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Power Purchase Agreement

Atlas Renewable Energy To Develop 200 MW Installed Capacity Chilean BESS

Atlas Renewable Energy has announced signing a power purchase agreement (PPA) for the use of a battery energy storage system with the Chilean company COPEC, through its energy commercializer EMOAC for 15 years. According to Atlas Renewable Energy, BESS del Desierto will be one of the largest energy storage projects in Chile and Latin America, […]

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Amazon, East Anglia Three Offshore Wind Farm Sign PPA For 159 MW RE

Amazon recently agreed to procure 159MW from East Anglia Three, developed by Iberdrola, when the site becomes operational. An American multinational technology company collaborated with Iberdrola, which claims to be one of the world’s largest clean energy companies. Amazon expanded its long-term global clean power partnership by signing a renewable energy power purchase agreement (PPA) […]

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Mahindra Susten Secures 300 MW Solar Project From NTPC With Lowest Bid

NTPC Limited has declared Mahindra Susten Private Limited one of the winners for its 1500 MW solar tender. Owing to the lowest bid it quoted in the tender, the renewable energy firm was given a share of 300 MW of solar projects. The company is an Independent Power Producer (IPP).  This award comes after a […]

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SECI Invites Bids For 1200 MW ISTS Solar Projects With 600 MWh ESS

Solar Energy Corporation of India (SECI) recently released an e-tender inviting bids for a 1200 MW ISTS-connected solar PV power project of 600 MW/1200 MWh Energy Storage Systems (ESS). SECI issued the tender under the Ministry of Power (MoP) guidelines for a tariff-based competitive bidding process. The tender was issued for, long-term procurement of electricity from grid-connected Solar PV power […]

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KPI Bags 100MW Solar Project From Tender Issued By MAHAGENCO

Gujarat based solar company KPI green bagged 100MWAC solar power project under tender issued by Maharashtra state power generation company (MAHAGENCO). The company developed the project as per the terms and conditions mentioned in the tender document issued by MAHAGENCO. KPI received the letter of intent (LoI) for an aggregate order of 100 MWAC solar power […]

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Delhi Solar Policy Interlinks DISCOMs, Consumers, Reduces Upfront Cost

Department of Power under the Delhi government recently released the Delhi Solar Policy. Under this new policy, the government introduced a hybrid RESCO model. This model establishes a tripartite link among DISCOMs, consumers, and RESCO developers through a Power Purchase Agreement (PPA). The revised model can facilitate solar panel installation on consumer rooftops without upfront […]

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BluPine Energy Gets Rs 12.6 Billion Loan For Gujarat Wind Project

Gurugram-based BluPine Energy has received funding worth Rs 12.6 billion for its 198 MW wind project situated in Gujarat. According to a company statement, the firm won the bid for the project from Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects. Further, BluPine Energy also stated […]

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SGEL Gets LoI From GUVNL For 500 MW GIPCL Solar Park In Khavda

SJVN Green Energy Limited (SGEL) a renewable arm of SJVN received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 500 MW Solar Project. This project is part of GUVNL Phase-XXI. Geeta Kapur, Chairman/Managing Director, of SJVN, SJVN Green Energy Limited (SGEL) earlier bagged the 500 MW (100 MW + […]

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Equinor Commissions 531 MW Brazil Solar Farm

A Norway-based international energy company Equinor has commenced the operation of the 531 MW Mendubim solar plant in Brazil. This has marked a 30% increase in Equinor’s equity power production in Brazil. Mendubim will annually produce 1.2 TWh of power. Around 60% of the power will be sold on a 20-year USD-denominated power purchase agreement […]

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