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Power Purchase Agreement

Mumbai Metro Installs Solar Rooftop System over D N Nagar Depot

A total of 2000 solar rooftop panels have been installed atop the depot which will generate 0.9 million units of  the power every year bringing in an annual saving of Rs 50 lakh. Mumbai Metro One Private Limited (MMOPL) which is promoted by Reliance Infrastructure has installed solar panels on the roof of one of […]

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Canadian Solar Secures Funding of $69 Mn for Solar Project in Mexico

The Aguascalientes project was awarded a Power Purchase Agreement (PPA) during the 2016 inaugural Mexico energy auction. Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured funding of US$69.0 million non-recourse project financing for the 67.8 MWp Aguascalientes solar power project in Mexico. The funding is provided by […]

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New Braunfels Utilities Signs One of the Lowest PPA in the USA

A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […]

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CleanMax Solar to Install 842 KWp Solar Rooftop in AP Secretariat

The project is being carried out by CleanMax Solar in partnership with the Andhra Pradesh Capital Region Development Authority. Andhra Pradesh Secretariat is all set to go solar with CleanMax Solar about to install 842 KWp  solar rooftop system in Amravati. The project is being carried out by CleanMax Solar in partnership with the Andhra […]

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Greenbacker Renewable Energy Buys 10.8 MW portfolio From Sol Systems

The two projects, Project Blue Star and Project Phoenix, which are collectively known as the the Phoenix Solar Portfolio, are located in Kent County and Prince Georges County, Maryland. Greenbacker Renewable Energy has announced today that it has purchased the rights to a 10.8 MW portfolio of two solar projects from Sol Systems. The two […]

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California Becomes 1st State to Mandate Solar for All New Homes

The unanimous action finalizes a previous vote by the Energy Commission and fulfills a decade-old goal to make the state reliant on cleaner energy. California became the first state in the nation to require homes built in 2020 and later be solar powered, following a vote by the Building Standards Commission. The unanimous action finalizes […]

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Recurrent Energy Inks 25-Yr PPA with Silicon Valley University

This PV project, together with Stanford University’s existing 67 MWp solar PPA and its 5 MWp rooftop installation, will produce enough clean renewable electricity each year to equal the university’s annual electricity consumption. Canadian Solar arm Recurrent Energy Inked a 25-year power purchase agreement (PPA) for the 63 MWac/88 MWp Stanford Solar Generating Station #2. The Stanford […]

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TANGEDCO Issues Tender for 500 MW Grid-Connected Solar Project

The project will be awarded based on a reverse auction to be held on a specified date, the upper ceiling for the bidding is set at Rs 3.00 per unit. Moving towards solar energy, Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has invited bids from solar power generators for the procurement of 500 MW […]

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Neoen Commissions Australia Largest PV Solar Plant

Connected to TransGrid’s transmission network, the 550 hectare solar park has a power purchase agreement of 12 years with EnergyAustralia. Neoen, a French renewable energy firm, has completed and started commercial operations at its 189MW Coleambally Solar Farm in New South Wales, Australia. Connected to TransGrid’s transmission network, the 550 hectare solar park has a […]

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