Author: PPD Team Date: 24/02/2025
Solarium Green Energy Limited has secured multiple orders, including a major contract from NTPC Vidyut Vyapar Nigam Limited for developing 10,267 kW, 6,929 kW, and 27 kW grid-connected rooftop solar projects across various locations under the Ministry of Home Affairs.
The installations will be carried out in Madhya Pradesh, Chhattisgarh, Odisha (Zone 2), Uttar Pradesh, and Lucknow (Zone 4). The total order value is Rs 558.45 million.
Author: PPD Team Date: 21/11/2024 Renewable infrastructure developer Field Energy has acquired the 200MW Hartmoor battery storage project from Clearstone Energy, expanding its 11GW portfolio of battery storage projects across Europe. Located near Hartlepool, County Durham, the Hartmoor facility can store 800MWh of electricity, enough to power 500,000 homes for four hours when fully charged. The Hartmoor project will play a critical role in balancing electricity supply and demand, stabilizing the grid, and supporting the…
Author: PPD Team Date: 21/11/2024 President-elect Donald Trump has nominated North Dakota Governor Doug Burgum as U.S. Secretary of the Interior and chairman of the newly created National Energy Council. Burgum expressed gratitude for the nomination, emphasizing the importance of balancing resource development with environmental stewardship while strengthening relationships with tribal nations, landowners, and energy developers. As chairman of the National Energy Council, Burgum will lead efforts to coordinate federal energy policies, focusing on innovation…
Author: PPD Team Date: 19/12/2024 GK Energy Limited has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). The IPO consists of a fresh issue of shares worth up to Rs 5 billion, along with an offer for sale of up to 8.4 million equity shares by existing shareholders. The shares will have a face value of Rs 2, and…
Author: PPD Team Date: 03/01/2025 Indian Railway Finance Corporation (IRFC) has signed a memorandum of understanding (MoU) with the Renewable Energy Management Centre (REMC) to finance renewable energy projects supplying power to Indian Railways. The partnership aims to support renewable energy initiatives and explore financing options for thermal, nuclear, and renewable projects under a captive model. REMC will utilise its expertise to procure cost-effective energy and conduct bids for renewable energy projects aligned with the…
Author: PPD Team Date: 13/12/2024 China-based Solar N Plus New Energy Technology has secured a 500MW supply order for its high-efficiency N-type solar products, bolstering its position in the global renewable energy sector. Renowned for its advanced N-type technology, the company offers higher conversion efficiency and robust resistance to light-induced degradation (LID) and potential-induced degradation (PID), ensuring long-term reliability and enhanced energy yields. The 500MW order aligns with Solar N Plus’ strategy to meet increasing…
Author: PPD Team Date: 04/11/2024 Marking nearly 30 years of fuel-cell electric vehicle (FCEV) innovation, Hyundai has introduced the Initium concept, an SUV embodying its “Art of Steel” design language. With a targeted range of 400 miles (644 km) and a 201 hp electric motor, the Initium represents Hyundai’s continued commitment to hydrogen as a clean energy source. The Initium will debut at Auto Guangzhou in China and the Los Angeles auto show, featuring a…