SUBSCRIBE NEWS LETTER

Power Purchase Agreement

Technique Solaire Acquires 5 Solar Plants With 135.4 MWp Capacity

In a strong indicator of its plans for India and overall international expansion, French developer Technique Solaire Group has acquired 5 ground-mounted photovoltaic power plants in the state of Karnataka, southwest India. The combined capacity of these 5 projects is 135.4 MWp, bringing the total capacity operated by the Group in India to 210 MWp. […]

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HPCL Tender Seeks Developer for 78 MW Renewable Energy

Hindustan Petroleum Corporation Limited has issued a tender for the supply of 78 MW of renewable energy under long-term open access from projects located anywhere in India. The developer selected in the HPCL tender will be responsible for supplying power to HPCL’s refinery in Mumbai. The last day for the submission of bids for the […]

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EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report

A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […]

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CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events

The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events.  These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […]

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RenewSys Strikes 100 MW Solar Module Supply Deal with Engie India

RenewSys, an integrated manufacturer of PV modules, has signed a 100 MW solar module supply agreement with Engie India. This contract is for Engie India’s GUVNL 2 project, operating under a 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL). Naresh Baluja, Chief Commercial Officer of Engie India, says, “We are […]

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Govt Amends Bidding Norms To Ease Early Starting Of Wind Projects

The Ministry of Power recently notified a new resolution to amend the norms for tariff-based bidding process for procurement of wind power from the wind energy generators in the country. The new resolution paved the way for early clean energy production and distribution commencement.  Earlier in 2023, the ministry had issued guidelines for tariff-based competitive bidding processes […]

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SJVN Green Energy Ltd Signs PPA with SECI for 200 MW Wind Project

SJVN Green Energy Limited (SGEL) has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 200 MW wind project connected to the grid. SGEL had participated in the tariff based competitive bidding process conducted by SECI for selection of wind power developers for setting up 1,200 MW grid connected […]

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Sri Lanka Releases Tender for 70 MW Solar Projects

Sri Lanka-government owned Ceylon Electricity Board (CEB) has issued a tender for the development of ground-mount solar projects for a cumulative capacity of 70 MW. The projects under the Sri Lanka tender will range from a capacity of 1 MW to 5 MW. The last date for the submission of Sri Lanka tender for 70 […]

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Swift Current’s 197 MW Castle Gap Wind Project Set Into Motion

Swift Current has announced that it has kickstarted operations of its 197 MW Castle Gap Wind Project established in Central Texas. The project supplies power to retail giant, Target Corporation. Swift Current and Target Corporation have forged a partnership by way of a virtual power purchase agreement. Presently, the wind project is generating enough energy […]

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