SUBSCRIBE NEWS LETTER

Power Purchase Agreement

Punjab To Review Power Agreement For Purchase Of Solar Power

Punjab CM Bhagwant Mann has announced to review the purchase power agreement for the purchase of solar power in the state. Mann said that the state government is now purchasing solar power at Rs 2.54 instead of purchasing it at Rs 15 as was done during the tenure of earlier governments in Punjab. In a […]

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Microsoft Signs Purchase Agreement For 90 MW Wind Power with Eneco

Microsoft Corp. has announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022. This is Microsoft’s second purchase of wind […]

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Tata Power acquires WREPL through share purchase agreement

TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […]

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Gujarat Fluorochemicals Set To Secure Power From Two Wind Energy Companies

The Gujarat Fluorochemicals Limited(GFL), a chemical, fluoropolymers, fluorochemicals, refrigerants, and specialty chemicals manufacturer board has approved the procurement of power from two wind energy projects. As per the announcement, the Board has approved the slump sale of the power undertaking of its 57 MW captive power plant to IGREL Mahidad Limited, a wholly owned subsidiary […]

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News Briefs- Sungrow’s PowerTitan 2.0 In Greece, Longroad-META Deal, Repowering Wind In Germany

Sungrow’s PowerTitan to Power 105MWh Storage Projects In Greece Sungrow, the world’s leading provider of photovoltaic inverters and energy storage systems, has entered a strategic partnership with KTISTOR Energy for the implementation of its PowerTitan 2.0 liquid-cooled battery energy storage system (BESS) in several key projects in Greece. Four key energy storage projects in northern […]

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BluPine Energy, Suprajit Partner To Procure Solar Power From Karnataka Project

Gurugram-based BluPine Energy recently signed a long-term Power Purchase Agreement (PPA) with Suprajit Engineering to enhance its renewable power supply. Suprajit Automotive Private, the company’s subsidiary, entered into a Shareholders’ Agreement (SHA) with BluPine Energy Private Limited (BluPine) and Solarcraft Power India 26 Private Limited (Solarcraft 26). The company added, “The Share Subscription Agreement (SSA) […]

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O2 Power Signs PPA With Railways To Supply Renewable Power

Indian renewable energy company O2 Power has signed a Power Purchase Agreement (PPA) with East Central Railway (ECR) to supply renewable power. The energy will be sourced from O2 Power’s 360 MW installed capacity spanning Rajasthan, Gujarat, and Karnataka. This aligns with Indian Railways’ efforts to achieve net-zero emissions. Indian Railways has planned to go net-zero […]

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