India and Denmark renew energy cooperation MoU
Author: PPD Team Date: May 6, 2025
Author: PPD Team Date: May 6, 2025
India and Denmark have signed a renewed Memorandum of Understanding (MoU) to strengthen their partnership on clean energy. This move builds on five years of collaboration and supports India’s goal of achieving net-zero emissions by 2070.
The original MoU, signed on June 5, 2020, was set to end in 2025. By renewing it early, both countries have ensured that their joint work continues without disruption.
The new agreement goes beyond the earlier focus areas. It includes cooperation on power system modelling, better integration of variable renewable energy, cross-border electricity trade, and developing electric vehicle (EV) charging networks.
There is also a strong focus on knowledge sharing. The two sides will organise expert interactions, joint training sessions, and study tours to deepen collaboration.
Author: PPD Team Date: March 19, 2026 APAR Industries Limited has approved two investment proposals at its board meeting held on March 18, 2026, covering capital infusion into its United States subsidiary and expansion of captive renewable capacity in Gujarat through an associate entity. US subsidiary funding The board approved an additional investment of up to USD 5 million in APAR USA LLC, a wholly owned subsidiary incorporated in Delaware and formerly known as CEMA…
Author: PPD Team Date: January 30, 2025 Ørsted and Polska Grupa Energetyczna (PGE) have made the final investment decision (FID) for the 1.5GW Baltica 2 offshore wind farm off the Polish coast. The wind farm is expected to be fully commissioned by the end of 2027. Developed in a 50/50 partnership, Ørsted and PGE will be responsible for the entire project, including offshore transmission and substations. The project will feature 107 Siemens Gamesa 14 MW-222…
Author: PPD Team Date: November 21, 2024 Datta Power Infra has signed a memorandum of understanding (MoU) to invest Rs 50 billion in Rajasthan’s renewable energy sector during the Rising Rajasthan 2024 event. The project will focus on developing 1,000 MW of renewable energy capacity, including solar, wind, and hybrid power projects across key districts such as Bikaner, Jaisalmer, Barmer, Nagaur, Pratapgarh, and Jodhpur. These initiatives will integrate with the State Transmission Utility (STU) for…
Author: PPD Team Date: April 14, 2025 Jupiter International Limited has raised Rs 5 billion from ValueQuest SCALE Fund and its affiliates to expand its solar manufacturing business. This is the second round of investment from ValueQuest in the company. The funds, combined with internal accruals, will go toward an ongoing capital expenditure program. The goal is to increase production capacity to 5.6 GW for solar cells and 2.4 GW for solar modules. Jupiter aims…
Author: PPD Team Date: October 22, 2024 Vedanta has announced plans to invest more than Rs 1 trillion in Rajasthan, covering its zinc, renewable energy, and oil and gas divisions. This investment is expected to create around 200,000 jobs and support the development of over 500 downstream industries across various sectors. Hindustan Zinc, a Vedanta Group company, will invest Rs 300 billion to double its zinc production capacity from 1.2 million tonnes per annum (MTPA)…
Author: PPD Team Date: January 10, 2025 Port of Açu Operações and Yamna Co Ltd have signed a land reservation agreement to develop a green ammonia project at the Port of Açu’s industrial complex in northeast Rio de Janeiro State. The agreement reserves two million square meters for green hydrogen initiatives, adding to the one million square meters already licensed at the port. The Port of Açu, owned by Prumo Logística and Port of Antwerp-Bruges…