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Power Purchase Agreement

Electricity Procurement Contracts Down 11% in December 2019: Report

Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […]

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Tender Issued for 4 MW Floating Solar Project With BESS in Andaman

SECI has issued an RfS for the selection of SPDs for setting up of 4 MW floating solar project with a 2 MW/1MWh BESS at the Kalpong Dam in North Andaman. The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the selection of solar power developers (SPDs) for setting […]

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SECI Issues RfS for 1200 MW Wind-Solar Hybrid Projects

SECI has issued a Request for Selection (RfS) for setting up of a 1200 MW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for setting up of a 1200 MW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. The […]

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GERC Approves Rs 2.80/Unit Tariff for 202.6 MW of Wind Projects

GERC has approved the tariff of Rs 2.80 per unit obtained by GUVNL for the procurement of power from 202.6 MW grid-connected wind power projects in Gujarat. The Gujarat Electricity Regulatory Commission (GERC), in its latest order, has approved the tariff of Rs 2.80 per unit obtained by the Gujarat Urja Vikas Nigam (GUVNL) via […]

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Efficiency in Focus as MERC Declines Adani Plea On RE Pricing for Mumbai

The Maharashtra Electricity Regulation Commission, in its order dated January 8 has disposed of the plea by Adani Electricity Mumbai Limited (AEML) on tariff for the renewable energy it planned to purchase to meet the city’s RPO obligations and broader energy needs. The plea by AEML, which pitched for sourcing 700 MW of RE power […]

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Lightsource BP Secures Tracking Equipment for 1.5 GW Solar Projects

Lightsource BP has announced the purchase of approximately USD 100 million in tracking equipment for over 1.5 GW of large-scale solar projects in the US. Lightsource BP, a global solar leader, has announced the purchase of approximately USD 100 million in equipment from Array Technologies, an industry leader in reliable solar tracking solutions. The investment […]

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Capital Dynamics and 8minute to Collaborate on 387 MW Solar Project

Capital Dynamics and 8minute Solar Energy have announced the acquisition of the Eagle Shadow Mountain Solar Project, a 387 MWdc solar project in Nevada. Capital Dynamics, an independent global private asset management firm, and 8minute Solar Energy, the largest independent solar and storage developer in the US, have announced the acquisition of the Eagle Shadow […]

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AB Inbev, Baywa Ink Biggest Ever European Corporate Solar Deal

Belgian beer giant AB InBev has entered into solar power purchase agreement (PPA) with BayWa r.e., global renewable energy developer, for its European brewing operations. The move came as the beer giant wants to power its European operations with 100 percent renewable electricity. As per the 10-year Virtual Power Purchase Agreement (VPPA), Munich based Baywa […]

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Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms

Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects worth 492 MW. Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed December 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […]

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