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India | Generation | NewsNHPC signs PPA with NDMC for 800 MW Parbati-II project
NHPC Limited has signed a Power Purchase Agreement (PPA) with the New Delhi Municipal Council (NDMC) for the supply of electricity from its 800 MW Parbati Hydro Electric Project Stage-II in Himachal Pradesh. The agreement was signed in New Delhi on June 29, 2026, and provides for the supply of power for a period of…
Nexans secures €1bn LanWin2 project with TenneT for offshore grid
Cable systems and services provider Nexans has signed a €1 billion ($10.3 billion) agreement with TenneT for the LanWin2 project, part of TenneT’s 2GW offshore grid connection programme in the German North Sea. The LanWin2 project includes the engineering, procurement, construction, and installation (EPCI) of 525 kV high-voltage direct current (HVDC) onshore and offshore export…
China brings first gigawatt-scale fixed offshore solar project online
A state-owned developer in China has fully commissioned the HG14 offshore solar project in Shandong, marking the country’s first gigawatt-scale fixed-structure offshore photovoltaic installation. The project is designed for harsh marine environments and includes large-scale battery storage to support stable output. China Energy Investment Corp. (CHN Energy), through its subsidiary Guohua Investment, completed the grid…
What two-year exemption for Chinese power firms means for domestic manufacturers
The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption from public procurement restrictions to four Indian subsidiaries of Chinese electrical equipment manufacturers, allowing them to participate in Central government procurement without registration under the Public Procurement Order. The exemption, effective June 24, 2026, has been granted following a request…
Brookfield raises USD 20 billion for second global transition fund
Brookfield Asset Management has completed the final close of its Brookfield Global Transition Fund II (BGTF II), raising USD 20 billion to accelerate investments in clean energy and low-carbon technologies worldwide. The fund will finance a broad portfolio across wind, solar, battery storage, carbon capture, and other clean energy assets. In India, it will support…
HPSEB and HPPTCL to add 15 substations to Himachal’s grid
The Himachal Pradesh State Electricity Board (HPSEB) and Himachal Pradesh Power Transmission Corporation Limited (HPPTCL) are set to expand the state’s transmission network with 15 new substations. This includes five 66 kV substations and ten higher-capacity units of 132 kV and 220 kV. The initiative follows directions from the Himachal Pradesh Electricity Regulatory Commission (HPERC)…
