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ABB surpasses 10 GW milestone in automation solutions for India’s renewable energy plants
ABB has reached a significant milestone, delivering automation solutions for over 10 GW of renewable energy projects across India. Starting with a 100 MW project seven years ago, ABB’s IoT-based PLC (Programmable Logic Controller) solution has now been implemented in over 300 renewable energy projects nationwide. ABB’s PLC-based SCADA (Supervisory Control and Data Acquisition) system enables real-time data analysis and optimal plant operation, allowing operators to monitor and manage plant parameters effectively. Part of ABB’s…
CtrlS Datacenters to launch 50 MW solar power plant
Hyderabad-based CtrlS Datacenters is set to launch a 50 MW solar power plant within the next 12 to 15 months as part of its goal to power its data centres entirely with renewable energy. The company aims to raise USD 300 million this financial year to support its expansion and green initiatives. These funds will be allocated for land acquisition (10-15%), data centre infrastructure (60%), and renewable energy projects (15-20%), including the solar plant. This…
Vistra to acquire remaining 15% stake in Vistra Vision for $3.25 billion
Vistra has signed definitive agreements to acquire the remaining 15% equity interest in its subsidiary, Vistra Vision, from affiliates of Nuveen Asset Management and Avenue Capital Management II LP. This acquisition will make Vistra the sole owner of Vistra Vision, which holds key assets, including the 6.4 GW Comanche Peak, Beaver Valley, Davis-Besse, and Perry nuclear generation facilities, along with the Vistra Zero renewables and energy storage business. The $3.248 billion cash transaction, set to…
ACCIONA Energía acquires 300 MW of wind capacity in Texas
ACCIONA Energía has acquired two wind farms in Texas, Green Pastures I and Green Pastures II, each with a capacity of 150 MW. Located in Baylor and Knox Counties, these fully operational projects were acquired from private asset management firms for $202.5 million, boosting ACCIONA’s total installed capacity in the US. The two wind farms are integrated into the Electric Reliability Council of Texas (ERCOT) grid, which handles 90% of Texas’s electricity. Together, they will…
Adani in talks to acquire 600 MW Butibori thermal project from Reliance
Adani Power Ltd is in advanced discussions to acquire the 600 MW Butibori thermal power project in Nagpur, previously owned by the now-insolvent Reliance Power Ltd, according to a report by Mint. The deal is expected to be valued between Rs 24 billion and Rs 30 billion, which translates to approximately Rs 4 crore to Rs 5 crore per MW. The Butibori project, operated by Vidarbha Industries Power Ltd, a subsidiary of Reliance Power, has…
JSW, Tata Power, Avaada, Juniper win MSEDCL’s 1,650 MW wind-solar auction
Maharashtra State Electricity Distribution Company (MSEDCL) has selected JSW Neo Energy, Tata Power Renewable Energy Limited (TPREL), Avaada Energy, and Juniper Green Energy as the winners of its 1,650 MW wind-solar hybrid auction. These companies will supply power on a long-term basis from grid-connected intrastate projects. JSW Neo secured 600 MW, including 400 MW under the greenshoe option, while Tata Power won 400 MW, with 200 MW under the greenshoe option. Avaada Energy was awarded…