Power Sector News Roundup for January 28, 2025

Author: PPD Team Date: 05/02/2025 Global: Desert Quartzite solar+storage project achieves operational status Amazon and Iberdrola expand renewable energy partnership Stavian Group to invest USD 22 million in battery storage project in Vietnam India: PGCIL approves investment for Gujarat offshore transmission system projects PGCIL reports Q3 FY25 net profit of Rs 38.61 billion, a 4.15% decline Lords Mark wins 300 MW rooftop solar project contract from UPNEDA Indus Towers invests in 50 MW captive solar…

Author: PPD Team Date: 14/01/2025 Global: PPC Renewables orders 100 MW of wind turbines for Greek projects Constellation to acquire Calpine for $16.4bn in cash and stock deal Europe’s wind power growth falls short of 2030 targets GenusPlus secures A$270m contract for Clean Energy Link project in WA Deye unveils Micro Hybrid energy storage system EAAIF commits USD 20 million to CME Solar in Vietnam GE Vernova secures order for 14 turbines for wind farms…

Author: PPD Team Date: 12/12/2024 Global: Solar Landscape raises $847 million for rooftop solar projects Acadia leads $9bn renewable energy initiative with Microsoft Zimbabwe secures $250m for floating solar project at Kariba Dam Eemshaven Port chosen for OranjeWind offshore wind project Europe pushes to boost industrial competitiveness and decarbonization Investors propose taking ReNew Energy Global private in $2.82 billion deal Montenegro plans coal plant shutdown by 2041 Albania allows solar and wind power installations on…

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…