Author: PPD Team Date: 24/01/2025
Similar Posts
Jupiter International to invest in Odisha solar manufacturing facility
Author: PPD Team Date: 03/02/2025 Jupiter International has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 20.05 billion in a solar manufacturing plant. The investment, made through its subsidiary Jupiter Renewables, will set up a facility with a 4.2 GW annual solar cell production capacity and 3.6 GW for modules. The agreement was signed during the Utkarsh Odisha – Make in Odisha Conclave 2025. In addition, the Government of Odisha…
NTPC Green signs MoU with Bihar government for renewable energy
Author: PPD Team Date: 24/12/2024 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the “Bihar Business Connect 2024” Global Investors’ Summit in Patna on December 20, 2024. The MoU was signed by Shri Alok Ranjan Ghosh, Director (Industries), Government of Bihar, and Shri Bimal Gopalachari, Addl. GM (Business Development), NGEL, in the presence of Bihar’s Industries Minister, Shri…
Venterra Group acquires Oceanscan Holdings to strengthen offshore wind services
Author: PPD Team Date: 24/10/2024 UK-based offshore wind services provider Venterra Group has acquired Oceanscan Holdings, expanding its capabilities in the offshore energy market. Financial details of the transaction were not disclosed. Oceanscan Holdings offers subsea and non-destructive testing equipment, geotechnical services, and specialized personnel. The acquisition will enhance Venterra’s expertise through the integration of Oceanscan’s capabilities, asset base, and technical knowledge with Venterra’s existing companies, including Ordtek, Partrac, and Gavin & Doherty Geosolutions. Oceanscan…
National Grid Renewables begins construction of 100MW Apple River Solar project
Author: PPD Team Date: 22/11/2024 National Grid Renewables has started construction on the 100MW Apple River Solar project in Polk County, Wisconsin. Scheduled to commence operations in late 2025, the project will generate clean energy sufficient to power approximately 26,000 homes annually. The solar farm will use First Solar Series 6 Plus bifacial modules. Construction is being handled by The Boldt Company, creating 150 jobs. Once operational, Apple River will supply power to Xcel Energy,…
CCI approves acquisition of Fourth Partner Energy by IFC, ADB, and DEG
Author: PPD Team Date: 02/01/2025 The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Fourth Partner Energy Private Limited (Target) by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG). The proposed investment totals USD 275 million (approx. INR 22.96 billion), with each entity acquiring a percentage of Target’s share capital through primary subscription and secondary purchase. IFC, a World…
Greenzo Energy partners with EODev to bring hydrogen generators to India
Author: PPD Team Date: 05/12/2024 Greenzo Energy India (GEIL) will collaborate with France’s EODev to introduce hydrogen fuel cell power generators in India. Under the 20-year partnership, GEIL will distribute EODev’s zero-emission generators, provide maintenance services, and locally assemble EODev products. GEIL will also serve as an original equipment manufacturer (OEM) and strategic partner for EODev. The alliance will bring Toyota’s hydrogen fuel cell technology to South Asia. These generators convert hydrogen into electricity and…