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Power Purchase Agreement

Macquarie Integrates Savion Acquisition, Commercialises 1 GW of RE in North America

GIG, a subsidiary of the Macquarie, has announced that it has commercialised over 1 GW of new renewable energy projects via PPAs or sales in North America. The Green Investment Group (GIG), a subsidiary of the Macquarie Group, has announced that one year following the establishment in the US, it has built a national development […]

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Facebook Signs PPA for Procuring 61.6 MW Solar Energy

Apex Clean Energy has announced that Altavista Solar has executed a PPA with Facebook for a 61.6 MW portion of the project. Apex Clean Energy has announced that Altavista Solar has executed a power purchase agreement (PPA) with Facebook for a 61.6 MW portion of the project. Altavista Solar will become the first solar energy […]

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Genex Gets Funding for its 50×2 MW Solar Projects

“As a result of banks confirming credit approvals, JSP is now ready to commence construction, subject to the finalisation of project and financing documentation, which is expected to occur over the coming weeks,” said James Harding. ASX-listed power generation development company Genex Power has received credit approval to fund its two 50 MW each solar […]

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Innergex Commissions Largest Solar Farm in Operation in Texas

Innergex full commissioned the 250 MWac Phoebe solar farm located in Winkler County, Texas. Which is currently the largest solar farm in operation in Texas Innergex Renewable Energy has announced the full commissioning of the sizeable 250 MWac/315 MWdc Phoebe solar photovoltaic (PV) farm located in Winkler County, Texas. With an average annual power generation […]

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Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm

This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […]

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AEP Energy Seeking Wind and Solar Energy in PJM

AEP Energy Partners is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company, is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. PJM is a regional transmission organisation (RTO) that […]

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Canadian Solar Subsidiary Closes Sale of North Carolina Project

Canadian Solar has announced that its wholly-owned subsidiary Recurrent Energy has closed the sale of a North Carolina solar project to NextEnergy Capital. Canadian Solar has announced that its wholly-owned subsidiary Recurrent Energy has closed the sale of 99 percent of the partnership that owns the Class B membership interest in the 74.8 MWac/102 MWp NC 102 solar photovoltaic […]

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Andhra Government Makes Key Amends to its Energy Policies

The state government of Andhra Pradesh has made several key changes to its policies on solar, wind and hybrid power The Andhra Pradesh government has made several key changes to its policies on solar, wind and hybrid power, primarily withdrawing the facility for energy banking and drawal that was purportedly causing a huge financial drain on the […]

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Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years

In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […]

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