Author: PPD Team Date: 02/01/2025
Promax Power has secured a Rs 554.3 million contract to design, supply, erect, test, and commission 132/33 kV substations and associated 132 kV bays.
The project includes developing four 132 kV substations with fully equipped control room buildings, installing four 132/33 kV 31.5 MVA transformers, and constructing three 132 kV substation bays.
Author: PPD Team Date: 07/11/2024 Cadeler has signed firm contracts for transporting and installing 64 offshore wind turbines, each with a capacity of 15 MW, along with their foundations for the East Anglia 2 (EA2) wind farm, a 960 MW project in the UK. The contract value for Cadeler ranges between €360 million ($387 million) and €382 million. ScottishPower Renewables is developing the EA2 project off the coast of East Anglia, with offshore operations slated…
Author: PPD Team Date: 15/10/2024 Renewable energy developer OX2 has acquired its first onshore wind project in Western Australia, with a planned capacity of 1GW. Located north of Perth, the project is in the early development stages and will include a 100MW battery energy storage system. The acquisition involves collaboration with 20 landowners, and the original developers will continue to oversee the approval process alongside OX2. This acquisition is part of OX2’s strategy to expand…
Author: PPD Team Date: 09/12/2024 The Karnataka Electricity Regulatory Commission (KERC) has simplified rooftop solar installation rules for consumers with sanctioned loads of up to 10 kW. The new guidelines allow a 10 per cent capacity tolerance for direct current (DC) systems, ensuring that the alternating current (AC) capacity of the inverter does not exceed the sanctioned load. Consumers with lower sanctioned loads can now install systems up to 10 kW, with automatic load enhancement…
Author: PPD Team Date: 16/01/2025 The Central Electricity Regulatory Commission (CERC) has granted an interstate transmission licence to Powergrid Bhadla Bikaner Transmission Ltd (PBBTL), a subsidiary of Power Grid Corporation of India Ltd (PGCIL). The licence, valid for 25 years, is subject to regulatory conditions. PBBTL is developing the “Transmission system strengthening for interconnections of Bhadla-III and Bikaner-III complex” scheme in Rajasthan. This ISTS-TBCB project is based on a build, own, operate & transfer (BOOT)…
Author: PPD Team Date: 28/02/2025 Photovoltaics (PV) and wind now dominate Europe’s power generation, surpassing fossil fuels, according to the latest Enervis report. However, increasing cannibalization of renewable energy is reducing market revenues for solar and wind power producers. Cannibalization occurs when high solar and wind generation floods the electricity market, driving down prices, sometimes even turning negative. In 2024, this effect was particularly strong in Germany, where PV capture rates dropped to just 59%,…
Author: PPD Team Date: 28/10/2024 Vedanta Group’s Serentica Global has announced plans to develop renewable energy projects totalling 10 GW in Andhra Pradesh. Company officials shared their plans with Nara Lokesh, the State Minister for Education, IT, and Electronics. The Minister highlighted Andhra Pradesh’s goal of achieving 72 GW of renewable energy capacity by 2030 and invited corporations and investors to contribute to this initiative. These large-scale projects are expected to create significant employment opportunities…