Author: PPD Team Date: December 6, 2024
Advait Energy Transitions has secured an order for the supply of 24 F optical ground wire (OPGW) cables on a turnkey basis for the 400 KV Kurukshetra-Malerkotla transmission line.
The contract, awarded by NRSS XXXI (B) Transmission, includes both supply and installation under a build, own, and operate model.
The project is scheduled to be completed within seven months.
Author: PPD Team Date: December 23, 2025 The Central Transmission Utility (CTU) has notified the indicative capital cost for various configurations of dedicated transmission systems. The document, titled Indicative Capital Cost of Dedicated Transmission Systems, provides standard reference costs for dedicated transmission lines and reactive power equipment to support planning and cost sharing among developers, lenders, and utilities. The CTU has clarified that these are indicative benchmarks and not fixed tariffs, and that Right of…
Author: PPD Team Date: December 24, 2024 The Philippines Energy Regulatory Commission (ERC) has approved two transmission projects by the National Grid Corporation of the Philippines (NGCP), the private operator of the country’s transmission network. The projects include the PHP20.65 billion, 500 kV Balaoan–Laoag transmission line and the PHP2,585 million, 230 kV Capas substation in Luzon. The Balaoan–Laoag line, connecting La Union and Ilocos Norte, aims to strengthen the grid and integrate renewable energy sources…
Author: PPD Team Date: December 26, 2024 Nozomi Energy, a Japanese renewable energy company and an Actis subsidiary, has acquired a portfolio of 12 operational solar projects, totalling 312 MW. These projects, which range from 1 MW to over 60 MW, are backed by Feed-In-Tariff (FIT) contracts that extend at least until 2040, providing stable and predictable cash flows for the company. Nine of the projects are located in Japan’s Kanto region, while the remaining…
Author: PPD Team Date: January 3, 2025 Vestas has announced new contracts totalling 134MW for wind turbine projects in Europe as part of its Q4 2024 order intake. In Italy, Vestas received a 26MW order from Alerion San Marco for the Valico Casone Cocca project. It will feature three V150-6.0 MW and two V117-4.2 MW turbines, with a ten-year Active Output Management (AOM) 4000 service agreement. Delivery is planned for Q4 2025, with commissioning in…
Author: PPD Team Date: October 21, 2024 According to LevelTen, a price tracking platform, European power purchase agreement (PPA) prices for green electricity dropped by 12.4% in Q3 2024 compared to the same period in 2023. This decrease is attributed to declining inflation and reduced market volatility following the COVID-19 pandemic and the 2022 energy crisis. LevelTen’s quarterly report suggests that current stable market conditions present an opportunity for buyers to secure favourable deals. The…
Author: PPD Team Date: January 24, 2025 Sun Petrochemicals has signed a memorandum of understanding (MoU) with the Telangana government to develop pumped storage hydro power projects in Nagarkurnool, Mancherial, and Mulugu districts. The project involves an investment of Rs 450 billion and is expected to create 7,000 jobs. The initiative will integrate solar power plants with a capacity of 5,440 MW. The MoU was signed during the World Economic Forum in Davos. Sun Petrochemicals’…