Author: PPD Team Date: 27/11/2024
On the third day of the 10th round of commercial coal mine auctions, Orissa Alloy Steel Private Limited secured the partially explored Kerendari-BC North coal block in Jharkhand, which has geological reserves of 600 million tonnes.
The company submitted the highest bid of 23.25% against a reserve price of 4%.
Author: PPD Team Date: 04/11/2024 Canadian Solar’s subsidiary Recurrent Energy has signed two 20-year tolling agreements with Arizona Public Service Company (APS), set to boost Arizona’s renewable energy capacity by 2026. The agreements cover the Desert Bloom Storage (600MWh) and Papago Solar (150MWac) projects, both located in Maricopa County, with construction starting in 2025 and operations slated for 2026. These projects join last year’s 20-year tolling agreement for the 1,200MWh Papago Storage project, which will…
Author: PPD Team Date: 12/11/2024 ScottishPower Renewables has entered a £1 billion ($1.2 billion) agreement with Siemens Gamesa to supply 64 SG 14-236 DD turbines, each rated at 15MW, for the East Anglia 2 (EA2) offshore wind farm off England’s east coast. With a capacity close to 1GW, EA2 will generate enough energy to power nearly one million homes, supporting the UK’s mission to lead in clean energy. The turbines feature 236m rotor diameters, with…
Author: PPD Team Date: 05/11/2024 Insolation Energy Limited has won a contract valued at Rs 5 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to install 77 MW of rooftop solar power systems across Rajasthan. The project includes the design, supply, erection, testing, commissioning, and installation of rooftop solar photovoltaic (PV) systems on state government and government-owned buildings in Jaipur, Ajmer, and Kota districts. Under the contract, a 67 MW solar plant will be set…
Author: PPD Team Date: 22/11/2024 On November 19, 2024, the Hungarian government introduced a bill to its parliament seeking to amend the existing contract with Russia’s Rosatom for the expansion of the Paks nuclear power plant. The Paks expansion, valued at €12.5 billion ($13.2 billion), includes two 1.2 GW VVER reactors and is critical for Hungary’s energy strategy. The plant currently supplies 40% of the country’s electricity. Delays stemming from permitting challenges, the Covid-19 pandemic,…
Author: PPD Team Date: 30/10/2024 The UK and Scottish governments have announced a collaborative proposal to reform the consent process for clean energy projects in Scotland. The Department of Energy Security and Net Zero has outlined plans to modernize outdated legislation, aiming to reduce the approval time for large electricity infrastructure projects, which currently can extend up to four years. This initiative seeks to bring Scotland’s approval timeline in line with recent legislative changes in…
Author: PPD Team Date: 07/04/2025 Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025. The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as part of L&T’s strategy to scale up its presence in the green hydrogen sector. Earlier…