Author: PPD Team Date: 06/12/2024
DMR Hydroengineering & Infrastructures Limited, in partnership with Fitchner GmbH & Co. KG, Germany, has been empanelled by THDC India Limited (THDCIL) as a consultant for the preparation of Detailed Project Reports (DPR) for THDCIL’s upcoming pumped storage projects across various states in India.
This empanelment was confirmed through a letter dated December 4, 2024.
Author: PPD Team Date: 28/10/2024 JSW Energy reported a consolidated net profit of Rs 8.53 billion for the quarter ended September 2024 (Q2 FY 2025), slightly up from Rs 8.5 billion in the same period last year. The company’s total revenue for Q2 FY 2025 reached Rs 34.59 billion, marking a 2% year-on-year increase. Net generation for the quarter rose by 14% YoY to 9.8 billion units, driven by wind capacity additions and higher generation…
Author: PPD Team Date: 10/03/2025 Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to develop up to 7,000 MW of renewable energy projects. Under this partnership, TPREL and the Andhra Pradesh government will explore solar, wind, and hybrid projects, with or without storage solutions. The agreement, signed in Amaravati, involves an estimated Rs 490 billion investment, making…
Author: PPD Team Date: 06/11/2024 Primergy Solar has secured $225 million in project financing for its Valley of Fire (VoF) renewable energy portfolio across Nevada, Colorado, and Arizona. This financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank to support additional VoF developments. The VoF portfolio comprises the recently commissioned Gemini Solar + Storage project and five other ventures, collectively…
Author: PPD Team Date: 21/09/2024 The Solar Energy Corporation of India (SECI), under the Ministry of New and Renewable Energy (MNRE), has issued a tender for the development of a 500 MW offshore wind project in the Gulf of Khambhat, Gujarat. Bids are due by 12 December, with pre-bid meetings scheduled for 22 October. The project has a completion deadline of 48 months. The selected developer will build, own, and operate the wind farm, entering…
Author: PPD Team Date: 12/02/2025 Juniper Green Energy Limited has secured Rs 86.82 billion in phased debt financing to develop renewable energy (RE) projects in India, including wind-solar hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The financing has been arranged from multiple institutions, including Power Finance Corporation Limited (PFC), DBS Bank, Hongkong and Shanghai Banking Corporation (HSBC), and the Indian Renewable Energy Development Agency Limited (IREDA). This financing will enhance the company’s operational…
Author: PPD Team Date: 06/11/2024 EDF Renewables has secured a 20-year Energy Storage Power Purchase Agreement (PPA) with Arizona Public Service (APS) for the Beehive Battery Energy Storage System (BESS) in Peoria, Arizona. This 250 MW, four-hour duration stand-alone battery system, totalling 1,000 MWh, will start construction in 2025 and is set for commercial operation by 2026. Beehive BESS, equipped with lithium-ion batteries, inverters, transformers, and a substation, will store renewable energy to meet peak…