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: 21/11/2024 Masdar and SOCAR Green have achieved financial close for two solar projects in Azerbaijan: the 445MW Bilasuvar plant and the 315MW Neftchala plant, with a combined capacity of 760MW. The total investment for the projects exceeds $600 million, funded by the European Bank for Reconstruction and Development, the Asian Development Bank, and the Asian Infrastructure and Investment Bank. The financial agreements were signed during the COP29 conference in November 2024…
Author: PPD Team Date: 04/11/2024 Swedish nuclear power company Blykalla has joined forces with engineering giant ABB to develop an electric small modular reactor (SMR) pilot facility in Oskarshamn, southern Sweden. The companies signed a Memorandum of Understanding (MOU) to collaborate on SMR technology that aligns with Sweden’s clean energy and decarbonisation goals. This initial project will focus on constructing a testing facility for Blykalla’s SEALER-E prototype, an electric lead-cooled fast reactor (LFR), to simulate…
Author: PPD Team Date: 21/01/2025 Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment. The government, in collaboration with PT PLN (Persero), will prioritize the development of transmission lines to support renewable energy generation, according to Energy Minister Bahlil Lahadalia. The strategy is part of PLN’s 2025-2034 power supply plan, which includes 48,000km of circuit transmission lines, supporting 60% of new power plants to…
Author: PPD Team Date: 07/03/2025 Sapher has partnered with the Punjab government to develop solar farms in high-potential locations such as Fazilka and Ferozepur. This initiative is being executed in collaboration with Punjab Generation Company, a wholly-owned subsidiary of the Punjab Energy Development Agency. The goal is to boost the state’s renewable energy capacity while addressing challenges associated with canal-based hydropower. We have been closely following Punjab’s renewable energy initiatives. This year, Solidus Techno Power…
Author: PPD Team Date: 13/01/2025 Telangana Renewable Energy Development Corporation Limited (TGREDCO) plans to develop 1,000 MW rooftop solar projects, with each project having a capacity of 1 MW, across various locations in Telangana. The projects will be implemented under the “Indira Mahila Shakti Scheme” by women self-help groups (SHGs). The scope of work includes the design, supply, installation, testing, commissioning, and integration of a remote monitoring system (RMS), along with five years of operation…
Author: PPD Team Date: 17/03/2025 The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued Letters of Award (LoAs) to 26 firms for developing a total of 980.3 MW grid-connected solar power plants under the Renewable Energy Service Company (RESCO) model. These projects, awarded under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, will be set up across various locations in Uttar Pradesh. List of winning firms and awarded capacities:…