Waaree Renewable wins EPC contract for 2012.47 MWp solar project
Author: PPD Team Date: 28/11/2024
Author: PPD Team Date: 28/11/2024
Waaree Renewable Technologies Ltd. has received a term sheet to execute the Engineering, Procurement, and Construction (EPC) of a 2012.47 MWp DC ground-mounted solar photovoltaic project.
The project is valued at approximately Rs 12.33 billion, excluding levies.
Author: PPD Team Date: 05/12/2024 At COP29 held in Baku, Azerbaijan, a key milestone in climate governance was reached with the operationalisation of international carbon market governance. This progress is significant as it marks the first time that carbon credit trading systems have been formalized under the Paris Agreement’s Article 6, which allows countries to voluntarily trade emission reductions. The conference established critical mechanisms for authorizing carbon credit transactions, managing registries, and ensuring technical reviews…
Author: PPD Team Date: 19/12/2024 Insolation Energy Limited has received 45 acres of land from the Madhya Pradesh government to establish a solar manufacturing facility. The proposed unit will have a production capacity of 3 GW for solar cells, 4 GW for solar modules, and 24,000 metric tonnes of aluminium frames. The project will be developed by Insolation Green Energy, a subsidiary of Insolation Energy, within the Power and Renewable Energy Equipment Zone in Narmadapuram,…
Author: PPD Team Date: 27/11/2024 Synera Renewable Energy Group (SRE Group) has partnered with Moondo Wind Energy (MWE) to develop an 840 MW offshore wind farm near Geomundo Island, Yeosu City, in South Korea’s Jeollanam-do Province. The project, named Moondo Offshore Wind Energy (MOWE), marks SRE Group’s entry into the South Korean market and its second international venture after Northern Kyushu, Japan. The joint venture has secured an Electricity Business License (EBL) for the bottom-fixed…
Author: PPD Team Date: 30/10/2024 MEIL Solar Energy, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has signed power purchase agreements (PPAs) with Bangalore Electricity Supply Company (BESCOM) to supply solar power from 76 projects with a cumulative capacity of 618.1 MW. These projects will operate under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, following the renewable energy service company (RESCO) model. MEIL Solar Energy will construct…
Author: PPD Team Date: 28/10/2024 Avaana Capital, India’s climate-focused venture capital firm, has infused its Avaana Climate and Sustainability Fund with USD 135 million, supported by prominent institutional investors, including the Green Climate Fund (GCF). Anjali Bansal, partner at Avaana Capital, highlighted the significance of this support, emphasizing the role of innovation in driving climate action and creating long-term impact. The fund aims to build the next generation of climate-first companies across three core sectors—Energy…
Author: PPD Team Date: 06/11/2024 ACCIONA Energía has acquired two wind farms in Texas, Green Pastures I and Green Pastures II, each with a capacity of 150 MW. Located in Baylor and Knox Counties, these fully operational projects were acquired from private asset management firms for $202.5 million, boosting ACCIONA’s total installed capacity in the US. The two wind farms are integrated into the Electric Reliability Council of Texas (ERCOT) grid, which handles 90% of…
Author: PPD Team Date: 05/12/2024 At COP29 held in Baku, Azerbaijan, a key milestone in climate governance was reached with the operationalisation of international carbon market governance. This progress is significant as it marks the first time that carbon credit trading systems have been formalized under the Paris Agreement’s Article 6, which allows countries to voluntarily trade emission reductions. The conference established critical mechanisms for authorizing carbon credit transactions, managing registries, and ensuring technical reviews…
Author: PPD Team Date: 19/12/2024 Insolation Energy Limited has received 45 acres of land from the Madhya Pradesh government to establish a solar manufacturing facility. The proposed unit will have a production capacity of 3 GW for solar cells, 4 GW for solar modules, and 24,000 metric tonnes of aluminium frames. The project will be developed by Insolation Green Energy, a subsidiary of Insolation Energy, within the Power and Renewable Energy Equipment Zone in Narmadapuram,…
Author: PPD Team Date: 27/11/2024 Synera Renewable Energy Group (SRE Group) has partnered with Moondo Wind Energy (MWE) to develop an 840 MW offshore wind farm near Geomundo Island, Yeosu City, in South Korea’s Jeollanam-do Province. The project, named Moondo Offshore Wind Energy (MOWE), marks SRE Group’s entry into the South Korean market and its second international venture after Northern Kyushu, Japan. The joint venture has secured an Electricity Business License (EBL) for the bottom-fixed…
Author: PPD Team Date: 30/10/2024 MEIL Solar Energy, a subsidiary of Megha Engineering & Infrastructures Limited (MEIL), has signed power purchase agreements (PPAs) with Bangalore Electricity Supply Company (BESCOM) to supply solar power from 76 projects with a cumulative capacity of 618.1 MW. These projects will operate under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme, following the renewable energy service company (RESCO) model. MEIL Solar Energy will construct…
Author: PPD Team Date: 28/10/2024 Avaana Capital, India’s climate-focused venture capital firm, has infused its Avaana Climate and Sustainability Fund with USD 135 million, supported by prominent institutional investors, including the Green Climate Fund (GCF). Anjali Bansal, partner at Avaana Capital, highlighted the significance of this support, emphasizing the role of innovation in driving climate action and creating long-term impact. The fund aims to build the next generation of climate-first companies across three core sectors—Energy…
Author: PPD Team Date: 06/11/2024 ACCIONA Energía has acquired two wind farms in Texas, Green Pastures I and Green Pastures II, each with a capacity of 150 MW. Located in Baylor and Knox Counties, these fully operational projects were acquired from private asset management firms for $202.5 million, boosting ACCIONA’s total installed capacity in the US. The two wind farms are integrated into the Electric Reliability Council of Texas (ERCOT) grid, which handles 90% of…
Author: PPD Team Date: 05/12/2024 At COP29 held in Baku, Azerbaijan, a key milestone in climate governance was reached with the operationalisation of international carbon market governance. This progress is significant as it marks the first time that carbon credit trading systems have been formalized under the Paris Agreement’s Article 6, which allows countries to voluntarily trade emission reductions. The conference established critical mechanisms for authorizing carbon credit transactions, managing registries, and ensuring technical reviews…
Author: PPD Team Date: 19/12/2024 Insolation Energy Limited has received 45 acres of land from the Madhya Pradesh government to establish a solar manufacturing facility. The proposed unit will have a production capacity of 3 GW for solar cells, 4 GW for solar modules, and 24,000 metric tonnes of aluminium frames. The project will be developed by Insolation Green Energy, a subsidiary of Insolation Energy, within the Power and Renewable Energy Equipment Zone in Narmadapuram,…