Author: PPD Team Date: 04/11/2024
Prime Minister Narendra Modi inaugurated a 4 MW solar project in Ekta Nagar, Gujarat, valued at Rs 232.6 million.
This initiative is part of ongoing efforts to enhance the Statue of Unity area as an international tourist destination while promoting sustainable energy solutions in the region.
Author: PPD Team Date: 24/01/2025 CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets across industrial facilities, malls, schools, and universities. Additionally, the financing includes an uncommitted accordion of AED 37 million for future projects, in line with the UAE’s Net Zero 2050 strategy.
Author: PPD Team Date: 21/01/2025 Adani Electricity Mumbai Limited (AEML), a wholly owned subsidiary of Adani Energy Solutions Limited, has completed the acquisition of 100% equity shares in Superheights Infraspace Private Limited (SIPL). This follows the execution of a share purchase agreement with Adani Properties Private Limited. SIPL holds development rights for a 3,000 square metre land parcel in Bandra Kurla Complex, where AEML is developing a 220 kV extra high-voltage substation under regulatory approvals.
Author: PPD Team Date: 29/10/2024 AMPIN Energy Transition has signed an agreement with Varroc Group for an additional 27 MWp solar power project in Maharashtra, building on earlier solar installations across Maharashtra, Karnataka, Uttar Pradesh, and Tamil Nadu. This new capacity brings Varroc’s total contracted solar power with AMPIN to over 60 MWp, enabling the Group to source around 70% of its energy needs from renewable sources. The shift is expected to reduce energy costs…
Author: PPD Team Date: 07/03/2025 Hariom Pipe Industries Limited (HPIL) has secured a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW decentralised solar power projects under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0. The award was issued on March 4, 2025. The project involves developing, designing, engineering, procuring, constructing, commissioning, and maintaining solar plants. HPIL will also set up the evacuation infrastructure to deliver power to…
Author: PPD Team Date: 25/10/2024 NLC India Limited (NLCIL) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to establish a 3×125 MW lignite-based thermal power plant in Rajasthan, along with developing lignite mines to fuel the station. The initial paid-up capital for this project is set at Rs 500,000, with NLCIL holding a 74% stake and RRVUNL holding 26%. In addition, NLC India Renewables Limited, a subsidiary of…
Author: PPD Team Date: 21/02/2025 China’s clean energy investments in 2024 totalled 6.8 trillion yuan ($940 billion), approaching the $1.12 trillion global investment in fossil fuels, according to a new analysis by UK-based Carbon Brief. Despite a slowdown in growth from 40% in 2023 to 7% in 2024, Reuters reports that China’s clean energy sector remains a key economic driver. More than half of China’s clean energy investments came from its electric vehicle, battery, and…
Author: PPD Team Date: 24/01/2025 CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets across industrial facilities, malls, schools, and universities. Additionally, the financing includes an uncommitted accordion of AED 37 million for future projects, in line with the UAE’s Net Zero 2050 strategy.
Author: PPD Team Date: 21/01/2025 Adani Electricity Mumbai Limited (AEML), a wholly owned subsidiary of Adani Energy Solutions Limited, has completed the acquisition of 100% equity shares in Superheights Infraspace Private Limited (SIPL). This follows the execution of a share purchase agreement with Adani Properties Private Limited. SIPL holds development rights for a 3,000 square metre land parcel in Bandra Kurla Complex, where AEML is developing a 220 kV extra high-voltage substation under regulatory approvals.
Author: PPD Team Date: 29/10/2024 AMPIN Energy Transition has signed an agreement with Varroc Group for an additional 27 MWp solar power project in Maharashtra, building on earlier solar installations across Maharashtra, Karnataka, Uttar Pradesh, and Tamil Nadu. This new capacity brings Varroc’s total contracted solar power with AMPIN to over 60 MWp, enabling the Group to source around 70% of its energy needs from renewable sources. The shift is expected to reduce energy costs…
Author: PPD Team Date: 07/03/2025 Hariom Pipe Industries Limited (HPIL) has secured a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW decentralised solar power projects under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0. The award was issued on March 4, 2025. The project involves developing, designing, engineering, procuring, constructing, commissioning, and maintaining solar plants. HPIL will also set up the evacuation infrastructure to deliver power to…
Author: PPD Team Date: 25/10/2024 NLC India Limited (NLCIL) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) to establish a 3×125 MW lignite-based thermal power plant in Rajasthan, along with developing lignite mines to fuel the station. The initial paid-up capital for this project is set at Rs 500,000, with NLCIL holding a 74% stake and RRVUNL holding 26%. In addition, NLC India Renewables Limited, a subsidiary of…
Author: PPD Team Date: 21/02/2025 China’s clean energy investments in 2024 totalled 6.8 trillion yuan ($940 billion), approaching the $1.12 trillion global investment in fossil fuels, according to a new analysis by UK-based Carbon Brief. Despite a slowdown in growth from 40% in 2023 to 7% in 2024, Reuters reports that China’s clean energy sector remains a key economic driver. More than half of China’s clean energy investments came from its electric vehicle, battery, and…
Author: PPD Team Date: 24/01/2025 CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets across industrial facilities, malls, schools, and universities. Additionally, the financing includes an uncommitted accordion of AED 37 million for future projects, in line with the UAE’s Net Zero 2050 strategy.
Author: PPD Team Date: 21/01/2025 Adani Electricity Mumbai Limited (AEML), a wholly owned subsidiary of Adani Energy Solutions Limited, has completed the acquisition of 100% equity shares in Superheights Infraspace Private Limited (SIPL). This follows the execution of a share purchase agreement with Adani Properties Private Limited. SIPL holds development rights for a 3,000 square metre land parcel in Bandra Kurla Complex, where AEML is developing a 220 kV extra high-voltage substation under regulatory approvals.