Author: PPD Team Date: 26/12/2024
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Fidra Energy receives approval for 1.4GW battery storage project in UK
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Author: PPD Team Date: 21/01/2025 Adani Electricity Mumbai Limited (AEML), a wholly owned subsidiary of Adani Energy Solutions Limited, has completed the acquisition of 100% equity shares in Superheights Infraspace Private Limited (SIPL). This follows the execution of a share purchase agreement with Adani Properties Private Limited. SIPL holds development rights for a 3,000 square metre land parcel in Bandra Kurla Complex, where AEML is developing a 220 kV extra high-voltage substation under regulatory approvals.
EGAT plans three pumped storage power plants in Thailand
Author: PPD Team Date: 22/11/2024 The Electricity Generating Authority of Thailand (EGAT) has announced plans to develop three pumped storage power plants (PSPPs) at existing dams in Chaiyaphum, Kanchanaburi, and Nakhon Si Thammarat provinces. These facilities will have a combined capacity of 2.47 GW and are expected to become operational between 2034 and 2037. The USD 2.6 billion project aims to enhance energy storage capabilities and support the increasing integration of renewable energy sources, such…
PFCCL incorporates SPV for Anantapur II REZ Transmission System
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SolarSquare secures $40 million to expand rooftop solar operations
Author: PPD Team Date: 13/12/2024 Mumbai-based rooftop solar company SolarSquare has raised $40 million in a Series B funding round led by Lightspeed, with Lightrock also participating. Existing investors, including Elevation Capital, Lowercarbon, Rainmatter, and Gruhas Proptech, contributed as well. The funds will support SolarSquare’s expansion to over 50 cities from its current presence in 20. Additional investments will focus on technology, talent acquisition, brand building, and developing an asset management technology stack for remote…
Fidra Energy receives approval for 1.4GW battery storage project in UK
Author: PPD Team Date: 04/02/2025 Fidra Energy, a European battery energy storage system (BESS) platform owned by EIG, has received planning consent to develop a 1.4GW battery storage project at Thorpe Marsh, Yorkshire. This will become the UK’s largest battery storage facility, capable of powering up to 800,000 homes during peak demand. The project was approved by Doncaster Council on 28 January 2025 and will feature lithium-ion battery systems supplied by Sungrow. A final investment…
UEM Lestra secures agreements for 1GW hybrid solar project in Malaysia
Author: PPD Team Date: 21/01/2025 UEM Lestra, a subsidiary of the UEM Group, has finalized agreements with off-takers for its 1GW hybrid solar power plant project under Malaysia’s Corporate Renewable Energy Supply Scheme (CRESS). The project, located in Segamat, Johor, is part of the National Energy Transition Roadmap (NETR). The initial phase of the 1700-acre project will involve an investment of RM2.5 billion ($556.3 million) and a solar capacity of 750 megawatts peak, supported by…