Gujarat Industries Power Company bags 2 x 40 MW PPA with SECI Updated On Mon, Aug 8th, 2016 by Saurenergy Gujarat Industries Power Company (GIPCL) has signed a power purchase agreements (PPAs) with Solar Energy Corporation of India for solar power projects in Gujarat. GIPCL has entered into PPA with SECI for 2 x 40 megawatts Solar Power Projects in Gujarat Solar Park, Village Charanka, District Patan, under National Solar Mission (NSM) Phase-II, Batch IV. […] Read more
Azure Power installs 10MW rooftop solar PV project in Mohali, Punjab Updated On Thu, Jul 28th, 2016 by Saurenergy Azure Power has installed a 10MW rooftop solar PV project in Mohali, Punjab. The 10 MW solar rooftop project is spread across eight locations in the state. Power produced by the solar plant will be sold to Punjab State Power Corporation Limited under 25-year power purchase agreement (PPA) at a tariff of Rs. 7.59/kWh. The […] Read more
Canadian firm Nova Scotia Power Development Limited procures 80 MW solar project in Nigeria Updated On Fri, Jul 22nd, 2016 by Saurenergy Earlier, it was Indian EPC Sterling and Wilson who bagged 250 MW Solar Project in Nigeria; now the Canadian energy company Nova Scotia Power Development Limited (NSPDL) has collaborated with CDIL, another Canadian renewable energy company with projects focused in Africa, to develop an 80MW ground-mount solar project in Nigeria. Nova Scotia Power Development Limited […] Read more
Alterra Power acquires 20 MW solar portfolio from Inovateus Solar Updated On Thu, Jul 21st, 2016 by Saurenergy Alterra Power enters into an agreement with Inovateus Solar to acquire an 80% ownership interest in a two-project 20 MWDC portfolio of solar farms in the Midwestern United States. Both the solar projects are contracted under long-term, investment-grade power purchase agreements. Alterra is actively developing and arranging finance for its first project, a 7 MWDC […] Read more
Canadian Solar sells solar power projects to Create Technology & Science in China Updated On Thu, Jul 7th, 2016 by Saurenergy Canadian Solar announced that its wholly-owned subsidiary, CSI Solar Power (China) Inc. has entered into a project sale agreement, pursuant to which, Create Technology & Science has agreed to purchase Canadian Solar’s operating solar power projects in Funing County, Jiangsu Province, China for approximately USD 32.8 million). The project sale agreement will become effective after […] Read more
SECI signs PPA with Five utilities in Karnataka for 1GW solar power project, issues NIT for 5MW project in Telangana Updated On Fri, Jul 1st, 2016 by Saurenergy Five utilities Karnataka have signed power purchase agreements (PPA) with Solar Energy Corporation of India (SECI) for 1GW of solar power project. According to recent reports Karnataka is facing one of the worst power crises in the last two decades. Solar Energy Corporation of India has also issued a notice of interest (NIT) for Design, […] Read more
ReNew Power signs PPA with DMRC for 6 MW solar rooftop project Updated On Wed, Jun 22nd, 2016 by Saurenergy ReNew Power has signed PPA with Delhi Metro Rail Corporation (DMRC) for 6MW solar rooftop project across various metro stations in New Delhi. The Power Purchase Agreement has been signed for a term of 25 years. The major lines allocated under this PPA are Dwarka Sector 21 to Rajiv Chowk; Badarpur to Central Secretariat and […] Read more
Tata Power Renewable Energy Limited bags 30MW solar project in Maharashtra Updated On Wed, Jun 22nd, 2016 by Saurenergy Tata Power has announced that its 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has bagged 30 MW grid connected photovoltaic project of in Maharashtra. The projects have been awarded in the DCR category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-IlI Tranche-l under ‘State Specific Bundling Scheme’. TPREL will sign a 25 […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
