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Power Purchase Agreement

EDF Renewable Arm Buys 270 MW US Solar Project from Galehead

EDF Renewables (EDFR), the renewable arm of the French utility EDF Group, has bought a 270 megawatt (MWdc) solar development project in the MISO Central region from Galehead Development, an independent Boston-based energy development platform. A leading independent power producer and service provider, EDFR has 35 years of experience in renewable energy. When completed the solar […]

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VP Naidu Inaugurates Amp Energy’s 2.4MW Solar Plant in Puducherry

Amp Energy India has commissioned a 2.4 MW solar power plant at Pondicherry University in the Union Territory of Puducherry. The plant was inaugurated by Vice President M Venkaiah Naidu on 13th September, 2021, in the presence of the Dr Tamilisai Soundararajan, Lt Governor of Puducherry & Chief Rector of Pondicherry University; N Rangasamy, Chief […]

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U.S. Solar Prices Rise, Despite 5.7GW Capacity Addition in Q2: WoodMac

Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. This is the first time that […]

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Indonesia Ramping Up Solar Capacity to Meet 18 GW Target For 2025: Report

Indonesia is considering how to reduce its growing greenhouse gas emissions. A moratorium on new coal power plants bodes well for growth of solar power in Indonesia. Yet harnessing solar power requires government action such as improving transparency around power purchase agreements and revising long- term power plans. A new report, jointly produced by BloombergNEF, […]

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CERC Adopts Rs. 2.63/kWh Tariff for 300 MW Solar Project

In a recent order, the Central Electricity Regulatory Commission (CERC) has accepted NTPC Limited’s petition to adopt the tariff of Rs. 2.63/kWh and a trade margin of Rs. 0.07/kWh for a 300 MW solar project. In 2019, NTPC (formerly National Thermal Power Corporation Limited) had issued a request for selection (RfS) for setting up 1,200 […]

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Mitsubishi, Amazon to Build 450 Solar Plants Totalling 20 MW in Japan

Japanese trading company Mitsubishi Corporation has signed a long-term corporate power purchase agreement, through which it will supply electricity to data centres owned and operated by online retail giant Amazon’s subsidiary Amazon Web Services. Facilitated by MC Retail Energy Co., Ltd., this corporate PPA represents Amazon’s first use of renewable energy in Japan. Under the agreement’s […]

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POSOCO Report Finds Clear Bias Against RE Developers in Tamil Nadu

Following APTEL’s order in August, the Power System Operation Corporation Limited (POSOCO) has submitted a report on renewable energy curtailment in Tamil Nadu. The order, widely welcomed by solar developer bodies like the NSEFI, had asked for verification of claims made by both sides on the issue of curtailment. As it turns out the POSOCO […]

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EDF, California Community Group Sign 300 MW Solar+Storage PPA

EDF Renewables North America (EDFR) and Clean Power Alliance (CPA) have signed a 15-year Power Purchase Agreement (PPA) for the Desert Quartzite Solar-plus-Storage project, which consists of of a 300 megawatt (MWac) solar project coupled with a 600 MWh battery energy storage system (BESS). The project is expected to begin delivery of clean electricity to […]

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UK-based Octopus Group Buys 181 MW Wind Farm in Australia

Octopus Australia has acquired the 181MW Dulacca Wind Farm in Queensland, Australia, from global renewable energy company RES. Once constructed, the wind project will consist of 43 wind turbines and generate enough electricity to power approximately 124,000 homes. Octopus Australia is a part of UK-based Octopus Group that manages over 260 renewables assets globally. In addition to […]

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