Author: PPD Team Date: February 6, 2025
Hazoor Multi Projects (HMPL) plans to invest Rs 25 billion in a 500 MW solar power project in Prakasam district, Andhra Pradesh.
The project will be developed on 2,000 acres, with support from the Andhra Pradesh government through the New & Renewable Energy Development Corporation (NREDCAP), which has requested a detailed project report (DPR) from the company for execution.
Author: PPD Team Date: December 5, 2024 Centrica, in partnership with EDF, has announced the extension of the operational lives of its four advanced gas-cooled reactor nuclear power stations. Heysham 1 and Hartlepool will now operate until March 2027, while Heysham 2 and Torness will continue until March 2030. These extensions will add 9TWh to Centrica’s electricity generation capacity between 2026 and 2030, supporting the UK’s baseload power generation. The decision follows a comprehensive review…
Author: PPD Team Date: October 17, 2024 Sumitomo Corporation, through its Sumitomo Corporation of Americas and Perennial Power Holdings, has partnered with CEP Solar to develop over 1.5GW of solar and battery storage assets in Virginia, US. This joint venture will combine CEP Solar’s local expertise with Sumitomo’s project finance capabilities, accelerating the expansion of renewable energy in the region. Construction is expected to begin in late 2025. Takuya Yoshizawa, president of Perennial Power Holdings,…
Author: PPD Team Date: November 11, 2025 Chinese TOPCon solar cell prices fell 1.22% to $0.0405/W this week amid weak export demand and contract renegotiations by Indian buyers following India’s proposed antidumping duty. The duty, recommended by the Directorate General of Trade Remedies, may impose up to 30% on Chinese solar cell imports for three years once approved. Manufacturers said Indian firms are revising contracts to address tariff costs, though Chinese cells are expected to…
Author: PPD Team Date: June 2, 2025 The Ministry of New and Renewable Energy (MNRE) has invited proposals under the “Innovative Projects” component of the PM Surya Ghar: Muft Bijli Yojana. The call aims to support new technologies and business models that advance rooftop solar (RTS) adoption across India. The deadline for proposal submission is 29 July 2025. The National Institute of Solar Energy (NISE) will act as the implementation agency. It will oversee project…
Author: PPD Team Date: August 28, 2025 ACME Cleantech Solutions Private Limited (ACME) has been declared the winner of Solar Energy Corporation of India’s (SECI) green ammonia auction under the Strategic Interventions for Green Hydrogen Transition Programme (Mode-2A–Tranche-I). The company will supply 25,000 tonnes per annum (TPA) of green ammonia to Paradeep Phosphates Limited, Zuarinagar (Goa), at a tariff of Rs 62.84 per kg. This win is ACME’s fifth in a planned series of 13…
Author: PPD Team Date: December 12, 2024 The Government of India has applied for a USD 186 million loan from the Asian Infrastructure Investment Bank (AIIB) for the Assam Intra-State Transmission System Enhancement Project Phase II. The initiative aims to strengthen Assam’s electricity transmission system by constructing new transmission sub-stations, upgrading existing ones, and installing optical power ground wire (OPGW) in the state.