Premier Energies starts 1.2 GW TOPCon solar cell line in Telangana
Author: PPD Team Date: July 1, 2025
Author: PPD Team Date: July 1, 2025
Premier Energies Limited has launched a new 1.2 GW tunnel oxide passivated contact (TOPCon) solar cell manufacturing line at its facility in Telangana.
With this move, the company becomes one of the first in India to operationalise TOPCon technology at scale. These cells can achieve efficiencies above 25 per cent. The line uses a 16-busbar architecture to improve power density and real-world energy yield.
In May, Premier Energies signed a joint venture agreement with Nuevosol Energy Private Limited to invest in a new company, Premier-Green Aluminium Private Limited. This entity will manufacture aluminium frames for solar photovoltaic (PV) modules.
Author: PPD Team Date: January 30, 2025 Ørsted and Polska Grupa Energetyczna (PGE) have made the final investment decision (FID) for the 1.5GW Baltica 2 offshore wind farm off the Polish coast. The wind farm is expected to be fully commissioned by the end of 2027. Developed in a 50/50 partnership, Ørsted and PGE will be responsible for the entire project, including offshore transmission and substations. The project will feature 107 Siemens Gamesa 14 MW-222…
Author: PPD Team Date: September 19, 2025 TVS Motor Company has signed a Memorandum of Understanding (MoU) with ALT Mobility to lease and deploy up to 3,000 electric three-wheelers, both passenger and cargo, in the financial year 2025-26. Under the agreement, TVS Motor will supply the vehicles, while ALT Mobility will manage procurement, leasing, and financing through its network. The companies will jointly decide the models, variants, and specifications to align with customer needs. The…
Author: PPD Team Date: November 22, 2024 On November 19, 2024, the Hungarian government introduced a bill to its parliament seeking to amend the existing contract with Russia’s Rosatom for the expansion of the Paks nuclear power plant. The Paks expansion, valued at €12.5 billion ($13.2 billion), includes two 1.2 GW VVER reactors and is critical for Hungary’s energy strategy. The plant currently supplies 40% of the country’s electricity. Delays stemming from permitting challenges, the…
Author: PPD Team Date: December 31, 2024 REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of REC Limited, has transferred two Special Purpose Vehicles (SPVs) as part of the Rajasthan Renewable Energy Zone (REZ) Phase IV power evacuation projects. The first SPV, Rajasthan IV 4A Power Transmission Limited, was transferred to Power Grid Corporation of India Limited (PGCIL), for the development of “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part 4:…
Author: PPD Team Date: January 19, 2026 Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to undertake large-scale renewable energy projects in the state. Under the MoU, the company has proposed setting up a green ammonia production facility at Fulzar, Taluka Vinchiya, District Rajkot, with a planned investment of Rs 10,000 crore. The project is expected to generate around 1,500 jobs, with commercial operations targeted to begin in…
Author: PPD Team Date: July 7, 2025 The International Finance Corporation (IFC) and India Grid Trust (IndiGrid) have partnered to develop a 180 MW/360 MWh standalone battery energy storage system (BESS) project in Gujarat. IFC has committed $55 million (Rs 4.6 billion approx.) in long-term financing to the project through listed non-convertible debentures. This includes $38.5 million from IFC’s account and $16.5 million in concessional finance from the Clean Technology Fund under the Climate Investment…