Author: PPD Team Date: 15/10/2024
Himachal Pradesh is set to fully electrify its public transport system, with Chief Minister Sukhvinder Sukhu announcing a plan to convert the Himachal Road Transport Corporation (HRTC) fleet to 100% electric by March 2025.
The transition to electric vehicles aims to reduce the environmental impact and improve HRTC’s financial performance, positioning it as a key player in sustainable transport across Himachal Pradesh’s challenging terrain.
Author: PPD Team Date: 07/01/2025 The Canada Infrastructure Bank (CIB) has committed $224.2 million in loans to support the $450 million Goose Harbour Lake Wind Farm project in Guysborough County, Nova Scotia. Developed by Port Hawkesbury Paper Wind and RES Canada Construction, the wind farm will enhance Nova Scotia’s energy grid and provide clean power to Port Hawkesbury Paper, the province’s largest industrial electricity consumer. The project will feature 24 Nordex N163-7.0MW cold climate turbines…
Author: PPD Team Date: 06/02/2025 Mitsubishi Corporation is reassessing its business plans for offshore wind power generation projects in Japan due to changes in the macroeconomic environment caused by the COVID-19 pandemic and the Ukraine crisis. These challenges include inflation, a weaker yen, strained supply chains, and rising interest rates. Through a consortium led by its subsidiary Mitsubishi Corporation Offshore Wind, the company has been developing three offshore wind projects in Japan since being selected…
Author: PPD Team Date: 26/11/2024 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Company Limited (CSPGCL) to develop renewable energy projects with a capacity of up to 2000 MW. The projects will include floating solar power installations. The MoU was signed on November 26, 2024, in Raipur by Shri G. K. Gupta, Chief Engineer of CSPGCL, and Shri D. Joshi, General…
Author: PPD Team Date: 29/11/2024 Vestas has received a firm order from RWE for the 900 MW Nordseecluster B offshore wind project in the German North Sea. The project will feature 60 V236-15.0 MW wind turbines, with Vestas responsible for their supply, delivery, commissioning, and a 5-year service agreement followed by long-term operational support. The Nordseecluster is being developed in two phases. The first phase, the 660 MW Nordseecluster A, consisting of 44 V236-15.0 MW…
Author: PPD Team Date: 03/03/2025 Two interstate transmission system (ISTS) schemes for augmentation works at the Bhuj-II Pooling Station in Gujarat will now be implemented under the regulated tariff mechanism (RTM) instead of tariff-based competitive bidding (TBCB), as Power Grid Corporation of India Ltd (PGCIL) remained the sole bidder despite extended bidding timelines. The National Committee on Transmission (NCT) has approved the shift, with Powergrid Bhuj Transmission Ltd (PBTL), a TBCB subsidiary of PGCIL, set…
Author: PPD Team Date: 21/11/2024 The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for five independent power producer (IPP) projects, totalling 9.2GW in capacity, as reported by Zawya. The projects include thermal and solar photovoltaic (PV) power initiatives, with a combined investment of 35 billion Saudi riyals ($9.3 billion), supporting Saudi Vision 2030 goals for a balanced energy mix. The thermal projects, Rumah 1 and 2 and Nairyah 1 and 2,…