Author: PPD Team Date: 13/11/2024
The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an integrated Battery Energy Storage System (BESS).
The project is slated for completion by 2026.
Author: PPD Team Date: 17/01/2025 Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines Department of Energy (DoE) and the Board of Investments, support the country’s energy transition programme. This initiative aims to achieve 35% renewable energy in power generation by 2030 and 50% by 2040. Masdar CEO…
Author: PPD Team Date: 18/10/2024 India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India will increase…
Author: PPD Team Date: 07/02/2025 RMC Switchgears Limited has won a Rs 192.4 million contract from Maharashtra State Power Generation Company Limited (MSPGCL) for setting up 10 MW decentralised solar photovoltaic (PV) power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. The contract was awarded on February 5, 2025. The project, located at the 33/11 kV Sakali substation in Yawal taluka, Jalgaon district, will be implemented on an engineering, procurement,…
Author: PPD Team Date: 27/11/2024 Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit 2024. The agreement involves an investment of Rs 100 billion for solar power generation projects, manufacturing facilities for solar components, engineering, procurement, and construction (EPC) projects, and the development of solar parks in Rajasthan.
Author: PPD Team Date: 21/01/2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico. The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and a 55MW/55MWh…
Author: PPD Team Date: 17/12/2024 Solarvest Holdings Bhd has partnered with Singapore-based Vista Contracting and Investment Global Private Limited to develop rooftop and utility-scale solar projects in Malaysia, Brunei, Taiwan, and Cambodia. The collaboration, formalised through a memorandum of understanding, aims to leverage both companies’ renewable energy expertise to create strategic advantages and boost commercial outcomes. Vista focuses on investing, developing, and managing solar power systems. The partnership will support sustainable energy infrastructure in these…
Author: PPD Team Date: 17/01/2025 Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines Department of Energy (DoE) and the Board of Investments, support the country’s energy transition programme. This initiative aims to achieve 35% renewable energy in power generation by 2030 and 50% by 2040. Masdar CEO…
Author: PPD Team Date: 18/10/2024 India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India will increase…
Author: PPD Team Date: 07/02/2025 RMC Switchgears Limited has won a Rs 192.4 million contract from Maharashtra State Power Generation Company Limited (MSPGCL) for setting up 10 MW decentralised solar photovoltaic (PV) power projects under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0” scheme in Maharashtra. The contract was awarded on February 5, 2025. The project, located at the 33/11 kV Sakali substation in Yawal taluka, Jalgaon district, will be implemented on an engineering, procurement,…
Author: PPD Team Date: 27/11/2024 Insolation Green Energy Private Limited, a subsidiary of Insolation Energy Limited, has signed a memorandum of understanding (MoU) with the Rajasthan government during the Rising Rajasthan Global Investment Summit 2024. The agreement involves an investment of Rs 100 billion for solar power generation projects, manufacturing facilities for solar components, engineering, procurement, and construction (EPC) projects, and the development of solar parks in Rajasthan.
Author: PPD Team Date: 21/01/2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico. The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and a 55MW/55MWh…
Author: PPD Team Date: 17/12/2024 Solarvest Holdings Bhd has partnered with Singapore-based Vista Contracting and Investment Global Private Limited to develop rooftop and utility-scale solar projects in Malaysia, Brunei, Taiwan, and Cambodia. The collaboration, formalised through a memorandum of understanding, aims to leverage both companies’ renewable energy expertise to create strategic advantages and boost commercial outcomes. Vista focuses on investing, developing, and managing solar power systems. The partnership will support sustainable energy infrastructure in these…
Author: PPD Team Date: 17/01/2025 Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines Department of Energy (DoE) and the Board of Investments, support the country’s energy transition programme. This initiative aims to achieve 35% renewable energy in power generation by 2030 and 50% by 2040. Masdar CEO…
Author: PPD Team Date: 18/10/2024 India is set to become the global engine for energy demand growth through 2035, according to the International Energy Agency’s (IEA) World Energy Outlook 2024. The report highlights India’s rapid expansion, with the country adding more than 12,000 cars daily, increasing built space equivalent to South Africa, and seeing its air-conditioners consume more electricity than Mexico’s total power consumption by 2035. As the world’s third-largest oil consumer, India will increase…