Author: PPD Team Date: November 13, 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: December 4, 2024 Quaise Energy has partnered with Nevada Gold Mines (NGM) to explore deep geothermal energy for decarbonizing NGM’s TS power plant. This collaboration aims to hybridize on-site power generation by utilizing geothermal heat from NGM’s land and subsurface resources, reducing reliance on fossil fuels and greenhouse gas emissions in the mining sector. This marks the first commercial pilot to retrofit a fossil-fuel-based power plant for geothermal energy. Quaise Energy’s…
Author: PPD Team Date: December 19, 2024 Honeywell has secured a contract to deliver building automation solutions for Exide Energy Solutions Ltd (EESL), a subsidiary of Exide Industries Ltd. The project will involve deploying Honeywell’s Enterprise Buildings Integrator (EBI) platform for centralized monitoring and control of the 80-acre lithium-ion gigafactory campus in Bengaluru. These solutions will enhance operational efficiency, improve incident response, optimize energy use, and bolster security during phase one of the facility’s construction….
Author: PPD Team Date: November 14, 2024 The Ministry of Mines has signed a memorandum of understanding (MoU) with the International Energy Agency (IEA) to advance cooperation in critical minerals. This agreement, recently approved by the Cabinet, will grant India access to IEA’s data, analysis, and policy recommendations, aiding in refining policies, regulations, and investment strategies to align with global standards. The collaboration is expected to enhance India’s technical capabilities and institutional strength in the…
Author: PPD Team Date: December 18, 2024 Arctech’s SkyLine II solar tracker system has been successfully used in Azerbaijan’s largest utility-scale solar project, a 312 MW plant located in the Garadagh Gobi Desert. The Garadagh solar plant spans 550 hectares and generates 500 million kilowatt-hours (kWh) annually, powering 110,000 households and reducing carbon dioxide emissions by over 200,000 tonnes each year. The project is located near the coastline, facing corrosive conditions. The COP29 climate talks…
Author: PPD Team Date: January 8, 2025 Oben Electric has secured $5.82 million in its Series A funding round, with contributions from Ambis Holding US, Kuberan Ventures, Karimjee Group, Mission Vertical’s US-based venture capital entity, and several family offices. The funds will be used to expand its distribution network and Oben Care services to over 100 showrooms across 50 cities in India by FY 2026, as well as to enhance its product portfolio. The Bengaluru-based…
Author: PPD Team Date: July 22, 2025 India’s wind energy sector has called for a gradual localisation plan for turbine components, citing the risk of supply disruptions and cost escalations. The industry is responding to a recent directive from the Ministry of New and Renewable Energy (MNRE) that proposes accelerated localisation. Wind companies have urged the government to implement a structured approach that supports domestic manufacturing without overwhelming the existing supply chain. They argue that…