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Power Purchase Agreement

Atlas Renewable Energy Acquires Its First Solar Project In Colombia

Renewable Energy Company, Atlas Renewable Energy has announced that it acquired its first solar project in Colombia. The Shangri-La solar project, located in the Department of Tolima, will generate approximately 403.7 GWh per year and will supply clean energy through a power purchase agreement (PPA) that Atlas has entered into with a leading Colombian company […]

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Jakson Green Signs PPA With RUVNL For 100 MW Rajasthan Solar Plant

The Renewable Energy arm of Jakson Group, Jakson Green has announced that it signed its first Power Purchase Agreement (PPA) with Rajasthan Urja Vikas Nigam Limited (RUVNL) for a 100 MW solar photovoltaic (PV) plant in Rajasthan. The group won the bid through a competitive bidding process, securing the 100 MW project at a tariff […]

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CleanMax To Enhance Energy Resilience At Bengaluru International Airport

CleanMax Enviro Energy Solutions, a leading C&I Renewable Energy Company with projects across Asia and Bangalore International Airport Limited (BIAL) have signed a 25-year long-term PPA for the generation and supply of renewable energy from a 45.9 MW Solar-wind Captive Power Project under a SPV named – Clean Max BIAL Renewable Energy Private Limited. CleanMax […]

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SECI Invites RFS for 1200 MW ISTS Wind-Solar Hybrid Projects in India

The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the development of 1200 MW of Wind-Solar Hybrid Power Projects on a Build-On-Own basis. The projects have been launched under the tariff-based competitive bidding under Tranche-8 of SECI. A single-stage, two-envelope bidding procedure will be adopted and will proceed as […]

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GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL

Gujarat Electricity Regulation Commission (GERC) recently approved the power usage agreement signed by Gujarat Urja Vikas Nigam Limited (GUVNL) with Solar Energy Corporation of India Limited (SECIL). The agreement was undertaken for procurement of 700 MW power from their solar PV power plant that is to be set up under Ministry of New and Renewable […]

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Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023

Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […]

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Singapore-based Sembcorp Industries Acquires 228 MW Wind Assets In India

Singapore-based renewable energy company Sembcorp Industries (Sembcorp) has announced that it has, through its wholly-owned subsidiary Green Infra Wind Energy Limited completed the acquisition of 100% of the share capital in two special purpose vehicles (SPVs) of Leap Green Energy Private Limited. The SPVs own 228MW of operational wind assets in Madhya Pradesh, Maharashtra, and […]

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Avangrid, Amazon Partner For 98.4 MW Wind Project In Oregon

Avangrid, a sustainable energy company and member of the Iberdrola Group, recently announced the signing of a new power purchase agreement (PPA) with Amazon to source renewable energy from an Avangrid wind farm located in Gilliam County, Oregon. The Amazon Wind Farm Oregon – Leaning Juniper IIA will have a capacity of 98.4 MW. “We […]

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NREL, JSW, Solarcraft Emerged Winners For SJVN’s 1500 MW Solar Tender

NTPC Renewable Energy Limited (NREL), JSW, Solarcraft, and some other solar power developers bagged recent orders from a 1500 MW solar power tender auctions undertaken by SJVN Limited. While Solarcraft Power India emerged as the bidder with the lower tariff of Rs 2.52/kWh, others that bagged the order included GRT Jewelers (India), Furies Solren, JSW […]

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