Author: PPD Team Date: 28/11/2024
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Avangrid sells Kitty Hawk North offshore wind lease area to Dominion
Author: PPD Team Date: 28/10/2024 Avangrid has completed the sale of its 40,000-acre Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The transaction includes a $117 million lease acquisition payment and reimbursement for associated development costs. The sale agreement was initially signed in July 2024. Avangrid, part of the Iberdrola Group, retains the rights to Kitty Hawk South, where it plans to develop up to 2.4 GW of offshore wind…
KEGOC secures KZT141 billion funding for West Kazakhstan project
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Solex Energy wins Rs 4.5 billion solar module supply contract
Author: PPD Team Date: 09/05/2025 Solex Energy Limited has secured a contract worth Rs 4,514.09 million from KPI Green Energy Limited. The contract involves the supply of N-Type TOPCon Glass-to-Glass (G12R) solar photovoltaic (PV) modules with a rated capacity of 615 Wp. These modules will support the development of 310 MW solar PV projects in India. The agreement was finalised on May 7, 2025. Solex is expected to begin module deliveries from September 2025. The…
NEEPCO invites bids for E&M works for Tato-I Hydro Project
Author: PPD Team Date: 24/01/2025 North Eastern Electric Power Corporation Limited (NEEPCO) invited bids for Package III: electro-mechanical (E&M) works for the 186 MW Tato-I Hydro Electric Project on January 21, 2025. The bid submission deadline is March 22, 2025. The work is expected to cost of Rs 3,384.8 million. The project, estimated at Rs 17.50 billion, will be located in Shi Yomi District, Arunachal Pradesh. With an installed capacity of 186 MW (3 x…
Avangrid sells Kitty Hawk North offshore wind lease area to Dominion
Author: PPD Team Date: 28/10/2024 Avangrid has completed the sale of its 40,000-acre Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The transaction includes a $117 million lease acquisition payment and reimbursement for associated development costs. The sale agreement was initially signed in July 2024. Avangrid, part of the Iberdrola Group, retains the rights to Kitty Hawk South, where it plans to develop up to 2.4 GW of offshore wind…
KEGOC secures KZT141 billion funding for West Kazakhstan project
Author: PPD Team Date: 16/12/2024 Kazakhstan Electricity Grid Operating Company (KEGOC) has signed loan agreements with the European Bank for Reconstruction and Development (EBRD) and the Development Bank of Kazakhstan for a total of KZT141 billion. Of this, up to KZT32 billion is from the Development Bank of Kazakhstan. The funds will support the West Kazakhstan Electricity Interconnection Project, which includes constructing the 604.3 km, 500 kV Karabatan–Ulke transmission line along the Atyrau-Aktobe motorway, expanding…