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RECPDCL incorporates new SPVs for RE-linked transmission projects
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has set up three new Special Purpose Vehicles (SPVs) to implement upcoming transmission infrastructure projects. The three newly incorporated SPVs are: Ananthapuram II Power Transmission Limited, for the Transmission System for Integration of Ananthapuram-II REZ – Phase-II (3 GW). Davanagere…
Ormat Technologies to build 101MW geothermal plant in New Zealand
Ormat Technologies has signed a $200 million engineering, procurement, and construction (EPC) contract with Contact Energy for the development of the 101 MW Te Mihi Stage 2 geothermal power plant in New Zealand. Scheduled for completion by mid-2027, this project will contribute to New Zealand’s renewable energy goals by gradually replacing the 1950s-built Wairakei geothermal…
MPERC amends grid code for renewables, storage and thermal plants
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has notified the First Amendment to the Madhya Pradesh Electricity Grid Code (Revision-III), 2024, introducing changes to the operation of renewable energy projects, energy storage systems (ESSs), thermal generating stations and hydro projects. Infirm power period reduced The amendment reduces the maximum period for injection of infirm power…
EDF India and Actis form JV to develop smart metering infrastructure
EDF India and Actis have formed a joint venture (JV) to develop and operate an advanced metering infrastructure service provider (AMISP) platform in India. The initiative aims to enhance operational efficiency, reduce losses, and improve financial sustainability for power distribution companies. EDF India, a subsidiary of Électricité de France (EDF), has been active in India’s…
Vena Energy and CIP awarded offtake contract for Taean Wind Project in South Korea
Vena Energy and Copenhagen Infrastructure Partners (CIP) have secured an offtake contract for their joint 500 MW Taean Wind Project in South Korea, awarded in the Wind Power Fixed-Price Contract Auction by the Korea Energy Agency (KEA). The fixed-bottom offshore wind project is slated for construction in the second half of 2026, with commercial operations…
Waaree adds 1.5 GW module capacity at Samakhiali
Waaree Energies Limited has reported that its wholly owned subsidiary, Sangam Solar One Private Limited, has started operations at a new solar module manufacturing facility in Samakhiali, Kutch, Gujarat. The plant has an annual production capacity of 1,500 MW through two lines of 750 MW each. The company stated that the facility began operations on…
