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Power Purchase Agreement

Over 60 Cos Participated in MP’s 28 MWp Rooftop Solar Project Pre-Bid Meet

Moreover, the bids will be submitted for the tender by July 9, and the financial bid will be opened on 19th July. More than sixty prospective bidders from across the country have participated in the 2nd pre-bid meeting for Madhya Pradesh’s 28 MWp rooftop solar project. As per the Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) […]

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VGF Program Guidelines Amended for Solar Projects

Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. Under the National Solar Mission (NSM) Phase-II, Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. In the […]

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MP Implements 26 MW Rooftop Solar Programs Via RESCOs

Under the RESCO model, the project developer invests, builds and operates the rooftop solar project using its own funds and/0r taking debt to generate electricity and sell it to the beneficiary. In order to enhance their solar dependency, Madhya Pradesh, via Renewable Energy Service Company (RESCO) mode, is implementing 26 MW multiple rooftop solar programs in […]

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Bengaluru International Airport to Go Solar by 2020

Our aim is to make the airport 100% renewable-energy powered by 2020. We also plan to increase our consumption through on-site and off-site solar power purchase agreements By the year 2020, the Bangalore International Airport Limited (BIAL) has signed up a target of running its Kempegowda International Airport (KIA) totally on solar power. The power demand per day […]

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GCL New Energy Inks PPA for 110 MW Solar Project in Colorado

Further, this project is located on 611 acre site 35 miles east of Denver, Colorado where the land is flat and has good irradiance. Clean energy conglomerate GCL Group arm GCL New Energy has inked a long-term power purchase agreement (PPA) with Intermountain Rural Electric Association (IREA) for its Pioneer 110 MW greenfield project in Colorado. Further, this […]

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Beer Giant AB InBev’s Mysore Unit Goes Green; Inks Pact with Canadian Firm

The brewery in Mysore manufactures beer brands especially Budweiser, Knock out and Beck’s Ice, is the company’s third unit in the world that has shifted to the renewable source to meet its energy demands. The other two are in the US. The Mysore unit of World’s biggest beer giant Anheuser-Busch (AB InBev) in Karnataka has shifted from […]

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Enphase, Waaree Announce 4.5 MW Solar Installation in India

This PV project will be the largest Enphase microinverter-based solar installation globally. California-headquartered Enphase Energy and India-based solar panel maker Waaree Energies has announced 4.5 MW PV project installation using Waaree Enphase AC modules in Hosapet, India. This PV project will be the largest Enphase microinverter-based solar installation globally. Further, the system’s owner, an independent […]

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SECI Named Nodal Agency to Implement 2,500 MW Wind-Solar Hybrid Project

The eligible capacity for bidding will be a minimum 200 MW and maximum 500 MW by a bidder with project capacity of at least 50 MW at one project site. The Ministry of New and Renewable Energy (MNRE) has appointed Solar Energy Corporation of India (SECI) as the nodal agency for setting up of 2,500 […]

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Government Apathy a Bottleneck for Solar Energy Push

The delays haven’t gone down well with the prosumers (consumer and producer of solar power), who after investing their money on installing solar panels and getting all the paperwork done, are upset at seeing their installations lie idle. The cabinet had approved the state solar policy last year. The onus is on the government to […]

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