Author: PPD Team Date: 20/01/2025
Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year.
The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.
Author: PPD Team Date: 12/12/2024 Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024. This funding will support the deployment of over 200 rooftop solar installations across the country. Additionally, the company has secured contracts for developing solar projects on 40 million square feet of commercial and industrial rooftop space. The financing was raised through partnerships with 10 investors and counterparties, including KeyState Renewables,…
Author: PPD Team Date: 24/01/2025 Rosatom State Atomic Energy Corporation has shipped the VVER-1000 reactor vessel for Unit 6 of the Kudankulam Nuclear Power Plant (KKNPP) Project in Tamil Nadu. A set of four steam generators for Unit 6 is scheduled for shipment in 2025. The Nuclear Power Corporation of India Limited (NPCIL) is developing the plant in Tirunelveli district. Kudankulam’s total installed capacity is projected at 6,000 MW, comprising six reactors of 1,000 MW…
Author: PPD Team Date: 05/11/2024 Global: ACWA Power secures $240 million IFC loan for Uzbekistan’s RE projects HydroWing and PLN to develop Indonesia’s first tidal energy plant Huasun Energy to supply 1 GW of HJT solar modules for Power China’s offshore PV project Avantus sells Catclaw Solar and Energy Storage Project to DESRI India: Premier Energies’ subsidiaries receive orders worth Rs 5.6 billion Gensol Engineering secures Rs 7.8 billion solar EPC order in Maharashtra NTPC…
Author: PPD Team Date: 29/01/2025 The Government of Arunachal Pradesh has deployed drilling machines in Parong to conduct pre-feasibility testing for the Upper Siang Hydro Electric Project. North Eastern Electric Power Corporation Limited (NEEPCO), NHPC Limited, and the Government of Arunachal Pradesh (GoAP) will execute the 11,200 MW project in Parong, Siang district, through a joint venture (JV). THDC invites DPR bids for hydro projects in Maharashtra, Uttar Pradesh In related hydroelectric developments, THDC India…
Author: PPD Team Date: 04/11/2024 The Andhra Pradesh government has announced plans to set up Renewable Energy Zones (REZs) and a dedicated university for green energy and circular economy as part of its Integrated Clean Energy Policy (ICEP). These initiatives aim to attract large-scale investments and foster clean energy production within the state. The state will provide Viability Gap Funding (VGF) to support ultra-modern green energy power plants and has set a 20% capital subsidy…
Author: PPD Team Date: 05/11/2024 Huasun Energy has secured a 1 GW contract to supply its n-type heterojunction (HJT) solar modules to Power China for offshore solar projects in Aoshan Bay, Jimo District, Qingdao, Shandong Province. Known for challenging soft soil conditions, the region requires modules with high water resistance, corrosion protection, and durability. Huasun’s G12-132 V-Ocean HJT solar modules, with a 720 W output, feature advanced waterproofing through butyl adhesive and UV-resistant junction boxes…