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Power Purchase Agreement

FIMER Inverters Power Nepal’s Largest Solar Project

Fimer, the Italy based solar inverter maker that counts itself as the fourth-largest in the world confirms that Nepal’s largest private sector solar project with inverters supplied by Fimer, has been commissioned in the Dhalbekar region through Kushal Projects Nepal Pvt Ltd. The project size is 10 MW. Featuring FIMER’s central inverter PVS980-58 5MVA and 1MVA […]

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Lightsource bp Secures Deal to Power 88 bp Stations in NSW With RE 

Lightsource bp has announced that through a PPA with Snowy Hydro, its West  Wyalong  solar farm will supply renewable energy to 88 of bp’s service stations across New South Wales (NSW), Australia.  This milestone, the firm claims, is the result of a power purchase agreement (PPA) with Snowy Hydro which owns, operates and maintains the Snowy […]

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Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra

Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […]

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Tata Power to Develop 15 MW Solar Plant in Jharkhand for Tata Steel

Tata Power has announced that TP Saurya Limited has signed a PPA with Tata Steel Limited (TSL) to develop a 15 MW solar project in Jharkhand. Tata Power, one of India’s largest integrated power companies, has announced that TP Saurya Limited, a wholly-owned subsidiary of Tata Power Company Limited, has signed a Power Purchase Agreement […]

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Matrix Renewables & Rolwind Sign 1 GW Partnership Agreement in Spain

Matrix Renewables, a global renewable energy platform created and backed by alternative asset manager TPG and its impact investing platform The Rise Fund, will invest in an initial portfolio of 150 MW made up of three solar PV assets located in Huelva, Spain. These assets, which have the ability to co-locate energy storage, are part […]

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Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore

Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […]

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Onward Energy to Create 4 Gigawatt US Power Platform

U.S.-based independent power producers Novatus Energy and Southwest Generation today announced the completion of a merger of the two companies to create Onward Energy. Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and […]

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Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas

Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […]

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