Author: PPD Team Date: 07/11/2024
Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India.
Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025.
This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.
Author: PPD Team Date: 26/11/2024 India has strongly opposed the adoption of a $300 billion annual climate finance package for the Global South by 2035 at the UN climate conference COP29 in Baku, Azerbaijan. India argued the package is inadequate compared to the $1.3 trillion annually that the Global South has demanded to combat climate change impacts and transition to low-carbon economies. Developed countries, historically the largest emitters of greenhouse gases, are expected to finance,…
Author: PPD Team Date: 13/11/2024 The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an integrated Battery Energy Storage System (BESS). The project is slated for completion by 2026.
Author: PPD Team Date: 13/03/2025 Maharashtra State Electricity Distribution Company Limited (MSEDCL) invited bids for the position of national power engineer (power distribution) for the Maharashtra Rural High Voltage Distribution System (HVDS) Project on March 8, 2025. The last date for bid submission is March 14, 2025. The state government and MSEDCL plan to provide new grid-connected agricultural connections through HVDS. The Asian Development Bank (ADB) will fund HVDS planning and development under its result-based…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 03/01/2025 Aypa Power, a Blackstone portfolio company, has obtained $190m in financing for its Bypass battery energy storage system (BESS) project in Fort Bend County, Texas. The 200MW/400MWh facility will address the region’s growing energy storage needs. The financing includes a $68m construction-to-term loan, a $91m tax equity bridge loan, and $31m in letters of credit, with $26m allocated for project-specific requirements. Morgan Stanley Renewables committed $94m in tax equity financing…
Author: PPD Team Date: 05/03/2025 Russia is strengthening its global nuclear cooperation, signing agreements and engaging in discussions with key allies despite growing geopolitical challenges and Western sanctions. The country continues to play a central role in nuclear energy projects in regions including Africa and Asia while also holding high-level discussions with the United States regarding Iran’s nuclear program. Russia and Myanmar sign nuclear agreement Russia and Myanmar have formalized an agreement for the construction…
Author: PPD Team Date: 26/11/2024 India has strongly opposed the adoption of a $300 billion annual climate finance package for the Global South by 2035 at the UN climate conference COP29 in Baku, Azerbaijan. India argued the package is inadequate compared to the $1.3 trillion annually that the Global South has demanded to combat climate change impacts and transition to low-carbon economies. Developed countries, historically the largest emitters of greenhouse gases, are expected to finance,…
Author: PPD Team Date: 13/11/2024 The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an integrated Battery Energy Storage System (BESS). The project is slated for completion by 2026.
Author: PPD Team Date: 13/03/2025 Maharashtra State Electricity Distribution Company Limited (MSEDCL) invited bids for the position of national power engineer (power distribution) for the Maharashtra Rural High Voltage Distribution System (HVDS) Project on March 8, 2025. The last date for bid submission is March 14, 2025. The state government and MSEDCL plan to provide new grid-connected agricultural connections through HVDS. The Asian Development Bank (ADB) will fund HVDS planning and development under its result-based…
Author: PPD Team Date: 03/01/2025 NTPC achieved significant growth during the April-December period of FY 2024-25. Power generation reached 326 billion units (BU), a four per cent increase from last year. The company made notable progress in coal mining, extracting 30.88 MT, a 23 per cent year-over-year rise. The plant load factor (PLF) of NTPC’s coal stations reached 76.20 per cent by the end of Q3. By December 2024, NTPC Group’s installed capacity grew to…
Author: PPD Team Date: 03/01/2025 Aypa Power, a Blackstone portfolio company, has obtained $190m in financing for its Bypass battery energy storage system (BESS) project in Fort Bend County, Texas. The 200MW/400MWh facility will address the region’s growing energy storage needs. The financing includes a $68m construction-to-term loan, a $91m tax equity bridge loan, and $31m in letters of credit, with $26m allocated for project-specific requirements. Morgan Stanley Renewables committed $94m in tax equity financing…
Author: PPD Team Date: 05/03/2025 Russia is strengthening its global nuclear cooperation, signing agreements and engaging in discussions with key allies despite growing geopolitical challenges and Western sanctions. The country continues to play a central role in nuclear energy projects in regions including Africa and Asia while also holding high-level discussions with the United States regarding Iran’s nuclear program. Russia and Myanmar sign nuclear agreement Russia and Myanmar have formalized an agreement for the construction…
Author: PPD Team Date: 26/11/2024 India has strongly opposed the adoption of a $300 billion annual climate finance package for the Global South by 2035 at the UN climate conference COP29 in Baku, Azerbaijan. India argued the package is inadequate compared to the $1.3 trillion annually that the Global South has demanded to combat climate change impacts and transition to low-carbon economies. Developed countries, historically the largest emitters of greenhouse gases, are expected to finance,…
Author: PPD Team Date: 13/11/2024 The Government of Rajasthan signed a Memorandum of Understanding (MoU) with RMC Switchgears Limited on November 9, 2024, to set up a 1,000 MW Ultra Mega Solar Park Project (UMSPP) with an integrated Battery Energy Storage System (BESS). The project is slated for completion by 2026.