Author: PPD Team Date: 06/11/2024
Tata Power Company Limited posted a net profit of Rs 10.93 billion for the quarter ending September 2024, marking a 7.47 per cent rise from Rs 10.17 billion in the same period last year.
The company’s total income grew by approximately 1.13 per cent to Rs 162.11 billion in Q2 FY2024, up from Rs 160.3 billion in the corresponding quarter of the previous year.
Author: PPD Team Date: 24/01/2025 Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of high-voltage transmission lines, 1,627 MVA capacity substations, and repairing 309 transformers and over 6,400 km of transmission lines. The grid also integrated renewable energy projects, connecting 763 MW of solar and…
Author: PPD Team Date: 23/01/2025 Power Grid Corporation of India Ltd (PGCIL) announced that its subsidiary, Powergrid Sikar Transmission Ltd, has received notification for the commercial operation of “Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under Phase-II Part-C.” The project, which was fully commissioned on December 19, 2024, became operational on January 22, 2025. PGCIL, selected as the developer under TBCB, operates the project through Powergrid…
Author: PPD Team Date: 06/01/2025 Greg Skinner, a private investor, has acquired a 50% share of Ethical Power Group from Hive Energy. As part of the deal, Skinner will provide an additional £15 million working capital loan to support the company’s continued growth. Skinner will also join the Ethical Power Group board. Ethical Power, founded in 2010, is a global renewable energy company that operates across Europe and New Zealand. The company employs over 300…
Author: PPD Team Date: 24/12/2024 Chhattisgarh has secured investment proposals worth Rs 151.84 billion from top companies in sectors like semiconductors, electric vehicles (EV), and renewable energy. The highest proposal of Rs 115 billion comes from Renew Power Limited for pump storage and green hydrogen projects. Other notable investments include Rs 16.5 billion from TWI Group for EV kit manufacturing, Rs 11.34 billion from Polymatech Electronics in semiconductors, and Rs 3 billion from Teleperformance for…
Author: PPD Team Date: 06/11/2024 Westbridge Renewable Energy has completed the sale of its 75% stake in the Sunnynook solar and battery energy storage system (BESS) project to METLEN Energy & Metals. Located in Alberta’s Special Area No. 2, the 332 MWdc Sunnynook solar project includes a 200 MWh BESS and is approved by the Alberta Utilities Commission, currently progressing in the Alberta Electrical System Operator’s connection process. The C$41.4 million ($29.7 million) transaction involved…
Author: PPD Team Date: 07/03/2025 Goldi Solar has introduced an artificial intelligence (AI)-driven solar module manufacturing line at its new facility in Kosamba, Surat, Gujarat. The facility, designed for a production capacity of 14 GW, features high-speed stringers capable of processing 10,000 cells per hour. AI-driven automation ensures consistency, minimizes errors, and reduces material wastage. An AI-powered optical inspection system enables real-time quality control, using computer vision to detect microscopic defects. The facility includes a…
Author: PPD Team Date: 24/01/2025 Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of high-voltage transmission lines, 1,627 MVA capacity substations, and repairing 309 transformers and over 6,400 km of transmission lines. The grid also integrated renewable energy projects, connecting 763 MW of solar and…
Author: PPD Team Date: 23/01/2025 Power Grid Corporation of India Ltd (PGCIL) announced that its subsidiary, Powergrid Sikar Transmission Ltd, has received notification for the commercial operation of “Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under Phase-II Part-C.” The project, which was fully commissioned on December 19, 2024, became operational on January 22, 2025. PGCIL, selected as the developer under TBCB, operates the project through Powergrid…
Author: PPD Team Date: 06/01/2025 Greg Skinner, a private investor, has acquired a 50% share of Ethical Power Group from Hive Energy. As part of the deal, Skinner will provide an additional £15 million working capital loan to support the company’s continued growth. Skinner will also join the Ethical Power Group board. Ethical Power, founded in 2010, is a global renewable energy company that operates across Europe and New Zealand. The company employs over 300…
Author: PPD Team Date: 24/12/2024 Chhattisgarh has secured investment proposals worth Rs 151.84 billion from top companies in sectors like semiconductors, electric vehicles (EV), and renewable energy. The highest proposal of Rs 115 billion comes from Renew Power Limited for pump storage and green hydrogen projects. Other notable investments include Rs 16.5 billion from TWI Group for EV kit manufacturing, Rs 11.34 billion from Polymatech Electronics in semiconductors, and Rs 3 billion from Teleperformance for…
Author: PPD Team Date: 06/11/2024 Westbridge Renewable Energy has completed the sale of its 75% stake in the Sunnynook solar and battery energy storage system (BESS) project to METLEN Energy & Metals. Located in Alberta’s Special Area No. 2, the 332 MWdc Sunnynook solar project includes a 200 MWh BESS and is approved by the Alberta Utilities Commission, currently progressing in the Alberta Electrical System Operator’s connection process. The C$41.4 million ($29.7 million) transaction involved…
Author: PPD Team Date: 07/03/2025 Goldi Solar has introduced an artificial intelligence (AI)-driven solar module manufacturing line at its new facility in Kosamba, Surat, Gujarat. The facility, designed for a production capacity of 14 GW, features high-speed stringers capable of processing 10,000 cells per hour. AI-driven automation ensures consistency, minimizes errors, and reduces material wastage. An AI-powered optical inspection system enables real-time quality control, using computer vision to detect microscopic defects. The facility includes a…
Author: PPD Team Date: 24/01/2025 Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of high-voltage transmission lines, 1,627 MVA capacity substations, and repairing 309 transformers and over 6,400 km of transmission lines. The grid also integrated renewable energy projects, connecting 763 MW of solar and…
Author: PPD Team Date: 23/01/2025 Power Grid Corporation of India Ltd (PGCIL) announced that its subsidiary, Powergrid Sikar Transmission Ltd, has received notification for the commercial operation of “Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under Phase-II Part-C.” The project, which was fully commissioned on December 19, 2024, became operational on January 22, 2025. PGCIL, selected as the developer under TBCB, operates the project through Powergrid…