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Power Purchase Agreement

SGEL Bags 18 MW Solar Project for Bhakra Beas Management Board

A wholly owned subsidiary of SJVN, SJVN Green Energy Limited (SGEL) has entered into a power purchase agreement (PPA) with Bhakra Beas Management Board (BBMB). The PPA will pave the path for SGEL to develop an 18 MW solar project for BBMB. The project is scheduled for commissioning in August next year. In the first […]

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Shell Secures 600 MW Solar Project in Germany

Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real estate and infrastructure assets across Europe. Microsoft has already secured […]

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CERC Grants No Relief To ACME Over GNA Transition Payment

The Central Electricity Regulatory Commission (CERC), in its latest order has refrained from giving ACME Solar Holdings Private Limited (ASHPL) any relief from the payment of bank guarantee. The payment was mandated due to its transition to General Network Access (GNA) as per the newly introduced CERC (Connectivity and General Network Access to the Inter-State Transmission System) […]

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Sri Lanka’s Renewable Energy Firm WindForce Signs PPA for 10 MW Solar Project

A dominant player in the renewable energy sector of Sri Lanka, WindForce PLC, has entered into a Power Purchase Agreement (PPA) to develop a 10 MW Kebithigollewa Solar Power Project. The PPA signing ceremony witnessed the presence of N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce PLC, and […]

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TPREL, Juniper Green Emerge as Successful Bidders in 225 MW Renewable Hybrid Auction

Tata Power Renewable Energy Limited (TPREL) and Juniper Green Energy have emerged as winners in Tata Power’s auction. The tender was issued for the development and procurement of 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects. It also entails a greenshoe option of 225 MW on a long-term basis. Juniper Green Energy […]

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TPREL & Tata Motors Join Hands for 12 MW Solar Project

Tata Power and Tata Motors Limited and Tata Power Renewable Energy Limited (TPREL) have joined hands via a power purchase agreement (PPA) for the development of a new 12 MWp on-site solar project. The plant will be established at the commercial vehicle manufacturing facility of Tata Motors Limited in Pune. TPREL is a firm that […]

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Voltalia Achieves Full Commissioning of Solar Cluster of 50.6 MW Capacity

Renewable energy player, Voltalia, has successfully commissioned Garrido, the Portuguese cluster that entails five solar plants boasting 50.6 MW cumulatively. Construction for these projects began back in September 2021, advancing towards full capacity since March 2023. Power generation first kicked off at Vale Serrão (2.4 MW), Pinhal Novo (11.8 MW), and Alcochete (23.8 MW). The […]

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JDVVNL Invites Bids for 66 MW Solar Projects under KUSUM Program

Jodhpur Vidyut Vitran Nigam Limited has issued a tender for the installation and commissioning of 26 grid-connected solar projects which boast a cumulative capacity of 66 MW under Component C of PM-KUSUM program for feeder level solarization. The projects are to be established in four sub-divisions of Pali Circle in Jodhpur. These are to be […]

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US Energy Firm Origis Energy Raises $750 Million For Solar, Storage Plans

Origis Energy, one of America’s leading renewable energy platforms, announced on Aug 16 that it has closed a $750 million construction warehouse funding facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years. The move follows the announcement of […]

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