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Power Purchase Agreement

SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power

SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […]

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Nike Signs First Wind Power PPA in Europe

The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […]

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European Companies Set Record For Wind Power Deals

European companies bought a record amount of wind power last year, as businesses looked for greener ways to drive their machinery and data centres. As wind power becomes competitive on price with conventional energy in many countries, big companies have rushed to secure renewable energy to manage costs and reduce their carbon emissions, while boosting their image with […]

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SECI and HPPC Sign PSA for 590 MW of Wind Power

SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […]

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Facebook Signs Virtual PPA for 80 MW of Solar Power

Under the agreement, Digital Realty has executed a long-term renewable power purchase contract to secure approximately 80 MW of solar power capacity for Facebook to power its Virginia Data Center. Digital Realty, a leading global provider of data center, colocation and interconnection solutions, has announced the signing of a virtual power purchase agreement on behalf […]

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MSEDCL to Appoint Power Managers for 23,000 Villages

The power managers will attend to the power-related complaints and electricity thefts. The Maharashtra State Electricity Distribution Co Ltd. (MSEDCL) has announced through an official release that it will appoint power managers in 23,000 villages to attend to the complaints related to electricity and its theft. The MSEDCL will appoint 23,000 ‘village electrical managers’ one […]

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Google Signs First Solar Purchase Deal in Asia

The world’s largest corporate purchaser of renewable energy has signed a long-term agreement to purchase the output of a 10 MW solar array (part of a larger solar farm) in Tainan City, Taiwan. Google has announced that after signing on to more than 30 solar and wind projects across the Americas and Europe, it has […]

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Adani Issues RfS for Purchase of 700 MW of Solar Power

The last date of bid-submission is February 12, 2019, and the technical bids will open on the same day. Adani Electricity Mumbai Limited, in order to fulfill its Renewable Purchase Obligation (RPO), has issued a Request for Selection (RfS) for the procurement of power through competitive bidding from 350 MW grid-connected solar photovoltaic projects with […]

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DERC Approves 100 MW Wind Power Agreements

The tariff of the PSA will be Rs 3.53/kWh, which will comprise of the Rs 3.46/kWh tariff quoted by developer and PTC’s trading margin of Rs 0.07/kWh. The Delhi Electricity Regulatory Commission (DERC) has issued a notification with the approval of two power sale agreements between BSES Rajdhani Power Ltd (BRPL) and PTC India Ltd […]

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