Author: PPD Team Date: December 23, 2024 Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I, has signed a 15-year power purchase agreement (PPA) with Google in the Netherlands. Under this agreement, Google will purchase 250 MW of wind energy from the Zeevonk project to power its Dutch operations. The Zeevonk project, a joint venture between CIP and Vattenfall, combines offshore wind, solar energy, and green hydrogen production. It includes a 2 GW offshore…
Author: PPD Team Date: March 18, 2026 Power Finance Corporation Limited (PFC) has approved a borrowing programme of up to Rs 1,60,000 crore for FY2026-27 at its board meeting held on March 17, 2026. The board also approved closure of an 18-year-old project subsidiary that did not progress to implementation. Borrowing plan and dividend The borrowing ceiling includes Rs 1,10,000 crore from domestic long- and medium-term sources such as bonds, debentures, capital gain bonds under…
Author: PPD Team Date: November 17, 2025 Adani Power Limited and Adani Green Energy have secured Letters of Award from the Assam Government for two large energy projects worth about Rs 63,000 crore. The package includes a 3,200 MW ultra supercritical thermal plant and two pumped storage plants with a combined 2,700 MW, which together represent the biggest private sector investment in the northeast. Adani Power will put in close to Rs 48,000 crore to…
Author: PPD Team Date: November 6, 2024 Gentari Renewables India Utilities 2, Juniper Green Energy, EG Energy Development (Enfinity Global), Sunsure Solarpark RJ One, and Adyant Enersol (Datta Infra) emerged as winners in SJVN’s Phase III auction for 1,200 MW of ISTS-connected wind-solar hybrid power projects in India. Gentari, Juniper, EG Energy, and Adyant secured 400 MW, 300 MW, 300 MW, and 70 MW, respectively, at Rs 3.19 per kWh. Sunsure won 130 MW of…
Author: PPD Team Date: December 11, 2024 Fujiyama Power Systems, a major player in the rooftop solar segment, has acquired 24.89 hectares in Ratlam, Madhya Pradesh, to set up a solar manufacturing facility. The Delhi-based company plans to invest Rs 6.5 billion to produce solar panels, lithium-ion batteries, and allied solar products. The facility, set to begin with a production capacity of 2 GW, will cater to residential, commercial, and industrial segments, with exports to…
Author: PPD Team Date: February 27, 2026 Evervolt Green Energy Pvt. Ltd. has entered into a partnership with Beijing HyperStrong Technology Co., Ltd. to distribute and market battery energy storage systems (BESS) across India and Sri Lanka. The collaboration targets expansion of commercial and industrial (C&I) energy storage applications in the region. Under the agreement, HyperStrong has appointed Evervolt as a regional distributor. The companies will work on joint marketing initiatives and technical training programmes…