Author: PPD Team Date: 04/12/2024
Solex Energy Limited has won a Rs 188.74 million contract from Thenpandian Energy Innovations Private Limited to supply solar modules for a 13 MW solar photovoltaic (PV) power project in India.
The contract, awarded on November 30, 2024, involves the delivery of MONO BIFACIAL M10 PV modules.
The modules will be supplied within six months from the contract’s award date.
Author: PPD Team Date: 03/12/2024 Tasmania’s first large-scale solar photovoltaic (PV) project, the 288 MW Northern Midlands solar farm, has signed an offtake agreement with state-owned utility Hydro Tasmania, committing to purchase 100% of the energy generated by the A$500 million (US$325 million) project near Launceston. The farm, developed by TasRex in partnership with investment manager Birdwood Energy, is expected to be operational by 2027. Spanning 600 hectares and equipped with 670,000 solar PV modules,…
Author: PPD Team Date: 28/10/2024 Iberdrola has finalized the acquisition of an 88% stake in UK-based Electricity North West (ENW), valuing the entire company, including debt, at €5 billion ($5.4 billion). ENW serves approximately 5 million people across northwest England, including Manchester and the Lake District, managing 60,000 km of distribution networks. This acquisition is strategically significant for Iberdrola, as ENW is situated between the existing ScottishPower network regions in Scotland and areas in Merseyside…
Author: PPD Team Date: 03/01/2025 The Gujarat Electricity Regulatory Commission (GERC) has approved a power purchase agreement (PPA) between Jubilant Infrastructure, a subsidiary of Jubilant Ingrevia, and O2 Renewable Energy III, part of O2 Power, for 9 MW of wind-solar hybrid power at Rs 4.13 per kWh. Jubilant Infrastructure, an SEZ developer with a distribution licence since 2012, faced delays in operations due to low energy demand and an underdeveloped network. In August 2023, it…
Author: PPD Team Date: 04/03/2025 The Vietnam National Petroleum Group (Petrolimex) has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to promote energy transition in Vietnam. Under the agreement, ADB will help Petrolimex assess its investment portfolio and develop cleaner energy strategies. This partnership aligns with Vietnam’s low-carbon goals and ADB’s 2023-26 strategy focused on governance, green economy transition, and private sector growth. Petrolimex, which controls 50% of Vietnam’s fuel market…
Author: PPD Team Date: 27/11/2024 Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024. The contracts include Rs 9.64 billion for solar modules and Rs 1.23 billion for solar cells. Deliveries are expected to commence in January 2025.
Author: PPD Team Date: 03/12/2024 NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24 procurement. Over five years, NTPC’s MSME procurement grew six-fold, from Rs 16.67 billion in FY20…
Author: PPD Team Date: 03/12/2024 Tasmania’s first large-scale solar photovoltaic (PV) project, the 288 MW Northern Midlands solar farm, has signed an offtake agreement with state-owned utility Hydro Tasmania, committing to purchase 100% of the energy generated by the A$500 million (US$325 million) project near Launceston. The farm, developed by TasRex in partnership with investment manager Birdwood Energy, is expected to be operational by 2027. Spanning 600 hectares and equipped with 670,000 solar PV modules,…
Author: PPD Team Date: 28/10/2024 Iberdrola has finalized the acquisition of an 88% stake in UK-based Electricity North West (ENW), valuing the entire company, including debt, at €5 billion ($5.4 billion). ENW serves approximately 5 million people across northwest England, including Manchester and the Lake District, managing 60,000 km of distribution networks. This acquisition is strategically significant for Iberdrola, as ENW is situated between the existing ScottishPower network regions in Scotland and areas in Merseyside…
Author: PPD Team Date: 03/01/2025 The Gujarat Electricity Regulatory Commission (GERC) has approved a power purchase agreement (PPA) between Jubilant Infrastructure, a subsidiary of Jubilant Ingrevia, and O2 Renewable Energy III, part of O2 Power, for 9 MW of wind-solar hybrid power at Rs 4.13 per kWh. Jubilant Infrastructure, an SEZ developer with a distribution licence since 2012, faced delays in operations due to low energy demand and an underdeveloped network. In August 2023, it…
Author: PPD Team Date: 04/03/2025 The Vietnam National Petroleum Group (Petrolimex) has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to promote energy transition in Vietnam. Under the agreement, ADB will help Petrolimex assess its investment portfolio and develop cleaner energy strategies. This partnership aligns with Vietnam’s low-carbon goals and ADB’s 2023-26 strategy focused on governance, green economy transition, and private sector growth. Petrolimex, which controls 50% of Vietnam’s fuel market…
Author: PPD Team Date: 27/11/2024 Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024. The contracts include Rs 9.64 billion for solar modules and Rs 1.23 billion for solar cells. Deliveries are expected to commence in January 2025.
Author: PPD Team Date: 03/12/2024 NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24 procurement. Over five years, NTPC’s MSME procurement grew six-fold, from Rs 16.67 billion in FY20…
Author: PPD Team Date: 03/12/2024 Tasmania’s first large-scale solar photovoltaic (PV) project, the 288 MW Northern Midlands solar farm, has signed an offtake agreement with state-owned utility Hydro Tasmania, committing to purchase 100% of the energy generated by the A$500 million (US$325 million) project near Launceston. The farm, developed by TasRex in partnership with investment manager Birdwood Energy, is expected to be operational by 2027. Spanning 600 hectares and equipped with 670,000 solar PV modules,…
Author: PPD Team Date: 28/10/2024 Iberdrola has finalized the acquisition of an 88% stake in UK-based Electricity North West (ENW), valuing the entire company, including debt, at €5 billion ($5.4 billion). ENW serves approximately 5 million people across northwest England, including Manchester and the Lake District, managing 60,000 km of distribution networks. This acquisition is strategically significant for Iberdrola, as ENW is situated between the existing ScottishPower network regions in Scotland and areas in Merseyside…