Longroad Energy signs PPA with Meta for 300 MWac 1000 Mile solar project
Author: PPD Team Date: 31/12/2024
Author: PPD Team Date: 31/12/2024
Longroad Energy has signed a long-term Power Purchase Agreement (PPA) with Meta for the entire output of its 300 MWac 1000 Mile solar project in Yoakum County, Texas.
The energy produced will be supplied to the Southwest Power Pool (SPP) grid and support Meta’s data center operations.
The 1000 Mile solar project, Longroad’s first in the SPP region, is expected to commence commercial operations in 2026.
Author: PPD Team Date: 30/12/2024 KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to KEC International for the slump sale. KEC International holds a 95% equity stake in KACL, with the remaining 5% owned by KEC Power India Pvt Ltd (KPIPL), a…
Author: PPD Team Date: 13/12/2024 NLC India (NLCIL) has commenced commercial operations of the first 660 MW unit of its 3×660 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh. The unit, which completed its trial operation on 7 December 2024, began commercial operations on 12 December 2024. This is the first fossil fuel-based thermal power plant commissioned in India in this financial year. With this addition, NLCIL and its group companies have increased their…
Author: PPD Team Date: 30/10/2024 MEIL Solar Energy, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has signed power purchase agreements (PPAs) with Bangalore Electricity Supply Company (BESCOM) to supply solar power from 76 projects with a cumulative capacity of 618.1 MW. These projects will operate under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, following the renewable energy service company (RESCO) model. MEIL Solar Energy will construct…
Author: PPD Team Date: 10/01/2025 Estuary Power has closed a $340 million financing package for the Escape solar and storage project in Lincoln County, Nevada. The project will feature 185MW of solar capacity combined with 400MWh of battery energy storage, providing reliable power to key customers including MGM Resorts International, Overton Power District, Caesars Entertainment, and Wynn Las Vegas. The financing includes tax equity commitments from Morgan Stanley Renewables, along with a tax equity bridge…
Author: PPD Team Date: 05/08/2025 Afghanistan’s Ministry of Energy and Water has signed a $10 billion agreement with a domestic private company to develop power projects with a combined capacity of 10,000 megawatts, Tolo News reported. The projects will be implemented over a six-year period from 2026 to 2032. The agreement covers electricity generation from coal, gas, hydro, wind, and solar sources across multiple provinces. The first phase will target 2,000 to 3,000 MW, with…
Author: PPD Team Date: 08/11/2024 RWE has commenced work on the Thor offshore wind farm project, Denmark’s largest offshore wind initiative to date, establishing key operational and construction bases at the Port of Thorsminde and Thyborøn Port. The Thor wind farm, located 22 kilometers off the west coast of Jutland in the Danish North Sea, will have a capacity exceeding 1 GW and is expected to power over one million Danish households with green energy….
Author: PPD Team Date: 30/12/2024 KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to KEC International for the slump sale. KEC International holds a 95% equity stake in KACL, with the remaining 5% owned by KEC Power India Pvt Ltd (KPIPL), a…
Author: PPD Team Date: 13/12/2024 NLC India (NLCIL) has commenced commercial operations of the first 660 MW unit of its 3×660 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh. The unit, which completed its trial operation on 7 December 2024, began commercial operations on 12 December 2024. This is the first fossil fuel-based thermal power plant commissioned in India in this financial year. With this addition, NLCIL and its group companies have increased their…
Author: PPD Team Date: 30/10/2024 MEIL Solar Energy, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has signed power purchase agreements (PPAs) with Bangalore Electricity Supply Company (BESCOM) to supply solar power from 76 projects with a cumulative capacity of 618.1 MW. These projects will operate under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, following the renewable energy service company (RESCO) model. MEIL Solar Energy will construct…
Author: PPD Team Date: 10/01/2025 Estuary Power has closed a $340 million financing package for the Escape solar and storage project in Lincoln County, Nevada. The project will feature 185MW of solar capacity combined with 400MWh of battery energy storage, providing reliable power to key customers including MGM Resorts International, Overton Power District, Caesars Entertainment, and Wynn Las Vegas. The financing includes tax equity commitments from Morgan Stanley Renewables, along with a tax equity bridge…
Author: PPD Team Date: 05/08/2025 Afghanistan’s Ministry of Energy and Water has signed a $10 billion agreement with a domestic private company to develop power projects with a combined capacity of 10,000 megawatts, Tolo News reported. The projects will be implemented over a six-year period from 2026 to 2032. The agreement covers electricity generation from coal, gas, hydro, wind, and solar sources across multiple provinces. The first phase will target 2,000 to 3,000 MW, with…
Author: PPD Team Date: 08/11/2024 RWE has commenced work on the Thor offshore wind farm project, Denmark’s largest offshore wind initiative to date, establishing key operational and construction bases at the Port of Thorsminde and Thyborøn Port. The Thor wind farm, located 22 kilometers off the west coast of Jutland in the Danish North Sea, will have a capacity exceeding 1 GW and is expected to power over one million Danish households with green energy….
Author: PPD Team Date: 30/12/2024 KEC International Ltd has transferred its cables business to KEC Asian Cables Ltd (KACL), a subsidiary, via a slump sale on a going-concern basis. A business transfer agreement (BTA) was executed on December 30, 2024. KACL will pay Rs 1.25 billion to KEC International for the slump sale. KEC International holds a 95% equity stake in KACL, with the remaining 5% owned by KEC Power India Pvt Ltd (KPIPL), a…
Author: PPD Team Date: 13/12/2024 NLC India (NLCIL) has commenced commercial operations of the first 660 MW unit of its 3×660 MW Ghatampur Thermal Power Plant (GTPP) in Uttar Pradesh. The unit, which completed its trial operation on 7 December 2024, began commercial operations on 12 December 2024. This is the first fossil fuel-based thermal power plant commissioned in India in this financial year. With this addition, NLCIL and its group companies have increased their…