Sprint and Duke Energy Sign VPPA for 173.3 MW Wind Power Updated On Thu, Sep 19th, 2019 by Saurenergy Sprint and Duke Energy Renewables have announced a 12-year VPPA for 173.3 MW of new wind energy sourced from the 182 MW Maryneal Wind power project in Texas American telecommunications company, Sprint and Duke Energy Renewables, a commercial business unit of Duke Energy, have announced a 12-year virtual power purchase agreement (VPPA) for 173.3 megawatts […] Read more
MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects Updated On Fri, Sep 13th, 2019 by Saurenergy MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […] Read more
Apparel Brand Gap Signs 90 MW VPPA With Enel Green Power Updated On Mon, Aug 12th, 2019 by Saurenergy Gap has signed a 90 MW VPPA for the Aurora Wind Project with Enel Green Power, marking one of the largest offsite RE contracts by an apparel retailer. Global apparel retailer Gap Inc. has announced that it has signed a 90 MW virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
EDPR Secures 2nd PPA for its Solar + Storage Project in California Updated On Thu, Aug 8th, 2019 by Saurenergy EDPR has agreed on a 20-year PPA with San José Clean Energy, to sell 100 MW of solar energy and 10 MW of energy storage from the Sonrisa Solar Park EDP Renováveis (EDP Renewables, EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that […] Read more
Setting up of Renewable Projects Without PPAs: NTPC Chairman Updated On Mon, Aug 5th, 2019 by Saurenergy NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […] Read more
WFEC, NextEra Sign PPA for Largest Combined Wind-Solar-Storage Project in US Updated On Mon, Jul 29th, 2019 by Saurenergy WFEC has entered into a PPA with NextEra Energy, for the largest combined wind, solar and energy storage project in the US. Western Farmers Electric Cooperative (WFEC) has announced that it has entered into a power purchase agreement (PPA) with a subsidiary of NextEra Energy Resources, for the largest combined wind, solar and energy storage […] Read more
Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
