Author: PPD Team Date: December 3, 2024
Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.
The project, awarded by an independent power producer, involves the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC PV system.
Author: PPD Team Date: December 31, 2025 India has accelerated its clean energy expansion, achieving 50 per cent of its installed electricity capacity from non-fossil fuel sources five years before its 2030 target. As of November 2025, renewable energy (RE) capacity stands at 253.96 gigawatts (GW), with a record 44.51 GW added in 2025, according to the MNRE. India’s cumulative non-fossil fuel-based power capacity reached 262.74 GW in November 2025. This includes renewables, large hydro,…
Author: PPD Team Date: November 13, 2024 The UK energy regulator, Ofgem, has approved the initial stages of two interconnector pilot projects, LionLink and Nautilus, aimed at linking the UK’s transmission network with offshore wind farms in the North Sea. These “offshore hybrid assets” will connect UK, Dutch, and Belgian grids directly to offshore wind farms, delivering a combined capacity of 3.2 GW. National Grid is leading the projects in partnership with Dutch and Belgian…
Author: PPD Team Date: February 10, 2026 Pace Digitek Limited reported year-on-year growth in revenue and profit for the third quarter of FY26, supported by steady order inflows and execution across its energy and telecom infrastructure businesses. For the quarter ended December 31, 2025, consolidated revenue from operations rose 13.5% to Rs 6,440 million. Profit after tax (PAT) increased 11.3% to Rs 788 million. As of January 31, 2026, the company reported an order book…
Author: PPD Team Date: September 19, 2024 Transformers and Rectifiers (India) Ltd (TRIL) has secured an order worth Rs 1.14 billion from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) to supply 50 MVA, 132/33 kV power transformers. The delivery is expected by the next financial year. This follows a Rs 910 million order from SPIL last month. TRIL, known for high-voltage transformers, has achieved significant milestones, including the world’s first 420 kV ester fluid-filled shunt reactor….
Author: PPD Team Date: December 18, 2024 Cubico Sustainable Investments has achieved financial close for the Wambo wind farm project in Queensland, Australia. The project comprises the 252MW Stage I and 254MW Stage II wind farms. Two separate five-year project finance facilities, totalling A$650m ($412m), have been secured. The funding comes from a consortium of banks, including ANZ, Crédit Agricole, ING, NAB, and Westpac. ANZ is also providing bank guarantee facilities, while NAB acts as…
Author: PPD Team Date: October 17, 2025 The Solar Energy Corporation of India Ltd (SECI) has concluded a tender for 2 GW of solar PV projects paired with a 1 GW/4 GWh energy storage system (ESS), discovering a lowest tariff of Rs 2.86/kWh. Falling battery costs and competitive bidding, including participation from new entrants, contributed to the record low price. Shivalaya Construction Ltd won 600 MW at Rs 2.86/kWh, followed by Purvah Green Power (300…