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: October 16, 2024 Nexif Ratch Energy has announced the financial close of its 145 MWp Bacolod solar power project, its second solar venture in the Philippines. The ground-mounted project, located across Bacolod City and Bago City in Negros Occidental province, will provide clean energy to approximately 52,600 households. The project will connect to the National Grid Corporation of the Philippines’ Bacolod substation. Most of the electricity generated will be sold to…
Author: PPD Team Date: December 24, 2024 India and Kuwait have upgraded their relationship to a strategic partnership, focusing on defence, energy, trade, investment, and technology. During Prime Minister Narendra Modi’s first visit to Kuwait in 43 years, an MoU on defence was signed to enhance cooperation in training, joint exercises, and equipment supply. The two countries share strong energy ties, with bilateral trade reaching $10.47 billion in 2023-24. Kuwait is India’s sixth-largest crude supplier…
Author: PPD Team Date: July 21, 2025 China has begun construction on a massive hydropower project on the Yarlung Tsangpo River in southeastern Tibet, known downstream as the Brahmaputra in India. The project, which broke ground on July 19, 2025, is expected to be one of the largest hydroelectric undertakings globally, with an estimated investment of 1.2 trillion yuan (approximately $167.1 billion), according to Xinhua. Chinese Premier Li Qiang attended the inauguration ceremony in Nyingchi,…
Author: PPD Team Date: October 23, 2024 The Energy Market Authority (EMA) of Singapore has conditionally approved Sun Cable’s proposal to import 1.75 GW of low-carbon electricity from Australia. This electricity will be generated from solar power in Australia’s Northern Territory and transmitted to Singapore through a 4,300 km subsea cable. The project aims for commercial operations post-2035. To secure a conditional licence, Sun Cable must update its proposal to meet EMA’s conditions, including technical…
Author: PPD Team Date: September 19, 2024 Several solar and wind projects in South Africa will receive €400 million through a joint initiative between the European Investment Bank (EIB) and South Africa’s FirstRand Bank. The investment, with each party contributing €200 million, aims to enhance private sector energy generation, boost energy security, and mitigate power cuts. The funding aligns with Europe’s Global Gateway strategy, which targets €100 billion in sustainable infrastructure investments by 2027. This…
Author: PPD Team Date: May 16, 2025 JSW Energy Limited reported a 21 per cent year-on-year increase in Q4 revenue, reaching Rs 34.97 billion in the January–March quarter of FY 2024–25, compared to Rs 28.79 billion in Q4 FY 2023–24. For the full year, the company posted Rs 126.39 billion in revenue, up 6 per cent from Rs 119.41 billion in the previous year. Tata Power Company Limited recorded a net profit of Rs 47.75…