Author: PPD Team Date: February 10, 2025
ACME Solar Holdings Private Limited has signed an agreement with Grew Energy Private Limited to develop a solar power project in Bikaner, Rajasthan.
The project will utilize GREW Solar’s Topcon solar modules, manufactured at its 3 GW facility near Dudu, Jaipur. Both companies aim to expand their collaboration in the renewable energy sector.
Author: PPD Team Date: January 10, 2025 Energy infrastructure company LS Power has acquired Algonquin Power & Utilities’ renewable energy business, adding over 3GW of wind and solar assets across the US and Canada to its portfolio. This expands LS Power’s renewable energy capacity, which exceeds 23GW. The acquisition, agreed upon in August 2024, has led to the creation of Clearlight Energy, a new entity managing 44 projects and advancing a 1.8GW development pipeline. Clearlight…
Author: PPD Team Date: March 25, 2026 The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved 35 proposals last week. These include a 20 MW floating solar plant in Gorakhpur and Rs 2,242.90 crore for coal mine development linked to the Ghatampur Thermal Power Project. The allocation of Rs 2,242.90 crore supports coal mine development for the Ghatampur Thermal Power Project (3×660 MW), being developed by Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited…
Author: PPD Team Date: October 31, 2025 Coal India Limited (CIL) reported a net profit of Rs 42.63 billion for the second quarter of FY26, a decline of 32.08 per cent from Rs 62.75 billion in the same period last year. Total income fell 1.10 per cent to Rs 323.27 billion from Rs 326.87 billion a year earlier. Adani Power posted a net profit of Rs 29.53 billion for Q2 FY26, down 11 per cent…
Author: PPD Team Date: November 25, 2024 The Australian Capital Territory (ACT) government and Eku Energy have commenced construction of the Williamsdale Battery Energy Storage System (BESS), a 250 MW/500 MWh project under the ACT Government’s Big Canberra Battery initiative. Scheduled to begin operations in 2026, the BESS will store enough renewable energy to power one-third of Canberra for two hours during peak demand, playing a pivotal role in achieving the ACT’s net-zero emissions target…
Author: PPD Team Date: December 30, 2025 Four leading solar wafer manufacturers announced a price increase on the afternoon of December 25, raising prices across key wafer sizes and lifting the average market level by about 12 per cent. Analysts link the change to higher raw material costs and continued tightness in parts of the photovoltaic (PV) supply chain. In their coordinated announcement, the companies confirmed that the price of 183.75mm wafers has been adjusted…
Author: PPD Team Date: March 2, 2026 Power Finance Corporation Limited (PFC) informed stock exchanges on February 27, 2026, that Saswad Transmission Limited has been transferred to Maharashtra State Electricity Transmission Company Limited (MSETCL). The transaction was completed on February 26, 2026. Saswad Transmission Limited was a wholly owned subsidiary of PFC Consulting Limited, which in turn is a wholly owned subsidiary of PFC. It was incorporated as a special purpose vehicle for developing a…