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Grenergy strengthens partnership with BYD to enhance storage system supply in Chile
Spanish renewable energy company Grenergy has renewed its agreement with BYD to supply large-scale storage systems for the Oasis de Atacama solar-battery hybrid project in Chile, bringing the total storage capacity to 3 GWh—BYD’s largest agreement to date. The extended deal includes BYD’s MC Cube storage systems for Grenergy’s 200 MW Victor Jara project, with 537 containers set to arrive at the site in the second quarter of 2025. This storage capacity is equivalent to…
PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme
On October 15, 2024, Power Grid Corporation of India Ltd (PGCIL) was awarded the project SPV “Rajasthan IV H1 Power Transmission Ltd” by RECPDCL, the bid process coordinator, under the tariff-based competitive bidding (TBCB) route. PGCIL will develop the transmission project on a BOOT (Build, Own, Operate & Transfer) basis. The project involves establishing substations in Madhya Pradesh, including 765/400kV, 400/220kV, and 220/132kV substations with associated reactors. The project aims for completion within 24 months….
L&T secures Rs 150 billion NTPC contract for thermal power plants
Larsen & Toubro’s (L&T) Energy CarbonLite Solutions division has received a ‘Limited Notice to Proceed’ (LNTP) from NTPC to develop thermal power plants valued at over Rs 150 billion. The contract includes main plant packages for a 2×800 MW Stage-II thermal power plant in Gadarwara, Madhya Pradesh, and a 3×800 MW Stage-II thermal power plant in Nabinagar, Bihar. The project scope encompasses the design, engineering, manufacturing, supply, erection, and commissioning of boilers, turbines, electrostatic precipitators…
Ahasolar Technologies secures order for national portal for PM Surya Ghar
Ahasolar Technologies Limited has received an order worth Rs 16.5 million from Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to develop an online national portal for the PM Surya Ghar: Muft Bijli Yojana. The portal will manage rooftop photovoltaic (PV) applications and provide capacity-building support to discoms. The project will also include consultancy support for REC Limited in implementing the scheme, offering training, and coordinating with discoms across India. The order is expected to be completed…
Hitachi invests $200 million to expand transformer manufacturing in Brazil
Hitachi Energy has invested more than $200 million to expand its transformer manufacturing operations in Brazil, as part of a larger $1.5 billion global investment plan to boost its production capacity. The investment will be used to upgrade the existing Guarulhos transformer factory in São Paulo and establish a new greenfield transformer manufacturing facility, which is slated to be operational by 2028. Hitachi Energy has been a key supplier of transformers in Brazil for decades,…
Epic Energy inks agreement to set up 35 MWp solar park in Maharashtra
Epic Energy, a key player in the solar EPC market, has signed an agreement with Niva Ecotech to establish a 35 MWp (25 MW) solar park in Solapur, Maharashtra. Epic Renewable Projects, a 100% subsidiary of Epic Energy, will spearhead this initiative to develop solar parks across India. The company has identified multiple sites in and around Solapur and is in advanced discussions with corporates to install solar energy plants under the group captive open…