Kosol Energie signs Rs 520 billion MoU to expand green energy in Gujarat
Author: PPD Team Date: October 15, 2025
Author: PPD Team Date: October 15, 2025
Kosol Energie Private Limited has signed a memorandum of understanding (MoU) worth Rs 520 billion at the Vibrant Gujarat Regional Conference. The investment will support the development of solar, green hydrogen, and green ammonia projects across the state.
The company plans to use the capital to establish large-scale renewable energy parks, advanced manufacturing facilities, and research and development centres.
Recently, Kosol Energie commissioned a 38 MWp solar project for Gujarat State Electricity Corporation Limited (GSECL) at Chadavada.
Author: PPD Team Date: December 9, 2024 Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW. Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates their dedication to matching growing power needs with renewable energy. The agreements cover…
Author: PPD Team Date: November 12, 2024 Power Construction Corporation of China (PowerChina) has officially transferred the 500 kV Thung Song substation project to Thailand’s Electricity Generating Authority of Thailand (EGAT) after successful site acceptance tests. Located in Nakhon Si Thammarat, southern Thailand, the project is crucial for enhancing grid transmission capacity and ensuring stable power operations in the region. The project involved renovating and expanding an existing 230 kV air-insulated switchgear substation and constructing…
Author: PPD Team Date: December 2, 2025 Mahindra & Mahindra Limited has signed a share subscription and shareholder’s agreement to buy a 26 per cent equity stake in Gelos Solren Private Limited, a wholly owned subsidiary of Mahindra Susten. The investment will support a 100.8 MW captive wind-solar hybrid project in Maharashtra. Mahindra & Mahindra will invest Rs 371.42 million to acquire the 26 percent stake. Gelos Solren will develop the 100.8 MW hybrid system…
Author: PPD Team Date: January 7, 2025 The European Commission (EC) has approved the joint control acquisition of EEW Offshore Wind EU by EEW Holding and Sumitomo under the EU Merger Regulation. The collaboration involves German and Japanese entities producing large steel tubes for offshore wind farms. The EC concluded the acquisition would not raise competition concerns, as the market structure remains largely unaffected. Last year, Sumitomo announced plans to acquire a stake in EEW…
Author: PPD Team Date: November 7, 2024 Spain-based BlueFloat Energy has achieved major project status from the Australian government for its 2.1GW Gippsland Dawn offshore wind project, located off Victoria’s coast. This status provides access to support from the Major Projects Facilitation Agency, marking a significant milestone for one of Australia’s largest offshore wind initiatives. Scheduled to begin construction in 2029 with a $10 billion investment, Gippsland Dawn aims to be operational by 2031, with…
Author: PPD Team Date: October 30, 2024 GE Vernova has secured a contract to supply its 9HA.01 gas turbine for a new 600 MW hydrogen-capable power plant at the Pulau Seraya power station on Jurong Island, Singapore. The project, led by YTL PowerSeraya Group, is set to begin operations by 2027. Initially running on natural gas, the plant will be able to blend up to 50% hydrogen, with a future goal of transitioning to 100%…