Author: PPD Team Date: 12/12/2024
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US DOE allocates $2 billion for 38 projects to enhance power grid resilience
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US DOE allocates $2 billion for 38 projects to enhance power grid resilience
Author: PPD Team Date: 23/10/2024 The US Department of Energy (DOE) has announced nearly $2 billion in funding for 38 projects under the Grid Resilience and Innovation Partnerships (GRIP) program. The initiative aims to upgrade transmission and distribution infrastructure, introducing advanced technologies to support over 7.5 GW of grid capacity. These efforts are expected to accelerate the integration of clean energy projects, create around 6,000 jobs, and leverage over $4.2 billion in public and private…
KPI Green Energy targets early completion of 200 MW solar project
Author: PPD Team Date: 16/01/2025 KPI Green Energy, which secured a 200 MW CTU-connected solar project from Gujarat Urja Vikas Nigam (GUVNL) in August 2023, aims for early completion. The power purchase agreement (PPA) was signed on March 1, 2024, with a scheduled commercial operation date (SCOD) between May 31, 2025, and November 30, 2025. Upon completion of the Khavda project, KPI’s operational IPP portfolio will grow from 171 MWp to 411 MWp, marking a…
E2E Energy and Novus Earth to develop geothermal project in Canada
Author: PPD Team Date: 07/11/2024 E2E Energy Solutions has partnered with Novus Earth to develop Latitude 53 Hinton, a geothermal energy project near Hinton, Alberta, set to begin construction in early 2025. This two-phase initiative will utilize geothermal energy to support sustainable agriculture and produce clean electricity, bolstering Alberta’s renewable energy landscape. The first phase focuses on supplying geothermal heat for year-round strawberry cultivation in a 20-acre greenhouse, offering up to 50 gigajoules of heat…
Kataria Industries acquires Ratlam Wires’ wire manufacturing business
Author: PPD Team Date: 28/10/2024 Kataria Industries has acquired the wire manufacturing business of Ratlam Wires for approximately Rs 310 million. The acquisition, valued at Rs 306 million, is structured as a slump sale, with the business continuing as a going concern. This move is expected to enhance Kataria’s presence in the steel wire industry. Ratlam Wires produces various steel wire products, including spring steel wires, PC strand wires, and both galvanized and ungalvanized wires….
Jyoti Structures secures Rs 4 bn contract for Adani’s 765 kV transmission line
Author: PPD Team Date: 27/02/2025 Jyoti Structures Limited has received a Rs 3.89 billion Notification of Award (NoA) from Adani Energy Solutions Limited (AESL) for the 765 kV DC transmission line 1B of Boisar II-Pune III. The contract includes tower supply, survey, soil investigation, foundations, erection, stringing, testing, and commissioning on a turnkey basis. The project is part of the Transmission System for Evacuation of Power from the potential renewable energy zone in Khavda, Gujarat,…
SEFE, Eletrobras, and EnerTech partner to supply green hydrogen to Germany
Author: PPD Team Date: 21/11/2024 Securing Energy for Europe (SEFE), Eletrobras, and EnerTech have signed a Joint Study Agreement (JSA) to deliver 200,000 tonnes of green hydrogen annually to Germany starting in 2030. The partnership involves establishing a green hydrogen production facility in Brazil, utilizing electricity sourced from hydropower and other renewable options. SEFE will manage the production and shipment of green ammonia to Germany and oversee the distribution of green hydrogen across its European…
US DOE allocates $2 billion for 38 projects to enhance power grid resilience
Author: PPD Team Date: 23/10/2024 The US Department of Energy (DOE) has announced nearly $2 billion in funding for 38 projects under the Grid Resilience and Innovation Partnerships (GRIP) program. The initiative aims to upgrade transmission and distribution infrastructure, introducing advanced technologies to support over 7.5 GW of grid capacity. These efforts are expected to accelerate the integration of clean energy projects, create around 6,000 jobs, and leverage over $4.2 billion in public and private…
KPI Green Energy targets early completion of 200 MW solar project
Author: PPD Team Date: 16/01/2025 KPI Green Energy, which secured a 200 MW CTU-connected solar project from Gujarat Urja Vikas Nigam (GUVNL) in August 2023, aims for early completion. The power purchase agreement (PPA) was signed on March 1, 2024, with a scheduled commercial operation date (SCOD) between May 31, 2025, and November 30, 2025. Upon completion of the Khavda project, KPI’s operational IPP portfolio will grow from 171 MWp to 411 MWp, marking a…