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Power Purchase Agreement

Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil

Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […]

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Renew Power and Hareon Solar Commissions 172MW solar power plant in Dichipally, Telangana

This project is the largest joint-venture project between Hareon Solar and ReNew Power and was commissioned ahead of schedule. Hareon Solar and ReNew Power Ventures Pvt. Ltd. has announced the commissioning of their 172 MW (143 MWAC) solar project in Dichipally, Telangana, India. The 172 MW solar power plant spreads over approximately 1100 acres of […]

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Adobe Bengaluru Campus fulfills 100% of its Power Demand Through Renewable Energy, Signs 2.5 MW Grid-Scale PPA with CleanMax Solar

Adobe has signed a 2.5 MW grid-scale solar power purchase agreement (PPA) with CleanMax Solar to operate off-site solar farms located in the Tumkur and Bellary districts of Karnataka. Adobe India today announced that its Bengaluru campus has become among the first in the state of Karnataka to meet 100 percent of its power consumption […]

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State distribution companies (discoms) are biggest obstacle on open access for solar power

Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […]

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Canadian Solar Acquires an 80.6 MWp of Solar Power Project in Brazil

Once connected to the grid, the solar power plant will generate approximately 143,664 MWh of electricity per year, which will be sold to CCEE (Electrical Energy Commercialization Chamber). Construction will start in early 2018 and reach commercial operation in Q4 2018. Canadian Solar has announced an acquisition of an 80.6 MWp solar photovoltaic (PV) project […]

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MNRE Drafts New Guidelines on Solar Power Procurement

Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […]

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SolarReserve Signs Agreement with South Australian Government for 150MW Solar Thermal Project with Energy Storage

The first of its kind in Australia, the Aurora Solar Energy Project will utilize SolarReserve’s leading solar thermal technology with integrated molten salt energy storage. SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 megawatt solar thermal power station with 8 hours of energy storage near the town of Port Augusta, […]

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Alterra Power announces closing of $19.9 million construction loan facility for 11 MW Spartan solar project

Alterra expects the Spartan project  to achieve commercial operations in December 2017 Alterra Power Corp. has announced the closing of a $19.9 million construction loan facility for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan. The loan facility is supplied by 1st Source […]

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