Author: PPD Team Date: December 19, 2024
Gensol Engineering Limited has won an EPC contract worth Rs 880 million from a steel products company to develop 22 MW solar photovoltaic (PV) power projects in Punjab.
The contract was awarded on December 18, 2024 and is scheduled for completion within six months.
Author: PPD Team Date: January 3, 2025 ACWA Power, in partnership with HAU Energy, has achieved financial close for the 1.1GW Suez wind farm in Egypt’s Gulf of Suez region. The financing includes a $703.6m senior debt facility from a consortium of international banks and financial institutions, with the European Bank for Reconstruction and Development leading the deal. The $1.2bn project aims to support Egypt’s goal of sourcing 42% of its electricity from renewable energy…
Author: PPD Team Date: November 26, 2024 National Grid Renewables has signed a power purchase agreement (PPA) with the Illinois Municipal Electric Agency (IMEA) for the 150 MW Bee Hollow solar project in St. Clair County, Illinois. Construction is slated to start in 2025, expanding the company’s solar capacity in Illinois to 350 MW, including the Prairie Wolf solar project in Coles County. The Bee Hollow project is expected to generate $34 million in economic…
Author: PPD Team Date: January 30, 2025 The Union Ministry of New and Renewable Energy (MNRE) has notified the Solar Systems, Devices, and Components Goods Order, 2025, revising and superseding the Solar Photovoltaics, Systems, Devices, and Components Goods (Requirements for Compulsory Registration) Order, 2017. The new order, published in the Gazette of India on January 27, 2025, under the Bureau of Indian Standards (BIS) Act, 2016, will come into effect 180 days from the publication…
Author: PPD Team Date: December 29, 2025 Rail Energy Management Company Limited (REMCL) has awarded a long term Operations and Maintenance (O&M) contract to POWERCON for its 26 MW wind power project in Rajasthan, marking the transition of the project into its next operational phase. The wind project comprises 13 Wind Turbine Generators (WTGs) of Inox Wind, each with a capacity of 2 MW. The turbines have completed their initial 10 year O&M tenure under…
Author: PPD Team Date: November 17, 2025 Mitsubishi Heavy Industries and Electric Power Development Company have begun formal discussions on the transfer of MHI’s domestic onshore wind power business to J-POWER. Both companies plan to sign a definitive agreement after settling the conditions for the transaction. They aim to complete the transfer by April 1, 2026. MHI has built large wind turbines for more than forty years. It has supplied more than 4,200 turbines across…
Author: PPD Team Date: December 2, 2024 NHPC Limited has signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) to collaborate on advancing clean energy solutions, including agrivoltaics, green hydrogen, and sustainable financing. The partnership aims to address climate challenges and accelerate India’s low-carbon transition by integrating renewable energy with agriculture, developing green hydrogen projects, and boosting investments in green initiatives. NHPC operates a diversified portfolio of hydropower, solar, and wind…