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Power Purchase Agreement

Canadian Solar Declared Itself of Being Awarded With a 17.87MW project in Japan

A total of 141.3MW AC of projects at a price of JPY 19.6 ($0.18) per kWh, declared on November 21, 2017, as per the results of the first auction. Canadian Solar Inc. has secured a 17.87MW project in Japan’s inaugural solar energy auction. The company is among the world’s largest solar power company. The project is set up […]

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Enphase Energy Roars into Indian Market with the Company’s Largest Solar Installation in the Asia-Pacific Region

Powered by 2,858 Enphase Energy microinverters, the system is expected to provide more than 15,000MWh of clean power annually to the FMCG Company’s cold storage, packaging, baking, and pickling units.   Enphase Energy, a global energy technology company and the world’s leading provider of solar microinverters, announced today that its installation partner, RenXSol Ecotech has […]

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Canadian Solar to Build 367 MW Solar Projects in Mexican Energy Auction

Canadian Solar will develop and build three projects, totaling 367 MW in Mexico’s third Long-term Auction for renewables held on Nov. 15 Canadian Solar Inc. has announced that it won 367 MW of solar power projects in Aguascalientes, Hermosillo and Obregón, Mexico, in the country’s third Long-term Auction for renewables held on Nov. 15. Canadian […]

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Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions

MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […]

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India: Karnataka retenders 200MWPavagada Solar Park

Karnataka will procure electricity generated from the solar power park through long-term power purchase agreements of 25 years. The Karnataka Renewable Energy Development Limited (KREDL), the renewable energy implementing agency in Karnataka, has retendered 200 MW of solar capacity at Pavagada Solar Park. The tender was initially issued in July 2017 but was withdrawn the […]

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UPERC Faces Flak Over Revised Solar Tariff

The UP Rajya Vidyut Ubhokta Parishad said the tariff revised by the UPERC to be higher than most of the other states. The nine private companies already having their solar plants in the state of Uttar Pradesh will now sell solar power to the UP Power Corporation Ltd (UPPCL) at a price of Rs. 7.02 […]

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India Adds 2.2 GW Solar Capacity in Q3, Faces Slowing Activity – Mercom

Newly-installed solar parks in India will stand at 9.5 GW and 10 GW, as compared to its previous forecast for about 10 GW. India has added 2,247 MW to the electricity grid in the third quarter of 2017 but activity there is seen to slow down and lead to weaker-than-expected fourth quarter, according to a […]

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Indian renewable energy companies among lowest rated: Report

India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […]

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Solar Companies Expect Easier Financing For Projects

Moody’s upgrade of India to a solid investment grade level is a positive move in the renewable energy sector but regulatory hurdles could be a challenge. India’s massive effort towards renewable energy projects will gain from easier finance for investments following the upgrade of the country’s sovereign rating by Moody’s, according to the industry leaders. […]

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