Premier Energies subsidiaries secure Rs 10.87 billion solar contracts
Author: PPD Team Date: November 27, 2024
Author: PPD Team Date: November 27, 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: December 26, 2024 Nozomi Energy, a Japanese renewable energy company and an Actis subsidiary, has acquired a portfolio of 12 operational solar projects, totalling 312 MW. These projects, which range from 1 MW to over 60 MW, are backed by Feed-In-Tariff (FIT) contracts that extend at least until 2040, providing stable and predictable cash flows for the company. Nine of the projects are located in Japan’s Kanto region, while the remaining…
Author: PPD Team Date: February 11, 2025 China’s National Development and Reform Commission (NDRC), along with the nation’s energy administration, is taking steps to roll back subsidies for renewable energy projects, according to Reuters. In 2024, China saw a record-breaking 45% rise in solar installations, reaching nearly 887GW of installed solar capacity—six times the size of the United States’ solar power capacity, as per the International Renewable Energy Agency. This rapid growth has enabled China…
Author: PPD Team Date: November 6, 2024 Nakheel, a subsidiary of Dubai Holding Real Estate, has partnered with the Dubai Electricity and Water Authority (DEWA) to develop two substations on Palm Jebel Ali, with an investment of AED 270 million. DEWA will handle project management, including tendering, award, and construction. These substations, each with a capacity of 132/11 kV, will provide a combined 400 MVA of electricity to meet the energy needs of Palm Jebel…
Author: PPD Team Date: December 30, 2025 Alpex Solar Limited has announced an order worth Rs 65 crore (excluding GST) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying off-grid direct current (DC) solar photovoltaic (PV) water pumping systems. The company said the project comes under the Government of India’s Magel Tyala Saur Krushi Pump Yojana, which forms Component B of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) Scheme. The programme…
Author: PPD Team Date: September 9, 2025 ACME Solar has placed an order for 2 gigawatt-hours (GWh) of battery energy storage systems (BESS) with Chuzhou Lishen New Energy Technology Co. Ltd. The order was routed through POSCO International Corporation and China FAW Group Import and Export Co. Ltd. According to ACME Solar, deliveries will take place in phases over the next six to ten months. The systems will be deployed across the company’s firm and…
Author: PPD Team Date: January 31, 2025 ACME Solar Holdings Private Limited and ReNew Solar Power Private Limited, a wholly-owned subsidiary of ReNew Power Ventures Private Limited, have received Letters of Award (LoAs) for setting up a total of 550 MW Inter-State Transmission System (ISTS)-connected solar power projects with energy storage systems (ESS) under Tranche-XVIII of Solar Energy Corporation of India (SECI). ReNew Solar Power received an LoA for 250 MW at a tariff of…