NTPC signs MoU with Bihar for battery and renewable energy projects
Author: PPD Team Date: July 28, 2025
Author: PPD Team Date: July 28, 2025
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with Bihar State Power Generation Company Limited (BSPGCL) for the development of battery energy storage and renewable energy projects in Bihar.
The agreement was signed on July 26, 2025, as per the press release. NGEL CEO Sarit Maheswari and BSPGCL Director Technical Abdesh Kumar Singh signed the MoU in the presence of Bihar’s Energy, Planning and Development Minister Bijendra Prasad Yadav and Industries Minister Nitish Mishra, along with senior state officials.
The collaboration will contribute to Bihar’s clean energy goals and aligns with national efforts to expand renewable energy and storage infrastructure.
Author: PPD Team Date: December 5, 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 in construction debt financing from KfW IPEX-Bank, with market advisory from Aurora Energy Research, and an additional $100 million in takeout financing from the Arkansas Teacher Retirement System (ATRS). The 500-acre solar facility is expected…
Author: PPD Team Date: May 23, 2025 Inox Green Energy Services Limited has signed agreements to provide operation and maintenance (O&M) services for 639 MWp of solar projects. These projects are owned by a major Indian renewable energy company backed by a global energy corporation and are spread across various locations. With this, Inox Green’s solar O&M portfolio has grown to 1.6 GW. Its total renewable energy O&M portfolio now exceeds 5 GW. This announcement…
Author: PPD Team Date: January 21, 2025 Adani Energy Solutions Ltd (AESL) officially acquired Rajasthan Part I Power Transmission Ltd from REC Power Development & Consultancy Ltd (RECPDCL) on January 20, 2025. AESL emerged as the winning bidder with an annual transmission charge of Rs 35,570 million, outbidding three other contenders: Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and IndiGrid. The project, estimated to cost Rs 227 billion, involves setting up two 6,000…
Author: PPD Team Date: February 19, 2026 CleanMax Enviro Energy has fixed a price band of Rs 1,000 to Rs 1,053 per share for its initial public offering (IPO). The issue will open for subscription on February 23, 2026, and close on February 25, marking a listing focused on the private-sector renewable energy market. The IPO comprises a fresh issue of shares worth up to Rs 1,200 crore and an offer-for-sale (OFS) of up to…
Author: PPD Team Date: November 21, 2024 Sungrow announced that it has signed a strategic agreement with Fidra Energy to deliver 4.4 GWh of energy storage capacity. This is part of Fidra’s goal to establish a 10GW battery energy storage system (BESS) platform across the UK and Europe by 2030. Sungrow will supply its PowerTitan 2.0 liquid-cooled energy storage system and provide long-term maintenance services for two flagship UK projects under this partnership. The first…
Author: PPD Team Date: November 14, 2024 Capital Dynamics has obtained £48.5 million ($61.4 million) in funding for its first Scottish onshore wind projects, totaling 193 MW in capacity. The funding, directed to Capital Dynamics’ Clean Energy UK Fund, was provided by Border to Coast Pensions Partnership, the UK’s largest Local Government Pension Scheme pool. This investment marks Border to Coast’s initial venture in its UK Opportunities portfolio, focused on financing essential infrastructure to support…