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Pace Digitek secures 3 GWh LFP cell supply, expands BESS capacity
Pace Digitek Limited has announced two developments through its material subsidiary, Lineage Power Private Limited, aimed at strengthening its Battery Energy Storage System (BESS) business. The company has signed a long-term supply agreement for lithium iron phosphate (LFP) battery cells and reported progress in expanding its BESS manufacturing capacity to 10 GWh. Lineage Power has…
PSPCL seeks tighter checks on peak-hour power availability declarations
Punjab State Power Corporation Limited (PSPCL) has questioned whether the existing framework is sufficient to enforce compliance with the Central Electricity Regulatory Commission’s (CERC) October 5, 2025 suo-motu order on peak-hour power availability declarations. The issue came up during the latest meeting of the Northern Regional Power Committee’s (NRPC) Commercial Sub-Committee. After considering the matter,…
Planning application submitted for 2GW Caledonia offshore wind farm in Scotland
Ocean Winds has submitted a planning application to the Scottish government’s Marine Directorate for the 2GW Caledonia offshore wind farm in the outer Moray Firth. This milestone follows three years of extensive development work since the site was awarded through the ScotWind process in 2022. The Caledonia wind farm, located east of the operational Moray…
Inox Green to acquire Macquarie-owned renewable platform Vibrant Energy
Inox Green Energy Services Limited is set to acquire Vibrant Energy, the India-focused renewable energy platform owned by Macquarie Asset Management. The transaction is expected to value Vibrant Energy at an equity valuation of about Rs 17.9 billion. Sources said definitive agreements have been signed, with a formal announcement expected shortly. Vibrant Energy operates as…
Top EU economies spend 42 billion euros annually on fossil-fuel company car subsidies, study finds
The EU‘s five largest economies—Italy, Germany, France, Poland, and the United Kingdom—spend a combined 42 billion euros (USD 45.6 billion) annually subsidizing fossil-fuel company cars, according to a study by consultancy Environmental Resources Management (ERM), commissioned by environmental group Transport & Environment (T&E). The report urges the EU to redirect these subsidies towards electric vehicles…
KEPCO completes ±150 kV HVDC project connecting Wando and Jeju
Korea Electric Power Corporation (KEPCO) has completed the ±150 kV Wando–Dongjeju high voltage direct current (HVDC) project, enhancing the power supply to Jeju Island. The project, with a capacity of 200 MW, includes a 98-km undersea cable that increases the power transfer from the mainland to Jeju from 360 MW to 600 MW, raising the…
