Author: PPD Team Date: 16/01/2025
Waaree Technologies has secured an order to supply 99 solar off-grid combos to a trading customer. The order, placed on January 15, 2025, requires delivery within three months.
The solar off-grid combo includes batteries, solar panels, inverters, and other essential components.
The off-grid combo is designed for efficient energy storage and utilization, supporting businesses in achieving energy independence.
Author: PPD Team Date: 26/11/2024 Masdar, the Abu Dhabi Future Energy Company, and China’s Silk Road Fund have signed a memorandum of understanding (MoU) to co-invest up to 20 billion yuan ($2.8 billion) in renewable energy projects. The agreement, signed at the COP29 climate conference in Baku, Azerbaijan, focuses on Belt and Road Initiative (BRI) countries and the global south. The partnership aligns with Masdar’s ambition to achieve 100 GW of renewable energy capacity by…
Author: PPD Team Date: 25/02/2025 Damodar Valley Corporation (DVC) is set to begin construction on the 1,600 MW Chandrapura Ultra Supercritical Power Project. The project has received in-principle approval from the Central Government. DVC plans to expand capacity at the Chandrapura Thermal Power Station in Bokaro, Jharkhand, after demolishing decommissioned units. The expansion will require an investment of Rs 165 billion. The existing plant has two operational units (Units 7 and 8) of 250 MW…
The global shift towards renewable energy is crucial in mitigating climate change, reducing greenhouse gas emissions, and ensuring a sustainable future. Yet, this transition is far from equitable. For carbon-intensive regions, where economies and livelihoods are tightly linked to fossil fuels, the renewable energy transition presents significant challenges. These regions face the risk of economic destabilization, job loss, and social upheaval. In this context, the concept of energy justice has emerged as a critical framework…
Author: PPD Team Date: 12/09/2024 Tamil Nadu has introduced the RePowering, Refurbishment, and Life Extension Policy 2024 for wind energy generators (WEGs), effective until March 31, 2030. The policy mandates that all WEGs completing their 20-year operational life must undertake repowering, refurbishment, or life extension projects, while participation remains voluntary for others. Projects connected to the state transmission utility (STU) will be implemented through the state nodal agency. WEGs opting for repowering will have 18…
Author: PPD Team Date: 14/01/2025 Indian Gas Exchange Limited (IGX) and Central European Gas Hub AG (CEGH) have signed a Memorandum of Understanding (MoU) to collaborate on developing natural gas and renewable gas markets. The partnership aims to leverage the market expertise of both parties to enhance technical, operational, and regulatory capabilities. They will focus on trading natural gas and renewable gases, including hydrogen, biomethane, and e-methane, along with commodity-related certificates. The collaboration seeks to…
Author: PPD Team Date: 08/11/2024 Inox Wind Limited has announced a net profit of Rs 902.2 million for the quarter ending September 2024, contrasting with a loss of Rs 292.3 million in the same quarter last year. Total income rose significantly, increasing by 93 percent to Rs 7,417.4 million, compared to Rs 3,844 million in the same period the previous year.