Author: PPD Team Date: 10/12/2024
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: 09/12/2024 The construction work of the Rs 69 billion Khorlochhu Hydropower Project in Bhutan has commenced, with the plant expected to be commissioned by September 2029. The 600 MW project is being developed on the Kholongchhu River in eastern Bhutan. In August, Tata Power and Bhutan-based Druk Green Power Corporation (DGPC) partnered to develop the project. Later in November, Tata Power announced a partnership with DGPC to develop a 5,000 MW…
Author: PPD Team Date: 23/12/2024 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has notified banking regulations under its Green Energy Open Access Policy. It permits consumers to bank up to 30 per cent of their monthly electricity consumption procured from the distribution licensee. Banking charges are set at 8 per cent of the banked energy, adjusted in kind. The distribution licensee must establish a detailed banking procedure and model agreement within 30 days of notification….
Author: PPD Team Date: 17/03/2025 REC Limited has signed a memorandum of understanding (MoU) with the Energy Management Centre (EMC), Government of Kerala, to finance pumped storage projects (PSPs) in the state over the next five years. The investment, estimated at Rs 183.6 billion, aims to enhance grid stability and facilitate the integration of renewable energy. The PSPs will play a crucial role in Kerala’s long-term energy strategy, which focuses on sustainable and efficient power…
Author: PPD Team Date: 04/12/2024 The US Department of Commerce has announced preliminary antidumping tariffs ranging from 21.31% to 271.28% on crystalline solar cells imported from Cambodia, Malaysia, Thailand, and Vietnam. China’s JinkoSolar will face tariffs of 21.31% on products from Malaysia and 56.51% from Vietnam. Trina Solar products will incur 77.85% tariffs from Thailand and 54.46% from Vietnam. These measures are part of antidumping and countervailing duty investigations initiated by the American Alliance for…
Author: PPD Team Date: 17/10/2024 VNG AG has signed a letter of intent with Algerian energy firms Sonatrach and Sonelgaz, along with SNAM, SeaCorridor, and VERBUND, to jointly assess the feasibility of large-scale green hydrogen production in Algeria. The project aims to export green hydrogen from North Africa via the proposed “South H2 Corridor” to Italy, Austria, and Germany. The agreement sets the framework for future cooperation, including the preparation of essential studies to evaluate…
Author: PPD Team Date: 18/10/2024 The Department of Energy (DOE) in the Philippines has announced plans to commercialize three offshore wind projects with a combined capacity of 1,650 MW. The projects have received certificates of confirmation of commerciality, enabling them to enter the development phase. The consortium developing these projects includes Triconti Windkraft Group, Sea Wind Holdings, and Stream Invest Holding. The projects consist of the 450 MW Frontera Bay Wind Power Project, located off…