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Power Purchase Agreement

NTPC Offer Draws Out ISA Invite For Other Organisations to Enlist

The New Delhi Headquartered International Solar Alliance (ISA), which finally started on its massive 1000 W mandate recently with the 270,000 plus solar water pump tender (through EESL), continues to lay the groundwork for its next phase of work. After the National Thermal Power Corporation (NTPC) submitted a proposal to approve it as a consultant […]

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Iconic Sydney Opera House Chooses Solar, Wind Energy

On of Australia’s most iconic heritage building, Sydney Opera House will procure solar and wind energy to power its activities for the next 7 years Australia’s most iconic building Sydney Opera house has inked contracts to source wind and solar power from major projects in the state of New South Wales. Based on a power […]

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Recurrent Energy Signs Solar PPA Worth 310 MWp with Anheuser-Busch

Recurrent Energy has signed a 15-year PPA with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in Texas. Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, has announced the signing of a 15-year Power Purchase Agreement (PPA) with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in […]

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Seventy Majors From India’s Top 100 Corporates Shifting to RE: WWF Report

Giving a boost to the Renewable energy sector in India, the latest WWF India report says that 70% of top Indian corporates have shown increased uptake of Renewable energy. The report titled, ‘Renewable Energy Demand in India: Corporate Buyers’ Perspective’ was launched by Mr. Jamshyd Godrej, Chairman, Godrej & Boyce in Mumbai at a WWF-India and The […]

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Canadian Solar Signs Solar PPA with Oil & Gas Major ‘Energy Transfer’

Canadian Solar has announced that its wholly-owned subsidiary Recurrent Energy has signed a PPA with oil and gas pipeline company, Energy Transfer. Canadian Solar, one of the world’s largest solar power companies, announced that its wholly owned subsidiary Recurrent Energy has signed a power purchase agreement (PPA) with Dallas-based oil and gas pipeline company, Energy Transfer. Representing the oil […]

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Lendlease and Sacramento County Finalise PPA For 160 MW Solar Facility

Rancho Seco Solar II is scheduled to begin construction later in 2019 and is scheduled for completion by the end of 2020. Lendlease, a leading international property and infrastructure group and the Sacramento County Municipal Utility District (SMUD) have jointly announced the execution of a 30-year power purchase agreement (PPA) for Rancho Seco Solar II, their new […]

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Facebook Partners with Longroad Energy For 379 MW Texas Solar Project

Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project.  Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […]

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SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender

The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […]

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Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV

The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […]

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