Author: PPD Team Date: 26/11/2024
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RVNL plans 300 MW wind-solar hybrid project with energy storage
Author: PPD Team Date: 07/05/2025 Rail Vikas Nigam Limited (RVNL) is planning to develop a 300 MW wind-solar hybrid power project with an energy storage system (ESS) in India. The project is estimated to cost Rs 15 billion. RVNL is exploring potential locations for the project in Bihar, Jharkhand, or Karnataka. The company will oversee infrastructure development, including transmission systems, while partnering companies will provide expertise in technology, solar modules, and wind components.
Iberdrola explores sale of UK smart metering business to raise £1bn
Author: PPD Team Date: 13/12/2024 Spanish utility Iberdrola is considering the sale of its UK smart metering business, aiming to raise £1 billion ($1.27 billion), according to Reuters. The company is working with the Royal Bank of Canada as an adviser on the deal, though the sale process is in its early stages and no deal is guaranteed. The potential sale is part of Iberdrola’s larger £24 billion investment plan for its UK arm, ScottishPower,…