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Power Purchase Agreement

JSW Energy Signs PPAs for 1,325 MW of Renewable Energy Projects

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has made significant strides in its renewable energy expansion. The company has signed Power Purchase Agreements (“PPAs”) through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. This includes 1,025 MW with Solar Energy Corporation of India Limited […]

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Juniper, SECI Sign PPA For 150 MW Hybrid Project In Two States

Delhi-based Juniper Green Energy, a renewable energy power producer signed two Power Purchase Agreements (PPAs) with SECI for a 150 MW hybrid project in Gujarat and Rajasthan.     This wind-solar hybrid power project is to be developed under Hybrid Tranche VII in Gujarat and Rajasthan. This collaboration aims to generate approximately 477 million units (MUs) […]

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Only 10% Coal Plants To Be Decommissioned By 2030: Report

Only 10% of the world’s existing coal power capacity is slated for decommissioning by 2030. More coal decommissioning transactions can be closed in the next three to five years, according to a report by IEEFA. Governments, investors and philanthropic organisations should invest the effort to identify these opportunities. The decarbonisation of electricity in emerging market […]

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Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park

A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […]

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SECI Awards 1200 MW Hybrid Project With A Tariff Of Rs 3.43/Unit

The Solar Energy Corporation of India (SECI) has now awarded the contracts for its earlier issued tender for 1200 MW to six project developers. The proposed tender was meant to develop the wind-hybrid renewable projects in India for Inter-State Transmission System (ISTS). With the announcements of the results, SECI was able to get a tariff […]

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Astronergy to Supply 700MW of N-Type TOPCon PV Modules to Atlas Energy

The largest privately-owned independent power producer (IPP) of renewable energy in Latin America, Atlas Renewable Energy, and Astronergy have signed a collaboration framework deal. As part of this deal, 700MW of ASTRO N series products from Astronergy, a pioneer in n-type TOPCon PV modules, will be provided to Atlas for a range of solar projects […]

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Solarpack, SJVNL Sign PPA For 482 MW Ganeko Hybrid Project

Spain-based Solarpack was recently awarded a power purchase agreement (PPA) for 25 years with SJVNL to supply clean energy to the company from 2026. This PPA would also allow Solarpack to supply clean energy for the 482 MW Ganeko wind-solar hybrid project. The Ganeko project is located in Gujarat and consists of 383 MW of […]

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BluPine Energy and Dalmia Cements Ink Solar Project Deal

BluPine Energy has announced that it has signed a power purchase agreement (PPA) with Dalmia Cements Limited (Bharat) to set up a 46.8 MWp solar power project in Karnataka. Once completed, this project is expected to generate approximately 93 million units of electricity per year, effectively offsetting more than 85 thousand tons of carbon dioxide […]

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Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project

Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […]

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