Author: PPD Team Date: November 26, 2024
Waaree Technologies Limited has received a purchase order from Waaree Renewable Technologies Limited for 530 solar kits, comprising batteries and solar-powered street lights.
The order is scheduled for delivery within eight weeks and has been conducted on an arm’s length basis.
Author: PPD Team Date: February 24, 2026 Adani Power Limited’s subsidiary, Moxie Power Generation Ltd, has received a Letter of Award from Tamil Nadu Power Distribution Corporation Limited (TNPDCL) to supply 558 MW of power for five years, providing long-term revenue visibility for the company’s Tuticorin plant. Moxie Power emerged as the lowest bidder in a competitive bidding process, quoting a tariff of Rs 5.910 per unit. Power supply is scheduled to begin from April…
Author: PPD Team Date: January 22, 2025 Waaree Energies Limited has successfully delivered 132.5 MWp of high-performance 575/580 MWp n-Type TOPCon solar modules to Radiance Renewables Private Limited. These modules, designed for superior energy efficiency across diverse environmental conditions, were delivered by December 2024. The project, supporting the Commercial and Industrial (C&I) segment, is expected to offset approximately 202,826 tonnes of carbon emissions annually. In July 2024, Waaree Energies also secured a Letter of Award…
Author: PPD Team Date: November 26, 2024 BayWa r.e. has sold three solar projects in the United States, totalling 517 MWDC, to an undisclosed renewable independent power producer (IPP). The deal, finalized in October 2024, represents the largest portfolio sale in BayWa r.e.’s history. The projects are expected to be operational by the end of 2025. Situated in the PJM (Pennsylvania, New Jersey, Maryland) Interconnection and Midcontinent Independent System Operator (MISO) territories, these projects are…
Author: PPD Team Date: September 16, 2024 Sumitomo Corporation has formed a joint venture with AMPIN Energy Transition Pvt Ltd to form AMPIN C&I Power Pvt Ltd for developing renewable energy assets in India and promoting corporate Power Purchase Agreements (PPAs) for supplying renewable electricity to businesses. The total project cost is approximately 100 billion yen and is expected to create a 1 GW portfolio of renewable energy assets backed by corporate PPAs. The joint…
Author: PPD Team Date: March 25, 2025 Adani Green Energy Limited (AGEL) has expanded its renewable energy portfolio by commissioning 500 MW of solar power capacity in Rajasthan through its subsidiaries. On March 23, 2025, Adani Green Energy Twenty Five Limited (AGE25L), a wholly-owned subsidiary of AGEL, commissioned 250 MW of solar capacity at Badi Sid and Kalyan Ki Sid villages in Fatehgarh, Jaisalmer, Rajasthan. This project is part of the 8,000 MW Inter-State Transmission…
Author: PPD Team Date: October 30, 2024 Mitsubishi Electric Power Products (MEPP) and Mitsubishi Electric Corporation have announced an $86 million investment in the US to expand switchgear production and power electronics capabilities. MEPP plans to construct a 160,000-square-foot advanced switchgear facility in Western Pennsylvania, its first new manufacturing site in over a decade. The facility will initially produce vacuum and gas circuit breakers, with a focus on vacuum circuit breakers as production scales. Once…