Author: PPD Team Date: 25/11/2024
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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…
Alcazar Energy signs MoU for 2 GW onshore wind farm in Egypt
Author: PPD Team Date: 18/11/2024 Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release of up…
O2 Power wins 200 MW in SECI’s auction for renewable energy supply
Author: PPD Team Date: 06/01/2025 Altra Xergi Power, a subsidiary of O2 Power, secured 200 MW in SECI’s auction for 8,000 MWh (2,000 MW x 4 hours) of peak renewable energy supply from ISTS-connected projects under tariff-based competitive bidding (FDRE-VI). The winning tariff was Rs 8.50 per kWh. The auction saw participation from ACME Solar Holdings and Avaada Energy, with the total capacity revised to 656 MW due to provisions allowing allocation of only 80%…
ACME commissions 90 MW solar projects in Rajasthan
Author: PPD Team Date: 13/01/2025 ACME Dhaulpur Powertech Private Limited and ACME Raisar Solar Energy Private Limited, subsidiaries of ACME Solar Holdings Private Limited, commissioned a cumulative 90 MW solar power capacity at Sanwara village in Pokhran tehsil, Jaisalmer, Rajasthan, on January 7, 2025. ACME Raisar Solar Energy: Commissioned 28 MW under the 300 MW solar power project at the 600 MW ISTS (Inter-State Transmission System) Connected Solar Power Project (Tranche-I). This marks the full…
World Bank and AfDB unveil $40bn programme for Africa
Author: PPD Team Date: 17/01/2025 The World Bank and African Development Bank (AfDB) have outlined terms for African countries to secure $40bn in power finance under the Mission 300 programme. This initiative seeks to provide electricity access to 300 million Africans by 2030, Bloomberg reports. Currently, sub-Saharan Africa’s electricity access ranges from 1% in South Sudan to 94% in South Africa, per the International Energy Agency. Mission 300 aims to connect half the population through…
Inox Wind secures 87 MW order from Continuum Green Energy
Author: PPD Team Date: 12/11/2024 Inox Wind Limited (IWL) has secured an 87 MW order from Continuum Green Energy for its 3 MW Wind Turbine Generators (WTGs). This repeat order will be executed on turnkey basis, with IWL providing multi-year operations and maintenance services post-commissioning. The projects are slated for Gujarat and Rajasthan. This addition brings Continuum’s total orders with IWL to approximately 700 MW and elevates IWL’s order book to over 3.4 GW, marking…
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…
Alcazar Energy signs MoU for 2 GW onshore wind farm in Egypt
Author: PPD Team Date: 18/11/2024 Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release of up…
O2 Power wins 200 MW in SECI’s auction for renewable energy supply
Author: PPD Team Date: 06/01/2025 Altra Xergi Power, a subsidiary of O2 Power, secured 200 MW in SECI’s auction for 8,000 MWh (2,000 MW x 4 hours) of peak renewable energy supply from ISTS-connected projects under tariff-based competitive bidding (FDRE-VI). The winning tariff was Rs 8.50 per kWh. The auction saw participation from ACME Solar Holdings and Avaada Energy, with the total capacity revised to 656 MW due to provisions allowing allocation of only 80%…
ACME commissions 90 MW solar projects in Rajasthan
Author: PPD Team Date: 13/01/2025 ACME Dhaulpur Powertech Private Limited and ACME Raisar Solar Energy Private Limited, subsidiaries of ACME Solar Holdings Private Limited, commissioned a cumulative 90 MW solar power capacity at Sanwara village in Pokhran tehsil, Jaisalmer, Rajasthan, on January 7, 2025. ACME Raisar Solar Energy: Commissioned 28 MW under the 300 MW solar power project at the 600 MW ISTS (Inter-State Transmission System) Connected Solar Power Project (Tranche-I). This marks the full…
World Bank and AfDB unveil $40bn programme for Africa
Author: PPD Team Date: 17/01/2025 The World Bank and African Development Bank (AfDB) have outlined terms for African countries to secure $40bn in power finance under the Mission 300 programme. This initiative seeks to provide electricity access to 300 million Africans by 2030, Bloomberg reports. Currently, sub-Saharan Africa’s electricity access ranges from 1% in South Sudan to 94% in South Africa, per the International Energy Agency. Mission 300 aims to connect half the population through…
Inox Wind secures 87 MW order from Continuum Green Energy
Author: PPD Team Date: 12/11/2024 Inox Wind Limited (IWL) has secured an 87 MW order from Continuum Green Energy for its 3 MW Wind Turbine Generators (WTGs). This repeat order will be executed on turnkey basis, with IWL providing multi-year operations and maintenance services post-commissioning. The projects are slated for Gujarat and Rajasthan. This addition brings Continuum’s total orders with IWL to approximately 700 MW and elevates IWL’s order book to over 3.4 GW, marking…
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…
Alcazar Energy signs MoU for 2 GW onshore wind farm in Egypt
Author: PPD Team Date: 18/11/2024 Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release of up…