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Power Purchase Agreement

Metro Station of the Aqua Line to be Fully Powered by Solar Energy

Solar panels will be installed over all 21 stations falling on that line, including the parking area and boundary walls. Being the latest addition to the metro network, station on the ‘Aqua line’, connecting Greater-Noida to Noida will be powered by solar energy. The total energy generation from all the station will be 10MW. Solar […]

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Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process

Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […]

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European Solar Power Market, Forecast to 2025

This research presents an analysis of the European solar power market.This study includes an in-depth analysis of the market with a specific focus on nine countries—Austria, Belgium, Germany, Italy, United Kingdom, France, Spain, Turkeyand the Netherland—besides the Nordic Countries and Rest of Europe. End-user groups are residential, commercial & industrial and utility scale.Installed capacity and expected trends in end-user segments vary across countries. […]

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Walmart, SunPower Sign 23 MW Solar Pact

As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019.   Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […]

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Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI

The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […]

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AMENDMENT-I, PPA & PSA : SELECTION OF SOLAR POWER DEVELOPERS FOR SETTING UP OF 150MW (50MW X 3) GRID CONNECTED FLOATING SOLAR POWER PROJECTS TO BE INSTALLED AT RIHAND DAM, UP

This has reference to the RfS No. SECI/C&P/SPD/RfS/150MW FLOATING/UP/R1/092018 dated 06.09.2018 regarding “Selection of Solar Power Developers for Setting up of 150MW (50MW x 3) Grid Connected Floating Solar Power Projects to be installed at Rihand Dam (also known as Govind Ballabh Pant Sagar Reservoir), Sonbhadra District, Uttar Pradesh”. The pre-bid meeting for the subject tender has […]

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Punjab Policy on Net Metering for Grid Interactive Roof-Top Solar PV Power Plants

Scope and Application:- (1) This Policy shall apply to the distribution licensee and consumers of distribution licensee of the State of Punjab. (2) The eligible consumer may install the rooftop solar system under net metering arrangement which; (a) shall be within the permissible rated capacity as defined under this Policy. (b) shall be located in […]

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Azure Power Gets LoI to Electrify HAL

The project will be developed by the company within HAL estate area of approx 30 acres. Indian solar power producer Azure Power has received a letter of intent for a 6 MW solar project won an auction conducted by Odisha Renewable Energy Development Agency (OREDA) for Hindustan Aeronautics Ltd (HAL). The capacity won is 100 […]

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Mytrah Energy to Set 300MW Wind Project to Power SECI

Mytrah Energy’s winning bid for 300MW of capacity was part of the fourth tranche of SECI ISTS wind reverse auctions in which a total of eleven companies had participated. Adding weight to its portfolio, Mytrah Energy has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for setting up a 300 MW […]

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