Author: PPD Team Date: October 21, 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: July 9, 2025 The Institution of Engineering and Technology (IET) has launched two new Centres of Excellence (CoEs) focused on green hydrogen and electric vehicle (EV) technologies. Both centres operate entirely on renewable energy generated onsite, combining solar, wind, and battery storage to ensure uninterrupted power. The green hydrogen centre features a microgrid with solar panels and wind turbines that directly power electrolysers. This setup allows for zero-emissions hydrogen production and…
Author: PPD Team Date: August 7, 2025 Electricity tariffs are likely to increase across India following a Supreme Court order directing all states and Union Territories to recover pending dues owed to power distribution companies over the next four years. These liabilities, known as regulatory assets, have accumulated to over ₹1.5 lakh crore. They stem from the gap between actual electricity supply costs and the lower tariffs approved by state regulators. To keep tariffs low,…
Author: PPD Team Date: January 10, 2025 Canadian Solar’s e-STORAGE division has signed contracts with Copenhagen Infrastructure Partners (CIP) to deliver 2GWh of battery energy storage for two major projects in Scotland: Coalburn 2 and Devilla. e-STORAGE will provide 450 SolBank 3.0 battery containers for the Coalburn 2 project in South Lanarkshire and the Devilla project in Fife. Both projects are set to begin construction in 2027, each with a two-hour energy storage dispatch capability….
Author: PPD Team Date: January 31, 2025 Germany, Europe’s largest wind power producer, is experiencing its most prolonged period of below-average wind power generation since early 2021, as reported by Reuters. This shortfall is attributed to low wind speeds since October 2024. Wind power, which is Germany’s primary electricity source, typically peaks in winter when wind speeds are highest. The reduced output has forced Germany to rely more on fossil fuels and increase power…
Author: PPD Team Date: January 9, 2026 Bihar has commissioned the first phase of the Kajra Solar Power Project in Lakhisarai district, marking a major step in expanding the state’s renewable energy and grid balancing capacity. The project combines utility-scale solar generation with large battery storage to supply power during peak demand hours. The initial phase includes a 185 MW solar photovoltaic plant paired with a 254 MWh battery energy storage system (BESS). The facility…
Author: PPD Team Date: November 19, 2025 Maharashtra State Power Generation Company (Mahagenco) has signed a memorandum of understanding with Nuclear Power Corporation of India Limited (NPCIL) to jointly develop nuclear power projects in the state. Maharashtra is the first state to partner with the central government under its nuclear based power initiative. The agreement aims to support Maharashtra’s shift toward clean and reliable baseload power. It covers the design, development, and commissioning of a…