Apollo Green plans 500 MW solar module plant
Author: PPD Team Date: November 6, 2024
Author: PPD Team Date: November 6, 2024
Apollo Green Energy is set to establish a 500 MW solar module plant within the next two to three years, aligning with India’s target to reach 500 GW of renewable capacity by 2030, up from the current 154 GW.
The company, specializing in renewable projects, has an order book of Rs 35 billion (USD 416 million) and aims to expand it to Rs 100 billion within this financial year.
The site for the plant is in Madhya Pradesh, with plans for future capacity increases.
Apollo Green Energy is also executing 400 MW of solar installations and other EPC projects, with aspirations to diversify into wind energy, green hydrogen, and battery storage.
Author: PPD Team Date: November 26, 2024 National Grid Renewables has signed a power purchase agreement (PPA) with the Illinois Municipal Electric Agency (IMEA) for the 150 MW Bee Hollow solar project in St. Clair County, Illinois. Construction is slated to start in 2025, expanding the company’s solar capacity in Illinois to 350 MW, including the Prairie Wolf solar project in Coles County. The Bee Hollow project is expected to generate $34 million in economic…
Author: PPD Team Date: July 28, 2025 The Free Trade Agreement (FTA) signed between India and the United Kingdom on July 24 will allow Indian renewable energy manufacturers to export products such as solar modules and wind turbines to the UK at zero tariffs. The move is expected to create new export opportunities for Indian firms amid slowing demand in the United States. The UK has also committed to supporting India in clean energy areas…
Author: PPD Team Date: October 10, 2025 Loom Solar has commissioned 17.9 MW of solar capacity across Tamil Nadu, Madhya Pradesh, Uttarakhand, and Rajasthan. The company’s recent projects include an 8 MW plant in Tamil Nadu, a 5.3 MW plant in Madhya Pradesh, a 1.1 MW plant in Uttarakhand, and a 3.5 MW plant in Rajasthan. Loom Solar’s manufacturing portfolio supports this expansion, with a planned 1.2 GW PV module factory and 100 MW capacity…
Author: PPD Team Date: September 26, 2025 Maharashtra State Electricity Distribution Company Limited (MSEDCL) has introduced an online platform to approve requests for raising electricity load up to 157 kilowatts (kW) for industrial, commercial, domestic, and other low-voltage consumers. The system allows approvals to be completed within 24 to 48 hours after fee payment. Most cases do not require additional infrastructure, allowing for quicker activation. The platform enables consumers to request both increases and decreases…
Author: PPD Team Date: November 7, 2025 Global corporate funding in the energy storage sector fell 36% year-over-year to $11.2 billion across 85 deals in the first nine months of 2025, down from $17.6 billion in 2024, according to Mercom Capital Group. Venture capital (VC) investment rose slightly to $2.8 billion across 56 deals, led by $1.1 billion in funding for materials and components firms developing next-generation battery technologies. Other top-funded segments included energy storage…
Author: PPD Team Date: January 6, 2025 Greg Skinner, a private investor, has acquired a 50% share of Ethical Power Group from Hive Energy. As part of the deal, Skinner will provide an additional £15 million working capital loan to support the company’s continued growth. Skinner will also join the Ethical Power Group board. Ethical Power, founded in 2010, is a global renewable energy company that operates across Europe and New Zealand. The company employs…