Iraq finalizes agreement with Linxon for 400 kV substation rehabilitation
Author: PPD Team Date: February 13, 2025
Author: PPD Team Date: February 13, 2025
The Iraqi Ministry of Electricity has finalized agreements with Linxon to rehabilitate three 400 kV bulk supply point substations located in North and South Baghdad and Diyala. Linxon, a company formed by combining AtkinsRéalis’ project management expertise with Hitachi Energy’s technological knowledge, brings over 60 years of experience in substation and electrification projects worldwide.
The rehabilitation projects are part of Iraq’s electrical super grid expansion and will be financed through loans from Swedish Svensk Exportkredit and Exportkreditnämnden. The planned upgrades will focus on modernizing electrical systems, enhancing protection and control mechanisms, and improving infrastructure to ensure stable power distribution and reduce technical losses.
In addition to these upgrades, Iraq is actively diversifying its energy mix with large-scale solar projects. Notable initiatives, including those by TotalEnergies and Abu Dhabi-based renewable energy group Masdar, are already underway.
Author: PPD Team Date: April 7, 2026 The Initial Public Offering (IPO) of Nuclear Power Corporation of India Limited (NPCIL) is expected to materialise this year after remaining in the pipeline for over 15 years. The Department of Atomic Energy (DAE) informed a Parliamentary Standing Committee that Budget 2026-27 has reduced equity support to NPCIL from Rs 3,042 crore to Rs 100 crore, citing the company’s plan to proceed with a public listing. The overall…
Author: PPD Team Date: May 15, 2025 Sungrow has secured a contract from Juniper Green Energy Private Limited to supply inverters for 835 MW of solar power projects in Rajasthan and Maharashtra. The contract was awarded on May 15, 2025. Under the agreement, Sungrow will supply its SG320HX-20 (300 kW) string inverters and SG4400UD-20 (4.4 MW) central inverters. These inverters will be deployed across multiple project sites. In Rajasthan, the projects are located in Fatehgarh…
Author: PPD Team Date: October 28, 2024 Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as winners in NTPC’s auction to develop inter-state transmission system (ISTS) connected wind-solar hybrid power projects with a total capacity of 1.2 GW. Green Prairie Energy and Adyant Enersol secured 200 MW and 70 MW, respectively, at a tariff of Rs 3.28 per kWh. Sembcorp Green Infra,…
Author: PPD Team Date: December 20, 2024 The African Development Bank (AfDB) has committed USD 10 million from its Sustainable Energy Fund for Africa (SEFA) to the Persistent Africa Climate Venture Builder Fund (ACV Fund). This initiative supports climate technology entrepreneurship in Sub-Saharan Africa. The ACV Fund will provide early-stage financing to ventures in sectors such as solar energy, energy efficiency, electric mobility, agricultural technology, and circular economy solutions. The investment is expected to unlock…
Author: PPD Team Date: March 18, 2026 ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew Energy Global, has raised USD 95 million in an equity funding round. The transaction was led by LeapFrog Investments with a USD 50 million commitment, while the remaining capital was provided by Emerging Market Climate Action Fund and Carlyle AlpInvest. Portfolio and customers ReNew Green operates a 2.5 GW clean energy portfolio serving corporate…
Author: PPD Team Date: November 14, 2024 Global engineering firm Ramboll has finalized its acquisition of K2 Management, an engineering consultancy specializing in wind and solar energy. With this acquisition, K2 Management is now integrated into Ramboll Group, significantly boosting Ramboll’s wind expertise, which has grown at an annual rate of 25% over the past three years. Ramboll’s Global Wind Division, led by Tim Fischer, anticipates full operational integration by the first half of 2025. …