Sunsure signs PPA to supply 21 MW solar power to Lupin
Author: PPD Team Date: September 16, 2024
Author: PPD Team Date: September 16, 2024
Sunsure Energy has signed a power purchase agreement (PPA) to provide 21 MW (31.5 MWp) of solar power to pharmaceutical giant Lupin. The power will be sourced from Sunsure’s 100 MW (150 MWp) solar plant in Solapur, Maharashtra, boosting renewable energy use across Lupin’s Tarapur facility.
Sunsure is also developing 500 MW of solar and wind energy parks in Maharashtra, with additional PPAs signed with companies such as KSB Pumps, Dabur, and Inox Air Products.
Author: PPD Team Date: July 1, 2025 The Ministry of Power has launched a dedicated task force to design the India Energy Stack (IES), a new digital public infrastructure aimed at transforming the power sector. Announced by Hon’ble Power Minister Shri Manohar Lal Khattar, the India Energy Stack will address long-standing gaps in data fragmentation and integration across the power sector. With rising renewable energy, electric vehicles, and decentralised generation, the sector faces increasing complexity….
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Author: PPD Team Date: February 24, 2025 ReNew has announced its financial results for the third quarter of FY 2024-25, ending December 31, 2024. The company recorded a revenue of Rs 21.2 billion, marking a 10 per cent year-on-year (YoY) increase from Rs 19.3 billion in Q3 FY 2023-24. Revenue from power sales stood at Rs 14.9 billion, slightly lower than Rs 15 billion in the previous year. Net loss widened to Rs 3.8 billion…
Author: PPD Team Date: October 16, 2024 Highview Power has announced plans to build a long-duration energy storage (LDES) project with a capacity of 2.5 GWh in Ayrshire, Scotland. Located at Peel Ports’ property in Hunterston, North Ayrshire, the project will provide five times Scotland’s current battery storage capacity and is supported by the Scottish government. The Hunterston LDES project will be developed in two stages. The first phase will establish grid connections and provide…
Author: PPD Team Date: October 15, 2024 Delhi Metro’s Blue Line, connecting Yamuna Bank with Vaishali in Ghaziabad, has received carbon-neutral certification, marking a significant milestone for the Delhi Metro Rail Corporation (DMRC). Officials highlighted this achievement as part of DMRC’s commitment to reducing its carbon footprint and addressing climate change. This certification follows similar recognition for DMRC’s corporate headquarters at Metro Bhawan and staff quarters in Sector-50, Noida. DMRC aims to inspire other urban…
Author: PPD Team Date: January 5, 2026 Gujarat Urja Vikas Nigam Limited (GUVNL) has awarded 306 MW of wind power capacity to four developers, finalising a competitive tender process initiated in September 2025. The tariffs discovered in this auction are notably lower than those in the utility’s previous wind procurement round. The allocation followed a three-month evaluation period for GUVNL’s 250 MW wind tender, which included a greenshoe option allowing for additional capacity. All projects…