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Power Purchase Agreement

First Solar wraps up 130 MW of solar power plants in Andhra Pradesh and Telangana

US-based solar power projects developer, First Solar’s local subsidiary- the First Solar Power India has announced the commercial operation of 80 MW and 50 MW solar power plants in Andhra Pradesh and Telangana. Both the plants are part of the 260 MW project portfolio owned by First Solar in India. Sujoy Ghosh, First Solar’s Country […]

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Canadian Solar Signs PPA For 63MWP Solar Power Plant in Aguascalientes, Mexico

Canadian Solar has announced that it has signed a Power Purchase Agreement (“PPA”) with the Federal Electricity Commission for the 63MWp solar power plant in Aguascalientes, Mexico. This solar power project was awarded in April 2016 under the Mexico’s First Long Term Electricity Auction. Electricity generated from the plant will be sold to the CFE […]

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Gujarat Industries Power Company bags 2 x 40 MW PPA with SECI

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. […]

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Azure Power installs 10MW rooftop solar PV project in Mohali, Punjab

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 […]

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Canadian firm Nova Scotia Power Development Limited procures 80 MW solar project in Nigeria

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 […]

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Alterra Power acquires 20 MW solar portfolio from Inovateus Solar

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 […]

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Canadian Solar sells solar power projects to Create Technology & Science in China

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 […]

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SECI signs PPA with Five utilities in Karnataka for 1GW solar power project, issues NIT for 5MW project in Telangana

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, […]

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ReNew Power signs PPA with DMRC for 6 MW solar rooftop project

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 […]

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