Author: PPD Team Date: 13/01/2025
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Ministry of Coal awards Rs 85 billion for coal gasification projects
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IOCL and TTD partner to establish 40 TPD biogas plant in Tirumala
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US DOE allocates $2 billion for 38 projects to enhance power grid resilience
Author: PPD Team Date: 23/10/2024 The US Department of Energy (DOE) has announced nearly $2 billion in funding for 38 projects under the Grid Resilience and Innovation Partnerships (GRIP) program. The initiative aims to upgrade transmission and distribution infrastructure, introducing advanced technologies to support over 7.5 GW of grid capacity. These efforts are expected to accelerate the integration of clean energy projects, create around 6,000 jobs, and leverage over $4.2 billion in public and private…
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Author: PPD Team Date: 27/11/2024 Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit 2024. The agreement involves an investment of Rs 100 billion for solar power generation projects, manufacturing facilities for solar components, engineering, procurement, and construction (EPC) projects, and the development of solar parks in Rajasthan.
Essar Renewables to invest Rs 80 billion in Maharashtra for RE projects
Author: PPD Team Date: 23/01/2025 Essar Renewables Limited has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop 2,000 MW of renewable energy capacity. The Rs 80 billion investment will focus on round-the-clock renewable energy projects to power the electric vehicle truck charging infrastructure of Blue Energy Motors and Greenline. The projects are expected to start operations in fiscal year 2026-27, creating over 2,000 direct employment opportunities and boosting Maharashtra’s economic…
Eku Energy achieves financial close for Williamsdale BESS in Australia
Author: PPD Team Date: 07/11/2024 Eku Energy has reached a financial close on its 250MW/500MWh Williamsdale Battery Energy Storage System (BESS) project in Canberra, ACT, marking a significant advancement in the ACT government’s Big Canberra Battery initiative. Powered by Tesla Energy’s megapacks, the system will help store renewable energy to meet one-third of Canberra’s electricity needs during peak demand. The Williamsdale BESS will connect to Evoenergy’s distribution network, bolstering Canberra’s energy security and supporting the…
Ministry of Coal awards Rs 85 billion for coal gasification projects
Author: PPD Team Date: 13/02/2025 The Ministry of Coal has issued letters of award (LoAs) under Category II of the Rs 85 billion coal gasification incentive scheme (CGIS) to selected applicants. Jindal Steel and Power Limited was awarded Rs 5.69 billion for a 2 million tonnes per annum (mtpa) coal gasification project in Angul, Odisha, aimed at producing direct reduced iron (DRI) and implementing carbon capture for carbon dioxide utilization. New Era Cleantech Solution Private…
IOCL and TTD partner to establish 40 TPD biogas plant in Tirumala
Author: PPD Team Date: 07/11/2024 Indian Oil Corporation Limited (IOCL) has joined hands with Tirumala Tirupati Devasthanams (TTD) to build a 40 tonnes-per-day biogas plant in Tirumala, aiming to promote sustainable energy and effective waste management. TTD’s Additional Executive Officer Ch. Venkaiah Chowdary laid the foundation stone for the project alongside IOCL’s Executive Director and State Head B. Anil Kumar. The biogas plant will use mixed waste, including banana leaves, food scraps, grass, dry leaves,…
US DOE allocates $2 billion for 38 projects to enhance power grid resilience
Author: PPD Team Date: 23/10/2024 The US Department of Energy (DOE) has announced nearly $2 billion in funding for 38 projects under the Grid Resilience and Innovation Partnerships (GRIP) program. The initiative aims to upgrade transmission and distribution infrastructure, introducing advanced technologies to support over 7.5 GW of grid capacity. These efforts are expected to accelerate the integration of clean energy projects, create around 6,000 jobs, and leverage over $4.2 billion in public and private…
Insolation Green Energy inks Rs 100 billion MoU with Rajasthan government
Author: PPD Team Date: 27/11/2024 Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit 2024. The agreement involves an investment of Rs 100 billion for solar power generation projects, manufacturing facilities for solar components, engineering, procurement, and construction (EPC) projects, and the development of solar parks in Rajasthan.