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Power Purchase Agreement

Pakistan A Step Closer To 1.3 GW Renewable Project

Pakistan, where despite a horrendous power grid situation and ideal conditions for solar, renewable energy beyond Hydro has simply not been allowed to take root, might finally be moving towards a GW scale renewable project. The country’s grid has been paralysed with issues linked to its ‘circular debt’, leading to extended blackouts, and a stealthy […]

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Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project

Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […]

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MERC Relief For Wind Energy Generator In Maharashtra

The Maharashtra Electricity Regulatory Commission (MERC), in its order earlier this month, provided relief from the threat of disconnection to a Wind Energy Generator (Rajlakshmi Minerals) , after the state discom, Maharashtra State Energy Distribution Company Limited (MSEDCL) threatened to disconnect its  turbines. MSEDCL’s contention was threefold. a) Apparent non-installation of individual meters at each […]

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GRIDCO Invites Bids For 500 MW Energy Storage Project In Odisha

Grid Corporation of Odisha (GRIDCO) invited bids and released an e-tender from eligible bidders for 500 MW through Energy Storage System (ESS) capacity. The tender stated, “The GRIDCO project connected to the CTU/ Odisha STU, with 5 hours of peak support, for 5 years.” Confirming the terms and conditions mentioned in the tender document. The […]

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MoP Issues Viability Gap Funding Guidelines For BESS Project

The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […]

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Cyantron & Fasmho Energy Ink Deal For High-Voltage Battery Systems

Electric Vehicles battery management firm Cyantron and Fasmho Energy have announced their partnership, focusing on advanced battery packs aiming to develop and manufacture custom intelligent energy storage solutions, particularly for non-stationary high voltage energy systems like e-buses and e-trucks. According to a media statement by Cyantron, Fasmho Energy and Cyantron Synergies plan to co-develop battery […]

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JSW Renewable Technologies Partners With SANY Renewable Energy To Make WTGs

The energy arm of JSW Group, JSW Renewable Applied Sciences, and SANY Renewable Vitality have signed an agreement to manufacture 3.X MW Wind Turbine Generators (WTGs) in India. The company noted in its statement that JSW Renewable Applied Sciences and SANY Renewable Vitality have launched into a pivotal journey, signing an expertise licensing settlement to […]

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BHEL Invites Bids For 300MW Floating Solar Project In Odisha

Bharat Heavy Electricals Limited (BHEL) has issued a tender for the supply, commissioning of outdoor grid-connected power conditioning units (PCU) for a 300MW AC capacity floating solar power project at Rengali, Odisha.  The BHEL tender opened on 6th March, and the bid opened on 16th March. The floating solar project tender mentioned the bid submission […]

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Arevon Energy & Meta Ink Deal For 349 MW Solar Energy In US

Renewable energy developer, Arevon Energy, Inc., and Meta Platforms have signed two long-term Environmental Attributes Purchase Agreements (EAPA) for the Kelso Solar Project in Scott County, Missouri in the United States. The Kelso Solar Project will generate 349 megawatts (MWac) of power and will help support Meta’s operations in the region with 100 percent renewable […]

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