Author: PPD Team Date: 20/12/2024
Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20% equity stake in ReNew Green MHH One Private Limited (RGMHH), making RGMHH an associate company.
RGMHH focuses on renewable energy generation but has not yet commenced operations. The acquisition aims to secure electricity at concessional rates and is expected to be completed by May 2025.
Author: PPD Team Date: 19/12/2024 Vietnam and Singapore are set to collaborate on an offshore wind (OSW) power project that will export electricity from Vietnam to Singapore starting in 2030. The announcement was made during a meeting between Vietnam’s Minister of Natural Resources and Environment and Singapore’s Minister for Manpower, as well as the Second Minister for Trade and Industry. In February 2023, Petrovietnam Technical Services Corporation (PTSC) and Singapore’s Sembcorp Utilities signed an agreement…
Author: PPD Team Date: 07/11/2024 Cubico Sustainable Investments has announced Scout Moor II, a proposed 100 MW onshore wind project in England, situated near the existing Scout Moor wind farm between Edenfield, Rawtenstall, and Rochdale. With planning approval, Scout Moor II could begin operations by 2030, delivering renewable electricity to over 100,000 homes and covering around 10 per cent of Greater Manchester’s residential energy needs. Cubico also plans to create a Community Wealth Fund and…
Author: PPD Team Date: 28/10/2024 The Ministry of New and Renewable Energy (MNRE) has revised its program to electrify 100,000 households in particularly vulnerable tribal group (PVTG) areas through off-grid solar systems. The initiative, implemented under Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA), now has an additional budget allocation of Rs 9.15 billion. The revised program includes providing off-grid solar lighting for 1,500 multi-purpose…
Author: PPD Team Date: 15/10/2024 Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The company is…
Author: PPD Team Date: 18/04/2025 UltraTech Cement has entered into an agreement with AMPIN Energy Transition to set up a captive solar power project in Rajasthan. The project will be developed at Sindhari village in Balotara. It will have a capacity of 50 MW (75 MWp) and will be executed through AMPIN C&I Power Eight, a special purpose vehicle (SPV) of AMPIN Energy. UltraTech will invest Rs 255 million to acquire a 26 per cent…
Author: PPD Team Date: 17/03/2025 UK Energy Minister Ed Miliband met Chinese officials in Beijing on March 17, urging stronger climate action even as China’s emissions continue to rise. China, the world’s largest emitter, has pledged to reach net zero by 2060 but missed key climate targets in 2024, with coal use increasing. The UK, aiming for full decarbonization by 2050, is looking to strengthen cooperation. Miliband launched the China-UK Energy Dialogue, arguing that ignoring…
Author: PPD Team Date: 19/12/2024 Vietnam and Singapore are set to collaborate on an offshore wind (OSW) power project that will export electricity from Vietnam to Singapore starting in 2030. The announcement was made during a meeting between Vietnam’s Minister of Natural Resources and Environment and Singapore’s Minister for Manpower, as well as the Second Minister for Trade and Industry. In February 2023, Petrovietnam Technical Services Corporation (PTSC) and Singapore’s Sembcorp Utilities signed an agreement…
Author: PPD Team Date: 07/11/2024 Cubico Sustainable Investments has announced Scout Moor II, a proposed 100 MW onshore wind project in England, situated near the existing Scout Moor wind farm between Edenfield, Rawtenstall, and Rochdale. With planning approval, Scout Moor II could begin operations by 2030, delivering renewable electricity to over 100,000 homes and covering around 10 per cent of Greater Manchester’s residential energy needs. Cubico also plans to create a Community Wealth Fund and…
Author: PPD Team Date: 28/10/2024 The Ministry of New and Renewable Energy (MNRE) has revised its program to electrify 100,000 households in particularly vulnerable tribal group (PVTG) areas through off-grid solar systems. The initiative, implemented under Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA), now has an additional budget allocation of Rs 9.15 billion. The revised program includes providing off-grid solar lighting for 1,500 multi-purpose…
Author: PPD Team Date: 15/10/2024 Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The company is…
Author: PPD Team Date: 18/04/2025 UltraTech Cement has entered into an agreement with AMPIN Energy Transition to set up a captive solar power project in Rajasthan. The project will be developed at Sindhari village in Balotara. It will have a capacity of 50 MW (75 MWp) and will be executed through AMPIN C&I Power Eight, a special purpose vehicle (SPV) of AMPIN Energy. UltraTech will invest Rs 255 million to acquire a 26 per cent…
Author: PPD Team Date: 17/03/2025 UK Energy Minister Ed Miliband met Chinese officials in Beijing on March 17, urging stronger climate action even as China’s emissions continue to rise. China, the world’s largest emitter, has pledged to reach net zero by 2060 but missed key climate targets in 2024, with coal use increasing. The UK, aiming for full decarbonization by 2050, is looking to strengthen cooperation. Miliband launched the China-UK Energy Dialogue, arguing that ignoring…
Author: PPD Team Date: 19/12/2024 Vietnam and Singapore are set to collaborate on an offshore wind (OSW) power project that will export electricity from Vietnam to Singapore starting in 2030. The announcement was made during a meeting between Vietnam’s Minister of Natural Resources and Environment and Singapore’s Minister for Manpower, as well as the Second Minister for Trade and Industry. In February 2023, Petrovietnam Technical Services Corporation (PTSC) and Singapore’s Sembcorp Utilities signed an agreement…
Author: PPD Team Date: 07/11/2024 Cubico Sustainable Investments has announced Scout Moor II, a proposed 100 MW onshore wind project in England, situated near the existing Scout Moor wind farm between Edenfield, Rawtenstall, and Rochdale. With planning approval, Scout Moor II could begin operations by 2030, delivering renewable electricity to over 100,000 homes and covering around 10 per cent of Greater Manchester’s residential energy needs. Cubico also plans to create a Community Wealth Fund and…