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.
The Canadian Nuclear Safety Commission (CNSC) has granted Ontario Power Generation (OPG) an extension to operate units 5 to 8 of the Pickering nuclear generating station (PNGS) until the end of 2026, extending the previous deadline of December 31, 2024. The extended permit allows OPG to run these units up to 305,000 equivalent full power hours (EFPH), an increase from the previous 295,000 EFPH limit. The amended licence includes a requirement for OPG to maintain…
EliTe Solar has announced plans to invest over $150 million in building an 8 GW solar manufacturing hub in Egypt’s Suez Special Economic Zone. The facility, spanning 78,000 square meters, will focus on producing high-efficiency solar cells and assembling modules, with a significant portion of the output intended for export to key markets, including the US. The project will be completed in two phases, with the initial phase establishing a 2 GW solar cell production…
State-owned NTPC has announced the commissioning of 160 MW capacity of the 320 MW Bhainsara solar project in Jaisalmer, Rajasthan. With this commissioning, NTPC’s total installed and commercial capacity has increased to 76,294 MW. NTPC REL, a step-down subsidiary of NTPC Ltd through its wholly owned subsidiary NTPC Green Energy Ltd, has commenced commercial operations of the new capacity, effective from August 28, according to a regulatory filing by the company.
India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage system (BESS) market, primarily from projects in Gujarat and Uttar Pradesh. In Q2FY25, IndiGrid announced a partnership with British International…
Meja Urja Nigam Pvt Ltd (MUNPL), a 50:50 joint venture between NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL), has paid its first-ever dividend of Rs 510 million each to its parent companies. MUNPL’s Chairman K. Shanmugha Sundaram, CEO Kamlesh Soni, and CFO Amit Rautela presented the dividend cheque to NTPC CMD Gurdeep Singh in the national capital. A similar cheque will be presented to UPRVUNL management next week. MUNPL reported a…
Four companies—Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, Adani Energy Solutions Ltd (AESL), and Tata Power—have qualified to submit initial price bids for two independent transmission schemes aimed at evacuating renewable energy (RE) from Rajasthan’s Bikaner Complex. These bids are part of the tariff-based competitive bidding (TBCB) process coordinated by REC Power Development & Consultancy Ltd (RECPDCL). The two schemes, under the overarching Rajasthan REZ Phase-IV project, are being bid out separately and…
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