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: April 25, 2025 Google has signed a power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) in Taiwan. Under the terms of the agreement, Google will buy renewable energy from the Fengmiao I offshore wind project, which is set to become operational in 2027. Located off the coast of Taiwan, the Fengmiao I offshore wind project is the first to achieve financial close from Taiwan’s Round 3.1 auction. Once operational, it…
Author: PPD Team Date: October 22, 2025 Germany’s hydrogen network operators have announced guidelines for capacity reservations set to take effect in early 2026. The framework allows market participants to secure binding reservations at entry and exit points within designated network clusters, providing planning certainty and supporting the development of hydrogen infrastructure. Reserved capacities will initially convert into bookings, allowing flexible transport through both firm and freely allocable capacities within and between clusters. The operators…
Author: PPD Team Date: September 16, 2025 Transrail Lighting Ltd has announced fresh orders worth Rs 421 crore, including a major transmission line contract in a new African country. With these additions, the company’s order inflows for FY26 have crossed Rs 3,500 crore as of August 2025, marking a 78 per cent increase compared to the same period last year. Managing Director and CEO Randeep Narang said the company’s entry into a new African market…
Author: PPD Team Date: December 20, 2024 Romanian state-owned nuclear power producer Nuclearelectrica has signed a €1.9 billion ($1.97 billion) engineering, procurement, and construction (EPC) contract to extend the life of Unit 1 at the Cernavoda nuclear power plant. The contract was awarded to a consortium consisting of Ansaldo Nucleare, Candu Energy, AtkinsRéalis, Canadian Commercial Corporation, and Korea Hydro & Nuclear Power (KHNP). Pending approval from the Canadian government and Nuclearelectrica shareholders, the project will…
Author: PPD Team Date: February 7, 2025 India’s solar cell manufacturing capacity is set to expand from 10 GW in fiscal 2024 to 50 GW–55 GW by fiscal 2027, driven by government policies aimed at reducing photovoltaic (PV) cell and module imports, according to a report by Crisil Ratings. The expansion will require Rs 280 billion–Rs 300 billion ($3.2 billion–$3.6 billion) in capital expenditure, primarily funded through a 70:30 debt-equity mix. Crisil Ratings analyzed four…
Author: PPD Team Date: December 19, 2024 Kalpataru Projects International Limited (KPIL) has successfully raised Rs 10 billion through a qualified institutional placement (QIP). The proceeds will be used to strengthen the company’s balance sheet, improve financial flexibility, and support its growth initiatives.