ACME commissions 90 MW solar projects in Rajasthan
Author: PPD Team Date: January 13, 2025
Author: PPD Team Date: January 13, 2025
ACME Dhaulpur Powertech Private Limited and ACME Raisar Solar Energy Private Limited, subsidiaries of ACME Solar Holdings Private Limited, commissioned a cumulative 90 MW solar power capacity at Sanwara village in Pokhran tehsil, Jaisalmer, Rajasthan, on January 7, 2025.
Author: PPD Team Date: December 2, 2024 The Government of the Philippines has initiated the MTerra Solar Project in Nueva Ecija and Bulacan, with an investment of $3.4 billion. The project aims to generate 4,500 MWh of energy, supplying electricity to approximately 2.4 million homes by 2027. This initiative is a collaboration between Terra Solar Philippines, Meralco PowerGen Corporation (MGEN), and SP New Energy Corporation (SPNEC). It is expected to reduce carbon emissions by over…
Author: PPD Team Date: December 4, 2024 Axpo Nordic has entered a ten-year agreement with Norway-based Hydro Energi to supply 2.63 TWh of electricity between 2026 and 2035. The electricity will be delivered in the Swedish price area SE2, strengthening Hydro’s renewable energy portfolio. Mats Larsson, senior originator at Axpo Nordic, emphasized the companies’ 15-year partnership and Axpo’s expertise in delivering tailored energy solutions. Hydro will integrate this contract into its Nordic power portfolio, which…
Author: PPD Team Date: November 21, 2024 Toyota Tsusho Corporation, alongside Eurus Energy, Engie S.A., and Orascom Construction PLC, has announced an expansion of the Gulf of Suez Wind Farm II in Egypt, increasing its capacity from 504 MW to 654 MW. This development will make it the largest wind farm in Africa by installed capacity, aligning with Egypt’s goal to generate 42% of its energy from renewable sources by 2030. The Gulf of Suez…
Author: PPD Team Date: December 11, 2024 Juniper Green Energy has signed an agreement with First Solar to procure 1 GW of advanced Series 7 FT1 cadmium telluride (CdTe) thin-film photovoltaic (PV) modules. The modules will be supplied over two years and deployed across Juniper Green Energy’s projects in Rajasthan, Gujarat, and Maharashtra during the upcoming financial year. The modules will be manufactured at First Solar’s facility in Chennai, reducing reliance on China’s crystalline silicon…
Author: PPD Team Date: October 29, 2024 BASF and AM Green B.V. have signed a memorandum of understanding (MoU) to explore business opportunities for developing low-carbon chemicals produced exclusively with renewable energy. As part of the agreement, both companies plan to conduct feasibility studies in India, assessing potential technologies for low-carbon chemical production. The collaboration also includes a non-binding letter of intent (LoI) for BASF to offtake 100,000 tonnes annually of ammonia produced solely with…
Author: PPD Team Date: February 19, 2026 The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group (WBG), has issued a $197.67 million guarantee to support refinancing of a $500 million World Bank loan extended to State Bank of India (SBI) for grid-connected rooftop solar projects. The five-year guarantee aims to accelerate the deployment of solar systems for commercial and industrial consumers across India. The guarantee has been provided to Citibank in relation…