Author: PPD Team Date: 24/10/2024
Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited.
Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.
Author: PPD Team Date: 16/01/2025 Adani Green Energy Limited (AGEL) has started commercial operations of a 57.2 MW wind power project under the 9,500 MW Khavda Wind-Solar Hybrid Power Park Project in the Rann of Kutch district, Gujarat, as of January 15, 2025. The project is part of the larger 30,000 MW solar, wind, and hybrid power park development in Khavda, Kutch. Sarjan Realities (Suzlon) will develop 4,750 MW; Gujarat Industries Power Company Limited (GIPCL),…
Author: PPD Team Date: 28/03/2025 US-based Type One Energy has released the physics design basis for its Infinity Two stellarator fusion power plant, marking a critical step in advancing fusion energy. The published design, the first of its kind, outlines the operational parameters necessary for a practical fusion pilot plant and provides a foundation for external review and collaboration within the global fusion research community. Infinity Two is being developed for the Tennessee Valley Authority…
Author: PPD Team Date: 17/06/2025 Amara Raja Infra Private Limited has secured a contract for the 765 kV AIS Substation Extension Package SS-140. The scope includes work under the Transmission System for Offshore Wind Zone Phase-1 (500 MW VGF) off the Gujarat coast for Subzone B3 and the Additional Transmission System to provide a redundant power supply to the Dholera area. Power Grid Corporation of India Limited (PGCIL) had invited bids for this package in…
Author: PPD Team Date: 04/02/2025 GAIL India Limited has raised its startup investment fund from Rs 1 billion to Rs 5 billion to support emerging enterprises in clean energy, renewables, energy storage, electric mobility, and digital transformation. This initiative aims to provide enhanced financial and strategic support to entrepreneurs, fostering innovation and sustainability in India’s energy and technology sectors. Currently, GAIL holds a renewable energy portfolio of 132 MW, with 118 MW in wind and…
Author: PPD Team Date: 06/11/2024 Apollo Green Energy is set to establish a 500 MW solar module plant within the next two to three years, aligning with India’s target to reach 500 GW of renewable capacity by 2030, up from the current 154 GW. The company, specializing in renewable projects, has an order book of Rs 35 billion (USD 416 million) and aims to expand it to Rs 100 billion within this financial year. The…
Author: PPD Team Date: 17/01/2025 The UK government has unveiled a £410 million ($501.1 million) investment to advance fusion energy development. The funding will support the construction of a fusion power plant at the site of a former coal facility in Nottinghamshire, as part of the government’s Plan for Change initiative to drive economic growth and position the UK as a leader in fusion energy. The investment will accelerate progress in the fusion energy sector…