Author: PPD Team Date: 27/12/2024
Avaada Energy Private Limited plans to raise Rs 84 billion (USD 1 billion) in debt by March 2025 to fund its wind, solar, and other renewable projects.
Equity for these projects has already been secured.
The company also intends to develop pumped storage projects (PSPs) in Rajasthan and Odisha.
Author: PPD Team Date: 11/11/2024 EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy. Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s…
Author: PPD Team Date: 22/11/2024 Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024. Axpo’s solar division, through its subsidiary Urbasolar, secured 124 MWp across 20 projects in nine French regions. These projects include ground-mounted, agricultural photovoltaic (PV), and floating PV installations. With this award, Axpo’s cumulative solar capacity from CRE tenders has…
Author: PPD Team Date: 21/01/2025 Vena Energy and LINE Yahoo Corporation (LYC) have signed a virtual power purchase agreement (VPPA) for the 72 MW Maniwa Solar Project, which will be built on a repurposed golf course in Maniwa City, Okayama Prefecture. The project is expected to be operational by 2026. The clean energy generated will be traded on the Japan Electric Power Exchange (JEPX) via Digital Grid Corporation, enabling LYC to power part of its…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 21/05/2025 A delegation from KfW Development Bank recently reviewed transmission projects executed by Madhya Pradesh Power Transmission Corporation Ltd (MPPTCL) under the Green Energy Corridor – Phase I (GEC-I). As per MPPTCL’s release, these projects were completed ahead of schedule and are now operational. The GEC-I scheme, funded by KfW, includes intrastate transmission systems aimed at renewable energy evacuation. It is monitored by the Prime Minister’s Office (PMO). Walter Klotz, a…
Author: PPD Team Date: 19/05/2025 The Government of Singapore has announced a $500 million investment under its FAST-P (Financing Asia’s Transition Partnership) program to support clean energy deployment and industrial decarbonisation across Asia. Launched in 2023, FAST-P aims to lower investment risks in energy transition projects by providing catalytic capital that matches private sector funds on a 1:1 basis. The goal is to mobilise a total of $5 billion using blended finance. The funding will…
Author: PPD Team Date: 11/11/2024 EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy. Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s…
Author: PPD Team Date: 22/11/2024 Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024. Axpo’s solar division, through its subsidiary Urbasolar, secured 124 MWp across 20 projects in nine French regions. These projects include ground-mounted, agricultural photovoltaic (PV), and floating PV installations. With this award, Axpo’s cumulative solar capacity from CRE tenders has…
Author: PPD Team Date: 21/01/2025 Vena Energy and LINE Yahoo Corporation (LYC) have signed a virtual power purchase agreement (VPPA) for the 72 MW Maniwa Solar Project, which will be built on a repurposed golf course in Maniwa City, Okayama Prefecture. The project is expected to be operational by 2026. The clean energy generated will be traded on the Japan Electric Power Exchange (JEPX) via Digital Grid Corporation, enabling LYC to power part of its…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 21/05/2025 A delegation from KfW Development Bank recently reviewed transmission projects executed by Madhya Pradesh Power Transmission Corporation Ltd (MPPTCL) under the Green Energy Corridor – Phase I (GEC-I). As per MPPTCL’s release, these projects were completed ahead of schedule and are now operational. The GEC-I scheme, funded by KfW, includes intrastate transmission systems aimed at renewable energy evacuation. It is monitored by the Prime Minister’s Office (PMO). Walter Klotz, a…
Author: PPD Team Date: 19/05/2025 The Government of Singapore has announced a $500 million investment under its FAST-P (Financing Asia’s Transition Partnership) program to support clean energy deployment and industrial decarbonisation across Asia. Launched in 2023, FAST-P aims to lower investment risks in energy transition projects by providing catalytic capital that matches private sector funds on a 1:1 basis. The goal is to mobilise a total of $5 billion using blended finance. The funding will…
Author: PPD Team Date: 11/11/2024 EKI Energy Services Limited (EKI) has registered Azerbaijan’s first voluntary carbon market project powered by solar energy, marking a significant step toward sustainable energy in the Caucasus and Central Asia. This project, launched ahead of COP29, aims to reduce greenhouse gas emissions by harnessing renewable energy. Located across the Baku and Absheron districts, the solar project has an installed capacity of 230 MW (AC). By supplying clean energy to Azerbaijan’s…
Author: PPD Team Date: 22/11/2024 Axpo has been awarded a combined capacity of 163 MW in public tenders for solar and wind energy organized by the French Energy Regulatory Commission (CRE), as announced in November 2024. Axpo’s solar division, through its subsidiary Urbasolar, secured 124 MWp across 20 projects in nine French regions. These projects include ground-mounted, agricultural photovoltaic (PV), and floating PV installations. With this award, Axpo’s cumulative solar capacity from CRE tenders has…