United Group invests €120m in green electricity production in Bulgaria
Author: PPD Team Date: 23/01/2025
Author: PPD Team Date: 23/01/2025
United Group, a Southeastern Europe-based telecommunications and media company, has committed €120 million ($124.6 million) to green electricity production in Bulgaria.
The investment will supply 160% of the electricity needed for the company’s Bulgarian operations and meet 65% of its total electricity demand by 2027, reducing CO₂ emissions by 120,000 tonnes annually.
The initiative includes three solar plants and a wind farm with a combined capacity of 124MW, generating 310,000 MWh per year to power more than 60,000 households. A battery system will store up to 1.5 times the peak energy production.
Author: PPD Team Date: 11/07/2025 The Municipal Corporation of Delhi (MCD) is planning to install rooftop solar power systems on 989 of its municipal buildings. The initiative will be implemented by NTPC Vidyut Vyapar Nigam (NVVN) under the Renewable Energy Service Company (RESCO) model. The rooftop systems are expected to have a combined capacity between 10 MW and 15 MW. Electricity generated from these installations will be supplied at a tariff ranging from Rs 4.25…
Author: PPD Team Date: 20/01/2025 Sembcorp Industries has signed two non-binding Memorandums of Understanding (MoUs) with the Government of Odisha to explore the development of a green hydrogen production facility and an industrial park. The MoUs involve Sembcorp’s subsidiaries, Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Limited, collaborating with the Industrial Promotion & Investment Corporation of Odisha and Odisha Industrial Infrastructure Development Corporation. The first MoU involves assessing the feasibility of a…
Author: PPD Team Date: 20/05/2025 Koraam New Energie, a subsidiary of Kosol Energie, has secured an order worth Rs 1.86 billion for the supply of 5,500 solar pumps under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) scheme. The order was placed by various nodal agencies. Of the total, 3,000 pumps have been allocated under Maharashtra’s Magel Tyala Saur Pump Yojana. Out of these, 2,200 pumps have already been installed….
Author: PPD Team Date: 06/02/2025 Mitsubishi Corporation is reassessing its business plans for offshore wind power generation projects in Japan due to changes in the macroeconomic environment caused by the COVID-19 pandemic and the Ukraine crisis. These challenges include inflation, a weaker yen, strained supply chains, and rising interest rates. Through a consortium led by its subsidiary Mitsubishi Corporation Offshore Wind, the company has been developing three offshore wind projects in Japan since being selected…
Author: PPD Team Date: 02/05/2025 Kirloskar Solar Technologies Private Limited has received a Letter of Award (LoA) worth Rs 483.85 million from NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited, for setting up rooftop solar power projects across three Indian states. The cumulative capacity of 11.77 MW will be deployed at various sites under the Central Armed Police Forces (CAPFs) and departments of the Ministry of Home Affairs (MHA) in Rajasthan, Gujarat,…
Author: PPD Team Date: 29/01/2025 Avaada Group has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 207 billion in renewable energy projects. The investment will support the development of 1,500 MW of floating solar projects, two 1,000 MW Pumped Storage Projects (PSP), and green energy equipment manufacturing units. The agreement was formalized at the Make in Odisha Conclave 2025, attended by Chief Minister Mohan Charan Majhi. The event, inaugurated by…
Author: PPD Team Date: 11/07/2025 The Municipal Corporation of Delhi (MCD) is planning to install rooftop solar power systems on 989 of its municipal buildings. The initiative will be implemented by NTPC Vidyut Vyapar Nigam (NVVN) under the Renewable Energy Service Company (RESCO) model. The rooftop systems are expected to have a combined capacity between 10 MW and 15 MW. Electricity generated from these installations will be supplied at a tariff ranging from Rs 4.25…
Author: PPD Team Date: 20/01/2025 Sembcorp Industries has signed two non-binding Memorandums of Understanding (MoUs) with the Government of Odisha to explore the development of a green hydrogen production facility and an industrial park. The MoUs involve Sembcorp’s subsidiaries, Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Limited, collaborating with the Industrial Promotion & Investment Corporation of Odisha and Odisha Industrial Infrastructure Development Corporation. The first MoU involves assessing the feasibility of a…
Author: PPD Team Date: 20/05/2025 Koraam New Energie, a subsidiary of Kosol Energie, has secured an order worth Rs 1.86 billion for the supply of 5,500 solar pumps under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) scheme. The order was placed by various nodal agencies. Of the total, 3,000 pumps have been allocated under Maharashtra’s Magel Tyala Saur Pump Yojana. Out of these, 2,200 pumps have already been installed….
Author: PPD Team Date: 06/02/2025 Mitsubishi Corporation is reassessing its business plans for offshore wind power generation projects in Japan due to changes in the macroeconomic environment caused by the COVID-19 pandemic and the Ukraine crisis. These challenges include inflation, a weaker yen, strained supply chains, and rising interest rates. Through a consortium led by its subsidiary Mitsubishi Corporation Offshore Wind, the company has been developing three offshore wind projects in Japan since being selected…
Author: PPD Team Date: 02/05/2025 Kirloskar Solar Technologies Private Limited has received a Letter of Award (LoA) worth Rs 483.85 million from NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited, for setting up rooftop solar power projects across three Indian states. The cumulative capacity of 11.77 MW will be deployed at various sites under the Central Armed Police Forces (CAPFs) and departments of the Ministry of Home Affairs (MHA) in Rajasthan, Gujarat,…
Author: PPD Team Date: 29/01/2025 Avaada Group has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 207 billion in renewable energy projects. The investment will support the development of 1,500 MW of floating solar projects, two 1,000 MW Pumped Storage Projects (PSP), and green energy equipment manufacturing units. The agreement was formalized at the Make in Odisha Conclave 2025, attended by Chief Minister Mohan Charan Majhi. The event, inaugurated by…
Author: PPD Team Date: 11/07/2025 The Municipal Corporation of Delhi (MCD) is planning to install rooftop solar power systems on 989 of its municipal buildings. The initiative will be implemented by NTPC Vidyut Vyapar Nigam (NVVN) under the Renewable Energy Service Company (RESCO) model. The rooftop systems are expected to have a combined capacity between 10 MW and 15 MW. Electricity generated from these installations will be supplied at a tariff ranging from Rs 4.25…
Author: PPD Team Date: 20/01/2025 Sembcorp Industries has signed two non-binding Memorandums of Understanding (MoUs) with the Government of Odisha to explore the development of a green hydrogen production facility and an industrial park. The MoUs involve Sembcorp’s subsidiaries, Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Limited, collaborating with the Industrial Promotion & Investment Corporation of Odisha and Odisha Industrial Infrastructure Development Corporation. The first MoU involves assessing the feasibility of a…