Saatvik Solar has delivered 70.2 MW of high-efficiency Mono PERC 545Wp solar modules for SJVN Limited’s power project in Punjab. These high-performance modules, made from single-crystal silicon, are designed to maximize energy output, even in low-light conditions, and feature a uniform black appearance. Their design makes them especially suitable for projects where space needs to be used efficiently.
Octopus Energy Generation has announced a £2 billion investment in UK renewable energy projects by 2030, with a focus on solar capacity, including 222 MW currently in the pipeline. The investment covers the development of four new solar farms by BayWa r.e. in the UK, with construction on three sites expected to begin by the end of 2024 and the fourth in 2025. The projects include the 50 MW Perrinpit Road solar park in Bristol,…
Hero Group’s power unit, Hero Future Energies, plans to invest USD 20 billion over the next six years to expand its capacity nearly 16-fold. The investment will focus on wind, solar, and battery storage technologies, funded through a mix of internal resources, debt, and equity. With 3.4 GW of capacity under construction, set to be completed within two years, Hero Future Energies aims to increase its current 1.9 GW capacity to 30 GW by 2030….
Ocean Winds (OW) has submitted its first planning consent application for onshore works to Aberdeenshire Council for the 2 GW Caledonia offshore wind project in Scotland. This follows the completion of the project’s environmental impact assessment (EIA), which includes detailed studies of both onshore and offshore infrastructure. The onshore component of the Caledonia project includes a substation and underground cables to transmit power generated by the offshore facility. Aberdeenshire Council has opened a formal public…
KPI Green Energy Limited has received approvals from the Chief Electrical Inspector for 16 MW of solar power projects under its captive power plant (CPP) business. These projects were executed for KPI Green Energy’s clients and developed through its wholly-owned subsidiaries, KPIG Energia Private Limited and Sun Drops Energia Private Limited.
REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited under the Ministry of Power, has handed over the Special Purpose Vehicle (SPV), Rajasthan IV-A Power Transmission Limited, to Apraava Energy Private Limited (AEPL). This project aims to facilitate the evacuation of power from the Rajasthan Renewable Energy Zone Ph-IV (Jaisalmer/Barmer Complex). Apraava Energy was selected as the Transmission Service Provider (TSP) through a Tariff-based Competitive Bidding (TBCB) process managed by RECPDCL. The…
Power trading solutions provider PTC India posted a 33% increase in its consolidated net profit for the June quarter, reaching Rs 18.9 billion, up from Rs 14.3 billion in Q1 FY24. The rise in profit was attributed to lower expenses, which fell to Rs 448.6 billion from Rs 460.4 billion a year ago. Earnings per share (EPS) increased to Rs 5.87 in Q1 FY25 compared to Rs 4.39 in Q1 FY24. Trading volume remained relatively…
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