Author: PPD Team Date: 20/01/2025
Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year.
The company’s revenue from operations increased by 35.59% to Rs 16.99 billion during the quarter, up from Rs 12.53 billion reported in the corresponding period of 2023.
Author: PPD Team Date: 21/11/2024 The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for five independent power producer (IPP) projects, totalling 9.2GW in capacity, as reported by Zawya. The projects include thermal and solar photovoltaic (PV) power initiatives, with a combined investment of 35 billion Saudi riyals ($9.3 billion), supporting Saudi Vision 2030 goals for a balanced energy mix. The thermal projects, Rumah 1 and 2 and Nairyah 1 and 2,…
Author: PPD Team Date: 30/01/2025 JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million. The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1 million MWh of clean energy annually. The facilities include a 120 MW solar PV plant…
Author: PPD Team Date: 21/11/2024 Sterlite Power has announced the commissioning of three vital components of its interstate transmission system (ISTS) project in Goa, managed by the special purpose vehicle “Goa Tamnar Transmission Ltd.” Goa’s first 400kV Gas Insulated Substation (GIS) at Dharbandora is now operational. The final project element, the Xeldem-Narendra transmission line, is slated for commissioning soon. The Dharbandora GIS enables South Goa to receive a 400kV power supply for the first time,…
Author: PPD Team Date: 16/12/2024 NorthWestern Energy has entered into a memorandum of understanding (MoU) with Grid United’s North Plains Connector to acquire a 10% stake in the 3GW HVDC transmission line project. The 420-mile (676 km) transmission line will link Bismarck, North Dakota, and Colstrip, Montana. Grid United will fund the development of the North Plains Connector, with NorthWestern Energy’s investment contingent on regulatory approvals. The project, developed jointly with ALLETE, will also involve…
Author: PPD Team Date: 22/11/2024 Laurentis Energy Partners has partnered with ORLEN Synthos Green Energy (OSGE) to advance small modular reactor (SMR) development in Poland. The collaboration focuses on preparing the Preliminary Safety Analysis Report (PSAR), a critical document for licensing GE Hitachi Nuclear Energy’s BWRX-300 SMRs. The PSAR, mandated by Poland’s National Atomic Energy Agency, will assess environmental conditions, site characteristics, and other safety factors. Laurentis staff based in Ontario, Canada, will handle its…
Author: PPD Team Date: 12/03/2025 On Monday, the 10th Ministerial Meeting for the implementation of the Green Energy Corridor project took place in Budapest, with representatives from Azerbaijan, Georgia, Hungary, Romania, and Bulgaria in attendance. This partnership of the five nations could lead to Europe’s largest green energy corridor. The main focus of the meeting was the progress and prospects of the Caspian-Black Sea-European Green Energy Corridor. Key discussions included the development of Azerbaijan’s renewable…
Author: PPD Team Date: 21/11/2024 The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for five independent power producer (IPP) projects, totalling 9.2GW in capacity, as reported by Zawya. The projects include thermal and solar photovoltaic (PV) power initiatives, with a combined investment of 35 billion Saudi riyals ($9.3 billion), supporting Saudi Vision 2030 goals for a balanced energy mix. The thermal projects, Rumah 1 and 2 and Nairyah 1 and 2,…
Author: PPD Team Date: 30/01/2025 JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million. The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1 million MWh of clean energy annually. The facilities include a 120 MW solar PV plant…
Author: PPD Team Date: 21/11/2024 Sterlite Power has announced the commissioning of three vital components of its interstate transmission system (ISTS) project in Goa, managed by the special purpose vehicle “Goa Tamnar Transmission Ltd.” Goa’s first 400kV Gas Insulated Substation (GIS) at Dharbandora is now operational. The final project element, the Xeldem-Narendra transmission line, is slated for commissioning soon. The Dharbandora GIS enables South Goa to receive a 400kV power supply for the first time,…
Author: PPD Team Date: 16/12/2024 NorthWestern Energy has entered into a memorandum of understanding (MoU) with Grid United’s North Plains Connector to acquire a 10% stake in the 3GW HVDC transmission line project. The 420-mile (676 km) transmission line will link Bismarck, North Dakota, and Colstrip, Montana. Grid United will fund the development of the North Plains Connector, with NorthWestern Energy’s investment contingent on regulatory approvals. The project, developed jointly with ALLETE, will also involve…
Author: PPD Team Date: 22/11/2024 Laurentis Energy Partners has partnered with ORLEN Synthos Green Energy (OSGE) to advance small modular reactor (SMR) development in Poland. The collaboration focuses on preparing the Preliminary Safety Analysis Report (PSAR), a critical document for licensing GE Hitachi Nuclear Energy’s BWRX-300 SMRs. The PSAR, mandated by Poland’s National Atomic Energy Agency, will assess environmental conditions, site characteristics, and other safety factors. Laurentis staff based in Ontario, Canada, will handle its…
Author: PPD Team Date: 12/03/2025 On Monday, the 10th Ministerial Meeting for the implementation of the Green Energy Corridor project took place in Budapest, with representatives from Azerbaijan, Georgia, Hungary, Romania, and Bulgaria in attendance. This partnership of the five nations could lead to Europe’s largest green energy corridor. The main focus of the meeting was the progress and prospects of the Caspian-Black Sea-European Green Energy Corridor. Key discussions included the development of Azerbaijan’s renewable…
Author: PPD Team Date: 21/11/2024 The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for five independent power producer (IPP) projects, totalling 9.2GW in capacity, as reported by Zawya. The projects include thermal and solar photovoltaic (PV) power initiatives, with a combined investment of 35 billion Saudi riyals ($9.3 billion), supporting Saudi Vision 2030 goals for a balanced energy mix. The thermal projects, Rumah 1 and 2 and Nairyah 1 and 2,…
Author: PPD Team Date: 30/01/2025 JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million. The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1 million MWh of clean energy annually. The facilities include a 120 MW solar PV plant…