Author: Power Peak Digest Team Pub Date: January 3, 2025
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Construction begins on ACT’s 250 MW Williamsdale BESS
Author: Power Peak Digest Team Pub Date: November 25, 2024 The Australian Capital Territory (ACT) government and Eku Energy have commenced construction of the Williamsdale Battery Energy Storage System (BESS), a 250 MW/500 MWh project under the ACT Government’s Big Canberra Battery initiative. Scheduled to begin operations in 2026, the BESS will store enough renewable energy to power one-third of Canberra for two hours during peak demand, playing a pivotal role in achieving the ACT’s…
Powergrid to raise up to Rs 42.50 billion via 10-year bonds
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Sterlite Power secures Rs 545 million OPGW contract from PGCIL
Author: Power Peak Digest Team Pub Date: November 26, 2024 Sterlite Power Transmission Ltd has been awarded a contract valued at Rs 545 million by Power Grid Corporation of India Limited (PGCIL) for the supply and installation of Optical Ground Wire (OPGW) under the 9th and 11th National Communication Trunk (NCT) projects. The scope includes installing OPGW on existing main lines that are looped in and out (LILOed) under various transmission schemes in the Northern…
DVC signs PPAs with GUVNL to supply 559 MW of power
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Welspun New Energy to invest Rs 135 billion in Odisha’s energy projects
Author: Power Peak Digest Team Pub Date: February 5, 2025 Welspun New Energy has signed a Memorandum of Understanding (MoU) with the Government of Odisha to invest Rs 135 billion in the state’s renewable energy sector. The investment includes plans for a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project. These initiatives aim to boost Odisha’s energy storage capacity and support the integration of renewable energy into the grid, aligning…
Sunsure Energy secures Rs 100 billion debt financing from REC
Author: Power Peak Digest Team Pub Date: September 21, 2024 Sunsure Energy has signed an agreement with REC for debt financing worth Rs 100 billion to support the development of 3 GW of solar, wind, hybrid, and battery energy storage system (BESS) projects. The deal was inked during the fourth Global RE-Invest Meet and Expo organized by the Ministry of New and Renewable Energy (MNRE) in Gujarat. This financing will enable Sunsure Energy to expand…