Author: PPD Team Date: 27/11/2024
Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024.
The contracts include Rs 9.64 billion for solar modules and Rs 1.23 billion for solar cells.
Deliveries are expected to commence in January 2025.
Author: PPD Team Date: 06/02/2025 RMC Switchgears has received a Rs 1.08 billion work order to develop distribution infrastructure in select districts of Gujarat. The project involves installing 11 kV underground cables and ring main unit (RMU) systems to strengthen the region’s power distribution network. In a separate development, Ultracab (India), a manufacturer of electric wires and cables, has secured an order worth Rs 510.6 million from Maharashtra State Electricity Distribution Company (MSEDCL) for the…
Author: PPD Team Date: 05/02/2025 Art-PV, incubated at IIT Bombay, has received a USD 10 million grant from the Ministry of New and Renewable Energy (MNRE) to establish a manufacturing plant for high-efficiency tandem solar cells. The company’s innovative tandem cell achieves 29.8 per cent sunlight-to-electricity conversion, surpassing the 23 per cent efficiency of conventional solar cells. This technology combines silicon with cadmium telluride (CdTe) and a perovskite-structured material to absorb a broader light spectrum,…
Author: PPD Team Date: 11/12/2024 Hitachi Energy has introduced Nostradamus AI, a cutting-edge artificial intelligence (AI)-powered energy forecasting solution. The solution leverages over 30 years of energy market data to provide utilities, power system operators, energy producers, and traders with highly accurate forecasts tailored to energy-specific use cases. Nostradamus AI is designed to be one of the first AI-driven forecasting tools specifically for the energy sector. It offers forecasts that are over 20% more accurate…
Author: PPD Team Date: 14/11/2024 The New South Wales (NSW) government in Australia has introduced the Renewable Energy Planning Framework to streamline planning for renewable projects, ensuring investment stability and supporting regional economic growth. Aligned with NSW’s Electricity Infrastructure Roadmap and emissions targets, the framework promotes transparent assessments of wind, transmission, and solar projects, emphasizing benefit-sharing with local communities. Key guidelines include setbacks for visual impact mitigation, hypothetical dwelling assessments, and direct benefits for regions,…
Author: PPD Team Date: 20/02/2025 The Government of Laos has signed an agreement with Chitchareune Construction to develop the 1,200 MW Nong wind power project in Savannakhet province, Vietnam, with an investment of USD 1.9 billion. The project’s feasibility study is underway and is expected to be approved by the second quarter of 2026. The first phase, with a capacity of 702 MW and an investment of USD 1.12 billion, is set for completion by…
Author: PPD Team Date: 21/10/2024 Deveritec GmbH and Wirepas have unveiled a new Network Interface Card (NIC) tailored for the Wirepas 5G Mesh implementation of the non-cellular 5G standard, NR+. The NIC, developed using Nordic Semiconductor’s nRF9151 chip, is designed for smart electricity meters and aims to accelerate Advanced Metering Infrastructure (AMI) development using the NR+ standard. This collaboration marks a push towards deploying NR+ technology in smart meters across Europe, leveraging the ultra-resilient RF…