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Power Purchase Agreement

Finolex, Hinduja Sign PPA For 8.36 MW Power For 25 Years

Finolex Industries Limited (FIL) a PVC pipes manufacturing company in India entered into a share purchase agreement for 8.36 MW renewable energy with Mumbai-based Hinduja Renewables (HREPL) and Hinduja Renewables Energy Private Limited (HROPL). This agreement was undertaken between power project developers engaged in the development, construction, operation, and maintenance of renewable energy-based power plants […]

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Jakson Green Signs Its First Renewable Power Pact With SECI

Jakson Green, a new energy transition company signed its first Power Purchase Agreement (PPA) with SECI for a utility-scale solar photovoltaic power project.  The PPA originated from SECI’s Tranche XI auction for setting up a grid-connected solar project in India conducted last year. Jakson will be responsible for identifying suitable land, installing the project, and acquiring […]

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European Fast-Charging Firm Fastned Signs PPA With GLP For Solar Power

European fast-charging company, Fastned announced it has concluded its first multi-year Corporate Power Purchase Agreement (CPPA) in the Netherlands with GLP, a renewable energy firm, and related technologies, with Ecorus and Scholt Energy. According to the press release by the company, Fastned will purchase power generated by the solar panels on the roof of GLP’s […]

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SJVN Commissions 100 MW Raghanesda Solar Power Station In Gujarat

Satluj Jal Vidyut Nigam (SJVN Limited) has commissioned its 100 MW Raghanesda Solar Power Station located in the district of Banaskatha in Gujarat. The project is expected to generate 252 million units of energy in the first year while the cumulative energy generation over 25 years is estimated to be 5,805 million units. Under a […]

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SJVN Commissions 50 MW Gujrai Solar Power Station In Uttar Pradesh

Satluj Jal Vidyut Nigam (SJVN) Limited announced the commencement of successful commercial operation of its 50 MW Gujrai Solar Power Station in Kanpur Dehat, Uttar Pradesh today. With this milestone, the total installed power capacity of SJVN stands at 2,277 MW, with ten power stations currently operational. The 50 MW Gujrai Solar Power Station has […]

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Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA

Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […]

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BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy

BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power.  The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […]

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Vattenfall Inks Deal With Evonik To Supply Solar Power For Chemical Production in Germany

Germany-based energy supplier company Vattenfall has signed a PPA with specialty chemicals company Evonik that concluded new long-term electricity supply contracts. From 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of ten years and fixed […]

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NLC India Begins Construction Of 300 MW Solar Power Project In Rajasthan

NLC India Limited, a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, recently began constructing a 300 MW solar power project at Barsingsar in the Bikaner district of Rajasthan. This project forms part of the Ministry of New & Renewable Energy’s Central Public Sector Enterprise (CPSE) Scheme. This project aims to ensure […]

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