Author: PPD Team Date: 13/11/2024
Surana Solar Limited has acquired a 100% stake in Surana Technologies Private Limited, making it a wholly-owned subsidiary.
Surana Technologies, with an authorized, subscribed, and paid-up capital of Rs 100,000, operates in the solar energy sector, specializing in trading, distribution, supply, generation, transmission, and manufacturing of solar products.
This acquisition aligns with Surana Solar’s strategy to enhance its execution capacity for solar projects.
Author: PPD Team Date: 14/05/2025 KEC International Limited, an infrastructure EPC company under the RPG Group, has secured new orders worth Rs 10.34 billion across its Transmission & Distribution (T&D), Civil, and Cables businesses. These contracts were announced on May 12, 2025. In the T&D segment, KEC won a STATCOM (Static Synchronous Compensator) project from a global Original Equipment Manufacturer (OEM) in India. This marks KEC’s first entry into the STATCOM segment, expanding its substation-related…
Author: PPD Team Date: 04/11/2024 Renewable energy firm JERA Nex has formed a strategic partnership with Catalyst Energy Partners (CEP) to accelerate clean energy deployment across the United States. This collaboration aims to develop, construct, own, and operate new utility-scale renewable energy facilities, leveraging existing grid infrastructure alongside conventional power plants. Through this partnership, JERA Nex will provide financial backing, strategic insights, and operational expertise to support CEP’s clean energy projects. CEP brings a portfolio…
Author: PPD Team Date: 07/01/2025 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has partnered with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to create a joint venture (JV) for renewable energy parks and projects. NGEL holds a 51% stake, subscribing to 51,000 equity shares at Rs 10 each, while UPRVUNL retains 49%. The JV will focus on the development, operation, and maintenance of renewable energy projects, contributing to India’s green energy…
Author: PPD Team Date: 21/10/2024 Gevo has obtained a conditional $1.46 billion loan guarantee from the US Department of Energy’s (DOE) Loan Programs Office for its Net-Zero 1 (NZ1) project in Lake Preston, South Dakota. Including capitalised interest, the loan facility provides a borrowing capacity of $1.63 billion. The NZ1 plant will use 100% US-sourced feedstocks to produce approximately 60 million gallons of sustainable aviation fuel (SAF), 1.3 billion pounds of protein and animal feed,…
Author: PPD Team Date: 25/11/2024 Taiwan’s Synera Renewable Energy Group (SRE Group) and South Korea’s Moondo Wind Energy (MWE) have launched a joint venture, Moondo Offshore Wind Energy, to develop an 840 MW offshore wind farm near Geomundo Island in Yeosu City, Jeollanam-do Province. This project marks SRE Group’s debut in South Korea and its second international venture, following its expansion into Northern Kyushu, Japan. The South Korean government has granted an electricity business license…
Author: PPD Team Date: 17/01/2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This marks the…
Author: PPD Team Date: 14/05/2025 KEC International Limited, an infrastructure EPC company under the RPG Group, has secured new orders worth Rs 10.34 billion across its Transmission & Distribution (T&D), Civil, and Cables businesses. These contracts were announced on May 12, 2025. In the T&D segment, KEC won a STATCOM (Static Synchronous Compensator) project from a global Original Equipment Manufacturer (OEM) in India. This marks KEC’s first entry into the STATCOM segment, expanding its substation-related…
Author: PPD Team Date: 04/11/2024 Renewable energy firm JERA Nex has formed a strategic partnership with Catalyst Energy Partners (CEP) to accelerate clean energy deployment across the United States. This collaboration aims to develop, construct, own, and operate new utility-scale renewable energy facilities, leveraging existing grid infrastructure alongside conventional power plants. Through this partnership, JERA Nex will provide financial backing, strategic insights, and operational expertise to support CEP’s clean energy projects. CEP brings a portfolio…
Author: PPD Team Date: 07/01/2025 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has partnered with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to create a joint venture (JV) for renewable energy parks and projects. NGEL holds a 51% stake, subscribing to 51,000 equity shares at Rs 10 each, while UPRVUNL retains 49%. The JV will focus on the development, operation, and maintenance of renewable energy projects, contributing to India’s green energy…
Author: PPD Team Date: 21/10/2024 Gevo has obtained a conditional $1.46 billion loan guarantee from the US Department of Energy’s (DOE) Loan Programs Office for its Net-Zero 1 (NZ1) project in Lake Preston, South Dakota. Including capitalised interest, the loan facility provides a borrowing capacity of $1.63 billion. The NZ1 plant will use 100% US-sourced feedstocks to produce approximately 60 million gallons of sustainable aviation fuel (SAF), 1.3 billion pounds of protein and animal feed,…
Author: PPD Team Date: 25/11/2024 Taiwan’s Synera Renewable Energy Group (SRE Group) and South Korea’s Moondo Wind Energy (MWE) have launched a joint venture, Moondo Offshore Wind Energy, to develop an 840 MW offshore wind farm near Geomundo Island in Yeosu City, Jeollanam-do Province. This project marks SRE Group’s debut in South Korea and its second international venture, following its expansion into Northern Kyushu, Japan. The South Korean government has granted an electricity business license…
Author: PPD Team Date: 17/01/2025 China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in the first 11 months of 2023, marking a shift towards grid infrastructure, as reported by Bloomberg. Investment in new power capacity was larger at 866.5 billion yuan, showing a 12% increase. This marks the…
Author: PPD Team Date: 14/05/2025 KEC International Limited, an infrastructure EPC company under the RPG Group, has secured new orders worth Rs 10.34 billion across its Transmission & Distribution (T&D), Civil, and Cables businesses. These contracts were announced on May 12, 2025. In the T&D segment, KEC won a STATCOM (Static Synchronous Compensator) project from a global Original Equipment Manufacturer (OEM) in India. This marks KEC’s first entry into the STATCOM segment, expanding its substation-related…
Author: PPD Team Date: 04/11/2024 Renewable energy firm JERA Nex has formed a strategic partnership with Catalyst Energy Partners (CEP) to accelerate clean energy deployment across the United States. This collaboration aims to develop, construct, own, and operate new utility-scale renewable energy facilities, leveraging existing grid infrastructure alongside conventional power plants. Through this partnership, JERA Nex will provide financial backing, strategic insights, and operational expertise to support CEP’s clean energy projects. CEP brings a portfolio…