Author: PPD Team Date: 23/01/2025
The Government of Telangana has signed a Memorandum of Understanding (MoU) with Megha Engineering and Infrastructures Limited (MEIL) to establish a 2,160 MW Pumped Storage Project (PSP) in the state.
The project entails an investment of Rs.110 billion and is expected to boost the state’s renewable energy capacity and infrastructure. The MoU was signed on January 21, 2025.
Author: PPD Team Date: 05/06/2025 The Union Government has granted in-principle approval for Himachal Pradesh to take over four hydroelectric projects earlier allocated to SJVN Limited and NHPC Limited. This move is set to reshape the state’s control over key hydro power assets. The projects include: Luhri Hydro Electric Project Stage I Located near Nirath village, this project involves building an 86-metre-high concrete gravity dam across the Satluj River. It has an installed capacity of…
Author: PPD Team Date: 23/06/2025 Adani New Industries Ltd (ANIL) has announced the commissioning of India’s first off-grid green hydrogen pilot plant in Kutch, Gujarat. The 5 MW facility is fully powered by solar energy and integrated with a Battery Energy Storage System (BESS), allowing it to operate independently of the grid. The plant features a fully automated, closed-loop electrolyzer system that dynamically adjusts to real-time solar inputs. This provides flexibility and efficiency, helping address…
Author: PPD Team Date: 17/01/2025 Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines Department of Energy (DoE) and the Board of Investments, support the country’s energy transition programme. This initiative aims to achieve 35% renewable energy in power generation by 2030 and 50% by 2040. Masdar CEO…
Author: PPD Team Date: 24/02/2025 Solarium Green Energy Limited has received Letter of Awards (LoAs) worth Rs 558.46 million from NTPC Vidyut Vyapar Nigam Limited (NVVN) for setting up a cumulative 17.223 MW rooftop solar power projects across four states in India. These include: Setting up a cumulative 10.267 MW rooftop solar power projects under Zone-2 across various locations of the Central Armed Police Forces (CRPFs) and departments under the Ministry of Home Affairs (MHA)…
Author: PPD Team Date: 14/02/2025 Waaree Renewable Technologies Limited has received a Letter of Award (LoA) from Continuum Green Energy Limited for the engineering, procurement, and construction (EPC) of a 40 MWh battery energy storage system (BESS) at wind-solar hybrid sites in Gujarat. The total cost of the project is estimated at Rs 400 million. The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS technology. It will be executed under a Lump…
Author: PPD Team Date: 01/05/2025 Evren has received a USD 100 million investment from ALTÉRRA to develop around 11 GW of solar, wind, and battery storage projects in Rajasthan and Andhra Pradesh. The investment will support the development and construction of these large-scale renewable energy assets. This is ALTÉRRA’s first direct investment in the Global South. The funding comes through the ALTÉRRA acceleration fund, in partnership with the Brookfield Global Transition Fund II and other…