EU launches Citizen Energy Advisory Hub
Author: PPD Team Date: 23/06/2025
Author: PPD Team Date: 23/06/2025
The European Commission has launched the Citizen Energy Advisory Hub (CEAH), a 3-year initiative to support citizen-led energy projects across the EU. It aims to help individuals, communities, municipalities, NGOs, and small businesses lower energy costs by using renewable energy and managing demand.
CEAH will provide technical assistance to 120 citizens or local actors to help plan or scale up sustainable energy projects. It will also offer resources, build capacity, promote local dialogues, and create networking opportunities.
The initiative aligns with EU climate targets for 2030 and net-zero goals for 2050, and supports the Affordable Energy Action Plan and upcoming Citizens Energy Package.
Author: PPD Team Date: 17/01/2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This marks the…
Author: PPD Team Date: 30/01/2025 The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices….
Author: PPD Team Date: 03/02/2025 Kalpataru Projects International Limited has received a Letter of Award (LoA) worth Rs 6.55 billion for composite Package-C7 in West Bengal. The contract covers the design, engineering, construction, supply, erection, stringing, testing, and commissioning of three power infrastructure projects. West Bengal State Electricity Transmission Company Limited (WBSETCL) invited bids in March 2024. The scope includes: Project 1: A 400/220/33 kV gas-insulated (GI) substation at Bengal Aerotropolis Projects Ltd (BAPL), a…
Author: PPD Team Date: 30/01/2025 ACME Solar has reported strong financial growth for the third quarter of FY 2024-25, ending on December 31, 2024. The company’s profit after tax (PAT) surged by 152% year-on-year, reaching Rs 1.12 billion, with a PAT margin of 28%. Total revenue for the quarter stood at Rs 4.01 billion, reflecting a 9.9% year-on-year increase and a 35.8% quarter-on-quarter growth. Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 15.7%,…
Author: PPD Team Date: 09/07/2025 The Government of Maharashtra has signed a Memorandum of Understanding (MoU) with Shree Tatyasaheb Kore Warana Sahakari Navashakti Nirman Sanstha Limited (STKWNSL) to develop a 240 MW pumped storage project at Tillari Dam in Sindhudurg district. The project will be implemented at an estimated cost of Rs 10.08 billion. The agreement was signed on July 3, 2025. The cooperative is focused on hydropower development. Its portfolio includes six small hydroelectric…
Author: PPD Team Date: 26/05/2025 NHPC Limited reported a standalone net profit of Rs 34.12 billion in 2024-25, down 14.68% from Rs 39.99 billion in the previous year. The decline was partly due to one-time provisions and arbitration-related expenses. Total income rose 6.69% to Rs 117.29 billion, up from Rs 109.94 billion in 2023-24. Revenue from operations stood at Rs 89.94 billion. For Q4 FY25, NHPC posted a net profit of Rs 8.94 billion. Total…
Author: PPD Team Date: 17/01/2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This marks the…
Author: PPD Team Date: 30/01/2025 The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices….
Author: PPD Team Date: 03/02/2025 Kalpataru Projects International Limited has received a Letter of Award (LoA) worth Rs 6.55 billion for composite Package-C7 in West Bengal. The contract covers the design, engineering, construction, supply, erection, stringing, testing, and commissioning of three power infrastructure projects. West Bengal State Electricity Transmission Company Limited (WBSETCL) invited bids in March 2024. The scope includes: Project 1: A 400/220/33 kV gas-insulated (GI) substation at Bengal Aerotropolis Projects Ltd (BAPL), a…
Author: PPD Team Date: 30/01/2025 ACME Solar has reported strong financial growth for the third quarter of FY 2024-25, ending on December 31, 2024. The company’s profit after tax (PAT) surged by 152% year-on-year, reaching Rs 1.12 billion, with a PAT margin of 28%. Total revenue for the quarter stood at Rs 4.01 billion, reflecting a 9.9% year-on-year increase and a 35.8% quarter-on-quarter growth. Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 15.7%,…
Author: PPD Team Date: 09/07/2025 The Government of Maharashtra has signed a Memorandum of Understanding (MoU) with Shree Tatyasaheb Kore Warana Sahakari Navashakti Nirman Sanstha Limited (STKWNSL) to develop a 240 MW pumped storage project at Tillari Dam in Sindhudurg district. The project will be implemented at an estimated cost of Rs 10.08 billion. The agreement was signed on July 3, 2025. The cooperative is focused on hydropower development. Its portfolio includes six small hydroelectric…
Author: PPD Team Date: 26/05/2025 NHPC Limited reported a standalone net profit of Rs 34.12 billion in 2024-25, down 14.68% from Rs 39.99 billion in the previous year. The decline was partly due to one-time provisions and arbitration-related expenses. Total income rose 6.69% to Rs 117.29 billion, up from Rs 109.94 billion in 2023-24. Revenue from operations stood at Rs 89.94 billion. For Q4 FY25, NHPC posted a net profit of Rs 8.94 billion. Total…
Author: PPD Team Date: 17/01/2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This marks the…
Author: PPD Team Date: 30/01/2025 The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices….