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Power Purchase Agreement

India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend

India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […]

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Old King Coal is Dead – Long Live The King

Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […]

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PepsiCo Announces Target for 100% Renewable Electricity by 2030

PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […]

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Tender for 25 MW Canal top Solar Plants in Karnataka Issued Again

SSCL has issued its tender for 25 MW solar plants on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka for a second time. The Shivamogga Smart City (SSCL) has issued its tender, inviting bids from eligible firms, for setting up of 25 MW solar PV power plants on the Upper Tanga […]

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Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio

Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […]

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Cochin Port Trust Tenders for 1.5 MW Floating Solar Projects

The Cochin Port Trust has issued a tender for 1.5 MW grid-tied floating solar projects at the Backwaters near CoPT’s walkway avenue in Kerala. The Cochin Port Trust (CoPT) has issued a tender, inviting bids from eligible bidders for setting up of 1.5 MW (0.75 MW x 2) grid-tied floating solar projects at the Backwaters […]

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Manufacturing Boosted by Low Tariffs Will Help Atmanirbhar Bharat: RK Singh

RK Singh believes Lower tariffs will boost local manufacturing in the country, which in turn will contribute to achieving the goal of Atmanirbhar Bharat. Union Minister for Power and New and Renewable Energy RK Singh has said that the competitiveness of the Indian solar industry which has seen tariff drops to a record low will […]

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Another Deadline Extension for 15 MW Floating Solar Tender in Himachal

SECI, for the 4th time, has extended the bid deadline for its tender for setting up of 15 MW floating solar plant at the Nangal Pond in Himachal Pradesh. The Solar Energy Corporation of India (SECI) has once again extended the bid submission deadline for its tender for the selection of solar power developers for setting up of 15 […]

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8minute Signs PPA for 400 MW Solar Plus 540 MWh Storage With CPA

8minute Solar Energy has executed a 15-year PPA with CPA for the 400 MW (300 MWac) Rexford 1 Solar and Storage Center in Tulare County 8minute Solar Energy has announced that the company has executed a 15-year power purchase agreement (PPA) with Clean Power Alliance (CPA). The 400 MW(300 MWac) Rexford 1 Solar and Storage Center […]

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