Author: PPD Team Date: 27/11/2024

Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit 2024.

The agreement involves an investment of Rs 100 billion for solar power generation projects, manufacturing facilities for solar components, engineering, procurement, and construction (EPC) projects, and the development of solar parks in Rajasthan.

Similar Posts

|

SB Energy’s Orion Solar Belt projects begin commercial operations

By

Author: PPD Team Date: 23/10/2024 SB Energy Global, backed by SoftBank Group, has commenced commercial operations for the Orion Solar Belt projects—Orion I, Orion II, and Orion III—in Milam County, Texas. The combined capacity of these utility-scale solar projects is 875 MWdc, contributing to the Texas power grid. The project utilizes over 1.3 million American-made solar modules, featuring domestic steel and components, emphasizing SB Energy’s commitment to supporting local industries and sustainable energy practices. The…

|

BWXT Technologies to acquire Kinectrics for $525m to expand nuclear services

By

Author: PPD Team Date: 08/01/2025 US-based BWXT Technologies has agreed to acquire Canadian nuclear services company Kinectrics for $525 million. The acquisition includes Kinectrics’ net pension and debt liabilities, along with estimated transaction expenses. This move aims to enhance BWXT’s commercial operations by broadening its offerings in the global nuclear power and radiopharmaceutical industries. Kinectrics will operate as a subsidiary of BWXT, with its financial results incorporated into BWXT’s commercial operations segment. The deal strengthens…

|

Adani Power plans 30,000 MW nuclear capacity

By

Author: PPD Team Date: 25/02/2025 Adani Power Limited (APL) is planning to develop 30,000 MW of nuclear power capacity, aiming to replace its thermal power projects (TPPs) with nuclear power projects (NPPs).  The TPPs will be phased out as their power purchase agreements (PPAs) conclude. The coal-to-nuclear transition is gaining traction globally, with small modular reactors (SMRs) seen as a viable way to reuse old thermal plant sites. The U.S., Canada, Romania, and Poland are…

|

Nexamp and Walmart partner to develop 31 community solar projects across US

By

Author: PPD Team Date: 19/12/2024 Nexamp has announced a partnership with Walmart to develop 31 community solar projects across the United States, expected to generate over 120 MW (DC) of renewable energy.  This collaboration is their second, following a previous joint effort in 2021 for community solar projects in New York. The new solar farms, located in Maine, Massachusetts, New York, Illinois, and Minnesota, aim to provide affordable renewable energy to local businesses and residential…

|

Avaada Group secures Rs 85 billion financing for nine RE projects

By

Author: PPD Team Date: 23/01/2025 Avaada Group has completed Rs 85 billion in financing and refinancing for nine projects across various sectors, including utility-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, merchant power generation projects, commercial and industrial (C&I) solar projects, and solar module manufacturing facilities. The financing was secured through multiple transactions with a range of lenders, including public-sector banks like the State Bank of India and Union Bank, as well as financial…

|

Neoen secures 164 MWp in French solar and agrisolar tenders

By

Author: PPD Team Date: 20/11/2024 French renewable energy developer Neoen has won seven solar and agrivoltaic projects totalling 164 MWp in the latest round of tenders conducted by the French Energy Regulation Commission (CRE).  This achievement enhances Neoen’s position in the ground-mounted solar sector in France, where it has now been awarded a cumulative 642 MWp in PPE21 tenders. With these new projects, Neoen’s secured capacity in France exceeds 2.5 GW. The projects are scheduled…

Leave a Reply

Your email address will not be published. Required fields are marked *