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: 02/01/2025 The Central Electricity Regulatory Commission (CERC) has granted a transmission licence to Khavda IV A Power Transmission Ltd, a subsidiary of Adani Energy Solutions Ltd (AESL). The licence, effective for 25 years unless revoked earlier, covers the development of an interstate transmission system (ISTS) for the evacuation of power from a renewable energy zone in Gujarat’s Khavda area. The project, known as the “Transmission system for evacuation of power from…
Author: PPD Team Date: 28/10/2024 Kataria Industries has acquired the wire manufacturing business of Ratlam Wires for approximately Rs 310 million. The acquisition, valued at Rs 306 million, is structured as a slump sale, with the business continuing as a going concern. This move is expected to enhance Kataria’s presence in the steel wire industry. Ratlam Wires produces various steel wire products, including spring steel wires, PC strand wires, and both galvanized and ungalvanized wires….
Author: PPD Team Date: 16/12/2024 Hydrogen Oman (Hydrom) and thyssenkrupp nucera have signed a Memorandum of Understanding (MoU) to advance Oman’s green hydrogen sector. The partnership will focus on exploring localisation opportunities and establishing service hubs for water electrolysers to support hydrogen production. Hydrom, the national orchestrator of Oman’s green hydrogen strategy, has designated over 2,300 square kilometres for large-scale green hydrogen projects. The company aims to build an integrated hydrogen ecosystem through strategic collaborations…
Author: PPD Team Date: 12/11/2024 Energy Vault has announced plans for a 57MW/114MWh battery energy storage system (BESS), named Cross Trails BESS, to be built in Scurry County, Texas. Construction is scheduled to begin in Q1 2025, with commercial operations expected by mid-2025. Energy Vault will build, own, and operate the project using its X-Vault integration platform, UL9540-certified B-VAULT product, and VaultOS energy management system, offering flexibility for both AC and DC-coupled configurations. The project…
Author: PPD Team Date: 22/11/2024 Ocean Winds has submitted a planning application to the Scottish government’s Marine Directorate for the 2GW Caledonia offshore wind farm in the outer Moray Firth. This milestone follows three years of extensive development work since the site was awarded through the ScotWind process in 2022. The Caledonia wind farm, located east of the operational Moray East and under-construction Moray West facilities, will more than double Ocean Winds’ generation capacity in…
Author: PPD Team Date: 04/12/2024 Suzlon has secured a 302.4 MW wind power project order from JSP Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables, in Koppal, Karnataka. This follows a 400 MW order won in November 2024, bringing Suzlon’s total Commercial and Industrial (C&I) orders from Jindal Renewables in Karnataka to 702.4 MW, marking the largest cumulative C&I order from a single customer in India. Under the agreement, Suzlon will supply 96…