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Power Purchase Agreement

Germany’s ib vogt Begins Construction on Spain Project, Signs PPA with Google

German’s turnkey PV plants provider, ib vogt has started construction on the 149 MWp Garnacha solar power plant located in the province of Zamora in Spain. The project signed a power purchase agreement (PPA) with Google for a period of 12 years, signaling the first major collaboration between ib vogt and Google. With a €90m […]

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Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects

Ace global investor Ontario Teachers’ Pension Plan Board  (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […]

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CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date

The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […]

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152 MW Wind Project of rPlus Energies Acquired by Clearway

In late 2021, rPlus Energies sold its interest in the approximately 152 MW ‘Cedar Creek Wind’ project to Clearway Energy Group. This announcement follows Clearway’s recent statement that it has signed a long-term power purchase agreement (PPA) between Cedar Creek Wind and PacifiCorp. Clearway is one of the largest renewable energy players in the USA. […]

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APDCL Invites RFS For Two Solar Projects With Cumulative Capacity of 150 MW

Assam Power Distribution Company Limited (APDCL) has invited the request for selection (RFS) for two solar projects / tenders with a cumulative capacity of 150 MW including 100 MW of grid-connected floating solar PV projects and 50 MW of grid-connected ground-mounted solar PV projects. The last date for submitting the online bid for both tenders […]

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EY Index Says Volatile Conditions Accelerate Global Renewables Market

EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […]

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Sunsure Energy Commissions 74 MW Industrial Solar Park

In the Tamil Nadu district of Tirunelveli, a 74 MWp Open Access Solar Power Plant was built by Gurugram-based Sunsure Energy, a provider of whole solar solutions. With the completion of the project on September 25, 2022, Sunsure has installed 250 MW of solar power throughout 16 Indian States. For this project, Sunsure Energy is […]

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MSEDCL Invites RFS for 230 MW Solar Project Through Competitive Bidding

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has invited RFS (request for selection) for a 230 MW of solar power project tender through a competitive bidding process in Maharashtra. The Successful bidders shall develop ground-mounted solar PV power projects subject to the conditions specified and as per the list of lands annexed. The last date […]

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Switzerland’s Pexapark, Sweden’s AFRY Develop Valuation Framework for RE Investments

 AFRY- a Swedish-Finnish supplier of engineering, design, and advisory services that helps accelerate the transition towards a sustainable society- and Pexapark, a firm which facilitates PPAs, have entered into a partnership to develop the market’s first ‘Daily Valuation Curve’. The Daily Valuation Curve looks at providing renewables to investors, developers and portfolio owners with a […]

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