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Power Purchase Agreement

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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Tata Power to Develop 110 MW Solar Project for KSEBL

Tata Power has announced that the company has received a LoA from KSEBL on January 6, 2021, to develop a 110 MW solar project. Tata Power, one of India’s largest integrated power companies, has announced that the company has received a Letter of Award (LoA) from the Kerala State Electricity Board Limited (KSEBL) on January […]

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Manipur Requests Developers For Setting up 100 MW Grid-Connected Solar Power Project

The Manipur Renewable Energy Development Agency (MANIREDA) has invited bids for setting up a 100 MW solar project at Jiribam Manipur Renewable Energy Development Agency (MANIREDA) has released a tender for the selection of the solar power developers for setting up a 100 MW Grid-Connected Solar PV Power Project at Jiribam, Manipur, at an estimated […]

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ACWA Power Signs Agreements for 1st Foreign Investment Wind Project in Azerbaijan

ACWA Power has executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan. Following the signing of the implementation agreement for the USD 300 million Independent Power Project in January 2020, ACWA Power has now executed the official agreements for the 240 […]

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Railways Looking to Procure Schedulable Power From Solar & Storage System

REMCL, a JV of the Indian Railways, has issued an EOI for Pilot Project for procurement of schedulable power from a solar plus storage system. REMCL Ltd, a Joint Venture (JV) company of the Indian Railways and RITES Ltd, has issued an expression of interest (EOI) for its Pilot Project for the procurement of Flexible, […]

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SECI Disburses Rs 770 Cr in October, Rs 370 Cr for Solar & Wind Power

SECI has published all the payments (solar/ wind power procured, transmission fees, subsidy, and GST rebates) it has made in October 2020. The Solar Energy Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power procured, transmission fees, […]

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JinkoSolar Sells Its Stake in Abu Dhabi Sweihan Power Station

JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE:JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its wholly-owned subsidiary JinkoSolar Sweihan (HK) Limited (“Sweihan HK”) has signed a share and debt purchase agreement with Jinko Power (HK) Company Limited (“Jinko HK”), an indirectly wholly-owned subsidiary of Jinko Power […]

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The Plan is to Power the Entire Agriculture Sector With Solar: RK Singh at RE-Invest

India’s plan is to rapidly take forward the idea of solarising its agriculture sector, and not just stop at solar pumps but cover the entire value chain. Agro-PV offers an opportunity to enable the achievement of both sustainable agriculture and clean energy transitions. Decentralised and distributed renewable energy solutions including solar-powered irrigation can significantly contribute […]

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