Author: PPD Team Date: 08/11/2024
Inox Wind Limited has announced a net profit of Rs 902.2 million for the quarter ending September 2024, contrasting with a loss of Rs 292.3 million in the same quarter last year.
Total income rose significantly, increasing by 93 percent to Rs 7,417.4 million, compared to Rs 3,844 million in the same period the previous year.
Author: PPD Team Date: 18/12/2024 Lightsource bp has commenced construction on its Goulburn River hybrid solar project and Woolooga battery energy storage system (BESS) in New South Wales and Queensland, Australia, respectively. These projects integrate solar power with battery storage to provide reliable renewable energy solutions. The Goulburn River solar farm, with a capacity of 585 MW, will generate 1.3 terawatt-hours of renewable energy annually, enough to power 225,000 homes and reduce carbon emissions by…
Author: PPD Team Date: 04/11/2024 ACWA Power’s Redstone Concentrating Solar Power (CSP) plant in South Africa has synchronized 50 MW to the national grid, with full capacity expected to reach 100 MW shortly. Developed in collaboration with Herlogas and SEPCOIII, the Redstone CSP is set to deliver clean energy to approximately 200,000 households, significantly curbing carbon emissions. Meanwhile, the Kom Ombo Photovoltaic (PV) plant in Egypt has achieved its full production capacity of 200 MW,…
Author: PPD Team Date: 04/12/2024 H.G. Infra Engineering Limited has formed a wholly owned subsidiary, H.G. Banaskantha Bess Private Limited, for the battery energy storage systems (BESS) sector. Incorporated on December 3, 2024, with an authorized capital of Rs 15 million, the Rajasthan-based subsidiary aims to specialize in BESS. The establishment of H.G. Banaskantha Bess follows H.G. Infra’s recent Letter of Award from NTPC Vidyut Vyapar Nigam Limited for the procurement and installation of 185…
Author: PPD Team Date: 27/01/2025 Jyoti Structures secures Rs 7,412.8 million PGCIL contract for HVDC line Jyoti Structures Limited won a contract worth Rs 7,412.8 million from Power Grid Corporation of India Limited (PGCIL) for Transmission Line package TL01 for 800 kV high voltage direct current (HVDC) Bipole Line (Hexa Lapwing) between KPS2 (HVDC) and Nagpur (HVDC) (with dedicated metallic return) – Part-1 for the Transmission System for Evacuation of Power from potential renewable energy…
Author: PPD Team Date: 30/01/2025 NTPC Ltd. has announced plans to establish a CO2 battery energy storage project in collaboration with Triveni Turbine Ltd. and Energy Dome, Italy. NETRA, NTPC’s R&D wing, will manage the project. The 160 MWHr CO2 battery will be installed at NTPC’s Kudgi station in Karnataka. This initiative is part of NTPC’s strategy to diversify its energy portfolio and increase renewable power generation. It also aligns with the Government of India’s…
Author: PPD Team Date: 22/11/2024 Laurentis Energy Partners has partnered with ORLEN Synthos Green Energy (OSGE) to advance small modular reactor (SMR) development in Poland. The collaboration focuses on preparing the Preliminary Safety Analysis Report (PSAR), a critical document for licensing GE Hitachi Nuclear Energy’s BWRX-300 SMRs. The PSAR, mandated by Poland’s National Atomic Energy Agency, will assess environmental conditions, site characteristics, and other safety factors. Laurentis staff based in Ontario, Canada, will handle its…