Author: PPD Team Date: 13/11/2024
NTPC Vidyut Vyapar Nigam (NVVN) has released a tender for the installation of 7.2 MW of grid-connected rooftop solar systems across 26 Assam Rifles buildings in Nagaland, Manipur, and Assam.
The bid submission deadline is December 2, 2024.
The project scope covers design, engineering, supply, civil construction, erection, testing, commissioning, and the inclusion of a solar module cleaning system, remote monitoring, and ten years of operation and maintenance.
Author: PPD Team Date: 04/02/2025 Investment in the global low-carbon energy transition rose 11% in 2024, reaching $2.1 trillion, as reported by BloombergNEF’s Energy Transition Investment Trends 2025. Key drivers of this growth were electrified transport, renewable energy, and power grids, although the pace of growth was slower compared to previous years. Electrified transport saw the largest investment surge, with $757 billion directed toward passenger electric vehicles (EVs), electric two and three-wheelers, commercial EVs, public…
Author: PPD Team Date: 24/01/2025 Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of high-voltage transmission lines, 1,627 MVA capacity substations, and repairing 309 transformers and over 6,400 km of transmission lines. The grid also integrated renewable energy projects, connecting 763 MW of solar and…
Author: PPD Team Date: 13/12/2024 The UK Office of Gas and Electricity Markets (Ofgem) has proposed reforms to address household energy debts, which have surged to £4bn ($5.1bn). The regulator suggests changes such as introducing tariffs without standing charges and standardizing how suppliers assess customers’ payment abilities. Energy debts have risen by 91% since 2022, reaching £3.82bn ($4.87bn) by September 2024. Despite reductions in energy bills under Ofgem’s price cap since the energy crisis triggered…
Author: PPD Team Date: 01/04/2025 Indian Renewable Energy Development Agency Limited (IREDA) has secured a loan facility worth approximately $172 million from the State Bank of India (SBI) Tokyo. The loan includes a greenshoe option of around $66.2 million through external commercial borrowings. Structured as a five-year unsecured facility with a bullet repayment at maturity, the loan is expected to have a landed cost below 7 percent after hedging. IREDA plans to use the funds…
Author: PPD Team Date: 04/12/2024 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 contract, awarded on December 2, 2024, includes 364 MWp and 160 MWp capacities, with module supplies slated to commence in FY 2025 and FY 2026, respectively.
Author: PPD Team Date: 26/11/2024 WAPCOS Limited, a Mini Ratna PSU under India’s Ministry of Jal Shakti, has issued a tender inviting local Togolese agencies to conduct an Environmental and Social Impact Assessment (ESIA) for a solar electrification initiative. Funded by the EXIM Bank of India, the project aims to electrify 350 rural villages in Togo using solar photovoltaic systems. It seeks to reduce fossil fuel dependency, enhance energy access, and foster sustainable socio-economic growth….