Author: PPD Team Date: 21/10/2024
Integrum Energy Infrastructure has reportedly filed a draft red herring prospectus (DRHP) for an initial public offering (IPO).
The IPO will include a fresh issue of up to 4.95 million equity shares and an offer for sale of up to 0.54 million equity shares.
The proceeds will be directed toward the development of a new solar plant and meeting the company’s working capital needs.
Author: PPD Team Date: 14/02/2025 Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in Gujarat. The total cost of the project is estimated at Rs 400 million. The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS technology. It will be executed under a Lump…
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….
Author: PPD Team Date: 21/11/2024 The U.S. Department of Energy (DOE) has announced $15 million in funding for nine projects designed to boost hydropower’s role in stabilizing the grid amid rising renewable energy adoption. Hydropower, currently contributing 27% of U.S. renewable electricity, offers critical flexibility for balancing supply and demand. Notable projects include: Hydropower-Hydrogen Integration: DRG Technical Solutions will produce hydrogen at a Colorado facility to store energy for later grid use or as fuel….
Author: PPD Team Date: 23/12/2024 Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and Germany. The deal marks Viaro’s entry into the German renewable energy market and is expected to close in 2025. The acquisition includes MicroEnergy Generation Services’ wind turbine fleet in East Anglia and Terrain Energy’s onshore oil…
Author: PPD Team Date: 23/01/2025 The Government of Arunachal Pradesh has approved State Goods and Services Tax (SGST) reimbursement concessions for two major hydroelectric projects: the Subansiri Middle (Kamala) Hydro Electric Project and the 700 MW Tato-II Hydro Electric Project. Both projects are being implemented through joint ventures. The Subansiri Middle project is led by NHPC Limited, while the Tato-II project is managed by North Eastern Electric Power Corporation Limited (NEEPCO). The Government of Arunachal…
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: 14/02/2025 Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in Gujarat. The total cost of the project is estimated at Rs 400 million. The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS technology. It will be executed under a Lump…
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….
Author: PPD Team Date: 21/11/2024 The U.S. Department of Energy (DOE) has announced $15 million in funding for nine projects designed to boost hydropower’s role in stabilizing the grid amid rising renewable energy adoption. Hydropower, currently contributing 27% of U.S. renewable electricity, offers critical flexibility for balancing supply and demand. Notable projects include: Hydropower-Hydrogen Integration: DRG Technical Solutions will produce hydrogen at a Colorado facility to store energy for later grid use or as fuel….
Author: PPD Team Date: 23/12/2024 Viaro Energy has signed a sales and purchase agreement to acquire 100% of integrated transition energy firm Evoterra’s assets, including its wind turbine fleet and oil and gas exploration licences in the UK and Germany. The deal marks Viaro’s entry into the German renewable energy market and is expected to close in 2025. The acquisition includes MicroEnergy Generation Services’ wind turbine fleet in East Anglia and Terrain Energy’s onshore oil…
Author: PPD Team Date: 23/01/2025 The Government of Arunachal Pradesh has approved State Goods and Services Tax (SGST) reimbursement concessions for two major hydroelectric projects: the Subansiri Middle (Kamala) Hydro Electric Project and the 700 MW Tato-II Hydro Electric Project. Both projects are being implemented through joint ventures. The Subansiri Middle project is led by NHPC Limited, while the Tato-II project is managed by North Eastern Electric Power Corporation Limited (NEEPCO). The Government of Arunachal…
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: 14/02/2025 Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in Gujarat. The total cost of the project is estimated at Rs 400 million. The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS technology. It will be executed under a Lump…
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….