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GERC Rules in Favour of Developer For Wheeling Charges on its Wind Project

Aarvee had filed a petition with the state commission against Torrent Power and the Gujarat Energy Transmission Corporation Ltd. (GETCL). The Gujarat Electricity Regulatory Commission (GERC) in a recent hearing and subsequent order has sided with Aarvee Denims and Exports Limited (Aarvee) in the matter of wheeling of power from its wind project. In its […]

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Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV

The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […]

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EVs, Batteries Can Drive Solar Rooftop Growth, Says Report

In order to boost the growth of renewable energy including solar rooftop, the dropping costs of electric vehicles (EVs) and batteries with equal grid market access can be helpful, says the report released by the Institute for Energy Economics and Financial Analysis (IEEFA). This ‘Electric Vehicles and Batteries Can Drive Growth of Residential Solar’ report […]

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ADB Agrees To Help Finance 100-MW Solar Project in Cambodia

The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […]

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EDF & Masdar Consortium Wins 800 MW Hybrid Solar Project in Morocco

EDF, Masdar and Green of Africa Consortium has won 800 MW hybrid solar project in Morocco. The Moroccan Agency for Solar Energy (MASEN) has announced – after a competitive international bidding process – that the consortium of EDF (through its subsidiary EDF Renewables), Abu Dhabi Future Energy Company – Masdar, and Green of Africa, Moroccan […]

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Microsoft Signs Purchase Agreement For 90 MW Wind Power with Eneco

Microsoft Corp. has announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022. This is Microsoft’s second purchase of wind […]

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JSERC Approves PPA For Procurement of 10 MW Solar Power

The state commission of Jharkhand has approved a PPA signed between JBVNL and SECI, subject to approval by the CERC. The Jharkhand State Electricity Regulatory Commission (JSERC) acting on a petition filed by the Jharkhand Bijli Vitran Nigam Limited (JBVNL) has approved the Power Purchase Agreement (PPA) for procurement of 10 MW solar power. JBVNL had […]

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