EIB and Intesa Sanpaolo launch €8 billion wind sector initiative
Author: PPD Team Date: 16/10/2024
Author: PPD Team Date: 16/10/2024
The European Investment Bank (EIB) and Intesa Sanpaolo have launched an initiative to unlock €8 billion in wind sector investments, as part of EIB’s €5 billion wind energy plan unveiled at COP28. Supported by InvestEU, this will support 32 GW of wind capacity toward the EU’s 2030 renewable energy target of 45%.
EIB will provide a €500 million counter-guarantee, enabling Intesa Sanpaolo to establish €1 billion in guarantees for wind farm supply chains and grid interconnections. This is expected to attract additional investments.
Earlier in 2024, EIB and FirstRand Bank committed €400 million to South Africa’s renewable energy sector.
Author: PPD Team Date: 20/11/2024 HydrogenPro and J.H.K. have formed an exclusive partnership to drive green hydrogen projects in Germany, Austria, and the Benelux region. Under this agreement, HydrogenPro will supply advanced high-pressure alkaline electrolyser technology, while J.H.K. will act as the plant integrator and EPC contractor, managing project implementation and delivery. The partnership targets green hydrogen projects ranging from 5 to 50 MW, combining HydrogenPro’s expertise in electrolysis with J.H.K.’s experience in balance-of-plant integration…
Author: PPD Team Date: 30/04/2025 Kerala State Electricity Board (KSEB) is working to revive the long-stalled 163 MW Athirapally Hydro Electric Project in Thrissur district. The project, earlier held back due to environmental concerns, has now received environmental clearance. KSEB’s board of directors has approved a revised plan for the project. A viability study is currently underway to assess the implementation. The hydro project is located on the Chalakudy river basin and is expected to…
Author: PPD Team Date: 24/10/2024 India’s data centre capacity is projected to reach 2,000-2,100 MW by FY27, driven by investments between Rs 500 billion and Rs 550 billion, according to Investment Information and Credit Rating Agency (ICRA). The current capacity is 950 MW, with NTT Global Data Centers, CtrlS Datacenters, STT Global, Sify Technologies, and Nxtra Data controlling 85 per cent of the market as of March 2024. Low data tariffs, affordable smartphones, and technology…
Author: PPD Team Date: 20/02/2025 NTPC Limited aims to establish 30,000 MW of nuclear power capacity by 2032 and is seeking land in eight states. The company is also working on partnerships with foreign firms such as Électricité de France (EDF) (France), General Electric (GE) (US), and Holtec International (US) for small modular reactor (SMR) development. The nuclear projects are expected to require an investment of Rs 5,383.59 billion (USD 62 billion). Currently, state-run Nuclear…
Author: PPD Team Date: 03/07/2025 Toyota Tsusho India Private Limited (TTIPL) and CleanMax Enviro Energy Solutions Private Limited have signed an agreement to jointly develop a 300 MW renewable energy (RE) project in India. The agreement was signed on June 30, 2025. The project will be executed by a joint venture (JV) formed between TTIPL and CleanMax and is scheduled for commissioning by March 2028. The JV aims to offer customised RE solutions, including rooftop…
Author: PPD Team Date: 05/12/2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres. The expansion aims to boost manufacturing in electric and renewable energy equipment. The state Cabinet has also revised allotment processes and facilities for businesses in the industrial park. Additionally, the Cabinet approved road infrastructure projects worth Rs 23.1 billion to…
Author: PPD Team Date: 20/11/2024 HydrogenPro and J.H.K. have formed an exclusive partnership to drive green hydrogen projects in Germany, Austria, and the Benelux region. Under this agreement, HydrogenPro will supply advanced high-pressure alkaline electrolyser technology, while J.H.K. will act as the plant integrator and EPC contractor, managing project implementation and delivery. The partnership targets green hydrogen projects ranging from 5 to 50 MW, combining HydrogenPro’s expertise in electrolysis with J.H.K.’s experience in balance-of-plant integration…
Author: PPD Team Date: 30/04/2025 Kerala State Electricity Board (KSEB) is working to revive the long-stalled 163 MW Athirapally Hydro Electric Project in Thrissur district. The project, earlier held back due to environmental concerns, has now received environmental clearance. KSEB’s board of directors has approved a revised plan for the project. A viability study is currently underway to assess the implementation. The hydro project is located on the Chalakudy river basin and is expected to…
Author: PPD Team Date: 24/10/2024 India’s data centre capacity is projected to reach 2,000-2,100 MW by FY27, driven by investments between Rs 500 billion and Rs 550 billion, according to Investment Information and Credit Rating Agency (ICRA). The current capacity is 950 MW, with NTT Global Data Centers, CtrlS Datacenters, STT Global, Sify Technologies, and Nxtra Data controlling 85 per cent of the market as of March 2024. Low data tariffs, affordable smartphones, and technology…
Author: PPD Team Date: 20/02/2025 NTPC Limited aims to establish 30,000 MW of nuclear power capacity by 2032 and is seeking land in eight states. The company is also working on partnerships with foreign firms such as Électricité de France (EDF) (France), General Electric (GE) (US), and Holtec International (US) for small modular reactor (SMR) development. The nuclear projects are expected to require an investment of Rs 5,383.59 billion (USD 62 billion). Currently, state-run Nuclear…
Author: PPD Team Date: 03/07/2025 Toyota Tsusho India Private Limited (TTIPL) and CleanMax Enviro Energy Solutions Private Limited have signed an agreement to jointly develop a 300 MW renewable energy (RE) project in India. The agreement was signed on June 30, 2025. The project will be executed by a joint venture (JV) formed between TTIPL and CleanMax and is scheduled for commissioning by March 2028. The JV aims to offer customised RE solutions, including rooftop…
Author: PPD Team Date: 05/12/2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres. The expansion aims to boost manufacturing in electric and renewable energy equipment. The state Cabinet has also revised allotment processes and facilities for businesses in the industrial park. Additionally, the Cabinet approved road infrastructure projects worth Rs 23.1 billion to…
Author: PPD Team Date: 20/11/2024 HydrogenPro and J.H.K. have formed an exclusive partnership to drive green hydrogen projects in Germany, Austria, and the Benelux region. Under this agreement, HydrogenPro will supply advanced high-pressure alkaline electrolyser technology, while J.H.K. will act as the plant integrator and EPC contractor, managing project implementation and delivery. The partnership targets green hydrogen projects ranging from 5 to 50 MW, combining HydrogenPro’s expertise in electrolysis with J.H.K.’s experience in balance-of-plant integration…
Author: PPD Team Date: 30/04/2025 Kerala State Electricity Board (KSEB) is working to revive the long-stalled 163 MW Athirapally Hydro Electric Project in Thrissur district. The project, earlier held back due to environmental concerns, has now received environmental clearance. KSEB’s board of directors has approved a revised plan for the project. A viability study is currently underway to assess the implementation. The hydro project is located on the Chalakudy river basin and is expected to…