Author: PPD Team Date: December 10, 2024
Waaree Energies Limited has secured a 1 GW solar photovoltaic (PV) modules supply order from an Indian renewable energy company.
The customer is engaged in owning, developing, and operating renewable power projects across India.
The supply of these modules is planned for delivery during the financial years 2024-25 and 2025-26.
Author: PPD Team Date: December 4, 2024 CrossBoundary Energy has secured a $140 million senior debt commitment from Standard Bank of South Africa to scale its renewable energy portfolio across Africa. The financing marks the first tranche of a broader $300 million debt mandate with Standard Bank. CrossBoundary Energy’s current portfolio spans 18 African countries, including 330 MW of solar and wind assets and 178 MWh of battery energy storage, valued at $570 million. Jeanne-Marie…
Author: PPD Team Date: November 21, 2024 Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has established two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for developing interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) mechanism. According to a stock exchange filing by REC Ltd, the parent company of RECPDCL, the SPVs were incorporated on November 18, 2024: WRNES Talegaon Power Transmission Ltd: Focused on network expansion in…
Author: PPD Team Date: February 6, 2025 TenneT has signed a realisation agreement with a consortium of SSE Renewables and pension investor APG, on behalf of pension fund ABP, for the offshore grid connection of the IJmuiden Ver Alpha wind farm, located 60km offshore the Netherlands. This marks the first wind farm to adopt the 2GW direct current (DC) standard, with operations expected to begin by the end of 2029. The agreement outlines the development…
Author: PPD Team Date: December 9, 2024 The European Bank for Reconstruction and Development (EBRD) has signed a memorandum of understanding (MoU) with Romania to support renewable energy development in the country. The MoU, signed by Romania’s Energy Minister Sebastian Burduja and EBRD Romania head Victoria Zinchuk, will assist in the design and implementation of the next round of renewable energy auctions. Romania plans to auction 3,500 MW of renewable energy capacities, with the first…
Author: PPD Team Date: December 3, 2024 Australian mining company Pilbara Minerals and its joint venture (JV) partner POSCO Holdings have announced the completion of Train 2 at their Lithium Hydroxide Monohydrate Chemical Facility in Gwangyang, South Korea. The facility is Korea’s first lithium hydroxide plant, with an annual production capacity of up to 43,000 tons of battery-grade lithium hydroxide—sufficient to power batteries for approximately one million electric vehicles. The JV, POSCO Pilbara Lithium Solution…
Author: PPD Team Date: January 30, 2026 The Central Electricity Regulatory Commission (CERC) Committee has issued an addendum clarifying the documentation process for renewable energy developers seeking an extension of their Scheduled Commissioning Date (SCOD). The clarification outlines a dual submission process involving email and physical hard copies. The addendum has been issued by the committee constituted under the office order of the Central Electricity Regulatory Commission dated July 30, 2025. It provides detailed instructions…