Author: PPD Team Date: 25/10/2024
Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received a letter of intent (LoI) to develop solar power projects with a total capacity of 9 MW under the company’s captive power producer (CPP) segment.
The projects are scheduled for completion in various tranches by May 2025.
Author: PPD Team Date: 07/02/2025 A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy technologies. The report projects that the LCOE of fixed-axis utility-scale solar projects will decline 2% year-over-year, from $36 per MWh in 2024 to $35 per MWh in 2025. By 2035, this is expected…
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: 12/05/2025 NHPC Limited has raised Rs 19.45 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative, taxable bonds (NCTs). These bonds, part of the 6.86% AF series, were issued on a private placement basis and will mature on May 6, 2040. The allotment date was May 6, 2025, giving the bonds a 15-year tenure. The bonds will be listed on the wholesale debt market segments of the Bombay Stock Exchange (BSE)…
Author: PPD Team Date: 06/11/2024 India is overhauling its electricity demand forecasting approach to better align generation capacity with actual needs and support grid stability amid growing clean energy volumes. The Central Electricity Authority (CEA) is collaborating with weather agencies for enhanced environmental data and plans to increase forecast frequency, transitioning from assessments every five years to a two-year and eventually annual schedule, according to Chairperson Ghanshyam Prasad. Rising usage of intermittent solar and wind…
Author: PPD Team Date: 23/10/2024 The Asian Development Bank (ADB) has approved an additional USD 15 million grant to aid Tajikistan’s efforts in reconnecting its power grid with the Central Asian Power System (CAPS) and enhancing interconnections with Uzbekistan. This follows the signing of a power trade agreement aimed at restarting electricity trade between the two countries, marking progress toward a renewed regional energy network. The ADB-supported project includes the construction of a new 22…
Author: PPD Team Date: 24/12/2024 The Philippines Energy Regulatory Commission (ERC) has approved two transmission projects by the National Grid Corporation of the Philippines (NGCP), the private operator of the country’s transmission network. The projects include the PHP20.65 billion, 500 kV Balaoan–Laoag transmission line and the PHP2,585 million, 230 kV Capas substation in Luzon. The Balaoan–Laoag line, connecting La Union and Ilocos Norte, aims to strengthen the grid and integrate renewable energy sources in the…
Author: PPD Team Date: 07/02/2025 A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy technologies. The report projects that the LCOE of fixed-axis utility-scale solar projects will decline 2% year-over-year, from $36 per MWh in 2024 to $35 per MWh in 2025. By 2035, this is expected…
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: 12/05/2025 NHPC Limited has raised Rs 19.45 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative, taxable bonds (NCTs). These bonds, part of the 6.86% AF series, were issued on a private placement basis and will mature on May 6, 2040. The allotment date was May 6, 2025, giving the bonds a 15-year tenure. The bonds will be listed on the wholesale debt market segments of the Bombay Stock Exchange (BSE)…
Author: PPD Team Date: 06/11/2024 India is overhauling its electricity demand forecasting approach to better align generation capacity with actual needs and support grid stability amid growing clean energy volumes. The Central Electricity Authority (CEA) is collaborating with weather agencies for enhanced environmental data and plans to increase forecast frequency, transitioning from assessments every five years to a two-year and eventually annual schedule, according to Chairperson Ghanshyam Prasad. Rising usage of intermittent solar and wind…
Author: PPD Team Date: 23/10/2024 The Asian Development Bank (ADB) has approved an additional USD 15 million grant to aid Tajikistan’s efforts in reconnecting its power grid with the Central Asian Power System (CAPS) and enhancing interconnections with Uzbekistan. This follows the signing of a power trade agreement aimed at restarting electricity trade between the two countries, marking progress toward a renewed regional energy network. The ADB-supported project includes the construction of a new 22…
Author: PPD Team Date: 24/12/2024 The Philippines Energy Regulatory Commission (ERC) has approved two transmission projects by the National Grid Corporation of the Philippines (NGCP), the private operator of the country’s transmission network. The projects include the PHP20.65 billion, 500 kV Balaoan–Laoag transmission line and the PHP2,585 million, 230 kV Capas substation in Luzon. The Balaoan–Laoag line, connecting La Union and Ilocos Norte, aims to strengthen the grid and integrate renewable energy sources in the…
Author: PPD Team Date: 07/02/2025 A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy technologies. The report projects that the LCOE of fixed-axis utility-scale solar projects will decline 2% year-over-year, from $36 per MWh in 2024 to $35 per MWh in 2025. By 2035, this is expected…
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…