Author: PPD Team Date: December 30, 2024
Jakson Group and OMC Power have partnered to implement a 50 MW solar rooftop project valued at Rs 2 billion.
This initiative will offset 62,500 tonnes of carbon emissions annually, equal to planting 2.5 million trees.
Jakson Group will deploy rooftop systems across all 75 districts of Uttar Pradesh, supporting the state’s clean energy transition.
Author: PPD Team Date: November 5, 2025 Waaree Energies Limited announced that its wholly owned subsidiary, Waaree Forever Energies Private Limited (WFEPL), has entered into a Share Purchase Agreement to acquire 100% equity in Sunbreeze Ninth Cloud Private Limited. The acquisition is subject to standard closing conditions and is expected to be completed by November 30, 2025, or on a mutually agreed later date. Waaree confirmed that the transaction does not involve any related parties,…
Author: PPD Team Date: January 7, 2025 Suzuki Motor Corporation, through its subsidiary Suzuki R&D Center India (SRDI), has partnered with the National Dairy Development Board (NDDB) to invest in its biogas arm, NDDB Mirda. Suzuki will acquire a 26% equity stake, with NDDB retaining 74%. The equity transaction is valued at par, with an initial capital of Rs 3 billion. In the first phase, Suzuki will invest Rs 88.4 million, while NDDB will contribute…
Author: PPD Team Date: January 6, 2025 The European Bank for Reconstruction and Development (EBRD) is providing a USD 66.4 million sovereign loan to Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) for a 500 kV, 230 km transmission line connecting Sarimay in Khoresm to Muruntau in Navoi. The project will ease grid bottlenecks, reduce electricity outages during peak demand, and support the integration of renewable energy sources. It aligns with Uzbekistan’s low-carbon development strategy,…
Author: PPD Team Date: December 24, 2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds…
Author: PPD Team Date: June 10, 2025 Envision Energy signed a framework agreement with Purvah Green Power Private Limited, a step-down subsidiary of CESC Limited, on June 4, 2025. The agreement covers the supply of wind turbine generators (WTGs) for setting up 1,000 MW of wind power projects across India. The deal includes supply, commissioning, and a 10-year operations and maintenance (O&M) contract for the WTGs. The projects will be installed at multiple locations in…
Author: PPD Team Date: November 4, 2024 Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years. Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global…