GE Vernova secures 140 MW wind turbine order in Romania
Author: PPD Team Date: September 12, 2024
Author: PPD Team Date: September 12, 2024
GE Vernova has secured a 140 MW wind turbine order in Romania from Public Power Corporation Renewables (PPCR). The company will supply, install, and commission 23 turbines, each with a 6.1MW capacity, for a wind project in Vaslui County. The agreement, finalized in Q2 2024, strengthens GE Vernova’s role in the European Union’s energy transition, where it has a long history of installing wind turbines.
Initial turbine deliveries are planned for the first half of 2025, with the wind farm expected to be fully operational by the end of that year.
This order follows GE Vernova’s recent memorandum of understanding (MoU) with Ukraine’s DTEK Group, aimed at developing wind power projects and upgrading grid infrastructure in Ukraine and the European Union.
Author: PPD Team Date: November 8, 2024 Power Grid Corporation of India Ltd (PGCIL) has finalized the acquisition of two interstate transmission system (ISTS) projects awarded through a tariff-based competitive bidding process. These projects were transferred from bid process coordinator PFC Consulting Ltd (PFCCL) on November 7, 2024. The projects will operate under the build, own, operate, and transfer model. The first project, Barmer I Transmission Ltd, is a transmission system intended for power evacuation…
Author: PPD Team Date: November 21, 2024 NTPC has outlined an ambitious plan to invest Rs 5 trillion in green energy by 2030, led by its renewable energy subsidiary, NTPC Green Energy Ltd. (NGEL). To support its projects, NGEL is set to launch an initial public offering (IPO) worth Rs 100 billion, focusing on renewable energy generation, green hydrogen, sustainable fuels, and energy storage. The company aims to add 60 GW of renewable energy capacity…
Author: PPD Team Date: January 6, 2025 Union Home Minister and Minister of Cooperation, Shri Amit Shah, chaired the 7th meeting of the Island Development Agency (IDA) in New Delhi. The meeting focused on the progress of development initiatives in the Andaman and Nicobar Islands and Lakshadweep. Shri Shah emphasized the importance of solar and wind energy projects in the islands, aiming for 100% renewable energy generation. He directed the Ministry of New and Renewable…
Author: PPD Team Date: January 29, 2025 Chevron USA and Engine No.1 have joined forces to create a new company for developing natural gas-fired power plants to support US-based AI data centres, in collaboration with GE Vernova. This initiative addresses the increasing demand for affordable and reliable energy essential for AI development in the US. The project aims to deliver up to 4GW of power by 2027, with the potential for future growth. The first…
Author: PPD Team Date: March 3, 2025 Adani Renewable Energy Holding Nine Limited (AREH9L), a subsidiary of the Adani Group, has signed a share subscription and shareholders’ agreement (SSSHA) with Adani Renewables Energy Three Limited and DC Development Noida Limited to facilitate a captive power arrangement. As part of the agreement, DC Development Noida Limited will acquire a 26 per cent stake in Adani Renewables Energy Three Limited to meet the minimum captive shareholding requirement…
Author: PPD Team Date: October 17, 2024 The Central Electricity Authority (CEA) concluded its two-day Brainstorming Conclave on the ‘Indian Power Sector Scenario 2047’ in New Delhi on October 14-15, 2024. The event, attended by over 1,500 delegates, featured discussions on expanding hydropower, integrating energy storage systems, modernizing distribution networks, and fostering cross-border energy cooperation. Key dignitaries, including Union Power Minister Manohar Lal, emphasized India’s strategy to meet growing energy needs while transitioning to cleaner…