Author: PPD Team Date: 06/12/2024
TKIL Industries Private Limited has partnered with Switzerland-based SoHHytec SA to introduce advanced hydrogen production technology in India.
The partnership grants TKIL exclusive rights to manufacture and deploy SoHHytec’s artificial photosynthesis technology, which harnesses solar and wind energy to produce hydrogen efficiently.
Author: PPD Team Date: 09/04/2025 Hero Future Energies (HFE) has signed a power purchase agreement (PPA) with SJVN Limited to supply 120 MW of firm and dispatchable power. The power will come from a renewable energy project integrated with energy storage. HFE secured this capacity at a tariff of Rs 4.25 per kWh in SJVN’s 1,200 MW auction. The project will follow a build-own-operate model. It can be set up anywhere in India, as long…
Author: PPD Team Date: 26/06/2025 Maharashtra Chief Minister Devendra Fadnavis has announced a phased reduction in electricity tariffs, calling it the first such move in the state’s history. Starting this year, electricity rates will be reduced by 10%, with further cuts planned over the next five years. By 2030, tariffs will drop by a total of 26%. Fadnavis said nearly 70% of the state’s electricity consumers—those using less than 100 units—will benefit most. These users…
Author: PPD Team Date: 19/02/2025 Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with additional investment from angel investor Yashowardhan Shah. The funding will be used to expand its high-power charger product line using wide bandgap semiconductors for fast charging stations. Additionally, the company plans to enter the solar and hydrogen sectors with high-frequency inverters and DC-DC converters. Dynolt, founded in 2022 and headquartered in Bengaluru, develops power…
Author: PPD Team Date: 30/10/2024 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 de Atacama…
Author: PPD Team Date: 15/10/2024 Peruvian power generator Inkia Energy has received environmental approval to expand its Sunny solar power plant from 228 MWp to 338 MWp. This expansion is part of the company’s broader plan to establish a solar hub in Peru, contributing approximately 1 GW of renewable capacity to the national grid by the fourth quarter of 2025. The Sunny solar project, currently under construction in southern Peru, will be fully operational by…
Author: PPD Team Date: 13/12/2024 The Asian Development Bank (ADB) has sanctioned a $200 million loan to modernise Pakistan’s power distribution infrastructure. The initiative targets reducing energy losses, strengthening infrastructure resilience against climate change, and accommodating the country’s rising electricity demand. The project will initially support the Lahore Electric Supply Company (LESCO), the Multan Electric Power Company (MEPCO), and the Sukkur Electric Power Company (SEPCO). Key measures include installing 332,000 advanced metering systems, 15,800 transformer…