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Power Purchase Agreement

San Diego Community Power and RAI Energy Announce Integrated 100 MW Solar Energy and 150 MW Storage Project

San Diego Community Power (SDCP), the not-for-profit community choice energy program serving five cities in the San Diego region, entered into a power purchase agreement with an affiliate of RAI Energy International, Inc. (RAI Energy), the Silicon Valley-based global renewable energy development company. The project is located in Imperial County, California and is an integrated 100 megawatt (MW) photovoltaic solar energy […]

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ACWA Power to Develop 1.5 GW Wind Project in Central Asia

ACWA Power has signed an implementation agreement for the development, construction & operation of a 1.5 GW wind power project in Uzbekistan. ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 countries, signed an implementation agreement with the Ministry of Investments & Foreign Trade and the […]

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TATA Power’s TP Saurya Wins 250 MW PV Projects at Maharashtra Auction

TP Saurya Limited, a subsidiary of Tata Power, announced recently that it has bagged 250 MW of grid-connected solar photovoltaic projects to be built at the Dondaicha Solar Park in Dhule, Maharashtra, at a solar auction organised by Maharashtra State Power Generation Company (MAHGENCO). To achieve this feat, the company won the full capacity of 250 MW […]

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Renault Group Signs Agreement with Iberdrola to Reach Zero Carbon Footprint in its Factories

Renault Group and Iberdrola today signed a strategic partnership to reduce the CO2 emissions of Renault’s energy consumption in Spain and Portugal. Under the agreement, Iberdrola will supply green energy on a long-term basis, while implementing heat electrification and energy efficiency systems at the manufacturer’s facilities. Additionally, Iberdrola will analyse on-site renewable projects, electrify mobility and […]

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PowerGrid InvIT’s Rs 7735 Cr IPO to Open at Rs 99-100/Unit Price Band

The PowerGrid Infrastructure Investment Trust (InvIT) has fixed a price band of Rs 99-100 per unit for its Rs 7,735 crore initial share sale, which will open for public subscription on April 29, 2021. The issue will close on May 3, 2021, and the bidding for anchor investors will open on April 28, 2021, according […]

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Torrent Power Awarded 300 MW Solar PPA, Project to be Established in Gujarat

Torrent Power has been awarded a long-term PPA for 300 MW capacity of solar power generation, project to come up in Gujarat. Torrent Power has announced that it has been awarded a long-term Power Purchase Arrangement (PPA) for 300 MW capacity of solar power generation. The firm has stated that it will set up the […]

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ReNew Power Commissions 105 MW Solar Facility in Gujarat

ReNew Power announced yesterday (April 21) that it has commissioned a 105 MW solar generation facility in Gujarat, with the project having a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL) at a tariff of Rs 2.68/kWh. The project has advanced mono perc solar modules with seasonal tilt structure design as part […]

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Ørsted Acquires Ireland and UK Onshore Wind Power Platform from Brookfield Renewable

Today, Ørsted has entered into an agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 100 % equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The agreement is based on an enterprise valuation of BRI of EUR 571 million as of 31 […]

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NIPSCO and Capital Dynamics Sign 200 MW Solar Energy Build Transfer Agreement

Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, today announced that they have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project. “We […]

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