Author: PPD Team Date: January 23, 2025
NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited through NTPC Green Energy Limited, has commenced commercial operation of the second part capacity of its 200 MW Sadla Solar PV Project in Gujarat.
The additional 25 MW capacity became operational on January 17, 2025. Earlier, the first part capacity of 37.5 MW was commissioned on December 21, 2024.
Author: PPD Team Date: January 24, 2025 CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets across industrial facilities, malls, schools, and universities. Additionally, the financing includes an uncommitted accordion of AED 37 million for future projects, in line with the UAE’s Net Zero…
Author: PPD Team Date: January 14, 2026 Power Finance Corporation Limited (PFC) has announced the launch of a public issue of secured, redeemable, non-convertible debentures (NCDs). The issue has a base size of Rs 500 crore, with an option to retain oversubscription of up to Rs 4,500 crore, taking the total tranche size to Rs 5,000 crore. The issue opens on January 16, 2026. The issue is being launched following approvals from the Chairman and…
Author: PPD Team Date: October 27, 2025 The Rajasthan Renewable Energy Corporation Limited (RREC) has withdrawn its procedure for implementing wind and hybrid projects and will no longer register or verify wind turbine generator (WTG) coordinates on private land. Developers will now be solely responsible for maintaining mandatory spacing between turbines. The order, issued on October 15, 2025, revokes the “Procedure-cum-Guidelines for Implementation of Wind/Hybrid Power Projects in the State” issued on May 2, 2025….
Author: PPD Team Date: January 15, 2025 O2 Power has secured an order to develop an 800 MWh battery energy storage system (BESS) under the Solar Energy Corporation of India Limited’s competitive bidding for the firm dispatchable renewable energy (FDRE VI) program. The BESS project will be located near an operational substation in Rajasthan, taking advantage of the state’s abundant solar and land resources. It will use existing evacuation infrastructure to minimize delays and combine…
Author: PPD Team Date: December 4, 2024 Portland General Electric (PGE) has entered a power purchase agreement (PPA) with Avangrid, a member of the Iberdrola Group, to procure power from the 120 MWac (166 MWdc) Tower Solar project in Morrow County, Oregon. Scheduled for completion in 2026, Tower Solar will be Avangrid’s sixth solar facility and 17th power generation project in Oregon, where the company operates 1.6 GW of wind and solar capacity. The project…
Author: PPD Team Date: March 20, 2026 The Central Electricity Authority (CEA), under the Ministry of Power (MoP), has released the National Generation Adequacy Plan (NGAP) for 2026-27 to 2035-36. The plan outlines a pathway to more than double the country’s electricity generation capacity over the next decade to meet rising demand. Capacity expansion outlook The NGAP projects total installed power generation capacity to reach 1,121 GW by 2035-36, up from 520.5 GW as of…