Author: PPD Team Date: December 13, 2024
Reliance Power Limited (RPL) incorporated Reliance NU Energies Private Limited, a special purpose vehicle, on December 10, 2024.
The entity will focus on developing renewable energy projects, including solar, wind, hybrid systems, and advanced energy storage solutions such as pumped storage hydropower and battery energy storage systems.
Author: PPD Team Date: September 12, 2025 Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 27.2 billion across its power transmission and distribution (T&D) business. The contracts include T&D projects in both domestic and international markets, along with orders in the buildings and factories segment in India. For the first quarter of FY 2025-26, KPIL reported revenue of Rs 6,187.52 crore. Net profit stood at Rs 213.59 crore, while EBITDA was Rs…
Author: PPD Team Date: November 6, 2025 Amazon has added almost 1 GW of clean energy to European grids through 20 new renewable projects launched in 2025. Developed with 12 energy partners, the projects span Spain, Italy, Poland, Germany, and Greece. Together, they can power over 700,000 homes each year. Amazon now supports more than 230 renewable projects in Europe, mainly through power purchase agreements that provide long-term stability for developers. Key earlier investments include…
Author: PPD Team Date: September 24, 2025 Prime Minister Narendra Modi has laid the foundation stone for two major hydroelectric projects in Arunachal Pradesh. The Heo Hydro Electric Project (240 MW) and Tato-I Hydro Electric Project (186 MW) will be developed in the Siyom sub-basin, with a combined investment of over Rs 3,700 crore. These projects aim to strengthen Arunachal Pradesh’s position as a power producer, generate employment for local youth, and provide affordable electricity…
Author: PPD Team Date: January 31, 2025 Germany, Europe’s largest wind power producer, is experiencing its most prolonged period of below-average wind power generation since early 2021, as reported by Reuters. This shortfall is attributed to low wind speeds since October 2024. Wind power, which is Germany’s primary electricity source, typically peaks in winter when wind speeds are highest. The reduced output has forced Germany to rely more on fossil fuels and increase power…
Author: PPD Team Date: December 4, 2024 Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients. The deliveries will span four years. In November, the company received another export order valued at Rs 3.99 billion from an overseas customer, to be fulfilled within three years.
Author: PPD Team Date: November 18, 2024 Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release…