Author: PPD Team Date: January 14, 2025
Lupin Limited has acquired a 42.61% equity stake in Sunsure Solarpark Seventeen Private Limited.
This follows the share subscription and shareholders agreement with Sunsure Solarpark and Sunsure Energy Private Limited, involving an equity investment of Rs 105.53 million, to be executed in two tranches.
Author: PPD Team Date: October 18, 2024 Constellation Energy has placed a $100 million order for a main power transformer, marking a critical step in the revival of the Three Mile Island nuclear reactor in Pennsylvania, according to Reuters. The transformer is the largest single piece of equipment needed for the reactor’s restart. Constellation has committed to investing $1.6 billion by 2028 to bring the plant back online. Following a detailed survey of the site,…
Author: PPD Team Date: December 15, 2025 NLC India Limited (NLCIL) has formed a joint venture with PTC India Limited (PTC) to develop a diversified renewable energy portfolio of up to 2,000 MW. The agreement was signed on 12 December 2025 and marks a significant step in NLCIL’s clean energy expansion strategy. The joint venture will focus on solar, wind, hydro, battery energy storage, and green ammonia projects. The initial development phase will cover 500…
Author: PPD Team Date: January 8, 2025 PFC Consulting Limited (PFCCL) incorporated Anantapur II REZ Transmission Limited, a special purpose vehicle (SPV) for developing the Transmission System for integration of Anantapur-II REZ (Phase-I: 4.5 GW), on January 7, 2025. PFCCL has also been appointed as the bid process coordinator (BPC) for the selection of a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process.
Author: PPD Team Date: December 26, 2024 A government panel of experts has largely supported Japan’s new energy policy, which aims to meet growing power demands by expanding renewables to 40-50% of electricity needs and increasing nuclear power’s share to 20% by 2040. The proposal, which is set for Cabinet approval by March, calls for reversing the phaseout of nuclear energy adopted after the 2011 Fukushima disaster. The plan also targets reducing coal-fired power to…
Author: PPD Team Date: February 18, 2026 SWELECT Energy Systems Limited reported a consolidated profit after tax of Rs 9.52 crore for the third quarter of fiscal year 2026, compared with a loss of Rs 10.58 crore in the corresponding quarter last year. Total income increased 46.7% year-on-year to Rs 147.19 crore, supported by higher revenue from operations and improved efficiency. For the quarter ended December 31, 2025, revenue from operations rose to Rs 138.63…
Author: PPD Team Date: November 8, 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…