Author: PPD Team Date: 16/01/2025
Premier Energies Limited’s subsidiaries, Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, secured contracts worth Rs 1.46 billion for solar module and cell supply in India on January 14, 2025.
The companies won Rs 10.41 billion for solar modules and Rs 4.19 billion for solar cells.
Module supplies are expected to begin in May 2025.
Author: PPD Team Date: 27/02/2025 The Indian Renewable Energy Development Agency Limited (IREDA) has approved plans to raise up to Rs 50 billion through a qualified institutions placement (QIP) of equity shares in multiple tranches. Additionally, IREDA’s wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Limited, has received registration from the International Financial Services Centre Authority to operate as a finance company at GIFT City, Gujarat. This will enable foreign currency lending while mitigating…
Author: PPD Team Date: 08/11/2024 RWE has commenced work on the Thor offshore wind farm project, Denmark’s largest offshore wind initiative to date, establishing key operational and construction bases at the Port of Thorsminde and Thyborøn Port. The Thor wind farm, located 22 kilometers off the west coast of Jutland in the Danish North Sea, will have a capacity exceeding 1 GW and is expected to power over one million Danish households with green energy….
Author: PPD Team Date: 21/11/2024 NTPC Limited is setting up a one-tonne per day seawater-to-green hydrogen plant at its Simhadri facility near Visakhapatnam, Andhra Pradesh. Developed through its R&D centre, NETRA, the project will use a low-carbon desalination plant powered by waste heat from the thermal power plant’s flue gas. This innovative process will produce hydrogen-grade water from seawater at reduced costs. NTPC states that 12-13 kg of purified water is required to generate 1…
Author: PPD Team Date: 21/10/2024 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu visited the historic 110 MW Shanan Power House in Mandi district, emphasizing the need for its control to be transferred to the Himachal Pradesh government following the expiration of the lease period. Although the power house is currently operated by the Punjab government, Sukhu mentioned that discussions are ongoing regarding its handover. He noted that the Shanan project, built over a century ago,…
Author: PPD Team Date: 25/10/2024 Orb Energy has installed an 800-kW rooftop solar system at Esteem Industries in Alonde, Wada, Maharashtra. The system is set to generate over 1 million units of electricity annually, meeting approximately 80% of Esteem Industries’ daytime electricity needs and reducing carbon emissions by around 1,000 tonnes per year. The installation is expected to produce around 3,100 kWh of solar energy daily. Esteem Industries, a surfactants and specialty chemicals manufacturer, will…
Author: PPD Team Date: 04/12/2024 JDR Cable Systems, part of the TFKable Group, has secured a contract from DEME Offshore for the Coastal Virginia Offshore Wind (CVOW) project, the largest offshore wind farm in the United States. The 2.6-GW project will supply power to 660,000 homes and contribute to the US goal of deploying 30 GW of offshore wind energy by 2030. JDR will manage the installation and testing of 66kV subsea inter-array cables for…