Author: PPD Team Date: December 11, 2024
Avaada Group has pledged an investment of Rs 1 trillion to transform Rajasthan into the world’s largest renewable energy hub.
This initiative aims to drive green manufacturing, create millions of jobs, and contribute to the state’s economic empowerment.
Author: PPD Team Date: December 11, 2024 The European Commission (EC) has approved a €2.6 billion ($2.7 billion) scheme to support Estonia’s offshore wind energy sector, advancing the country’s goal of achieving net-zero emissions. This initiative, aligned with the Estonian Maritime Spatial Plan, will fund the construction and operation of offshore wind farms through a competitive bidding process. The scheme, part of the State Aid Temporary Crisis and Transition Framework (TCTF), is open until December…
Author: PPD Team Date: January 28, 2026 The Madhya Pradesh government is in the process of finalising agreements for setting up 4,000 MW of new thermal power capacity in Anuppur district. The projects involve an estimated investment of around Rs 60,000 crore, with power generation expected to begin from 2030. The agreements follow the state government’s approval to procure 4,000 MW of electricity from new thermal power projects. Madhya Pradesh Power Management Company Limited (MPPMCL)…
Author: PPD Team Date: October 30, 2024 QatarEnergy has partnered with TotalEnergies to develop a 1.25 GW (peak) solar photovoltaic (PV) project in Iraq’s Basra region. Awaiting regulatory approvals, QatarEnergy and TotalEnergies will each hold a 50% stake in the solar facility, which ranks among the world’s largest solar projects. Equipped with two million bifacial solar panels and single-axis trackers, the project is set to provide clean energy to Iraq’s local electricity grid, powering approximately…
Author: PPD Team Date: November 26, 2025 The Asian Development Bank has cleared a $470 million results based loan for Indonesia’s state utility PLN under the Accelerating Indonesia’s Clean Energy Transition Program. The plan supports new renewable capacity, grid upgrades and institutional strengthening. Aslan Energy Capital has also confirmed a separate $2.3 billion investment for a green energy hub in Karimun. The ADB program will speed up the rollout of utility scale solar and wind…
Author: PPD Team Date: May 28, 2025 The Government of Maharashtra has released the Maharashtra Electric Vehicle Policy 2025. The policy takes effect from April 1, 2025, and will be implemented till March 31, 2030. It replaces the earlier 2021 policy, which expired in March 2025. The state has set a target to achieve 30% electric vehicle (EV) penetration across all new vehicle registrations by 2030. More aggressive targets have been set for specific segments—40%…
Author: PPD Team Date: February 9, 2026 On February 6, 2026, ACME Solar disclosed that it had secured a 301 MW/1,204 MWh assured peak supply project in an e-reverse auction conducted by the Solar Energy Corporation of India under its Firm and Dispatchable Renewable Energy Phase VII (FDRE-VII) tender. The company said the award increases its total contracted portfolio to 8,071 MW spanning solar, wind, storage, hybrid, firm and dispatchable renewable energy (FDRE), and round-the-clock…