plans to build the first sodium-ion battery gigafactory in North Carolina, marking a $1.4 billion investment. The facility will be located on a 437-acre site at the Kingsboro megasite in Edgecombe County and will span approximately 1.2 million square feet. The gigafactory is set to produce 24 gigawatts (GW) of sodium-ion batteries annually, significantly expanding Natron Energy’s current production capacity by 40 times. The batteries, noted for being the only UL-listed…
GreenH Electrolysis unveils 1 MW PEM electrolyser for India’s first hydrogen train
GreenH Electrolysis, a joint venture between H2B2 Electrolysis Technologies and GR Promoter Group, has introduced its first 1 MW PEM electrolyser at its Jhajjar, Haryana manufacturing plant. The electrolyser will be installed at a hydrogen production and refuelling station in Jind, Haryana, supplying hydrogen for India’s first hydrogen-powered train under the Indian Railways’ “Hydrogen for Heritage” initiative. The electrolyser, running continuously, will produce approximately 430 kg/day of hydrogen with a delivery pressure of 40 bar…