Author: PPD Team Date: 31/01/2025
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Westinghouse’s eVinci microreactor receives NRC approval for control system
Author: PPD Team Date: 05/12/2024 Westinghouse Electric Company has achieved a significant milestone with the approval of the eVinci microreactor’s Advanced Logic System (ALS) Version 2 instrumentation and control (I&C) platform by the US Nuclear Regulatory Commission (NRC). This marks the eVinci microreactor as the first of its kind to receive NRC approval for its I&C system, paving the way for autonomous operation. The ALS v2 platform is a logic-based system that manages safety-critical operations…
Capital Dynamics secures £48.5m funding for Scottish onshore wind projects
Author: PPD Team Date: 14/11/2024 Capital Dynamics has obtained £48.5 million ($61.4 million) in funding for its first Scottish onshore wind projects, totaling 193 MW in capacity. The funding, directed to Capital Dynamics’ Clean Energy UK Fund, was provided by Border to Coast Pensions Partnership, the UK’s largest Local Government Pension Scheme pool. This investment marks Border to Coast’s initial venture in its UK Opportunities portfolio, focused on financing essential infrastructure to support the UK’s…
GK Energy files DRHP for Rs 5 billion IPO to raise funds
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NCT approves TBCB route for Rs 100 billion interstate transmission projects
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Greg Skinner acquires 50% stake in Ethical Power Group
Author: PPD Team Date: 06/01/2025 Greg Skinner, a private investor, has acquired a 50% share of Ethical Power Group from Hive Energy. As part of the deal, Skinner will provide an additional £15 million working capital loan to support the company’s continued growth. Skinner will also join the Ethical Power Group board. Ethical Power, founded in 2010, is a global renewable energy company that operates across Europe and New Zealand. The company employs over 300…
Westinghouse’s eVinci microreactor receives NRC approval for control system
Author: PPD Team Date: 05/12/2024 Westinghouse Electric Company has achieved a significant milestone with the approval of the eVinci microreactor’s Advanced Logic System (ALS) Version 2 instrumentation and control (I&C) platform by the US Nuclear Regulatory Commission (NRC). This marks the eVinci microreactor as the first of its kind to receive NRC approval for its I&C system, paving the way for autonomous operation. The ALS v2 platform is a logic-based system that manages safety-critical operations…
Capital Dynamics secures £48.5m funding for Scottish onshore wind projects
Author: PPD Team Date: 14/11/2024 Capital Dynamics has obtained £48.5 million ($61.4 million) in funding for its first Scottish onshore wind projects, totaling 193 MW in capacity. The funding, directed to Capital Dynamics’ Clean Energy UK Fund, was provided by Border to Coast Pensions Partnership, the UK’s largest Local Government Pension Scheme pool. This investment marks Border to Coast’s initial venture in its UK Opportunities portfolio, focused on financing essential infrastructure to support the UK’s…
GK Energy files DRHP for Rs 5 billion IPO to raise funds
Author: PPD Team Date: 19/12/2024 GK Energy Limited has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). The IPO consists of a fresh issue of shares worth up to Rs 5 billion, along with an offer for sale of up to 8.4 million equity shares by existing shareholders. The shares will have a face value of Rs 2, and…
Adani Green begins operations on 480 MW wind-solar projects in Gujarat
Author: PPD Team Date: 01/04/2025 Adani Green Energy Limited (AGEL) has started commercial operations on five renewable energy projects with a combined capacity of 480.1 MW. These projects are part of the massive 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch. The projects, which went live on March 30, 2025, include both wind and solar power developments under different special purpose vehicles (SPVs): Adani Renewable Energy Fifty Six Limited…
NCT approves TBCB route for Rs 100 billion interstate transmission projects
Author: PPD Team Date: 10/09/2024 The National Committee on Transmission (NCT), in its 22nd meeting on August 23, 2024, recommended the tariff-based competitive bidding (TBCB) route for four interstate transmission system (ISTS) schemes, with a total project outlay exceeding Rs 100 billion. These projects are aimed at strengthening India’s power transmission infrastructure, particularly for renewable energy zones and green hydrogen production areas. The first scheme focuses on the augmentation of transformation capacity at the Bidar…
Greg Skinner acquires 50% stake in Ethical Power Group
Author: PPD Team Date: 06/01/2025 Greg Skinner, a private investor, has acquired a 50% share of Ethical Power Group from Hive Energy. As part of the deal, Skinner will provide an additional £15 million working capital loan to support the company’s continued growth. Skinner will also join the Ethical Power Group board. Ethical Power, founded in 2010, is a global renewable energy company that operates across Europe and New Zealand. The company employs over 300…
Westinghouse’s eVinci microreactor receives NRC approval for control system
Author: PPD Team Date: 05/12/2024 Westinghouse Electric Company has achieved a significant milestone with the approval of the eVinci microreactor’s Advanced Logic System (ALS) Version 2 instrumentation and control (I&C) platform by the US Nuclear Regulatory Commission (NRC). This marks the eVinci microreactor as the first of its kind to receive NRC approval for its I&C system, paving the way for autonomous operation. The ALS v2 platform is a logic-based system that manages safety-critical operations…
Capital Dynamics secures £48.5m funding for Scottish onshore wind projects
Author: PPD Team Date: 14/11/2024 Capital Dynamics has obtained £48.5 million ($61.4 million) in funding for its first Scottish onshore wind projects, totaling 193 MW in capacity. The funding, directed to Capital Dynamics’ Clean Energy UK Fund, was provided by Border to Coast Pensions Partnership, the UK’s largest Local Government Pension Scheme pool. This investment marks Border to Coast’s initial venture in its UK Opportunities portfolio, focused on financing essential infrastructure to support the UK’s…