Author: PPD Team Date: December 20, 2024
Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy.
The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions.
Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”
Author: PPD Team Date: January 8, 2025 Chinese energy storage provider Hithium has entered into a global partnership with Samsung C&T Engineering & Construction Group to capitalize on the increasing demand for energy storage solutions. This collaboration is expected to encompass around ten gigawatt-hours (GWh) of battery energy storage system (BESS) capacity, strengthening their project pipeline. The agreement, formalized at Hithium’s headquarters in Xiamen, China, will combine Hithium’s energy storage expertise with Samsung C&T’s construction…
Author: PPD Team Date: August 5, 2025 The Ministry of New and Renewable Energy (MNRE) has issued updated guidelines for its pilot initiative to advance the use of innovative technologies in Green Hydrogen production and application. The revised framework focuses on demonstrating new production methods such as floating solar systems, biomass-based technologies, and wastewater-based hydrogen generation. It also encourages testing decentralised applications, including cooking, space heating, off-grid power, and off-road transport. Another priority is to…
Author: PPD Team Date: February 6, 2025 US-based energy company Westinghouse has proposed installing small modular reactors (SMRs) at four decommissioned nuclear sites in Italy, with construction expected to begin by 2030, according to Reuters. The four sites—Caorso, Trino, Latina, and Garigliano—would be repurposed for the deployment of SMRs, in alignment with Italy’s strategic energy shift under Prime Minister Giorgia Meloni’s government, which is considering reviving the nuclear sector. Despite previous referendums in 1987 and…
Author: PPD Team Date: December 15, 2025 Adani Energy Solutions Limited has completed the acquisition of a transmission project that will support gigawatt-scale renewable energy evacuation from the Khavda region in Gujarat. The company executed a Share Purchase Agreement on 12 December 2025 with PFC Consulting Limited to acquire all equity shares of KPS III HVDC Transmission Limited. The company received a Letter of Intent for the transaction in November 2025. Power Finance Corporation Limited,…
Author: PPD Team Date: May 27, 2025 India produced and dispatched over 1 billion metric tonnes of coal in FY2023–24. This marks a 70% rise since 2014, driven by structural reforms including commercial coal mining, first launched in 2020. Nearly 150 mines have been auctioned so far, with the 12th round underway. States have received nearly Rs 2.5 trillion in premiums and royalties. The sector has moved from inefficiency to transparency, with private players now…
Author: PPD Team Date: November 11, 2025 Waaree Renewable Technologies Ltd. has expanded the value of its existing engineering, procurement, and construction (EPC) contract for a 980 MWp / 700 MWac solar power project by Rs 27.22 crore. The company received formal confirmation of the scope enhancement on November 10, 2025. In a regulatory filing, Waaree stated that the revised contract now totals Rs 1017.82 crore, inclusive of taxes. The company clarified that the expansion…