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Power Purchase Agreement

Renewable Power Capital buys 528 MW wind farms for €800 million

UK based Renewable energy player Renewable Power Capital (RPC) has announced that it has acquired a cluster of wind energy projects with a combined capacity of 528-MW located in the Kramfors and Solleftea municipalities of Sweden for a value of  €800 million. This  includes the acquisition of the projects and the commitment of the capital required […]

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NHPC Hopes To Commission 1 GW Solar Power Projects in 2023 With Recent Contracts

India’s largest hydropower generation firm NHPC Ltd expects that three contracts recently awarded to Adani Infra, Tata Power Solar and Sri Sai would commission the 1 gigawatt solar power project by November 2023. Adani Infra, Tata Power Solar and a joint venture of Sri Sai had bagged the contract for producing 600 MW, 300 MW […]

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Tata Motors and Tata Power Continue Cooperation To Expand Solar Rooftop With 7 MWp

Continuing with the push towards sustainable manufacturing Tata Power and Tata Motors have joined hands for the development of a 7 MWp solar rooftop project at Tata Motors’ Passenger Vehicle Plant in Chikhali, Pune. This is the third phase of a joint 17 MWp on-site solar project developed by the two companies, of which a […]

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Bihar Signs Agreement with SECI; Rajgir, Gaya to Get 24X7 Green Power

The Bihar State Power Holding Company Limited (BSPHCL) has signed an agreement with the Central Government owned PSU – Solar Energy Corporation of India (SECI) – in order to provide clean electricity to the two cultural centers and key tourist spots of Bodh Gaya and Rajgir. Bihar will be the first state in the country […]

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Alcoa Signs Contract for Renewable Power to Support Restart of Aluminum Smelter

Alcoa Corporation has announced the signing of a contract for renewable energy to support the planned restart in 2024 of aluminum smelting at the San Ciprián smelter in Spain. The official statement of Alcoa has said that the long-term power purchase agreement (PPA) is with Greenalia, an independent renewable energy developer and producer. Subject to […]

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Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy

Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from […]

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Azure Power commissions 90 MW solar project in Assam

Renewable energy major Azure Power has announced that it has successfully commissioned its 90 MW solar power project in Assam, the largest in the state. The 90 MW of solar capacity is spread across four districts in Assam – Udalguri, Kamrup, Nagaon, and Cachar. Azure Power said that the solar power project was commissioned in […]

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TANGEDCO To Add 3 MW Solar Power Under PM-KUSUM Scheme

The Tamil Nadu Electricity Regulatory Commission(TNERC) has allowed the Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) to procure solar power with a combined capacity of 3 MW generated by two farmers in the state. The solar power will be purchased at a tariff of Rs 2.99 per unit, under Component – A of the […]

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DERC Rules in Favour of Rays Power on PPA dispute With NDMC, Orders Payment of Arrears

The Delhi Electricity Regulatory Commission (DERC) has finally approved the PPAs signed between Rays Power and NDMC, following a 7-year delay attributable to the latter. In March 2015, the New Delhi Municipal Council (NDMC) entered into 23 solar Power Purchase Agreements with Rays Power Experts Pvt. Ltd. In November 2016, NDMC approached DERC to request […]

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