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Power Purchase Agreement

Waaree Commissions 122 MWp of Solar Project At Khandwa In MP

Waaree Renewable Technologies Ltd. (WRTL), a subsidiary of Waaree Energies Ltd, has now announced the commissioning of 87.5MW (122.5MWp) of EPC solar power project in the Khandwa district of Madhya Pradesh. This project was developed by Waree for UPC Renewable Energy Pvt Ltd’s subsidiary Masya Solar Energy Pvt Ltd. The clean energy project is spread […]

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AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia

Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […]

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Gujarat Issues Draft Green Energy Open Access Rules

The Gujarat Electricity Regulatory Authority (GERC) has come up with its latest draft regulations for Green Energy Open Access. It has put the draft regulations for public scrutiny and asked the power stakeholders and the general public to send their comments on these by the end of July 26. The new rules have been named Draft Gujarat Electricity Regulatory […]

West Bengal Proposes A Ceiling Tariff For Small Renewable Projects

The West Bengal Electricity Regulatory Commission (WBERC) has now released its draft regulations to govern the tariff determination in the state for different forms of electricity generation. The new draft regulations have been named WBERC (Modalities of Tariff Determination) Regulations 2023. The Commission has asked the public and the stakeholders to send their comments on the draft […]

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Europe’s Solar Firm Alight Signs PPA With Axfood To Build Sweden’s Largest Solar Park 

Europe’s solar developer and Independent power producer Alight and food retail group Axfood have signed a Power Purchase Agreement (PPA) to build Sweden’s largest solar park threefold. The scale of the solar park unlocks the possibility of using non-recourse project financing for the first time, signaling a shift in the feasibility of large-scale solar in […]

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As Bangladesh’s Textile Sector Makes Green Switch, Lessons For India’s Export Giants Too

Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At […]

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Poor Policy Shackling Pakistan’s Solar Potential: IEEFA

Innovating Pakistan’s power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available […]

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Avaada Energy Gets LoI for 400 MW Solar Project from GUVNL

Avaada Energy, an arm of Avaada Group, an integrated energy group with business interests in renewable power generation, solar module manufacturing, electrolyser manufacturing and green ammonia production, has received the Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to set up 400 MW (DC) solar project. The company has won 200 MW […]

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BSNL Issues Tender for 10 MW Rooftop Solar Projects

Bharat Sanchar Nigam Limited (BSNL) has issued  a tender inviting bids for the selection of project developers for the installation of 10 MW of grid-connected rooftop solar projects. These projects will be established across its buildings in several states. The projects are to be executed under the renewable energy service company (RESCO) model. The last […]

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