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: 30/10/2024 Mitsubishi Electric Power Products (MEPP) and Mitsubishi Electric Corporation have announced an $86 million investment in the US to expand switchgear production and power electronics capabilities. MEPP plans to construct a 160,000-square-foot advanced switchgear facility in Western Pennsylvania, its first new manufacturing site in over a decade. The facility will initially produce vacuum and gas circuit breakers, with a focus on vacuum circuit breakers as production scales. Once fully operational,…
Author: PPD Team Date: 14/11/2024 Ormat Technologies has signed a $200 million engineering, procurement, and construction (EPC) contract with Contact Energy for the development of the 101 MW Te Mihi Stage 2 geothermal power plant in New Zealand. Scheduled for completion by mid-2027, this project will contribute to New Zealand’s renewable energy goals by gradually replacing the 1950s-built Wairakei geothermal power station. Te Mihi Stage 2 marks Ormat’s fourth major project in New Zealand, leveraging…
Author: PPD Team Date: 24/12/2024 The Low Carbon Contracts Company (LCCC) has signed three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1), part of the UK government’s Hydrogen Production Business Model. These initial agreements include the Cromarty, Whitelee, and West Wales projects, with a combined capacity of 31.8 megawatts (MW). The Hydrogen Production Business Model offers long-term revenue support to hydrogen producers, reducing investment risks and fostering the hydrogen economy. It builds on the…
Author: PPD Team Date: 23/01/2025 Mitsubishi Power, part of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand. The plant, a joint venture between RATCH Group and Gulf Energy Development, features two advanced M701JAC gas turbines. The second turbine began commercial operations 100km west of Bangkok, following the first turbine’s operational start in March 2024. Mitsubishi Power will continue supporting the plant under a…
Author: PPD Team Date: 28/10/2024 French asset management firm Mirova has committed €480 million ($518 million) to RP Global, an independent power producer (IPP), to advance its 2.5 GW pipeline of clean energy projects across Europe. The investment is split between the Mirova Energy Transition 6 (MET6) fund, providing €200 million, and an additional €280 million from a co-investment vehicle managed by Mirova. This partnership makes MET6 a significant minority shareholder in RP Global. Anne-Laure…
Author: PPD Team Date: 02/12/2024 INOX Air Products (INOXAP) has commenced the supply of electronic and speciality gases to ReNew’s first solar photovoltaic (PV) cell manufacturing facility in Dholera, Gujarat. Under a long-term agreement, INOXAP provides critical gases such as nitrous oxide, ammonia, and silane through a logistics system comprising ISO containers and tube trailers owned by INOXAP. The partnership includes a comprehensive gas management solution to ensure reliable distribution and onsite handling, adhering to…