DTEK to invest €140 million in 200 MW energy storage systems across Ukraine
Author: PPD Team Date: 16/09/2024
Author: PPD Team Date: 16/09/2024
DTEK plans to establish a series of energy storage systems (ESS) across Ukraine, with a total capacity of 200 MW, aimed at enhancing the nation’s green and secure energy infrastructure. The project will involve a €140 million investment and is expected to be operational by September 2025. These ESS will provide ancillary services to Ukrenergo, the national Transmission System Operator.
In August 2024, DTEK won a competitive auction to supply automatic frequency restoration reserves to Ukrenergo. DTEK, a leading Ukrainian energy company, continues to innovate in the energy sector. In addition to its projects in Ukraine, it is also developing Poland’s large-scale electricity storage project, contributing to a unified pan-European energy system that integrates Ukraine with the EU.
Author: PPD Team Date: 09/06/2025 Oyster Renewable Energy has partnered with Jindal Stainless Limited to develop a 282 MW interstate transmission system (ISTS)-connected wind-solar hybrid project. The project will supply renewable power to Jindal Stainless’ manufacturing units. It will be built across two sites—Bhuj in Gujarat and Agar in Madhya Pradesh. The Bhuj site will host 99 MW of wind capacity, while the Agar site will have 82 MW of wind and 135 MWp of…
Author: PPD Team Date: 27/06/2025 Greenzo Energy India Limited has secured an order worth Rs 3.2 billion from Oswal Energies Limited. The deal is for supplying electrolysers and balance of plant (BoP) systems for a 20 MW green hydrogen project. The project will follow a build-operate-transfer model. This move supports India’s push to build its domestic green hydrogen capacity. Under the contract, Greenzo will provide its in-house developed electrolysers and integrated BoP systems. Oswal Energies…
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Author: PPD Team Date: 21/11/2024 The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India. The focus will be on solar, wind, and hybrid energy systems, aiming to play a significant role in the global energy transition. Sagar Adani, Executive Director of Adani Green Energy, revealed this initiative during a CEO panel discussion at the SBI Economic Conclave. He described it…
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Author: PPD Team Date: 28/10/2024 REC Limited has reported strong financial results for Q2 FY25, with a 17% rise in revenue from operations, reaching Rs 135.71 billion, compared to Rs 115.90 billion in the same quarter last year. Total income increased by 18% to Rs 266.33 billion, while net interest income saw a notable 25% jump, reaching Rs 97.23 billion. Net profit rose by 11% to Rs 74.88 billion from Rs 67.34 billion in Q2…
Author: PPD Team Date: 09/06/2025 Oyster Renewable Energy has partnered with Jindal Stainless Limited to develop a 282 MW interstate transmission system (ISTS)-connected wind-solar hybrid project. The project will supply renewable power to Jindal Stainless’ manufacturing units. It will be built across two sites—Bhuj in Gujarat and Agar in Madhya Pradesh. The Bhuj site will host 99 MW of wind capacity, while the Agar site will have 82 MW of wind and 135 MWp of…
Author: PPD Team Date: 27/06/2025 Greenzo Energy India Limited has secured an order worth Rs 3.2 billion from Oswal Energies Limited. The deal is for supplying electrolysers and balance of plant (BoP) systems for a 20 MW green hydrogen project. The project will follow a build-operate-transfer model. This move supports India’s push to build its domestic green hydrogen capacity. Under the contract, Greenzo will provide its in-house developed electrolysers and integrated BoP systems. Oswal Energies…
Author: PPD Team Date: 15/05/2025 Senvion India Private Limited has secured a contract from Continuum Green Energy (India) Private Limited for the supply of 100 wind turbine generators (WTGs), each with a capacity of 4.2 MW. The contract was awarded on May 15, 2025, for a total of 420 MW of wind power projects to be developed in India. The WTGs will be M160 models, equipped with Hybrid Lattice Tubular (HLT) towers. Supply is scheduled…
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Author: PPD Team Date: 28/10/2024 REC Power Development & Consultancy Ltd (RECPDCL) established a project special purpose vehicle (SPV) named “Ratle Kiru Power Transmission Ltd” on October 23, 2024, as a wholly-owned subsidiary. This SPV will develop the ISTS scheme titled “Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A” in Jammu & Kashmir. The scheme, estimated to cost Rs 12.14 billion with a gestation period of…
Author: PPD Team Date: 28/10/2024 REC Limited has reported strong financial results for Q2 FY25, with a 17% rise in revenue from operations, reaching Rs 135.71 billion, compared to Rs 115.90 billion in the same quarter last year. Total income increased by 18% to Rs 266.33 billion, while net interest income saw a notable 25% jump, reaching Rs 97.23 billion. Net profit rose by 11% to Rs 74.88 billion from Rs 67.34 billion in Q2…
Author: PPD Team Date: 09/06/2025 Oyster Renewable Energy has partnered with Jindal Stainless Limited to develop a 282 MW interstate transmission system (ISTS)-connected wind-solar hybrid project. The project will supply renewable power to Jindal Stainless’ manufacturing units. It will be built across two sites—Bhuj in Gujarat and Agar in Madhya Pradesh. The Bhuj site will host 99 MW of wind capacity, while the Agar site will have 82 MW of wind and 135 MWp of…
Author: PPD Team Date: 27/06/2025 Greenzo Energy India Limited has secured an order worth Rs 3.2 billion from Oswal Energies Limited. The deal is for supplying electrolysers and balance of plant (BoP) systems for a 20 MW green hydrogen project. The project will follow a build-operate-transfer model. This move supports India’s push to build its domestic green hydrogen capacity. Under the contract, Greenzo will provide its in-house developed electrolysers and integrated BoP systems. Oswal Energies…