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: 21/01/2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico. The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and a 55MW/55MWh…
Author: PPD Team Date: 28/02/2025 Shakti Pumps Limited has invested Rs 600 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 6 million equity shares with a face value of Rs 10 each. Last week, Shakti Pumps invested Rs 390 million in the subsidiary by subscribing to 4 million equity shares. Shakti EV Mobility is engaged in manufacturing, processing, trading, and distributing EV motors and charger controllers. Established…
Author: PPD Team Date: 12/09/2024 ITI Limited has received an order worth Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA) to supply and install 100,000 solar street light systems under the Mukhyamantri Gramin Solar Street Light Yojana. The project will cover districts including Gopalganj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria. The Naini Plant of ITI Limited will manage the supply and installation, which will be supervised by BREDA….
Author: PPD Team Date: 02/05/2025 IRCON Renewable Power Limited (IRPL) has commissioned 75 MW solar capacity under Lot-4 of the 500 MW Grid-Connected Solar PV Power Project (CPSU Tranche-III) at Pavagada, Karnataka, on May 2, 2025. This brings the total commissioned capacity under the project to 225 MW. The project is part of the 12,000 MW CPSU Scheme Phase-II and is being developed with viability gap funding (VGF) support on a build, own and operate…
Author: PPD Team Date: 03/01/2025 The US Nuclear Regulatory Commission (NRC) has approved the renewal of Xcel Energy’s Monticello nuclear plant operating licence, extending its operations until 2050, pending state regulator approval. The plant is a key component of Xcel Energy’s strategy to achieve 100% carbon-free electricity. It currently powers over 500,000 homes annually in the Upper Midwest. Xcel Energy CEO Bob Frenzel highlighted that nuclear energy will be crucial for meeting growing electricity demand…
Author: PPD Team Date: 12/05/2025 Uttar Pradesh Power Transmission Corporation Limited (UPPTCL) has re-invited bids for Package 24 under the Uttar Pradesh Green Energy Corridor II (GEC-II) Project. The notice was issued on May 8, 2025. The package involves the supply of two 500 MVA, 400/220 kV interconnecting transformers (ICTs). The contract will be executed on an engineering, procurement, and construction (EPC) turnkey basis. The estimated package cost is Rs 443.1 million. The last date…
Author: PPD Team Date: 21/01/2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico. The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and a 55MW/55MWh…
Author: PPD Team Date: 28/02/2025 Shakti Pumps Limited has invested Rs 600 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 6 million equity shares with a face value of Rs 10 each. Last week, Shakti Pumps invested Rs 390 million in the subsidiary by subscribing to 4 million equity shares. Shakti EV Mobility is engaged in manufacturing, processing, trading, and distributing EV motors and charger controllers. Established…
Author: PPD Team Date: 12/09/2024 ITI Limited has received an order worth Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA) to supply and install 100,000 solar street light systems under the Mukhyamantri Gramin Solar Street Light Yojana. The project will cover districts including Gopalganj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria. The Naini Plant of ITI Limited will manage the supply and installation, which will be supervised by BREDA….
Author: PPD Team Date: 02/05/2025 IRCON Renewable Power Limited (IRPL) has commissioned 75 MW solar capacity under Lot-4 of the 500 MW Grid-Connected Solar PV Power Project (CPSU Tranche-III) at Pavagada, Karnataka, on May 2, 2025. This brings the total commissioned capacity under the project to 225 MW. The project is part of the 12,000 MW CPSU Scheme Phase-II and is being developed with viability gap funding (VGF) support on a build, own and operate…
Author: PPD Team Date: 03/01/2025 The US Nuclear Regulatory Commission (NRC) has approved the renewal of Xcel Energy’s Monticello nuclear plant operating licence, extending its operations until 2050, pending state regulator approval. The plant is a key component of Xcel Energy’s strategy to achieve 100% carbon-free electricity. It currently powers over 500,000 homes annually in the Upper Midwest. Xcel Energy CEO Bob Frenzel highlighted that nuclear energy will be crucial for meeting growing electricity demand…
Author: PPD Team Date: 12/05/2025 Uttar Pradesh Power Transmission Corporation Limited (UPPTCL) has re-invited bids for Package 24 under the Uttar Pradesh Green Energy Corridor II (GEC-II) Project. The notice was issued on May 8, 2025. The package involves the supply of two 500 MVA, 400/220 kV interconnecting transformers (ICTs). The contract will be executed on an engineering, procurement, and construction (EPC) turnkey basis. The estimated package cost is Rs 443.1 million. The last date…
Author: PPD Team Date: 21/01/2025 Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico. The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and a 55MW/55MWh…
Author: PPD Team Date: 28/02/2025 Shakti Pumps Limited has invested Rs 600 million in its wholly owned subsidiary, Shakti Electric Vehicle (EV) Mobility Private Limited, by subscribing to 6 million equity shares with a face value of Rs 10 each. Last week, Shakti Pumps invested Rs 390 million in the subsidiary by subscribing to 4 million equity shares. Shakti EV Mobility is engaged in manufacturing, processing, trading, and distributing EV motors and charger controllers. Established…