Nova Clean Energy gains agreements for 1GW power projects in Texas
Author: PPD Team Date: November 4, 2024
Author: PPD Team Date: November 4, 2024
Nova Clean Energy has executed interconnection agreements and high-voltage equipment supply contracts for a portfolio of wind power projects in Texas, aiming to deliver up to 1 gigawatt of clean energy to the state’s power grid.Â
The portfolio includes multi-phase wind projects in the Delaware Basin and central Gulf Coast, with co-located battery storage to enhance grid reliability.
Construction is set to begin in late 2025, with power delivery expected by winter 2026. Additionally, Nova is finalizing agreements for 500MW of solar and storage projects within Texas. These initiatives address Texas’s accelerating energy demand, driven by sectors such as oil and gas, petrochemicals, green fuels, and data centres.
Bluestar Energy Capital is the majority owner of Nova Clean Energy, with Great Bay Renewables as a co-investor. In April 2024, Nova expanded its portfolio by acquiring 1GW of wind and solar projects from BNB Renewable Energy. Bluestar further broadened its renewable energy footprint by launching Noveria Energy, focusing on European battery energy storage, in July 2024.
Author: PPD Team Date: December 8, 2025 Tata Power Renewable Energy Limited has signed an MoU with UCO Bank to support the wider adoption of rooftop solar systems in India. The partnership focuses on easier and lower-cost financing aligned with the PM Surya Ghar: Muft Bijli Yojana. Under the agreement, UCO Bank will extend loans to salaried and self-employed consumers through the UCO Suryodaya Scheme. Customers can borrow up to Rs 0.2 million at a…
Author: PPD Team Date: January 14, 2025 The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has committed USD 20 million to CME Solarin Vietnam to develop a pipeline of rooftop solar projects, potentially scaling to over 260 MWp. This investment supports Vietnam’s green growth goals and accelerates the energy transition in key industries like electronics, textiles, and manufacturing. With coal accounting for 45% of Vietnam’s energy supply, this initiative aims to…
Author: PPD Team Date: November 19, 2024 Saatvik Green Energy Private Limited has secured a supply order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at 250 locations across Maharashtra. The pumps, ranging from 3 horsepower (HP) to 7.5 HP, aim to enhance water accessibility and support irrigation needs, contributing to sustainable agricultural practices in the region.
Author: PPD Team Date: July 4, 2025 CESC Limited has launched a Rs 2.26 billion infrastructure upgrade project to improve the electricity supply in Kodagu district, Karnataka. The focus is on addressing long-standing power reliability issues, especially in forested and hilly areas. The project involves repairs to 536 km of distribution lines and system strengthening across five subdivisions: Madikeri, Kushalnagar, Somwarpet, Gonikoppa, and Virajpet. Area-wise allocations are as follows: Madikeri (Rs 0.49 billion), Kushalnagar (Rs…
Author: PPD Team Date: July 16, 2025 The Chhattisgarh government has revised electricity tariffs for the financial year 2025–26, with new rates in effect from July 1. While the changes include targeted rebates for rural and tribal regions, domestic and non-domestic users will see an increase in their monthly electricity bills. According to The Times of India, a 10 per cent rebate will now be offered to mobile towers located in Left-Wing Extremism (LWE)-affected areas…
Author: PPD Team Date: September 26, 2025 Oil and Natural Gas Corporation (ONGC) plans to expand its renewable energy portfolio to 2.5–3 gigawatts (GW) by 2030, Executive Director Satyan Kumar said on September 24, 2025. The company currently holds about 2.5 GW of renewable capacity. Kumar also said ONGC intends to import 3 million tons of liquefied natural gas (LNG) per year under long-term agreements. Some of these contracts could be finalised within the next…