Author: PPD Team Date: 20/01/2025
Waaree Renewables Technologies Limited reported a net profit of Rs 0.53 billion for the quarter ending December 2024, a 17.18% decrease compared to Rs 0.64 billion in the same quarter last year.
The company’s total income rose by 11.66% to Rs 3.64 billion during the quarter, up from Rs 3.25 billion in the corresponding period of 2023.
Author: PPD Team Date: 16/10/2024 Sustainable infrastructure fund Alcazar Energy Partners has signed agreements with RP Global to acquire rights for 968MW of renewable energy projects in Serbia. The deal includes Project Celzijus 1, a 200MW onshore wind farm, and a pipeline of 768MW in wind and solar projects. Project Celzijus 1, located in the Western Balkans, is set to cost $300 million and create 800 jobs during construction. The wind farm will generate clean…
Author: PPD Team Date: 31/12/2024 Longroad Energy has signed a long-term Power Purchase Agreement (PPA) with Meta for the entire output of its 300 MWac 1000 Mile solar project in Yoakum County, Texas. The energy produced will be supplied to the Southwest Power Pool (SPP) grid and support Meta’s data center operations. The 1000 Mile solar project, Longroad’s first in the SPP region, is expected to commence commercial operations in 2026.
Author: PPD Team Date: 28/10/2024 The Chief Minister Solar Self-Employment Scheme in Uttarakhand has enabled hundreds of locals to set up small solar plants, generating self-employment while bolstering the rural economy. Chief Minister Pushkar Singh Dhami highlighted Uttarakhand’s favourable solar conditions, with ample sunshine even during winter, making it ideal for solar power generation. Eligible residents can install solar plants ranging from 20 to 200 kW capacity, with the Uttarakhand Power Corporation Limited (UPCL) purchasing…
Author: PPD Team Date: 05/12/2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector. The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company. Over the next two years, Mufin Green Finance aims to back 200,000 solar installations,…
Author: PPD Team Date: 04/02/2025 Telangana has announced plans to invest in hydroelectric projects outside its state, starting with Himachal Pradesh, as part of its green energy push. Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka, along with energy officials, held discussions with Himachal Pradesh CM Sukhvinder Singh Sukhu in Delhi regarding the state’s interest in hydro projects under the build, own, operate, and transfer (BOOT) model. Himachal Pradesh has invited proposals to…
Author: PPD Team Date: 28/10/2024 The UK and Australia have announced a partnership to pursue their energy transition goals through the Australia-UK Climate and Energy Partnership. The partnership will focus on the development and deployment of renewable technologies such as green hydrogen and offshore wind. UK Prime Minister Keir Starmer and Australian Prime Minister Anthony Albanese met on the sidelines of the Commonwealth Heads of Government Meeting in Apia, Samoa, where they underscored the role…
Author: PPD Team Date: 16/10/2024 Sustainable infrastructure fund Alcazar Energy Partners has signed agreements with RP Global to acquire rights for 968MW of renewable energy projects in Serbia. The deal includes Project Celzijus 1, a 200MW onshore wind farm, and a pipeline of 768MW in wind and solar projects. Project Celzijus 1, located in the Western Balkans, is set to cost $300 million and create 800 jobs during construction. The wind farm will generate clean…
Author: PPD Team Date: 31/12/2024 Longroad Energy has signed a long-term Power Purchase Agreement (PPA) with Meta for the entire output of its 300 MWac 1000 Mile solar project in Yoakum County, Texas. The energy produced will be supplied to the Southwest Power Pool (SPP) grid and support Meta’s data center operations. The 1000 Mile solar project, Longroad’s first in the SPP region, is expected to commence commercial operations in 2026.
Author: PPD Team Date: 28/10/2024 The Chief Minister Solar Self-Employment Scheme in Uttarakhand has enabled hundreds of locals to set up small solar plants, generating self-employment while bolstering the rural economy. Chief Minister Pushkar Singh Dhami highlighted Uttarakhand’s favourable solar conditions, with ample sunshine even during winter, making it ideal for solar power generation. Eligible residents can install solar plants ranging from 20 to 200 kW capacity, with the Uttarakhand Power Corporation Limited (UPCL) purchasing…
Author: PPD Team Date: 05/12/2024 Mufin Green Finance has announced plans to finance Rs 5 billion worth of solar projects by 2026, marking its entry into the solar financing sector. The company recently closed its first solar financing deal worth Rs 32.5 million, supporting a rooftop solar installation at a manufacturing facility in Baroda, Gujarat, for a USD 3 billion company. Over the next two years, Mufin Green Finance aims to back 200,000 solar installations,…
Author: PPD Team Date: 04/02/2025 Telangana has announced plans to invest in hydroelectric projects outside its state, starting with Himachal Pradesh, as part of its green energy push. Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka, along with energy officials, held discussions with Himachal Pradesh CM Sukhvinder Singh Sukhu in Delhi regarding the state’s interest in hydro projects under the build, own, operate, and transfer (BOOT) model. Himachal Pradesh has invited proposals to…
Author: PPD Team Date: 28/10/2024 The UK and Australia have announced a partnership to pursue their energy transition goals through the Australia-UK Climate and Energy Partnership. The partnership will focus on the development and deployment of renewable technologies such as green hydrogen and offshore wind. UK Prime Minister Keir Starmer and Australian Prime Minister Anthony Albanese met on the sidelines of the Commonwealth Heads of Government Meeting in Apia, Samoa, where they underscored the role…
Author: PPD Team Date: 16/10/2024 Sustainable infrastructure fund Alcazar Energy Partners has signed agreements with RP Global to acquire rights for 968MW of renewable energy projects in Serbia. The deal includes Project Celzijus 1, a 200MW onshore wind farm, and a pipeline of 768MW in wind and solar projects. Project Celzijus 1, located in the Western Balkans, is set to cost $300 million and create 800 jobs during construction. The wind farm will generate clean…
Author: PPD Team Date: 31/12/2024 Longroad Energy has signed a long-term Power Purchase Agreement (PPA) with Meta for the entire output of its 300 MWac 1000 Mile solar project in Yoakum County, Texas. The energy produced will be supplied to the Southwest Power Pool (SPP) grid and support Meta’s data center operations. The 1000 Mile solar project, Longroad’s first in the SPP region, is expected to commence commercial operations in 2026.