Author: PPD Team Date: 31/12/2024
Longroad Energy has signed a long-term Power Purchase Agreement (PPA) with Meta for the entire output of its 300 MWac 1000 Mile solar project in Yoakum County, Texas.
The energy produced will be supplied to the Southwest Power Pool (SPP) grid and support Meta’s data center operations.
The 1000 Mile solar project, Longroad’s first in the SPP region, is expected to commence commercial operations in 2026.
Author: PPD Team Date: 12/09/2024 Reliance Industries Ltd is one of four bidders shortlisted for the interstate transmission system (ISTS) project in Gujarat, managed by Jamnagar Transmission Ltd. This marks a potential entry for Reliance into interstate power transmission development. Competing alongside seasoned players Adani Energy Solutions Ltd, Power Grid Corporation of India Ltd, and Sterlite Power, the project is seen as a key development in Gujarat’s power infrastructure. The Jamnagar transmission scheme, known as…
Author: PPD Team Date: 22/11/2024 RIC Development, LLC (“RIC Energy”) has partnered with Rosemawr Management to finance interconnection deposits for up to 450 MW of solar and energy storage projects in New York over the next three years. This partnership will help advance projects through the NYISO interconnection queue. Additionally, it will allow RIC Energy to grow its portfolio, and increase access to affordable, clean energy for local communities. Jonathan Rappe, CEO of RIC Energy…
Author: PPD Team Date: 15/01/2025 Investment funds managed by KKR and the Public Sector Pension Investment Board (PSP Investments) have agreed to acquire a 19.9% stake in American Electric Power’s (AEP) Ohio and Indiana & Michigan transmission companies for $2.82 billion. KKR and PSP Investments have established a 50/50 strategic partnership to complete the acquisition. The investment will support AEP in addressing increasing customer demand and improving grid reliability. AEP will retain majority ownership and…
Author: PPD Team Date: 24/10/2024 Energy Vault Holdings has partnered with the Enervest Group to deploy a 1 gigawatt-hour (GWh) battery energy storage system (BESS) at the Stoney Creek site in New South Wales (NSW), Australia. Enervest CEO Ross Warby highlighted the strength of the partnership, emphasizing Energy Vault’s expertise in technology and system design as key factors. He also mentioned the importance of engaging with local and indigenous communities, such as the Narrabri community,…
Author: PPD Team Date: 24/10/2024 The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, an essential component of the ‘Gong Electricity into Zhejiang’ initiative. The project, being developed by State Grid Wuwei Power Supply Company, a subsidiary of the State Grid Corporation of China (SGCC), involves constructing a new 750 kV substation with a transformation capacity of 4×2100 MVA and 232.5 km of 750 kV transmission lines….
Author: PPD Team Date: 08/04/2025 VSL Renewable Services has secured a three-year operation and maintenance contract for Andhra Pradesh Generation Company Limited’s (APGENCO) 527 MWp solar power plant in Tadipatri, Andhra Pradesh. The contract is designed to improve plant performance and ensure stable energy output. VSL will handle daily monitoring, predictive maintenance, and scheduling tasks to match electricity generation with grid needs. The deal includes a generation-linked guarantee, which ties payments to the plant’s ability…
Author: PPD Team Date: 12/09/2024 Reliance Industries Ltd is one of four bidders shortlisted for the interstate transmission system (ISTS) project in Gujarat, managed by Jamnagar Transmission Ltd. This marks a potential entry for Reliance into interstate power transmission development. Competing alongside seasoned players Adani Energy Solutions Ltd, Power Grid Corporation of India Ltd, and Sterlite Power, the project is seen as a key development in Gujarat’s power infrastructure. The Jamnagar transmission scheme, known as…
Author: PPD Team Date: 22/11/2024 RIC Development, LLC (“RIC Energy”) has partnered with Rosemawr Management to finance interconnection deposits for up to 450 MW of solar and energy storage projects in New York over the next three years. This partnership will help advance projects through the NYISO interconnection queue. Additionally, it will allow RIC Energy to grow its portfolio, and increase access to affordable, clean energy for local communities. Jonathan Rappe, CEO of RIC Energy…
Author: PPD Team Date: 15/01/2025 Investment funds managed by KKR and the Public Sector Pension Investment Board (PSP Investments) have agreed to acquire a 19.9% stake in American Electric Power’s (AEP) Ohio and Indiana & Michigan transmission companies for $2.82 billion. KKR and PSP Investments have established a 50/50 strategic partnership to complete the acquisition. The investment will support AEP in addressing increasing customer demand and improving grid reliability. AEP will retain majority ownership and…
Author: PPD Team Date: 24/10/2024 Energy Vault Holdings has partnered with the Enervest Group to deploy a 1 gigawatt-hour (GWh) battery energy storage system (BESS) at the Stoney Creek site in New South Wales (NSW), Australia. Enervest CEO Ross Warby highlighted the strength of the partnership, emphasizing Energy Vault’s expertise in technology and system design as key factors. He also mentioned the importance of engaging with local and indigenous communities, such as the Narrabri community,…
Author: PPD Team Date: 24/10/2024 The Gansu Provincial Energy Bureau has approved the 750 kV Wuwei North (Oasis) transmission and transformation project, an essential component of the ‘Gong Electricity into Zhejiang’ initiative. The project, being developed by State Grid Wuwei Power Supply Company, a subsidiary of the State Grid Corporation of China (SGCC), involves constructing a new 750 kV substation with a transformation capacity of 4×2100 MVA and 232.5 km of 750 kV transmission lines….
Author: PPD Team Date: 08/04/2025 VSL Renewable Services has secured a three-year operation and maintenance contract for Andhra Pradesh Generation Company Limited’s (APGENCO) 527 MWp solar power plant in Tadipatri, Andhra Pradesh. The contract is designed to improve plant performance and ensure stable energy output. VSL will handle daily monitoring, predictive maintenance, and scheduling tasks to match electricity generation with grid needs. The deal includes a generation-linked guarantee, which ties payments to the plant’s ability…
Author: PPD Team Date: 12/09/2024 Reliance Industries Ltd is one of four bidders shortlisted for the interstate transmission system (ISTS) project in Gujarat, managed by Jamnagar Transmission Ltd. This marks a potential entry for Reliance into interstate power transmission development. Competing alongside seasoned players Adani Energy Solutions Ltd, Power Grid Corporation of India Ltd, and Sterlite Power, the project is seen as a key development in Gujarat’s power infrastructure. The Jamnagar transmission scheme, known as…
Author: PPD Team Date: 22/11/2024 RIC Development, LLC (“RIC Energy”) has partnered with Rosemawr Management to finance interconnection deposits for up to 450 MW of solar and energy storage projects in New York over the next three years. This partnership will help advance projects through the NYISO interconnection queue. Additionally, it will allow RIC Energy to grow its portfolio, and increase access to affordable, clean energy for local communities. Jonathan Rappe, CEO of RIC Energy…