Author: PPD Team Date: 13/11/2024
Insolation Energy Ltd., via its wholly-owned subsidiary Insolation Green Energy Private Limited, has received a Rs 714 million purchase order from ACME Cleantech Solutions Private Limited.
The order is for the supply of solar PV modules.
Recently, Insolation Energy won a contract valued at Rs 5 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to install 77 MW of rooftop solar power systems across Rajasthan.
Author: PPD Team Date: 23/12/2024 Tata Power Renewable Energy Limited (TPREL) has collaborated with Canara Bank to promote rooftop solar adoption under the PM Surya Ghar Scheme. For systems up to 3 kW capacity, loans of up to Rs 200,000 are available with a 10 per cent margin, no collateral, a 7 per cent annual interest rate, and a 10-year tenure. For systems between 3 kW and 10 kW, loans up to Rs 600,000 are…
Author: PPD Team Date: 12/11/2024 The US Bureau of Ocean Energy Management (BOEM) has issued its final environmental impact statement (EIS) for the 2.4 GW SouthCoast Wind Project, which, if approved, could power approximately 800,000 homes. The SouthCoast Wind proposal includes up to 147 turbines, five offshore substations, and eight export cables, with landfall options at Brayton Point or Falmouth, Massachusetts. The project’s lease area covers about 127,388 acres, located 26 nm south of Martha’s…
Author: PPD Team Date: 16/01/2025 Vietnam and Russia have signed an agreement to enhance nuclear energy cooperation during Russian Prime Minister Mikhail Mishustin’s visit to Hanoi, as reported by Reuters. The Southeast Asian nation is working to ramp up power production to support its growing industrial sector. The agreement, between Russia’s Rosatom and Vietnam’s state-owned EVN, is part of a broader set of cooperation deals, though details remain undisclosed. Despite ongoing US sanctions on Rosatom’s…
Author: PPD Team Date: 12/11/2024 The ACCA’s latest report, Weathering the Storm: Building Resilience Against Climate Disruptions, reveals that most businesses and organizations are ill-prepared for climate-related disasters, with outdated continuity plans that fail to account for the rising frequency of such events. The report shows only 20% of surveyed organizations have identified climate risks across their operations, and just 17% regularly rehearse responses to major disruptions, while 25% lack any resilience-building mechanisms. ACCA Head…
Author: PPD Team Date: 01/05/2025 Evren has received a USD 100 million investment from ALTÉRRA to develop around 11 GW of solar, wind, and battery storage projects in Rajasthan and Andhra Pradesh. The investment will support the development and construction of these large-scale renewable energy assets. This is ALTÉRRA’s first direct investment in the Global South. The funding comes through the ALTÉRRA acceleration fund, in partnership with the Brookfield Global Transition Fund II and other…
Author: PPD Team Date: 26/12/2024 Shree Cements Limited is planning to establish a solar power project in Purnia, Bihar. The company will invest around Rs 3,000 million for the project’s development.
Author: PPD Team Date: 23/12/2024 Tata Power Renewable Energy Limited (TPREL) has collaborated with Canara Bank to promote rooftop solar adoption under the PM Surya Ghar Scheme. For systems up to 3 kW capacity, loans of up to Rs 200,000 are available with a 10 per cent margin, no collateral, a 7 per cent annual interest rate, and a 10-year tenure. For systems between 3 kW and 10 kW, loans up to Rs 600,000 are…
Author: PPD Team Date: 12/11/2024 The US Bureau of Ocean Energy Management (BOEM) has issued its final environmental impact statement (EIS) for the 2.4 GW SouthCoast Wind Project, which, if approved, could power approximately 800,000 homes. The SouthCoast Wind proposal includes up to 147 turbines, five offshore substations, and eight export cables, with landfall options at Brayton Point or Falmouth, Massachusetts. The project’s lease area covers about 127,388 acres, located 26 nm south of Martha’s…
Author: PPD Team Date: 16/01/2025 Vietnam and Russia have signed an agreement to enhance nuclear energy cooperation during Russian Prime Minister Mikhail Mishustin’s visit to Hanoi, as reported by Reuters. The Southeast Asian nation is working to ramp up power production to support its growing industrial sector. The agreement, between Russia’s Rosatom and Vietnam’s state-owned EVN, is part of a broader set of cooperation deals, though details remain undisclosed. Despite ongoing US sanctions on Rosatom’s…
Author: PPD Team Date: 12/11/2024 The ACCA’s latest report, Weathering the Storm: Building Resilience Against Climate Disruptions, reveals that most businesses and organizations are ill-prepared for climate-related disasters, with outdated continuity plans that fail to account for the rising frequency of such events. The report shows only 20% of surveyed organizations have identified climate risks across their operations, and just 17% regularly rehearse responses to major disruptions, while 25% lack any resilience-building mechanisms. ACCA Head…
Author: PPD Team Date: 01/05/2025 Evren has received a USD 100 million investment from ALTÉRRA to develop around 11 GW of solar, wind, and battery storage projects in Rajasthan and Andhra Pradesh. The investment will support the development and construction of these large-scale renewable energy assets. This is ALTÉRRA’s first direct investment in the Global South. The funding comes through the ALTÉRRA acceleration fund, in partnership with the Brookfield Global Transition Fund II and other…
Author: PPD Team Date: 26/12/2024 Shree Cements Limited is planning to establish a solar power project in Purnia, Bihar. The company will invest around Rs 3,000 million for the project’s development.
Author: PPD Team Date: 23/12/2024 Tata Power Renewable Energy Limited (TPREL) has collaborated with Canara Bank to promote rooftop solar adoption under the PM Surya Ghar Scheme. For systems up to 3 kW capacity, loans of up to Rs 200,000 are available with a 10 per cent margin, no collateral, a 7 per cent annual interest rate, and a 10-year tenure. For systems between 3 kW and 10 kW, loans up to Rs 600,000 are…
Author: PPD Team Date: 12/11/2024 The US Bureau of Ocean Energy Management (BOEM) has issued its final environmental impact statement (EIS) for the 2.4 GW SouthCoast Wind Project, which, if approved, could power approximately 800,000 homes. The SouthCoast Wind proposal includes up to 147 turbines, five offshore substations, and eight export cables, with landfall options at Brayton Point or Falmouth, Massachusetts. The project’s lease area covers about 127,388 acres, located 26 nm south of Martha’s…