Author: Power Peak Digest Team Pub Date: December 26, 2024
Similar Posts
Masdar and KESH to explore renewable energy projects in Albania
Author: Power Peak Digest Team Pub Date: November 14, 2024 Masdar and Albania’s Korporata Elektroenergjitike Shqiptare (KESH) have signed a term sheet agreement to jointly explore gigawatt-scale renewable energy projects in Albania. This collaboration will focus on developing, constructing, and operating solar, wind, and hybrid energy projects, with potential integration of battery storage to enhance Albania’s clean energy infrastructure. The generated energy will serve both domestic demand and exports to neighboring countries. This agreement marks…
Corio Generation plans staff reductions amid wind sector challenges
Author: Power Peak Digest Team Pub Date: December 9, 2024 Corio Generation, a London-based offshore wind developer backed by Macquarie Group, is planning staff reductions due to rising costs and pressures within the renewable energy sector. Since its founding in 2022, Corio has expanded with major projects in the UK, South Korea, and the US. However, increasing equipment and debt costs have led to project cancellations and workforce cuts across the offshore wind industry. Corio’s…
Ørsted submits Long Island Wind proposal to NYSERDA
Author: Power Peak Digest Team Pub Date: October 23, 2024 Danish energy company Ørsted has submitted a proposal for the Long Island Wind project to the New York State Energy Research and Development Authority (NYSERDA). The project is designed to generate over 1.4GW of offshore wind energy, supplying renewable power to one million homes in New York, and is expected to begin commercial operations by 2033. Long Island Wind is a key component of Ørsted’s…
Hartek Group secures rooftop solar contract for Hindustan Coca-Cola plant
Author: Power Peak Digest Team Pub Date: January 16, 2025 Hartek Group’s commercial and industrial rooftop solar division has secured an 8 MW solar EPC contract in Jammu & Kashmir. The project, awarded by Kandhari Beverages Private Limited, a bottling plant of Hindustan Coca-Cola, is under execution and expected to be commissioned within the current quarter. The project includes engineering and design, procurement of solar modules, inverters, and associated equipment, testing and commissioning, and operations…
Servotech secures Rs 302 million rooftop solar project in Uttarakhand
Author: Power Peak Digest Team Pub Date: November 29, 2024 Servotech Power Systems has won a 5.6 MW on-grid rooftop solar power plant order worth Rs 302 million from the Uttarakhand New and Renewable Energy Development Agency (UREDA). The company will oversee the design, supply, installation, net metering, testing, and commissioning of the solar plants. The installations, ranging from 1 kW to 1500 kW, will be deployed at key locations such as government offices, colleges,…
CESC subsidiary to acquire Chandigarh electricity distribution company
Author: Power Peak Digest Team Pub Date: November 26, 2024 Eminent Electricity Distribution, a subsidiary of CESC under the RP-Sanjiv Goenka Group, has secured a letter of intent (LoI) to acquire 100 per cent equity in Chandigarh’s electricity distribution and retail supply company for Rs 8.71 billion. This marks a major step in the privatisation of power distribution in the union territory, following nearly three years of delays. CESC won the tender in 2021, emerging…