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Power Purchase Agreement

OREDA Invites RFP for Selection of Solar Power Generator in Odisha

Odisha Renewable Energy Development Agency (OREDA) has invited a request for proposal (RFP) for the selection of solar power generators (SPG) for the development of a project under the KUSUM-A scheme in Odisha on a Build-Own-Operate (B-O-O) basis. The power purchase agreement (PPA) and model land lease agreement (LLA) will together form an integral part […]

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GE Announces 302 MW Agreement with Lincoln Land Wind

GE Renewable Energy announced today that it has been selected to provide 107 of GE’s 2.82-127 onshore wind turbines for the 302 MW Lincoln Land Wind project in Morgan County, IL. The wind farm is owned by funds managed by the Infrastructure and Power strategy of Ares Management Corporation (“Ares”). Apex Clean Energy led the development of […]

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Azure Power’s Petition for GST Compensation Dismissed by MERC

The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […]

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Renewables Powering Through the Pandemic: IEA

Renewable electricity expanded at fastest pace in two decades, with huge additions of solar and wind becoming the ‘new normal’ going forward Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than […]

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Toshiba Signs Agreement with GP Strategies to Acquire EtaPRO Business

Toshiba America Energy Systems Corporation (“TAES”), an affiliate of Kawasaki, Japan-based Toshiba Energy Systems & Solutions Corporation (“Toshiba ESS”), has reached agreement with GP Strategies Corporation (NYSE: GPX), a global provider of workforce transformation solutions, to acquire its EtaPRO® business. EtaPRO is a real-time digital platform for improving the efficiency and reliability of power generating assets through […]

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NTPC Renewable Energy Signs PPA to Sell Power From its 150 MW Solar Project

NTPC Renewable Energy has entered into a PPA with GUVNL to sell power from its 150 MW solar project. NTPC Limited has announced that its wholly-owned renewable energy subsidiary NTPC Renewable Energy has entered into a power purchase agreement (PPA) with the Gujarat Urja Vikas Nigam Ltd (GUVNL) to sell power generated from its 150 MW solar […]

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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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