Power Sector News Roundup for February 19, 2025

Author: PPD Team Date: 01/03/2025 Global: Renewable energy cannibalization lowers solar market revenues in Europe India: Greenko’s new pumped storage projects in Assam, MP, Odisha Adani Green wins 1,250 MW pumped storage project in Uttar Pradesh Waaree and Bhagyanagar secure solar contracts Madhya Pradesh secures MoUs for RE projects at Global Investors Summit Adani Green and Madhav Infra commission solar projects in Gujarat KP Energy fully commissions 28.6 MW wind power project in Gujarat Shakti…

Author: PPD Team Date: 23/01/2025 Global: United Group invests €120m in green electricity production in Bulgaria Mitsubishi completes 1.4GW Hin Kong GTCC power plant in Thailand Mongolia partners with EBRD to boost renewable energy sector Lhyfe and Masdar to develop large-scale green hydrogen projects in Europe Trincomalee Power to develop 50 MW solar project in Sri Lanka Nesma Infrastructure wins contract for Riyadh 380 kV substation Vestas secures turbines order for Ukraine’s largest wind energy…

Author: PPD Team Date: 11/11/2024 Global: COP29: IEEFA urges banks to reorient lending for renewables; $400 billion annual funding shortfall identified Tongyeong Eco Power’s 1GW LNG plant begins operations in South Korea Oklo secures environmental permit for fission power plant in the United States India: Battery storage critical for India’s shift from coal; renewable capacity lags behind TERI unveils policy brief outlining India’s green hydrogen roadmap towards decarbonization India’s climate policies poised to cut 4…

Author: PPD Team Date: 29/01/2025 Global: Vena Energy and CIP awarded offtake contract for Taean Wind Project in South Korea Chevron, Engine No.1, GE Vernova to build first U.S. multi-GW power plant, data center EU to provide €30m aid to Moldova for energy crisis relief India: Avaada Group to invest Rs 207 billion in renewable energy projects in Odisha BEE and TERI to establish energy transition centre in Hyderabad Arunachal Pradesh begins pre-feasibility tests for…

Author: PPD Team Date: 18/03/2025 Global: Poland finalizes energy storage subsidy program for 5 GWh deployment India: Three new renewable energy deals signed for wind and solar projects Andhra Pradesh releases operational guidelines for Integrated Clean Energy Policy 2024 Variate Consultants JV wins 15 MW solar project in Maharashtra Vindhya Telelinks and Ecoplanet JV win Rs 2.07 bn solar project in Madhya Pradesh NTPC commissions 105 MW solar unit in Madhya Pradesh India commissions third…