Author: PPD Team Date: 02/01/2025
NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited, has invited bids for the 50 MW Andaman & Nicobar Gas Power Project.
Bids can be submitted until January 27, 2025.
The project, based on gas engine power, will be implemented in the Andaman & Nicobar Islands with a targeted completion timeline of 840 days.
Author: PPD Team Date: 30/10/2024 Polenergia and Equinor Wind Power have finalized charter agreements for crew transfer vessels (CTVs) to support the construction of the Baltyk 2 and Baltyk 3 offshore wind farms in the Polish Baltic Sea, each with a capacity of 720 MW. Project companies MFW Bałtyk II and MFW Bałtyk III, formed by the two firms, are overseeing these agreements. For each project, two CTVs have been contracted: one with UK-based Njord…
Author: PPD Team Date: 12/02/2025 Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India. The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to governments, state electricity boards, power transmission and distribution intermediaries, industrial units, and consumers. Similarly, Teerth Gopicon Private Limited has incorporated a wholly-owned subsidiary, Teerth RE 1 Private Limited, to implement rooftop solar power…
Author: PPD Team Date: 14/11/2024 Bureau Veritas has acquired Versatec Energy, a Netherlands-based technical advisory firm specializing in offshore and onshore energy. Financial terms of the acquisition remain undisclosed. This acquisition enhances Bureau Veritas’ expertise in technical compliance and industrial risk management within the energy sector, aligning with its LEAP | 28 strategy focused on renewables and low-carbon assets. The integration of Versatec Energy’s experience strengthens Bureau Veritas’ service offerings in oil and gas, nuclear,…
Author: PPD Team Date: 13/11/2024 At COP29 in Baku, Azerbaijan, leading multilateral development banks (MDBs) announced plans to collectively mobilize $120 billion annually in climate financing for low- and middle-income countries by 2030, with $42 billion dedicated to adaptation. The private sector is expected to contribute an additional $65 billion each year. High-income countries are set to receive $50 billion annually in climate finance, including $7 billion for adaptation. The MDBs exceeded their 2025 climate…
Author: PPD Team Date: 05/12/2024 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, engineering, installation, and maintenance of the plant, which will operate under a long-term power purchase agreement (PPA). Cyient DLM will source solar power directly from the facility, reducing its carbon footprint and enhancing energy efficiency. Cyient DLM CEO Anthony…
Author: PPD Team Date: 26/11/2024 AGL Energy has secured approval from the New South Wales (NSW) government to construct a A$1 billion battery energy storage system (BESS) in Newcastle. Located near Raymond Terrace, the Tomago BESS will be one of the largest batteries in NSW, capable of powering 200,000 homes during peak demand periods. The project will store energy from the grid when demand is low and release it when needed, enhancing the stability of…
Author: PPD Team Date: 30/10/2024 Polenergia and Equinor Wind Power have finalized charter agreements for crew transfer vessels (CTVs) to support the construction of the Baltyk 2 and Baltyk 3 offshore wind farms in the Polish Baltic Sea, each with a capacity of 720 MW. Project companies MFW Bałtyk II and MFW Bałtyk III, formed by the two firms, are overseeing these agreements. For each project, two CTVs have been contracted: one with UK-based Njord…
Author: PPD Team Date: 12/02/2025 Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India. The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to governments, state electricity boards, power transmission and distribution intermediaries, industrial units, and consumers. Similarly, Teerth Gopicon Private Limited has incorporated a wholly-owned subsidiary, Teerth RE 1 Private Limited, to implement rooftop solar power…
Author: PPD Team Date: 14/11/2024 Bureau Veritas has acquired Versatec Energy, a Netherlands-based technical advisory firm specializing in offshore and onshore energy. Financial terms of the acquisition remain undisclosed. This acquisition enhances Bureau Veritas’ expertise in technical compliance and industrial risk management within the energy sector, aligning with its LEAP | 28 strategy focused on renewables and low-carbon assets. The integration of Versatec Energy’s experience strengthens Bureau Veritas’ service offerings in oil and gas, nuclear,…
Author: PPD Team Date: 13/11/2024 At COP29 in Baku, Azerbaijan, leading multilateral development banks (MDBs) announced plans to collectively mobilize $120 billion annually in climate financing for low- and middle-income countries by 2030, with $42 billion dedicated to adaptation. The private sector is expected to contribute an additional $65 billion each year. High-income countries are set to receive $50 billion annually in climate finance, including $7 billion for adaptation. The MDBs exceeded their 2025 climate…
Author: PPD Team Date: 05/12/2024 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, engineering, installation, and maintenance of the plant, which will operate under a long-term power purchase agreement (PPA). Cyient DLM will source solar power directly from the facility, reducing its carbon footprint and enhancing energy efficiency. Cyient DLM CEO Anthony…
Author: PPD Team Date: 26/11/2024 AGL Energy has secured approval from the New South Wales (NSW) government to construct a A$1 billion battery energy storage system (BESS) in Newcastle. Located near Raymond Terrace, the Tomago BESS will be one of the largest batteries in NSW, capable of powering 200,000 homes during peak demand periods. The project will store energy from the grid when demand is low and release it when needed, enhancing the stability of…
Author: PPD Team Date: 30/10/2024 Polenergia and Equinor Wind Power have finalized charter agreements for crew transfer vessels (CTVs) to support the construction of the Baltyk 2 and Baltyk 3 offshore wind farms in the Polish Baltic Sea, each with a capacity of 720 MW. Project companies MFW Bałtyk II and MFW Bałtyk III, formed by the two firms, are overseeing these agreements. For each project, two CTVs have been contracted: one with UK-based Njord…
Author: PPD Team Date: 12/02/2025 Sahaj Solar Limited has established a wholly-owned subsidiary, Veracity Renewable Energy Private Limited, to develop solar power projects in India. The new entity will generate, accumulate, distribute, and supply solar power for its use or sale to governments, state electricity boards, power transmission and distribution intermediaries, industrial units, and consumers. Similarly, Teerth Gopicon Private Limited has incorporated a wholly-owned subsidiary, Teerth RE 1 Private Limited, to implement rooftop solar power…