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Power Purchase Agreement

SolarEdge Set to Enter Footprints in UPS Market via Gamatronic’s Acquisition

The agreement is subject to customary closing conditions and is expected to close by the end of the second quarter of 2018. With an aim to move into the markets beyond solar arena, publicly listed PV inverter maker, SolarEdge Technologies will enter into the UPS market by signing an asset purchase agreement with Gamatronic Electronic […]

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Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited

Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […]

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Microsoft Makes Largest Solar Deal in US, Buys 315 MW from 750,000 Solar Panels

The power will come from 750,000 solar panels spread across 2,000 acres at projects called Pleinmont I and II. The company says its total renewable energy portfolio will reach 1.2 gigawatts globally, which a Microsoft representative described as “enough power to light up 100 million LED bulbs. Microsoft just announced what it calls “the single […]

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KSEB to Pay Interim Tariff at Rs 3.90 Per Unit for FY18

IREDA had filed a petition on June 16, 2017 before the commission seeking an interim tariff and for getting the approval of power sale agreement for 50 MW solar PV project. The Kerala State Electricity Regulatory Commission has approved the interim tariff at Rs 3.90 per unit for electricity purchased by the Kerala State Electricity […]

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Sunrise Energy Ventures to Develop Solar Farm in Macomb

Sunrise Energy Ventures will bring the first solar installation to Macomb, making renewable energy available to Ameren customers and others who wish to purchase solar power. Sunrise Energy Ventures, a US-based solar energy development company announced the City of Macomb has agreed to sell it a seventeen-acre parcel of land so the firm can develop […]

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Ireda and Rumsl Join Hands for Large-Scale Solar Parks in Madhya Pradesh

Out of the total power proposed to be generated at Rewa solar park, 24% has been agreed to be purchased by Delhi Metro Rail Corporation and balance 76% by Madhya Pradesh Power Management Company Ltd ( MPPMCL). Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today […]

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Andhra Pradesh Seeks Rs 30,000 Crore Investment in Electric Vehicles Industry

The state expects to put in place an electric vehicles policy by next month, ahead of a proposed framework by the central government. Andhra Pradesh is seeking to attract Rs 30,000 crore of investments in the electric vehicles industry through a raft of incentives that would include capital subsidies to automakers and charging-equipment manufacturers, helping […]

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Year End Review 2017 –MNRE

Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […]

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Madhya Pradesh Targets to Beat China, Build World’s Biggest Solar Plant

Rewa plant one of the biggest solar power plant in the country will generate power to Delhi Metro, power from the new solar plant will be provided to Indian Railways. A day after Chief Minister Shivraj Singh Chouhan laid the foundation stone for the 750MW Rewa Solar Park, Madhya Pradesh is targeting to surpass China […]

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