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.
Indian Renewable Energy Development Agency Ltd. (IREDA) has finalized a joint venture agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) to develop the 900 MW Upper Karnali Hydroelectric Project in Nepal. The agreement outlines a framework for project development, construction, operation, and maintenance under a Build-Own-Operate-Transfer (BOOT) model. The project will operate for 25 years from the Commercial Operation Date (CoD). The agreement was formalized in New Delhi today in the…
Envision Energy signed an agreement with Juniper Green Energy Private Limited on January 9, 2025, to supply wind turbine generators (WTGs) and battery energy storage systems (BESS) for renewable energy projects across India. Key agreements include: 200 units of EN-182 WTGs: Each with a rated capacity of 5 MW, to be used in Juniper Green’s 1,000 MW wind power projects, won in state and central auctions. 320 MWh BESS system: To support the 320 MW…
Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s tariff has been finalised at 5.97 US cents per unit. The Sampoor Solar Project is aligned with Sri Lanka’s renewable energy goals and will contribute to long-term energy security. The electricity generated will be transmitted to the…
Davidson Kempner Capital Management and Nature Infrastructure Capital (NIC) have jointly acquired Greencells Group’s Netherlands-based solar and storage project development platform. The platform specializes in utility-scale solar and battery projects across Europe and Canada, with a development pipeline of 4 GW. Financial details of the acquisition have not been disclosed. The platform has grown significantly since 2019, now boasting nearly 800 MW of ready-to-build projects. Under the new ownership, the platform aims to accelerate its…
The Power Transmission & Distribution (PT&D) division of Larsen & Toubro (L&T) has won significant new orders to expand and strengthen high-voltage electricity grids across the Middle East and Africa. These orders include implementing an Energy Management System to enhance national electricity networks. One notable contract involves a consortium-led project with a leading equipment manufacturer to build Kenya’s National System Control Centre. This transmission hub will play a key role in managing power flow, integrating…
NHPC Limited has successfully concluded its tranche VI auction, awarding 1,200 MW of firm and dispatchable renewable energy (FDRE) projects integrated with energy storage systems and connected to the inter-state transmission system (ISTS). The auction also included a greenshoe option of 1,200 MW. Jevargi Solar Power was awarded 150 MW at Rs 4.48 per kWh, while Juniper Green Energy and Avaada Energy secured 200 MW and 600 MW, respectively, at Rs 4.56 per kWh. ACME…