Author: PPD Team Date: 29/10/2024
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Rajasthan unveils RIPS to boost renewable energy investments
Author: PPD Team Date: 28/10/2024 The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy. Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy…
EAC recommends environmental clearance for Raipur and Anuppur thermal projects
Author: PPD Team Date: 29/10/2024 The Expert Appraisal Committee (EAC) under India’s Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) and Terms of Reference (ToR) for two ultra super-critical thermal power projects by Adani Power Limited (APL): the 1,600 MW Raipur (Raikheda) Thermal Expansion Project and the 3,200 MW Anuppur Thermal Power Plant. 1,600 MW Raipur (Raikheda) Ultra Super-Critical Expansion:This expansion project will add 1,600 MW (2×800 MW) to the…
Rajasthan signs agreement with BrightKnight for wind-solar hybrid projects
Author: PPD Team Date: 11/12/2024 The Government of Rajasthan (GoR) has signed an agreement with BrightKnight to establish wind-solar hybrid power projects in the state. As part of the agreement, BrightKnight has committed to investing Rs 150 billion to set up over 2,000 MW of wind-solar hybrid capacity in Rajasthan.
Convergent Energy secures loan for solar and BESS projects in Puerto Rico
Author: PPD Team Date: 21/01/2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico. The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and a 55MW/55MWh…
BrightNight commissions first phase of 115 MW hybrid project in Maharashtra
Author: PPD Team Date: 15/01/2025 BrightNight has announced the commissioning of the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project located in Dharashiv, southern Maharashtra. The project is one of the first co-located wind-solar projects in the state, marking the company’s entry into the Indian power grid. Optima Maharashtra integrates advanced wind and solar technologies powered by BrightNight’s proprietary AI-enabled PowerAlpha platform, maximizing energy output with minimal environmental impact. The project…
MSPGCL commissions 660 MW Unit VI at Bhusawal power plant
Author: PPD Team Date: 11/03/2025 Maharashtra State Power Generation Company Limited (MSPGCL) has operationalized the 660 MW Unit VI at the Bhusawal Thermal Power Plant in Jalgaon district. The expansion project was developed at an investment of Rs 63.5 billion. The new unit replaces the 62.5 MW Unit I, which was retired in December 2010. The engineering, procurement, and construction (EPC) contract for Unit VI was awarded to Bharat Heavy Electricals Limited (BHEL). Unit VI…