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Nigeria commits NGN500 billion to revitalise abandoned power projects
The Nigerian government has committed over NGN 500 billion to reactivate more than 100 stalled projects of the Transmission Company of Nigeria (TCN) to enhance the nation’s power supply. Many of these projects are nearing completion, with some achieving over 80% progress. The Ministry of Power has requested a dedicated budget allocation for 2025 to…
Suzlon signals next phase with Wind 2.0 initiatives
Suzlon Energy is entering a new phase of growth with fresh strategic initiatives, said Vice Chairman Girish Tanti. The company is sharpening its focus on expansion within wind power while exploring opportunities beyond conventional generation. Speaking during the World Economic Forum Annual Meeting, Tanti reflected on Suzlon’s three-decade journey. He said the company was founded…
CCI acquires Dutch battery storage platform LCEGS
S4 Energy, a subsidiary of Castleton Commodities International (CCI) specializing in grid-scale battery energy storage, has acquired Netherlands-based LC Energy’s battery storage platform, LCEGS. This acquisition enhances the energy grid’s resilience by merging LCEGS’ development expertise with S4 Energy’s operational experience. Battery energy storage is crucial for Europe’s decarbonisation goals and grid stability. With increasing…
Serentica partners with Envision Energy for 560 MW wind project
Serentica Renewables has partnered with Envision Energy India for the supply of wind turbine generators (WTGs) for its upcoming 560 MW wind project. The project will use Envision’s 5 MW smart WTGs, with deliveries scheduled to begin in February 2026. Installations will be located across multiple states, including Karnataka and Maharashtra. According to Serentica Renewables,…
World Bank may fund Rs 1 billion shore power project at JNPA
The World Bank has evinced interest in funding a Shore-Electric-Power-Supply Project aimed at decarbonising port operations at Jawaharlal Nehru Port Authority (JNPA), near Mumbai. Bids for the project are expected to be invited by July 15, 2025. The estimated cost for this initial phase is Rs 1,000 million. JNPT has drawn up a plan to…
Adani Green crosses 12 GW; inks captive power deal
Adani Renewable Energy Holding Nine Limited (AREH9L), a subsidiary of the Adani Group, has signed a share subscription and shareholders’ agreement (SSSHA) with Adani Renewables Energy Three Limited and DC Development Noida Limited to facilitate a captive power arrangement. As part of the agreement, DC Development Noida Limited will acquire a 26 per cent stake…
