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GE Vernova secures contract with 50Hertz for grid-stabilizing technology in Germany

Author: PPD Team Date: 05/12/2024 GE Vernova Inc. has secured a contract with 50Hertz Transmission GmbH, one of Germany’s four transmission system operators, to deliver advanced grid-stabilizing technology to enhance the reliability of Germany’s...

Tata Projects completes Barapukuria-Bogra transmission line in Bangladesh

Author: PPD Team Date: 05/12/2024 Tata Projects Ltd, in collaboration with the Power Grid Company of Bangladesh (PGCB), has completed the 112-km, 400-kV double-circuit Barapukuria-Bogra transmission line project, valued at $120 million.  The project...

Alpha Omega Power acquires Caballero battery project in California

Author: PPD Team Date: 05/12/2024 Alpha Omega Power (AOP) has acquired and secured financing for the 100 MW/400 MWh Caballero battery energy storage project located in Nipomo, California.  Developed in partnership with Fengate Asset Management, the...

COP29 operationalises international carbon market governance

Author: PPD Team Date: 05/12/2024 At COP29 held in Baku, Azerbaijan, a key milestone in climate governance was reached with the operationalisation of international carbon market governance.  This progress is significant as it marks the first time...

Green & Clean Power raises $300 million for solar and storage project in Arkansas

Author: PPD Team Date: 05/12/2024 US-based Green & Clean Power (GCP) has secured $300 million in debt and equity financing to develop a solar energy generation and battery storage facility in Osceola, Arkansas.  The funding includes $165 million...

Biden administration surpasses $100 billion in clean energy grants under IRA

Author: PPD Team Date: 05/12/2024 The Biden administration has surpassed $100 billion in clean energy grants through the Inflation Reduction Act (IRA), as confirmed by John Podesta, the president’s senior advisor for international climate policy.  ...

Hinkley Point C installs first new nuclear reactor in over 30 years

Author: PPD Team Date: 05/12/2024 Hinkley Point C, located in Somerset, southwest England, has achieved a significant milestone with the installation of Britain’s first new nuclear reactor in more than 30 years.  The installation of the first of two...

Eco Wave Power to launch Israel’s first wave energy project

Author: PPD Team Date: 05/12/2024 Eco Wave Power Global, a leader in onshore wave energy technology, is set to inaugurate Israel’s first wave energy project in collaboration with EDF Renewables Israel.  The pilot station, located at Warehouse 2...

Longroad Energy closes financing for 111MW Sun Pond solar project

Author: PPD Team Date: 05/12/2024 US-based renewable energy developer Longroad Energy has reached the financial close for the Sun Pond project, a 111MWdc solar and 85MWac/340MWh storage initiative located in Maricopa County, Arizona.  The project...

Centrica and EDF extend operational life of UK nuclear power stations

Author: PPD Team Date: 05/12/2024 Centrica, in partnership with EDF, has announced the extension of the operational lives of its four advanced gas-cooled reactor nuclear power stations.  Heysham 1 and Hartlepool will now operate until March 2027...

Westinghouse’s eVinci microreactor receives NRC approval for control system

Author: PPD Team Date: 05/12/2024 Westinghouse Electric Company has achieved a significant milestone with the approval of the eVinci microreactor’s Advanced Logic System (ALS) Version 2 instrumentation and control (I&C) platform by the US Nuclear...

Hitachi Energy invests $47m to expand high-voltage factory in Brno

Author: PPD Team Date: 05/12/2024 Hitachi Energy is investing over CZK1.1bn ($47m) to expand its High Voltage Products factory in Brno, Czech Republic.  This expansion, expected to be completed by the end of 2025, aims to increase the factory’s...

Shell reduces offshore wind investments, restructures power division

Author: PPD Team Date: 05/12/2024 Shell is scaling back its offshore wind investments and restructuring its power division following a comprehensive review.  This shift aligns with CEO Wael Sawan’s strategy to focus on high-return activities...

EQT and GIC acquire majority stake in UK company Calisen

Author: PPD Team Date: 04/12/2024 EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs...

CrossBoundary Energy secures $140m from Standard Bank

Author: PPD Team Date: 04/12/2024 CrossBoundary Energy has secured a $140 million senior debt commitment from Standard Bank of South Africa to scale its renewable energy portfolio across Africa.  The financing marks the first tranche of a broader...

Panasonic opens RE100 renewable-powered manufacturing plant in Wales

Author: PPD Team Date: 04/12/2024 Panasonic Manufacturing UK has launched its RE100 facility in Cardiff, Wales, powered entirely by renewable energy sources including hydrogen fuel cells, solar photovoltaic (PV) power, and battery storage.  The...

Axpo Nordic signs 10-year electricity contract with Hydro Energi

Author: PPD Team Date: 04/12/2024 Axpo Nordic has entered a ten-year agreement with Norway-based Hydro Energi to supply 2.63 TWh of electricity between 2026 and 2035.  The electricity will be delivered in the Swedish price area SE2, strengthening...

PGE signs PPA with Avangrid for 120 MW solar project

Author: PPD Team Date: 04/12/2024 Portland General Electric (PGE) has entered a power purchase agreement (PPA) with Avangrid, a member of the Iberdrola Group, to procure power from the 120 MWac (166 MWdc) Tower Solar project in Morrow County...

Equinix signs second renewable energy PPA with Sembcorp Power

Author: PPD Team Date: 04/12/2024 Equinix has entered its second power purchase agreement with Sembcorp Power to source renewable energy.  The project, with a maximum capacity of 58.5 MWp, will be developed on JTC properties on Jurong Island.  This...

US imposes preliminary antidumping tariffs on Southeast Asian solar imports

Author: PPD Team Date: 04/12/2024 The US Department of Commerce has announced preliminary antidumping tariffs ranging from 21.31% to 271.28% on crystalline solar cells imported from Cambodia, Malaysia, Thailand, and Vietnam.   China’s JinkoSolar will...

Recent Posts

41 bids received for 11 coal blocks under 12th round of commercial auction

Author: PPD Team Date: 17/06/2025 The Ministry of Coal opened bids for the 12th round of commercial...

DGT and Shell India launch EV and green skills training in five states

Author: PPD Team Date: 17/06/2025 The Directorate General of Training (DGT), under the Ministry of...

Rayzon Solar to file Rs 15 billion IPO papers with SEBI

Author: PPD Team Date: 17/06/2025 Rayzon Solar Limited plans to file draft papers with the...

Power Ministry updates contract rules, invites experts for hydro dispute resolution

Author: PPD Team Date: 17/06/2025 On June 16, 2025, the Ministry of Power issued amendments to its...

MNRE invites proposals for innovation challenge on solar and battery circularity

Author: PPD Team Date: 17/06/2025 The Ministry of New and Renewable Energy (MNRE) has launched a...

Amara Raja wins 765 kV substation contract for offshore wind project

Author: PPD Team Date: 17/06/2025 Amara Raja Infra Private Limited has secured a contract for the...

KEC wins substation and transmission contract in West Bengal

Author: PPD Team Date: 17/06/2025 KEC International Limited has secured a contract worth Rs 4,076.21...

APL Apollo SunSteel wins Rs 2,660 million solar structure contracts

Author: PPD Team Date: 17/06/2025 APL Apollo SunSteel, the solar brand of SG Mart Limited, has...

ACME, NHPC sign PPA for 250 MW FDRE project in Rajasthan

Author: PPD Team Date: 17/06/2025 ACME Solar Holdings Private Limited has signed a 25-year power...