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Power Purchase Agreement

Duke Energy Renewables Acquires 200 MW Texas Solar Plant From Canadian Solar

Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200 MW Rambler solar project in Texas from Canadian Solar. Duke Energy Renewables, a subsidiary of North Carolina-based power utility Duke Energy, is expanding its solar energy portfolio by acquiring the 200 megawatts (MW) / 266 megawatts peak (MWp) Rambler solar project from […]

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SECI Signs PSA’s Worth 930 MW With Multiple State Discoms

SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […]

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Atlas Renewable Energy Begins Operation of 156 MW Solar Plant in Brazil

Atlas Renewable Energy has announced that its largest project in Brazil, the 156 MW Juazeiro Solar Plant, is now fully operational. Atlas Renewable Energy, a leader in clean energy across Latin America, has announced that its largest project in Brazil, the 156 MW Juazeiro Solar Plant, is now fully operational. The plant has an installed capacity of 156 […]

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Soltec to Supply Trackers for Enel’s 220 MW Solar Project in Mexico

Soltec will be supplying and installing its SF7 Bifacial trackers at a 220 MW project that Enel Green Power is building in Tlaxcala, Mexico. Soltec, a  leading manufacturer and supplier of single-axis solar trackers, has announced that it will be supplying and installing its SF7 Bifacial trackers at a 220 MW project that the Enel […]

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SECI’s 1200 MW ISTS-V Solar Tender Undersubscribed

SECI’s ISTS-V solar tender which was issued seeking to award projects worth 1200 MW has received bids only for half the tendered capacity. The Solar Energy Corporation of India (SECI’s) had issued an RfS (ISTS-V) for setting up of 1200 MW solar power projects in India in July. The tender, which was issued seeking to […]

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IL&FS Proposes to NCLT Sale of Wind Assets to Orix

ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […]

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Setting up of Renewable Projects Without PPAs: NTPC Chairman

NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […]

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