Author: PPD Team Date: January 22, 2025
The Travancore Devaswom Board (TDB) plans to set up a solar energy plant with technical support from Cochin International Airport Limited (CIAL), recognized as the first fully solar-powered airport.
CIAL is preparing the detailed project report and offering technical guidance for the initiative.
Author: PPD Team Date: October 28, 2024 REC Power Development & Consultancy Ltd (RECPDCL) established a project special purpose vehicle (SPV) named “Ratle Kiru Power Transmission Ltd” on October 23, 2024, as a wholly-owned subsidiary. This SPV will develop the ISTS scheme titled “Transmission scheme for evacuation of power from Ratle HEP (850 MW) & Kiru HEP (624 MW): Part-A” in Jammu & Kashmir. The scheme, estimated to cost Rs 12.14 billion with a gestation…
Author: PPD Team Date: February 13, 2025 The UK has launched the Clean Industry Bonus (CIB), a new incentive scheme aimed at supporting offshore wind projects and advancing the country’s goal of decarbonising its energy system by 2030. Set out in the Contracts for Difference (Allocation) Regulations 2014 and the Electricity Market Reform (General) Regulations 2014, the scheme will provide an initial £27 million ($33.5 million) in funding for each gigawatt (GW) of capacity awarded…
Author: PPD Team Date: May 21, 2025 The Ministry of New and Renewable Energy (MNRE) has clarified that net billing, virtual net metering, and group net metering will be treated at par with net metering under the Approved List of Models and Manufacturers (ALMM) List-II. Currently, ALMM List-II covers only solar modules. However, starting June 2026, it will also include solar cells. In its clarification, MNRE stated that virtual and group net metering involve either…
Author: PPD Team Date: October 30, 2024 Grenergy has formed a strategic partnership with Contemporary Amperex Technology Co (CATL) to supply batteries for the fourth phase of the Oasis de Atacama solar and storage project in Chile. CATL will provide 1.25 GWh of its EnerX model battery containers, comprising over 7,100 modules, known for high energy density and robust safety features suited to the project’s high-altitude location at 4,000 meters above sea level. The Oasis…
Author: PPD Team Date: January 20, 2025 Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year. The company’s revenue from operations increased by 35.59% to Rs 16.99 billion during the quarter, up from Rs 12.53 billion reported in the corresponding period of 2023.
Author: PPD Team Date: December 26, 2024 The Ministry of Power (MoP) has planned to set up a nuclear power plant (NPP) in Kerala, pending the availability of 60.7 hectares of land. Athirappilly in Thrissur district and Cheemeni in Kasaragod district have been identified as suitable sites for the plant. Kerala State Electricity Board (KSEB) intends to utilize the thorium reserves along the Kerala coast to establish a thorium-based NPP.