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Power Purchase Agreement

Origin Energy inks deal with Moree Solar Farm to buy solar power output

Origin Energy has signed an agreement to purchase electricity for 15 years from Moree solar farm in New South Wales. Origin Energy is touting the 15-year power purchase agreement (ppa) as a “landmark”. It is the first agreement that company has struck with a large scale solar facility. Under the agreement the utility will purchase […]

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Madhya Pradesh to Provide Cheapest Solar Power till Date

Madhya Pradesh (MP) has largely identified as one of the most solar friendly states with major investors and providers have already bid on these states. With abundance of solar proficiency, MP is aiming to yield the cheapest solar power in world. The benefits are projected to come after the completion of the World’s Biggest Solar […]

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ReNew Power inks PPAs for 286 MW Solar Project in Telangana

The Indian solar and wind energy major, ReNew Power Ventures signs a Purchase Power Agreements (PPAs) for four solar ground mounted projects with combined capacity of 286 MW in Telangana. Winning the highest bid for 2000 MW solar projects in the state, the company has well-stable to be the largest solar energy company in Telangana […]

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Dairyland, Xcel Energy agrees to purchase electricity from multiple new solar facilities in Wisconsin

Last week on Wednesday two Wisconsin services announced projects that will roughly double the state’s solar energy generation capacity. Dairyland Power Cooperative has entered into agreement to purchase electricity from 12 new solar arrays with a combined capacity of almost 19 megawatts, while Xcel Energy will be purchasing up to 3 megawatts of electricity from […]

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Solar Power Tariffs to witness Legitimate Fall – Study

Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […]

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Indian Govt to Dispatch an Incentives Scheme for Solar Power Plants

The Indian Govt. is working on incentives scheme for solar power projects, generating capacity of 3,000MW or above. The authority has reported that incentives scheme is like to assign in the forthcoming Fiscal Year 2016-2017. ‘An interministerial committee led by the Department of Industrial Policy and Promotion (DIPP) Secy will secure the report very soon, […]

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BluPine Commissions Its First 120 MW Solar Project In Gujarat

Renewable energy project developer BluPine Energy today announced the successful commissioning of its 120 MW solar project in Gujarat. This project includes a 70 MW solar plant at Radhanpur and a 50 MW solar plant at Nenava, both located in the northern part of the state. The project achieved financial closure under the GUVNL 16 […]

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Maharashtra Launches Solarization of Lift Irrigation

The Government of Maharashtra (GoM) has undertaken the process of solarization of Lift Irrigation Schemes that supports the agricultural regions. These regions could not be promoted through the traditional irrigation system because of geographical constraints. Furthermore, the problem of forest clearance does not permit the implementation of the traditional methods of irrigation in some region. […]

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