Author: Power Peak Digest Team Pub Date: December 13, 2024
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Hitachi Energy secures contracts for HVDC converter stations in Germany
Author: Power Peak Digest Team Pub Date: December 24, 2024 Hitachi Energy has won contracts worth over €2bn ($2.08bn) with Amprion, a German transmission system operator, to supply four converter stations for two high-voltage direct-current (HVDC) links, V48 and V49. These links are integral to Germany’s clean energy transition, transporting power from the North Sea coast to the Ruhr Region, serving four million people. Hitachi Energy will provide and install two HVDC Light converter systems,…
Andhra Pradesh govt to set up renewable energy zones
Author: Power Peak Digest Team Pub Date: November 4, 2024 The Andhra Pradesh government has announced plans to set up Renewable Energy Zones (REZs) and a dedicated university for green energy and circular economy as part of its Integrated Clean Energy Policy (ICEP). These initiatives aim to attract large-scale investments and foster clean energy production within the state. The state will provide Viability Gap Funding (VGF) to support ultra-modern green energy power plants and has…
Power T&D dominates order inflows for Kalpataru Projects in FY25
Author: Power Peak Digest Team Pub Date: October 30, 2024 Kalpataru Projects International Ltd (KPIL) reported cumulative order inflows of Rs 118.65 billion for FY25, covering the period from April 1 to October 28, 2024. The power transmission and distribution (T&D) segment led the inflows, contributing over 50%, or Rs 59.86 billion. As of September 30, 2024, KPIL’s outstanding order book totalled Rs 606.31 billion, with the power T&D segment accounting for 36.7% (Rs 222.69…
Sunsure signs PPA to supply 21 MW solar power to Lupin
Author: Power Peak Digest Team Pub 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…
Torrent Power commissions 300 MW solar project in Gujarat
Author: Power Peak Digest Team Pub Date: February 3, 2025 Torrent Saurya Urja 2 Private Limited, a wholly owned subsidiary of Torrent Power Limited (TPL), has commissioned a 300 MW grid-connected solar power project in Gujarat. TPL won bids in April 2021 for a 150 MW base capacity and an additional 150 MW under the greenshoe option at a tariff of Rs 2.22 per kWh. The bids were invited by Torrent Power Limited – Distribution…
US DoE offers $15 billion loan commitment to PG&E
Author: Power Peak Digest Team Pub Date: December 19, 2024 The US Department of Energy (DoE) has provided a conditional commitment for a $15 billion loan to California-based electric utility PG&E. If finalized by the DoE’s Loan Programs Office (LPO), the loan will support multiple energy projects in California and strengthen the state’s energy infrastructure, helping achieve both federal and state climate goals. The upgrades will include advanced sensors, telemetry, and controls to support two-way…