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Power Purchase Agreement

Intersect Power Inks Long-term PPA with Direct Energy for 250 MW Solar Project

Moreover, the Athos I project is likely to kick start construction in June 2020 and Athos II in October 2020. Utility-scale renewable energy developer Intersect Power has signed a long-term power purchase agreement (PPA) with Direct Energy Business for Intersect Power’s 250 MW (MWAC) solar project. Direct Energy Business is a part of Direct Energy, one of North America’s largest […]

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Railways Tenders for Procurement of Power From Hybrid Projects

The Indian Railways has issued an RfS, inviting bids from eligible parties to procure power from wind and solar hybrid projects. The Railway Energy Management Company (REMCL), on behalf of the Indian Railways, has issued a Request for Selection (RfS), inviting bids from eligible parties to procure power from wind and solar hybrid projects. The […]

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SunPower to Supply Clean Solar Energy to Chevron’s Lost Hills Oil Field for 20 Yrs

Also, it is expected that the project will produce over 1.4 billion kilowatt hours of clean solar power during its tenure of 20 years. California-headquartered SunPower has entered into a 20 year power purchase agreement (PPA) to supply renewable energy to Chevron’s Lost Hills Oil Field. Moreover, the company has also started construction on the […]

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ACWA Power Bags 250 MW Solar Projects in Ethiopia’s PPP Programme

ACWA Power has been awarded 250 MW solar projects by the PPP-DG of the Ethiopian Ministry of Finance. ACWA Power, a leading international developer has announced that it has been awarded 250 MW (2*125 MW) solar photovoltaic (PV) projects by the Public-Private Partnership Directorate General (PPP-DG) of the Ministry of Finance in Ethiopia. ACWA Power […]

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Southern Power Acquires 136 MW Wind Facility From RES

Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […]

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MNRE Amends Bidding Guidelines for Procurement of Solar Power

MNRE has issued amendments to its guidelines for the bidding process for the procurement of power from grid-connected solar PV power projects. The Ministry of New and Renewable Energy (MNRE) has issued amendments to its guidelines for the tariff-based competitive bidding process for the procurement of power from grid-connected solar PV power projects. The said […]

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SECI Issues RfS for 400 MW ‘Round-the-Clock’ RE Power

SECI has issued its RfS for the “Round-the-Clock” supply of 400 MW renewable energy to NDMC and Dadra & Nagar Haveli. The Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of renewable energy developers for “Round-The-Clock” supply of 400 MW renewable energy to the (200 MW) […]

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Commonwealth of Virginia to Purchase 420 MW Renewable Energy

State-owned buildings and facilities in Virginia will soon be powered with renewable energy under a new agreement between the Commonwealth and Dominion Energy State-owned buildings and facilities in Virginia will soon be powered with renewable energy sources like wind and solar energy projects under a new agreement between the Commonwealth and power utility Dominion Energy. […]

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India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman

Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […]

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