Author: PPD Team Date: 26/11/2024
Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited.
Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000.
AHE5L will generate, develop, transform, distribute, transmit, sell, and supply power through renewable energy sources, including wind and solar.
Author: PPD Team Date: 05/12/2024 Tunisia’s government has announced a planned investment of USD 2.2 billion in its power sector by 2025, focusing on renewable energy development to reduce dependency on electricity imports from Algeria and Libya. The initiative aims to increase the share of solar and wind power in the energy mix to 35 per cent by 2030, targeting 4,850 MW of renewable energy generation. Key projects include the Tozeur solar PV plant, a…
Author: PPD Team Date: 18/12/2024 Arctech’s SkyLine II solar tracker system has been successfully used in Azerbaijan’s largest utility-scale solar project, a 312 MW plant located in the Garadagh Gobi Desert. The Garadagh solar plant spans 550 hectares and generates 500 million kilowatt-hours (kWh) annually, powering 110,000 households and reducing carbon dioxide emissions by over 200,000 tonnes each year. The project is located near the coastline, facing corrosive conditions. The COP29 climate talks in Baku…
Author: PPD Team Date: 12/11/2024 Power Finance Corporation Limited (PFC) reported a net profit of Rs 72.15 billion for the quarter ending September 2024, an 8.86 per cent increase from Rs 66.28 billion in the same quarter last year. The company’s total income also rose by 15.04 per cent, reaching Rs 257.55 billion compared to Rs 223.87 billion in the previous year’s corresponding period.
Author: PPD Team Date: 27/01/2025 JA Solar completes 1 GW delivery for Ulan Buh Desert energy base project JA Solar has successfully delivered high-performance n-type PV modules to the 1 GW photovoltaic project at the Ulan Buh Desert Northeast New Energy Base in China. This energy base is part of a broader 12 GW wind and solar power initiative. The project’s execution using JA Solar’s advanced n-type modules highlights the company’s capacity to support large-scale…
Author: PPD Team Date: 06/11/2024 Electric services company GE Vernova, in collaboration with Saudi Arabia’s Ash Sharqiyah Operations & Maintenance Company (ASHOMCo), has completed three front-end engineering design (FEED) studies to reduce net carbon emissions at three cogeneration plants in Saudi Arabia. These plants, equipped with GE Vernova’s 7E and 7F gas turbines, collectively generate up to 920 MW of power and 1,400 tonnes per hour of steam, providing energy for around 920,000 homes. The…
Author: PPD Team Date: 24/12/2024 Orlen has secured a second agreement with the European Investment Bank (EIB) for nearly 1bn zlotys ($244m) to fund its strategic electricity distribution network programme. The investment will enhance renewable energy connections, including the development of 1,000 new EV charging points and an expansion of grid capacity to integrate 1.4GW of clean energy, powering 900,000 households. The programme will enable Energa Operator, an Orlen Group company, to begin projects in…
Author: PPD Team Date: 05/12/2024 Tunisia’s government has announced a planned investment of USD 2.2 billion in its power sector by 2025, focusing on renewable energy development to reduce dependency on electricity imports from Algeria and Libya. The initiative aims to increase the share of solar and wind power in the energy mix to 35 per cent by 2030, targeting 4,850 MW of renewable energy generation. Key projects include the Tozeur solar PV plant, a…
Author: PPD Team Date: 18/12/2024 Arctech’s SkyLine II solar tracker system has been successfully used in Azerbaijan’s largest utility-scale solar project, a 312 MW plant located in the Garadagh Gobi Desert. The Garadagh solar plant spans 550 hectares and generates 500 million kilowatt-hours (kWh) annually, powering 110,000 households and reducing carbon dioxide emissions by over 200,000 tonnes each year. The project is located near the coastline, facing corrosive conditions. The COP29 climate talks in Baku…
Author: PPD Team Date: 12/11/2024 Power Finance Corporation Limited (PFC) reported a net profit of Rs 72.15 billion for the quarter ending September 2024, an 8.86 per cent increase from Rs 66.28 billion in the same quarter last year. The company’s total income also rose by 15.04 per cent, reaching Rs 257.55 billion compared to Rs 223.87 billion in the previous year’s corresponding period.
Author: PPD Team Date: 27/01/2025 JA Solar completes 1 GW delivery for Ulan Buh Desert energy base project JA Solar has successfully delivered high-performance n-type PV modules to the 1 GW photovoltaic project at the Ulan Buh Desert Northeast New Energy Base in China. This energy base is part of a broader 12 GW wind and solar power initiative. The project’s execution using JA Solar’s advanced n-type modules highlights the company’s capacity to support large-scale…
Author: PPD Team Date: 06/11/2024 Electric services company GE Vernova, in collaboration with Saudi Arabia’s Ash Sharqiyah Operations & Maintenance Company (ASHOMCo), has completed three front-end engineering design (FEED) studies to reduce net carbon emissions at three cogeneration plants in Saudi Arabia. These plants, equipped with GE Vernova’s 7E and 7F gas turbines, collectively generate up to 920 MW of power and 1,400 tonnes per hour of steam, providing energy for around 920,000 homes. The…
Author: PPD Team Date: 24/12/2024 Orlen has secured a second agreement with the European Investment Bank (EIB) for nearly 1bn zlotys ($244m) to fund its strategic electricity distribution network programme. The investment will enhance renewable energy connections, including the development of 1,000 new EV charging points and an expansion of grid capacity to integrate 1.4GW of clean energy, powering 900,000 households. The programme will enable Energa Operator, an Orlen Group company, to begin projects in…
Author: PPD Team Date: 05/12/2024 Tunisia’s government has announced a planned investment of USD 2.2 billion in its power sector by 2025, focusing on renewable energy development to reduce dependency on electricity imports from Algeria and Libya. The initiative aims to increase the share of solar and wind power in the energy mix to 35 per cent by 2030, targeting 4,850 MW of renewable energy generation. Key projects include the Tozeur solar PV plant, a…
Author: PPD Team Date: 18/12/2024 Arctech’s SkyLine II solar tracker system has been successfully used in Azerbaijan’s largest utility-scale solar project, a 312 MW plant located in the Garadagh Gobi Desert. The Garadagh solar plant spans 550 hectares and generates 500 million kilowatt-hours (kWh) annually, powering 110,000 households and reducing carbon dioxide emissions by over 200,000 tonnes each year. The project is located near the coastline, facing corrosive conditions. The COP29 climate talks in Baku…