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Power Purchase Agreement

NREL, JSW, Solarcraft Emerged Winners For SJVN’s 1500 MW Solar Tender

NTPC Renewable Energy Limited (NREL), JSW, Solarcraft, and some other solar power developers bagged recent orders from a 1500 MW solar power tender auctions undertaken by SJVN Limited. While Solarcraft Power India emerged as the bidder with the lower tariff of Rs 2.52/kWh, others that bagged the order included GRT Jewelers (India), Furies Solren, JSW […]

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Avaada Energy Secures Over 1400 MWp Solar Project Across India

Avaada Energy, a key entity in the Avaada Group’s renewable energy division, has recently announced an acquisition of approximately 1400 MWp in solar energy projects through recent tenders issued by central and state government agencies in India. Vineet Mittal, Chairperson of Avaada Group said, “Marking a significant stride in India’s renewable energy journey, Avaada Energy […]

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SJVN Issues Tender For 1500 MW Wind-Solar Hybrid ISTS Project

SJVN Limited has issued a tender for a 1,500 MW wind-solar hybrid project. The Central PSU plans to allocate this project to the Inter-State Transmission System (ISTS). The entity plans to select hybrid project developers under tariff-based competitive bidding. The tender document said that the successful bidders will sign a 25-year Power Purchase Agreement (PPA) with […]

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Octopus Grabs 199-MW Solar Portfolio from Statkraft Ireland

Octopus Renewables Infrastructure Trust (ORIT) has announced that it finalized the acquisition of four newly-built solar farms situated in close proximity to Dublin, Ireland. The four solar installations collectively boast a capacity of 199MW and were procured from Statkraft Ireland, the developer, and constructor of the projects, overseen by ORIT. With this acquisition, ORIT’s portfolio […]

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Aggreko Energy Transition Solutions To Develop 13 MW Solar Project in Texas

Aggreko, a US-based energy solutions company, announced that the company’s Energy Transition Solutions (“Aggreko ETS”) division has acquired a 13 MW behind-the-meter solar power project site in Texas. Aggreko ETS will oversee the construction, own, and operate the clean energy project in support of a Texas energy producer’s drive to decarbonise operations. Once complete, the […]

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NHPC Invites Bid for 1200 MW Wind Plant in Central, South India

Indian public sector hydropower company NHPC has invited bids for wind power projects for a contracted capacity of 1200MW from Inter-State Transmission System (ISTS) connected Wind Power Projects under Tariff Based Competitive Bidding (TBCB) that will be conducted online. The last date for the submission of the bid is 28th February 2024 and the opening […]

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With $500 million of Production Tax Credits, 600 MW Solar Project Moves Ahead In US

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, has announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in Electric Reliability Council of Texas (ERCOT) which provides power to the grid in the […]

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L&T Construction To Build 1800MW Solar Plant in Dubai

India-based technology and construction company Larsen & Toubro Power Transmission & Distribution business’ Renewable EPC arm has been given the turnkey Engineering, Procurement, and Construction contract to establish an 1800 MWac Solar Photovoltaic Plant in Dubai, United Arab Emirates. The project is the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, Dubai, […]

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