Author: PPD Team Date: 06/01/2025
Similar Posts
New Projects – January 27, 2025
Author: PPD Team Date: 27/01/2025 Hazoor Multi Projects launches Maharashtra’s first 1.2 GW solar park Hazoor Multi Projects (HMPL) has recently launched Maharashtra’s first solar park, the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP), with a capacity of 1.2 GW. Located on 4,200 acres in Solapur district, the park will utilize 750-watt solar panels with fixed and tracking systems to optimize energy production. This initiative is a significant step in supporting India’s renewable energy goals…
US to hold first offshore wind lease auction in Gulf of Maine in October
Author: PPD Team Date: 22/09/2024 The US Department of the Interior (DOI) will hold its first offshore wind energy lease auction for the Gulf of Maine on 29 October 2024. The auction will offer leases for eight areas off the coasts of Massachusetts, New Hampshire, and Maine, with the potential to generate 13 GW of power, enough to supply 4.5 million homes. The Bureau of Ocean Energy Management (BOEM) reduced the available acreage by 120,000…
Three bidders qualify for Rajasthan REZ Phase IV transmission project
Author: PPD Team Date: 08/11/2024 Three developers—Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL)—have pre-qualified to open initial price bids for a key ISTS-TBCB project for renewable energy evacuation from Rajasthan. The project, titled “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part 4: 3.5 GW): Part A,” is coordinated by REC Power Development & Consultancy Ltd (RECPDCL), which expects to issue the letter of intent…
Teems India secures contracts for Jharkhand transmission line projects
Author: PPD Team Date: 06/12/2024 Teems India Towerlines Private Limited has won two contracts for the supply, installation, testing, and commissioning of unfinished transmission line works under the Jharkhand Power System Improvement Project. Jharkhand Urja Sancharan Nigam Limited (JUSNL) invited bids for the project in July 2024. The awarded contracts include: Rs 378.79 million for Package V, comprising 132 kV DC transmission lines from Naudiha to Chhatarpur and Nagaruntari to Garhwa. Rs 905.78 million for…
World Bank and AfDB unveil $40bn programme for Africa
Author: PPD Team Date: 17/01/2025 The World Bank and African Development Bank (AfDB) have outlined terms for African countries to secure $40bn in power finance under the Mission 300 programme. This initiative seeks to provide electricity access to 300 million Africans by 2030, Bloomberg reports. Currently, sub-Saharan Africa’s electricity access ranges from 1% in South Sudan to 94% in South Africa, per the International Energy Agency. Mission 300 aims to connect half the population through…
TPG Rise Climate in talks to acquire Altus Power
Author: PPD Team Date: 26/12/2024 TPG Rise Climate, the climate investment arm of TPG, is in discussions to acquire US-based solar developer Altus Power, according to Reuters sources. The deal, which could be formalized in the coming weeks, is not yet finalized, and there is still a possibility of no transaction occurring. Altus Power, a leading clean energy provider for both commercial and residential properties, manages one of the largest portfolios of commercial-scale solar plants…