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Power Purchase Agreement

Gujarat Releases Draft Renewable Energy Policy-2023 with Focus on Wind-Solar Hybrid Technologies

The Government of Gujarat has notified the Renewable Energy Policy-2023 for further encouraging setting up of renewable generation projects based on wind, solar and wind-solar hybrid technologies. The policy will come into effect from the date of notification and shall remain in operation up to June 2028 or till notification of the new policy, whichever […]

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SJVN Invites Developers to Bid for 1500 MW ISTS-Connected Wind-Solar Projects

SJVN has issued a tender inviting bids from developers to establish 1500 MW ISTS-connected (Inter-State Transmission System) wind-solar hybrid projects in India. The last day to submit the bid is November 7, 2023. Bids open on November 8, 2023. The validity of the bid is 12 months from the last date of bid submission. SJVN […]

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What Is Delaying Commissioning of India’s 96 GW Under-Construction RE Projects?

A quarterly report by the Central Electricity Authority (CEA) for the period ending July 31 claims that renewable energy projects of up to 96 Gigawatt (GW) are under construction in the country. These projects are related to the renewable energy projects tendered through the Solar Energy Corporation of India (SECI) and other central public sector […]

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Alight to Mark Entry into Finnish Market with Over 100 MW Solar Park

Europe’s solar developer and Independent power producer, Alight has revealed that it is set to mark its entry into the Finland with a solar park project of over 100 MW, helping with the yearly energy needs of close to 20,000 homes. The ground-mounted project will spread to an area of more than 123 hectares located […]

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Cleantech Solar Reaches Commercial Operation for Maiden VPPA

Cleantech Solar, a firm the provides renewable energy solutions to corporations in India and Southeast Asia, has revealed that the commercial operation of its maiden Virtual Power Purchase Agreement (VPPA) has begun. This is among the first VPPA plants to be operational in India. The power generated from the operating solar power plant in India, […]

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SGEL Bags 18 MW Solar Project for Bhakra Beas Management Board

A wholly owned subsidiary of SJVN, SJVN Green Energy Limited (SGEL) has entered into a power purchase agreement (PPA) with Bhakra Beas Management Board (BBMB). The PPA will pave the path for SGEL to develop an 18 MW solar project for BBMB. The project is scheduled for commissioning in August next year. In the first […]

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Shell Secures 600 MW Solar Project in Germany

Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real estate and infrastructure assets across Europe. Microsoft has already secured […]

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CERC Grants No Relief To ACME Over GNA Transition Payment

The Central Electricity Regulatory Commission (CERC), in its latest order has refrained from giving ACME Solar Holdings Private Limited (ASHPL) any relief from the payment of bank guarantee. The payment was mandated due to its transition to General Network Access (GNA) as per the newly introduced CERC (Connectivity and General Network Access to the Inter-State Transmission System) […]

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Sri Lanka’s Renewable Energy Firm WindForce Signs PPA for 10 MW Solar Project

A dominant player in the renewable energy sector of Sri Lanka, WindForce PLC, has entered into a Power Purchase Agreement (PPA) to develop a 10 MW Kebithigollewa Solar Power Project. The PPA signing ceremony witnessed the presence of N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce PLC, and […]

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