Solex Energy wins contracts for 120 MW solar projects
Author: PPD Team Date: 02/01/2025
Author: PPD Team Date: 02/01/2025
Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India.
The contracts include:
Author: PPD Team Date: 13/02/2025 Punjab State Power Corporation Limited (PSPCL) has issued Letters of Award (LoAs) to five firms for developing a total of 31.37 MW grid-connected rooftop solar photovoltaic (PV) projects under the capital expenditure (CAPEX) model. The projects will be installed across various locations in Punjab. Sugs Lloyd Private Limited secured contracts for multiple packages, including 5.113 MW on 199 buildings in Jalandhar (Rs 207.09 million), 3.019 MW on 92 buildings in…
Author: PPD Team Date: 10/02/2025 Torrent Power has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company reported a 31% year-on-year increase in profit after tax (PAT), reaching Rs 4.89 billion. The growth in PAT was largely driven by increased power demand during colder weather conditions and a one-time gain of Rs 770 million from cable sales, which contributed to a rise in other income. The company’s…
Author: PPD Team Date: 22/04/2025 Uttar Pradesh is stepping up its solar push. The state plans to install 8 lakh rooftop solar units by March 2027 under the PM Surya Ghar Yojana. The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is leading the effort. For the current financial year, the target is 2.65 lakh units. To stay on track, the state is aiming for 22,000 installations every month. The goal is to boost…
Author: PPD Team Date: 16/12/2024 Masdar, an Abu Dhabi-based future energy company, has inaugurated the 500MW Zarafshan wind farm in Uzbekistan, marking the largest wind facility in Central Asia. The project was officially opened by Uzbekistan’s President Shavkat Mirziyoyev, underscoring the country’s dedication to expanding its clean energy capacity and its partnership with the UAE in advancing renewable energy. Masdar CEO Mohamed Jameel Al Ramahi emphasized Uzbekistan’s role as a key hub for renewable energy,…
Author: PPD Team Date: 14/01/2025 GE Vernova’s Onshore Wind division has secured an order to supply 14 4.2 MW-117m turbines for the Iwaya and Shitsukari wind farms in Aomori, Japan. Developed by Eurus, the projects are expected to begin commercial operations by 2028. This order, secured in the fourth quarter of 2024, is part of GE Vernova’s continued efforts to support Japan’s renewable energy goals. This is the fourth major order for GE Vernova in…
Author: PPD Team Date: 29/11/2024 Strike Energy has announced a final investment decision (FID) to proceed with the South Erregulla gas power plant in Western Australia. The 85 MW facility will supply firming power to the South West Interconnected System through the existing 132 kVa transmission line between Geraldton and Three Springs. The project’s FID was bolstered by improved economics due to increased projected plant utilization and high future capacity credit prices. Utilization is expected…
Author: PPD Team Date: 13/02/2025 Punjab State Power Corporation Limited (PSPCL) has issued Letters of Award (LoAs) to five firms for developing a total of 31.37 MW grid-connected rooftop solar photovoltaic (PV) projects under the capital expenditure (CAPEX) model. The projects will be installed across various locations in Punjab. Sugs Lloyd Private Limited secured contracts for multiple packages, including 5.113 MW on 199 buildings in Jalandhar (Rs 207.09 million), 3.019 MW on 92 buildings in…
Author: PPD Team Date: 10/02/2025 Torrent Power has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company reported a 31% year-on-year increase in profit after tax (PAT), reaching Rs 4.89 billion. The growth in PAT was largely driven by increased power demand during colder weather conditions and a one-time gain of Rs 770 million from cable sales, which contributed to a rise in other income. The company’s…
Author: PPD Team Date: 22/04/2025 Uttar Pradesh is stepping up its solar push. The state plans to install 8 lakh rooftop solar units by March 2027 under the PM Surya Ghar Yojana. The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is leading the effort. For the current financial year, the target is 2.65 lakh units. To stay on track, the state is aiming for 22,000 installations every month. The goal is to boost…
Author: PPD Team Date: 16/12/2024 Masdar, an Abu Dhabi-based future energy company, has inaugurated the 500MW Zarafshan wind farm in Uzbekistan, marking the largest wind facility in Central Asia. The project was officially opened by Uzbekistan’s President Shavkat Mirziyoyev, underscoring the country’s dedication to expanding its clean energy capacity and its partnership with the UAE in advancing renewable energy. Masdar CEO Mohamed Jameel Al Ramahi emphasized Uzbekistan’s role as a key hub for renewable energy,…
Author: PPD Team Date: 14/01/2025 GE Vernova’s Onshore Wind division has secured an order to supply 14 4.2 MW-117m turbines for the Iwaya and Shitsukari wind farms in Aomori, Japan. Developed by Eurus, the projects are expected to begin commercial operations by 2028. This order, secured in the fourth quarter of 2024, is part of GE Vernova’s continued efforts to support Japan’s renewable energy goals. This is the fourth major order for GE Vernova in…
Author: PPD Team Date: 29/11/2024 Strike Energy has announced a final investment decision (FID) to proceed with the South Erregulla gas power plant in Western Australia. The 85 MW facility will supply firming power to the South West Interconnected System through the existing 132 kVa transmission line between Geraldton and Three Springs. The project’s FID was bolstered by improved economics due to increased projected plant utilization and high future capacity credit prices. Utilization is expected…
Author: PPD Team Date: 13/02/2025 Punjab State Power Corporation Limited (PSPCL) has issued Letters of Award (LoAs) to five firms for developing a total of 31.37 MW grid-connected rooftop solar photovoltaic (PV) projects under the capital expenditure (CAPEX) model. The projects will be installed across various locations in Punjab. Sugs Lloyd Private Limited secured contracts for multiple packages, including 5.113 MW on 199 buildings in Jalandhar (Rs 207.09 million), 3.019 MW on 92 buildings in…
Author: PPD Team Date: 10/02/2025 Torrent Power has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company reported a 31% year-on-year increase in profit after tax (PAT), reaching Rs 4.89 billion. The growth in PAT was largely driven by increased power demand during colder weather conditions and a one-time gain of Rs 770 million from cable sales, which contributed to a rise in other income. The company’s…