Author: PPD Team Date: 08/11/2024
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has issued a tender to establish a 500 MW/1,000 MWh battery energy storage system (BESS) with an additional greenshoe option of 500 MW/1,000 MWh. The deadline for bid submissions is December 16, 2024.
The capacity will be distributed across multiple sites, including the Giral Lignite Power Project in Barmer, the Suratgarh Thermal Power Station, and substations in Sakatputa, Kota, and Jaipur.
Author: PPD Team Date: 28/10/2024 The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy. Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy…
Author: PPD Team Date: 26/11/2024 According to a report by Reuters, Norway’s Equinor is reducing its renewables workforce by 20%, approximately 250 full-time roles, due to challenges in the offshore wind sector. These challenges include cost inflation, high interest rates, and supply chain issues. Employees directly employed by the parent company will be offered roles in other business areas to minimize the number of layoffs. The company, which plays a significant role in the global…
Author: PPD Team Date: 07/03/2025 Hariom Pipe Industries Limited (HPIL) has secured a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 60 MW decentralised solar power projects under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0. The award was issued on March 4, 2025. The project involves developing, designing, engineering, procuring, constructing, commissioning, and maintaining solar plants. HPIL will also set up the evacuation infrastructure to deliver power to…
Author: PPD Team Date: 02/01/2025 Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC PV modules…
Author: PPD Team Date: 19/11/2024 Saatvik Green Energy Private Limited has secured a supply order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide solar-powered submersible pumps at 250 locations across Maharashtra. The pumps, ranging from 3 horsepower (HP) to 7.5 HP, aim to enhance water accessibility and support irrigation needs, contributing to sustainable agricultural practices in the region.
Author: PPD Team Date: 07/11/2024 Spain-based BlueFloat Energy has achieved major project status from the Australian government for its 2.1GW Gippsland Dawn offshore wind project, located off Victoria’s coast. This status provides access to support from the Major Projects Facilitation Agency, marking a significant milestone for one of Australia’s largest offshore wind initiatives. Scheduled to begin construction in 2029 with a $10 billion investment, Gippsland Dawn aims to be operational by 2031, with up to…