Author: PPD Team Date: December 11, 2024
The Government of Rajasthan (GoR) has signed an agreement with BrightKnight to establish wind-solar hybrid power projects in the state.
As part of the agreement, BrightKnight has committed to investing Rs 150 billion to set up over 2,000 MW of wind-solar hybrid capacity in Rajasthan.
Author: PPD Team Date: September 12, 2025 Inox Neo Energies Limited, a wholly owned subsidiary of Inox Clean Energy Limited, has signed definitive agreements with Evergreen Power Mauritius Private Limited and Evergreen Renewables Private Limited to acquire a wind-solar hybrid portfolio of 640 MW contracted capacity, equivalent to about 850 MW DC. The portfolio consists of five greenfield hybrid projects in Maharashtra awarded under tenders by NTPC Limited and SJVN Limited. These include NTPC Hybrid…
Author: PPD Team Date: November 29, 2024 The £2.4 billion NeuConnect project has completed the first 56 km of cabling, creating the first direct energy link between the UK and Germany. This phase included both onshore and subsea cabling works in the UK. NeuConnect will link new converter stations in Kent, UK, and Wilhelmshaven, Germany, through a 725 km land and subsea cable system, forming an “invisible energy highway.” With a capacity of 1.4…
Author: PPD Team Date: June 10, 2025 JSW Renew Energy Three Limited, a step-down subsidiary of JSW Energy Limited (JSWEL), signed a 25-year power purchase agreement (PPA) with Adani Electricity Mumbai Limited (AEML) on June 5, 2025. The agreement covers a 250 MW State Transmission Utility (STU)-connected wind power project to be developed in Barshi, Maharashtra. The PPA stems from a bidding process held in March 2024. At the time, bids were invited for 650…
Author: PPD Team Date: April 20, 2026 The Competition Commission of India (CCI) has closed proceedings against Adani Green Energy, Azure Power, and the Solar Energy Corporation of India (SECI) over alleged anti-competitive practices linked to the 7 GW solar manufacturing-linked tender. In an order dated April 16, 2026, the Commission said it found no prima facie evidence of any contravention under the Competition Act, 2002. The complaint had alleged that the Request for Selection…
Author: PPD Team Date: June 17, 2025 The Uttar Pradesh State Industrial Development Authority (UPSIDA) has selected industrial zones across the state to set up solar power plants. The move falls under the Uttar Pradesh Solar Energy Policy 2022 and was announced on June 15, 2025. Sites include Surajpur Site-5 and EPIPР in Gautam Budh Nagar, TDS City in Ghaziabad, and the Special Economic Zone in Moradabad. Other locations are Baghpat, Agra, Mathura, Jhansi, Prayagraj,…
Author: PPD Team Date: January 16, 2025 The Climate Investment Funds (CIF) capital markets mechanism (CCMM) raised $500m through its debut bond, marking a historic step in mobilising finance for climate action. The bond was six times oversubscribed, attracting over $3bn in global investor interest. This inaugural bond, part of CCMM’s borrowing programme launched at COP29 in November 2024, aims to scale up clean technology and infrastructure projects in developing countries. Final pricing was set…