Author: PPD Team Date: 22/01/2025
Advait Energy Transitions (formerly Advait Infratec) has secured a Letter of Award (LoA) from the Solar Energy Corporation of India (SECI) under the Product Linked Incentive (PLI) scheme, part of the Strategic Interventions for Green Hydrogen Transition (SIGHT) initiative (Tranche II).
The company will establish a 200 MW manufacturing capacity for alkaline electrolysers in India. The project is expected to be completed within five years.
Author: PPD Team Date: 12/12/2024 The Odisha government has approved seven renewable energy projects with a combined investment of Rs 13.86 billion to enhance the state’s sustainable energy infrastructure. The projects, totaling 192.41 MW in capacity, include a 99 MW wind power project, five ground-mounted solar projects totaling 91.77 MW, and a 1.64 MW rooftop solar project. These initiatives align with the Odisha Renewable Energy Policy 2022, which aims to leverage the state’s natural resources…
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: 28/10/2024 Larsen & Toubro (L&T) has secured a ‘significant’ contract, estimated between Rs 10 billion and Rs 25 billion, to implement advanced welding technologies for the ITER Organisation’s nuclear fusion project, the world’s largest, located in Cadarache, Southern France. L&T will focus on critical technologies for assembling ports and complex components within the ITER Tokamak’s vacuum vessel. ITER, the International Thermonuclear Experimental Reactor, is a large-scale scientific collaboration aiming to make…
Author: PPD Team Date: 17/10/2024 The Ministry of New and Renewable Energy (MNRE) has clarified that its Approved List of Models and Manufacturers (ALMM) order does not apply to open access and net-metering solar projects that secured approvals before October 1, 2022. According to an official memorandum, this exemption covers projects where the initial application for approvals, such as in-principle approval or no objection certificate, was submitted before the specified date. The application must have…
Author: PPD Team Date: 01/03/2025 JSW Energy has won a 125 MW/500 MWh standalone battery energy storage system (BESS) auction in Kerala. The project, awarded by the Solar Energy Corporation of India (SECI), will be connected to the Mylatti 220 kV substation in Kasaragod. JSW Energy secured the project at a tariff of Rs 441,000 per MW per month and qualifies for viability gap funding of Rs 2.7 million per MWh or 30 per cent…
Author: PPD Team Date: 09/12/2024 The construction work of the Rs 69 billion Khorlochhu Hydropower Project in Bhutan has commenced, with the plant expected to be commissioned by September 2029. The 600 MW project is being developed on the Kholongchhu River in eastern Bhutan. In August, Tata Power and Bhutan-based Druk Green Power Corporation (DGPC) partnered to develop the project. Later in November, Tata Power announced a partnership with DGPC to develop a 5,000 MW…