Author: PPD Team Date: 02/01/2025
Similar Posts
Indus Towers invests in 50 MW captive solar project
Author: PPD Team Date: 05/02/2025 Indus Towers Limited (ITL) has signed an agreement with Amplus Energy Solutions Private Limited to set up a 50 MW captive solar photovoltaic (PV) power project in India. As part of the agreement, ITL will invest Rs 270 million to acquire a 26 per cent equity stake in Amplus Tungabhadra Private Limited, the special purpose vehicle (SPV) for the project. The project is expected to be completed by February 2026….
ACWA Power signs PPA for 2 GW wind project in Egypt
Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s share in its electricity generation mix to 42% by 2030. It is also projected to…
AMPIN Energy to supply 9.9 MWp solar power to Poly Medicure
Author: PPD Team Date: 03/04/2025 AMPIN Energy Transition has signed a power purchase agreement (PPA) with Poly Medicure Limited to supply 9.9 MWp of solar power from its 75 MWp solar park in Kurungawali, Sirsa, Haryana. This agreement will provide renewable energy for Poly Medicure’s operations, supporting its push toward sustainable manufacturing. This marks Poly Medicure’s first off-site solar PPA, replacing 35 per cent of conventional power across its five manufacturing plants in Faridabad. The…
Waaree Solar Americas starts commercial production of solar modules in Texas
Author: PPD Team Date: 24/01/2025 Waaree Solar Americas, a wholly-owned subsidiary of Waaree Energies Limited (WEL), has begun the commercial production of solar modules at its manufacturing facility in Brookshire, Texas, with a capacity of 1,600 MW. This facility marks a key step in localising solar module manufacturing in the United States, supporting job creation and reducing dependence on imported solar products. The Texas plant will produce high-quality photovoltaic modules to meet the growing demand…
NorthWestern acquires 10% stake in North Plains Connector HVDC project
Author: PPD Team Date: 16/12/2024 NorthWestern Energy has entered into a memorandum of understanding (MoU) with Grid United’s North Plains Connector to acquire a 10% stake in the 3GW HVDC transmission line project. The 420-mile (676 km) transmission line will link Bismarck, North Dakota, and Colstrip, Montana. Grid United will fund the development of the North Plains Connector, with NorthWestern Energy’s investment contingent on regulatory approvals. The project, developed jointly with ALLETE, will also involve…
Alpex Solar secures Rs 2.11 billion contract for SECI’s CPSU project
Author: PPD Team Date: 03/03/2025 Alpex Solar Private Limited has secured a Rs 2.11 billion contract from the Solar Energy Corporation of India (SECI) to supply 97.5 MWp of Domestic Content Requirement (DCR) solar PV modules for a 300 MW/390 MWp project in Ramagiri, Andhra Pradesh. This contract is part of SECI’s 1,200 MW CPSU (Tranche-III) scheme, aimed at developing a grid-connected solar PV power plant with viability gap funding (VGF) support for government use….
Indus Towers invests in 50 MW captive solar project
Author: PPD Team Date: 05/02/2025 Indus Towers Limited (ITL) has signed an agreement with Amplus Energy Solutions Private Limited to set up a 50 MW captive solar photovoltaic (PV) power project in India. As part of the agreement, ITL will invest Rs 270 million to acquire a 26 per cent equity stake in Amplus Tungabhadra Private Limited, the special purpose vehicle (SPV) for the project. The project is expected to be completed by February 2026….
ACWA Power signs PPA for 2 GW wind project in Egypt
Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s share in its electricity generation mix to 42% by 2030. It is also projected to…
AMPIN Energy to supply 9.9 MWp solar power to Poly Medicure
Author: PPD Team Date: 03/04/2025 AMPIN Energy Transition has signed a power purchase agreement (PPA) with Poly Medicure Limited to supply 9.9 MWp of solar power from its 75 MWp solar park in Kurungawali, Sirsa, Haryana. This agreement will provide renewable energy for Poly Medicure’s operations, supporting its push toward sustainable manufacturing. This marks Poly Medicure’s first off-site solar PPA, replacing 35 per cent of conventional power across its five manufacturing plants in Faridabad. The…
Waaree Solar Americas starts commercial production of solar modules in Texas
Author: PPD Team Date: 24/01/2025 Waaree Solar Americas, a wholly-owned subsidiary of Waaree Energies Limited (WEL), has begun the commercial production of solar modules at its manufacturing facility in Brookshire, Texas, with a capacity of 1,600 MW. This facility marks a key step in localising solar module manufacturing in the United States, supporting job creation and reducing dependence on imported solar products. The Texas plant will produce high-quality photovoltaic modules to meet the growing demand…
NorthWestern acquires 10% stake in North Plains Connector HVDC project
Author: PPD Team Date: 16/12/2024 NorthWestern Energy has entered into a memorandum of understanding (MoU) with Grid United’s North Plains Connector to acquire a 10% stake in the 3GW HVDC transmission line project. The 420-mile (676 km) transmission line will link Bismarck, North Dakota, and Colstrip, Montana. Grid United will fund the development of the North Plains Connector, with NorthWestern Energy’s investment contingent on regulatory approvals. The project, developed jointly with ALLETE, will also involve…
Alpex Solar secures Rs 2.11 billion contract for SECI’s CPSU project
Author: PPD Team Date: 03/03/2025 Alpex Solar Private Limited has secured a Rs 2.11 billion contract from the Solar Energy Corporation of India (SECI) to supply 97.5 MWp of Domestic Content Requirement (DCR) solar PV modules for a 300 MW/390 MWp project in Ramagiri, Andhra Pradesh. This contract is part of SECI’s 1,200 MW CPSU (Tranche-III) scheme, aimed at developing a grid-connected solar PV power plant with viability gap funding (VGF) support for government use….
Indus Towers invests in 50 MW captive solar project
Author: PPD Team Date: 05/02/2025 Indus Towers Limited (ITL) has signed an agreement with Amplus Energy Solutions Private Limited to set up a 50 MW captive solar photovoltaic (PV) power project in India. As part of the agreement, ITL will invest Rs 270 million to acquire a 26 per cent equity stake in Amplus Tungabhadra Private Limited, the special purpose vehicle (SPV) for the project. The project is expected to be completed by February 2026….
ACWA Power signs PPA for 2 GW wind project in Egypt
Author: PPD Team Date: 20/02/2025 ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial close in 2026. The wind project will contribute to Egypt’s goal of increasing renewable energy’s share in its electricity generation mix to 42% by 2030. It is also projected to…