Author: Power Peak Digest Team Pub Date: December 5, 2024 Schneider Electric has launched the Galaxy VXL uninterruptible power supply (UPS), claiming it to be the industry’s most compact, high-density UPS designed for AI, data centers, and...

Author: Power Peak Digest Team Pub Date: December 5, 2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector.  The company recently closed its first solar...

Author: Power Peak Digest Team Pub Date: December 5, 2024 Greenzo Energy India (GEIL) will collaborate with France’s EODev to introduce hydrogen fuel cell power generators in India.  Under the 20-year partnership, GEIL will distribute EODev’s...

Author: Power Peak Digest Team Pub Date: December 5, 2024 Green energy startup Glow has secured USD 30 million (approximately Rs 2.5 billion) in funding from venture capital firms Framework and Union Square Ventures.  The investment will support...

Author: Power Peak Digest Team Pub Date: December 5, 2024 Cyient DLM has signed a memorandum of understanding (MoU) with Arcedo Systems to establish a 500 kWp rooftop solar power plant at its Mysore facility.  Arcedo Systems will handle the design...

Author: Power Peak Digest Team Pub Date: December 5, 2024 The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884...

Author: Power Peak Digest Team Pub Date: December 5, 2024 British International Investment (BII) will invest USD 33.5 million (approximately Rs 2.8 billion) in three companies within India’s electric vehicle (EV) ecosystem.  The investment includes...

Author: Power Peak Digest Team Pub Date: December 5, 2024 Adani Energy Solutions (AESL) has been named the preferred bidder for a transmission project under the special purpose vehicle (SPV) “Rajasthan Part-I Power Transmission.”  The project, valued...

Author: Power Peak Digest Team Pub Date: December 4, 2024 The National Committee on Transmission (NCT) recently approved the Eastern Region Expansion Scheme-44 (ERES-44), estimated to cost Rs 3.85 billion, to be executed by Power Grid Corporation of...

Author: Power Peak Digest Team Pub Date: December 4, 2024 Suzlon has secured a 302.4 MW wind power project order from JSP Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables, in Koppal, Karnataka.  This follows a 400 MW order won in November...

Author: Power Peak Digest Team Pub Date: December 4, 2024 NTPC is in discussions with global nuclear technology leaders EDF (France), Rosatom (Russia), and Westinghouse Electric Corporation (US) to build small modular reactors (SMRs) in India.  These...

Author: Power Peak Digest Team Pub Date: December 4, 2024 The Ministry of Coal has announced the selected applicants under its Financial Incentive Scheme for coal gasification.  In Category I, which supports government public sector undertakings and...

Author: Power Peak Digest Team Pub Date: December 4, 2024 NLC India Limited’s joint venture, Neyveli Uttar Pradesh Power Limited (NUPPL), has completed a 72-hour full-load trial for the first 660 MW unit of the Ghatampur Thermal Power Station...

Author: Power Peak Digest Team Pub Date: December 4, 2024 H.G. Infra Engineering Limited has formed a wholly owned subsidiary, H.G. Banaskantha Bess Private Limited, for the battery energy storage systems (BESS) sector.  Incorporated on December 3...

Author: Power Peak Digest Team Pub Date: December 4, 2024 Discoms in Delhi have petitioned the Delhi Electricity Regulatory Commission (DERC) for a cost-reflective tariff for the 2024-25 fiscal, citing a combined revenue gap of Rs 31.62 billion in...

Author: Power Peak Digest Team Pub Date: December 4, 2024 India has 127 companies committed to net-zero targets through the science-based target initiative (SBTi), ranking sixth globally.  However, only 7% of these companies are from high-emission...

Author: Power Peak Digest Team Pub Date: December 4, 2024 Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited) has won a contract to supply solar modules for a cumulative 524 MWp solar power project in India.  The...

Author: Power Peak Digest Team Pub Date: December 4, 2024 Solex Energy Limited has won a Rs 188.74 million contract from Thenpandian Energy Innovations Private Limited to supply solar modules for a 13 MW solar photovoltaic (PV) power project in...

Author: Power Peak Digest Team Pub Date: December 4, 2024 North Eastern Electric Power Corporation Limited (NEEPCO) has invited bids for the engineering, procurement, and construction (EPC) package for the 240 MW Heo Hydro Electric Project in...

Author: Power Peak Digest Team Pub Date: December 4, 2024 The Joint Venture of Techno Electric and Engineering Company Limited (TEECL) and K. Ramachandra Rao Transmission & Projects Private Limited has secured a Rs 6.16 billion contract for...