Author: PPD Team Date: 15/10/2024
Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.
In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.
Author: PPD Team Date: 11/12/2024 Iberdrola has received a production licence from the Portuguese Directorate-General for Energy and Geology (DGEG) for a 274 MW wind project in Vila Real and Braga. The project involves an investment of €350 million ($369 million) and will integrate with the Tâmega hydroelectric system. This marks Portugal’s first hybrid wind and hydro energy project, with a production capacity of 601 GWh annually. It is part of the Tâmega power plant…
Author: PPD Team Date: 13/02/2025 ONGC NTPC Green Limited (ONGPL), a joint venture between ONGC Green and NTPC Green Energy Limited, has signed a share purchase agreement to acquire a 100 per cent equity stake in Ayana Renewable Power for Rs 195 billion. The agreement was finalized with the National Investment and Infrastructure Fund (NIIF), British International Investment and its subsidiaries, and Eversource Capital. NIIF is the majority shareholder in Ayana. For this transaction, Deloitte…
Author: PPD Team Date: 23/12/2024 GE Vernova Inc., through its joint venture KAPES, has been selected by Korea Electric Power Corporation (KEPCO) to provide an advanced high-voltage direct current (HVDC) system for South Korea’s largest power grid infrastructure initiative. KAPES will deliver a HVDC system using Line Commutated Converter (LCC) technology for the 500 kV Donghaean #2 to Dong-Seoul HVDC converter station project (EP2). The project is part of a 4 GW HVDC transmission link…
Author: PPD Team Date: 21/02/2025 Matel Motion & Energy Solutions Private Limited has partnered with Honda Power Pack Energy India Private Limited (HEID) to integrate its ePowertrain with HEID’s swappable battery system. This collaboration aims to provide electric vehicle (EV) manufacturers with efficient and adaptable battery-swapping solutions, addressing key challenges in EV adoption. Under the partnership, Matel will customize its powertrain solutions to seamlessly integrate with HEID’s swappable battery technology, offering a scalable alternative to…
Author: PPD Team Date: 28/10/2024 Offshore contractor DEME has secured a contract to transport and install inter-array cables and secondary steel components for the 800 MW OranjeWind offshore wind farm in the Dutch North Sea. The wind farm, located 53 km from the Dutch coast, is a joint venture between RWE and TotalEnergies. DEME’s scope includes the installation of 114 km of inter-array cables connecting 53 foundations to the offshore substation. Scheduled to start in…
Author: PPD Team Date: 10/12/2024 Solar91 Cleantech has received approval from the Bombay Stock Exchange to proceed with its small medium enterprise (SME) initial public offering (IPO). The IPO will involve the issuance of up to 5.43 million equity shares, targeting a fundraising of Rs 1 billion. The proceeds will be used to support Solar91 Cleantech’s transition into an independent power producer and to expand its turnkey engineering, procurement, and construction services for renewable energy…
Author: PPD Team Date: 11/12/2024 Iberdrola has received a production licence from the Portuguese Directorate-General for Energy and Geology (DGEG) for a 274 MW wind project in Vila Real and Braga. The project involves an investment of €350 million ($369 million) and will integrate with the Tâmega hydroelectric system. This marks Portugal’s first hybrid wind and hydro energy project, with a production capacity of 601 GWh annually. It is part of the Tâmega power plant…
Author: PPD Team Date: 13/02/2025 ONGC NTPC Green Limited (ONGPL), a joint venture between ONGC Green and NTPC Green Energy Limited, has signed a share purchase agreement to acquire a 100 per cent equity stake in Ayana Renewable Power for Rs 195 billion. The agreement was finalized with the National Investment and Infrastructure Fund (NIIF), British International Investment and its subsidiaries, and Eversource Capital. NIIF is the majority shareholder in Ayana. For this transaction, Deloitte…
Author: PPD Team Date: 23/12/2024 GE Vernova Inc., through its joint venture KAPES, has been selected by Korea Electric Power Corporation (KEPCO) to provide an advanced high-voltage direct current (HVDC) system for South Korea’s largest power grid infrastructure initiative. KAPES will deliver a HVDC system using Line Commutated Converter (LCC) technology for the 500 kV Donghaean #2 to Dong-Seoul HVDC converter station project (EP2). The project is part of a 4 GW HVDC transmission link…
Author: PPD Team Date: 21/02/2025 Matel Motion & Energy Solutions Private Limited has partnered with Honda Power Pack Energy India Private Limited (HEID) to integrate its ePowertrain with HEID’s swappable battery system. This collaboration aims to provide electric vehicle (EV) manufacturers with efficient and adaptable battery-swapping solutions, addressing key challenges in EV adoption. Under the partnership, Matel will customize its powertrain solutions to seamlessly integrate with HEID’s swappable battery technology, offering a scalable alternative to…
Author: PPD Team Date: 28/10/2024 Offshore contractor DEME has secured a contract to transport and install inter-array cables and secondary steel components for the 800 MW OranjeWind offshore wind farm in the Dutch North Sea. The wind farm, located 53 km from the Dutch coast, is a joint venture between RWE and TotalEnergies. DEME’s scope includes the installation of 114 km of inter-array cables connecting 53 foundations to the offshore substation. Scheduled to start in…
Author: PPD Team Date: 10/12/2024 Solar91 Cleantech has received approval from the Bombay Stock Exchange to proceed with its small medium enterprise (SME) initial public offering (IPO). The IPO will involve the issuance of up to 5.43 million equity shares, targeting a fundraising of Rs 1 billion. The proceeds will be used to support Solar91 Cleantech’s transition into an independent power producer and to expand its turnkey engineering, procurement, and construction services for renewable energy…
Author: PPD Team Date: 11/12/2024 Iberdrola has received a production licence from the Portuguese Directorate-General for Energy and Geology (DGEG) for a 274 MW wind project in Vila Real and Braga. The project involves an investment of €350 million ($369 million) and will integrate with the Tâmega hydroelectric system. This marks Portugal’s first hybrid wind and hydro energy project, with a production capacity of 601 GWh annually. It is part of the Tâmega power plant…
Author: PPD Team Date: 13/02/2025 ONGC NTPC Green Limited (ONGPL), a joint venture between ONGC Green and NTPC Green Energy Limited, has signed a share purchase agreement to acquire a 100 per cent equity stake in Ayana Renewable Power for Rs 195 billion. The agreement was finalized with the National Investment and Infrastructure Fund (NIIF), British International Investment and its subsidiaries, and Eversource Capital. NIIF is the majority shareholder in Ayana. For this transaction, Deloitte…