Author: PPD Team Date: 20/12/2024
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Ministry of Coal selects firms for Category-II financial incentives
Author: PPD Team Date: 07/02/2025 The Ministry of Coal has announced the selected applicants under Category II of the Financial Incentive Scheme, a key part of India’s coal gasification program. With an Rs 85 billion financial outlay, the scheme aims to accelerate coal gasification, lower carbon emissions, enhance energy security, and promote sustainable development. Launched on January 24, 2024, the scheme supports private firms and public sector undertakings (PSUs) in developing coal gasification projects. The…
Global shift towards sustainable energy drives $3.1 trillion investment surge
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DJ Renewables and CleanMax to establish 400 MW renewable energy JV
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India plans to double nuclear power capacity to 14 GW by 2029
Author: PPD Team Date: 05/12/2024 India’s Department of Atomic Energy (DAE) aims to nearly double the country’s nuclear power capacity by 2029. DAE secretary and Atomic Energy Commission chairman, AK Mohanty, shared this plan during a press conference at Devi Ahilya Vishwavidyalaya. Currently, India’s nuclear power capacity is around 8.2 gigawatts (GW), and in the next five years, the country targets expanding this to nearly 14 GW. By 2031-32, the goal is to reach 20…
Fidra Energy and Sungrow partner on 4.4GWh BESS projects in the UK
Author: PPD Team Date: 21/11/2024 Sungrow announced that it has signed a strategic agreement with Fidra Energy to deliver 4.4 GWh of energy storage capacity. This is part of Fidra’s goal to establish a 10GW battery energy storage system (BESS) platform across the UK and Europe by 2030. Sungrow will supply its PowerTitan 2.0 liquid-cooled energy storage system and provide long-term maintenance services for two flagship UK projects under this partnership. The first installation will…
Denmark’s largest offshore wind farm tender in the North Sea receives no bids
Author: PPD Team Date: 09/12/2024 Denmark’s largest offshore wind farm tender, launched in April 2024, received no bids, marking a setback for the global offshore wind industry. The tender offered six sites with a combined capacity of up to 10GW, including three in the North Sea and three in the Baltic and Kattegat. The Danish Energy Agency plans to engage with market participants to understand the reasons behind the lack of interest, especially considering the…
Ministry of Coal selects firms for Category-II financial incentives
Author: PPD Team Date: 07/02/2025 The Ministry of Coal has announced the selected applicants under Category II of the Financial Incentive Scheme, a key part of India’s coal gasification program. With an Rs 85 billion financial outlay, the scheme aims to accelerate coal gasification, lower carbon emissions, enhance energy security, and promote sustainable development. Launched on January 24, 2024, the scheme supports private firms and public sector undertakings (PSUs) in developing coal gasification projects. The…
Global shift towards sustainable energy drives $3.1 trillion investment surge
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….
DJ Renewables and CleanMax to establish 400 MW renewable energy JV
Author: PPD Team Date: 11/03/2025 DJ Renewables Pte. Ltd., a consortium between Osaka Gas Company Limited and Japan Bank for International Cooperation (JBIC), plans to form a joint venture (JV) with CleanMax Enviro Energy Solutions Private Limited to develop 400 MW of renewable energy projects in India. The JV company, named Clean Max Osaka Gas Renewable Energy Private Limited (CORE), will be jointly owned by CleanMax and DJ Renewables, with equity stakes of 51 percent…
India plans to double nuclear power capacity to 14 GW by 2029
Author: PPD Team Date: 05/12/2024 India’s Department of Atomic Energy (DAE) aims to nearly double the country’s nuclear power capacity by 2029. DAE secretary and Atomic Energy Commission chairman, AK Mohanty, shared this plan during a press conference at Devi Ahilya Vishwavidyalaya. Currently, India’s nuclear power capacity is around 8.2 gigawatts (GW), and in the next five years, the country targets expanding this to nearly 14 GW. By 2031-32, the goal is to reach 20…
Fidra Energy and Sungrow partner on 4.4GWh BESS projects in the UK
Author: PPD Team Date: 21/11/2024 Sungrow announced that it has signed a strategic agreement with Fidra Energy to deliver 4.4 GWh of energy storage capacity. This is part of Fidra’s goal to establish a 10GW battery energy storage system (BESS) platform across the UK and Europe by 2030. Sungrow will supply its PowerTitan 2.0 liquid-cooled energy storage system and provide long-term maintenance services for two flagship UK projects under this partnership. The first installation will…
Denmark’s largest offshore wind farm tender in the North Sea receives no bids
Author: PPD Team Date: 09/12/2024 Denmark’s largest offshore wind farm tender, launched in April 2024, received no bids, marking a setback for the global offshore wind industry. The tender offered six sites with a combined capacity of up to 10GW, including three in the North Sea and three in the Baltic and Kattegat. The Danish Energy Agency plans to engage with market participants to understand the reasons behind the lack of interest, especially considering the…
Ministry of Coal selects firms for Category-II financial incentives
Author: PPD Team Date: 07/02/2025 The Ministry of Coal has announced the selected applicants under Category II of the Financial Incentive Scheme, a key part of India’s coal gasification program. With an Rs 85 billion financial outlay, the scheme aims to accelerate coal gasification, lower carbon emissions, enhance energy security, and promote sustainable development. Launched on January 24, 2024, the scheme supports private firms and public sector undertakings (PSUs) in developing coal gasification projects. The…
Global shift towards sustainable energy drives $3.1 trillion investment surge
Author: PPD Team Date: 07/11/2024 A new report from the International Solar Alliance (ISA) highlights a global increase in sustainable energy investments, rising from $2.4 trillion in 2018 to an expected $3.1 trillion by 2024, with solar energy dominating green investments. Solar alone now accounts for 59 per cent of these investments, primarily due to decreasing technology costs and a surge in support from the Asia-Pacific (APAC) region, which has emerged as the leading investor….