Author: PPD Team Date: 09/12/2024
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PEKB coal mine becomes Chhattisgarh’s first to run entirely on solar power
Author: PPD Team Date: 19/06/2025 The Parsa East and Kanta Basan (PEKB) coal mine in Surguja, Chhattisgarh, has become the first coal mine in the state — and among the first in India — to achieve full energy self-sufficiency using solar power. Operated by Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), the mine now relies entirely on solar energy for its internal operations. A 9 MW solar power plant, developed by Mundra Solar Limited, a…
Hyundai Motor partners with FPEL for two RE projects in Tamil Nadu
Author: PPD Team Date: 22/11/2024 Hyundai Motor India Limited (HMIL) has signed an agreement with Fourth Partner Energy Limited (FPEL) to establish a 75 MW Solar Plant and a 43 MW Wind Power Plant in Tamil Nadu. HMIL has a target for RE100 to transition to 100% renewable electricity across its operations by 2025, it currently sources 63% of its energy from renewables. The project involves an investment of Rs 380 million and will operate…
Avaada Group to develop 1.2 GW pumped storage project in Rajasthan
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Convergent Energy secures loan for solar and BESS projects in Puerto Rico
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Insolation Energy secures Rs 714 million order for solar PV modules
Author: PPD Team Date: 13/11/2024 Insolation Energy Ltd., via its wholly-owned subsidiary Insolation Green Energy Private Limited, has received a Rs 714 million purchase order from ACME Cleantech Solutions Private Limited. The order is for the supply of solar PV modules. Recently, Insolation Energy won a contract valued at Rs 5 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to install 77 MW of rooftop solar power systems across Rajasthan.
Avaada Group secures Rs 85 billion financing for nine RE projects
Author: PPD Team Date: 23/01/2025 Avaada Group has completed Rs 85 billion in financing and refinancing for nine projects across various sectors, including utility-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, merchant power generation projects, commercial and industrial (C&I) solar projects, and solar module manufacturing facilities. The financing was secured through multiple transactions with a range of lenders, including public-sector banks like the State Bank of India and Union Bank, as well as financial…
PEKB coal mine becomes Chhattisgarh’s first to run entirely on solar power
Author: PPD Team Date: 19/06/2025 The Parsa East and Kanta Basan (PEKB) coal mine in Surguja, Chhattisgarh, has become the first coal mine in the state — and among the first in India — to achieve full energy self-sufficiency using solar power. Operated by Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), the mine now relies entirely on solar energy for its internal operations. A 9 MW solar power plant, developed by Mundra Solar Limited, a…
Hyundai Motor partners with FPEL for two RE projects in Tamil Nadu
Author: PPD Team Date: 22/11/2024 Hyundai Motor India Limited (HMIL) has signed an agreement with Fourth Partner Energy Limited (FPEL) to establish a 75 MW Solar Plant and a 43 MW Wind Power Plant in Tamil Nadu. HMIL has a target for RE100 to transition to 100% renewable electricity across its operations by 2025, it currently sources 63% of its energy from renewables. The project involves an investment of Rs 380 million and will operate…
Avaada Group to develop 1.2 GW pumped storage project in Rajasthan
Author: PPD Team Date: 25/11/2024 Avaada Aqua Batteries, a subsidiary of Avaada Group, has signed a Memorandum of Understanding (MoU) with the Rajasthan government to establish a 1.2 GW pumped storage project (PSP) in the Sirohi district. With a budget of Rs 58 billion, the project is expected to be completed within five to seven years. It aims to provide Round the Clock with renewable energy and enhance grid stability by integrating solar and wind…
Convergent Energy secures loan for solar and BESS projects in Puerto Rico
Author: PPD Team Date: 21/01/2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico. The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and a 55MW/55MWh…
Insolation Energy secures Rs 714 million order for solar PV modules
Author: PPD Team Date: 13/11/2024 Insolation Energy Ltd., via its wholly-owned subsidiary Insolation Green Energy Private Limited, has received a Rs 714 million purchase order from ACME Cleantech Solutions Private Limited. The order is for the supply of solar PV modules. Recently, Insolation Energy won a contract valued at Rs 5 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to install 77 MW of rooftop solar power systems across Rajasthan.
Avaada Group secures Rs 85 billion financing for nine RE projects
Author: PPD Team Date: 23/01/2025 Avaada Group has completed Rs 85 billion in financing and refinancing for nine projects across various sectors, including utility-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, merchant power generation projects, commercial and industrial (C&I) solar projects, and solar module manufacturing facilities. The financing was secured through multiple transactions with a range of lenders, including public-sector banks like the State Bank of India and Union Bank, as well as financial…
PEKB coal mine becomes Chhattisgarh’s first to run entirely on solar power
Author: PPD Team Date: 19/06/2025 The Parsa East and Kanta Basan (PEKB) coal mine in Surguja, Chhattisgarh, has become the first coal mine in the state — and among the first in India — to achieve full energy self-sufficiency using solar power. Operated by Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL), the mine now relies entirely on solar energy for its internal operations. A 9 MW solar power plant, developed by Mundra Solar Limited, a…
Hyundai Motor partners with FPEL for two RE projects in Tamil Nadu
Author: PPD Team Date: 22/11/2024 Hyundai Motor India Limited (HMIL) has signed an agreement with Fourth Partner Energy Limited (FPEL) to establish a 75 MW Solar Plant and a 43 MW Wind Power Plant in Tamil Nadu. HMIL has a target for RE100 to transition to 100% renewable electricity across its operations by 2025, it currently sources 63% of its energy from renewables. The project involves an investment of Rs 380 million and will operate…