Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
IBC SOLAR signs PPA with SECI for a 20 MW AC solar power plant in Odisha Updated On Mon, Aug 21st, 2017 by Saurenergy The project is part of 270 MW AC PV tender in the state of Odisha and was assigned to IBC SOLAR through a competitive bidding process during 2016. The PV system is planned to be put into operation by late 2017. IBC SOLAR AG has signed a Power Purchase Agreement (PPA) for a 20 MW […] Read more
Amplus Energy inks PPA deal with Honda Motorcycle and Scooter India for 30MW solar energy Updated On Fri, Aug 11th, 2017 by Saurenergy Honda Motorcycles will meet 85 per cent of plant’s energy needs through solar power supplied by Amplus Energy. Amplus Energy Solutions on Thursday announced that it has inked a Power Purchase Agreement (PPA) deal with Honda Motorcycle and Scooter India to provide 30MW solar energy. The solar power will be provided to Honda’s Narsapura Karnataka […] Read more
PPAs signed for first Wind Auction totalling 1050 MW Updated On Fri, Jul 21st, 2017 by Saurenergy Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme here today. The PPAs were signed between PTC India […] Read more
EnSync Energy Signs PPA to Provide Electricity to Residential Development in Hawaii Updated On Fri, May 12th, 2017 by Saurenergy EnSync Energy has signed 20 years PPA solar electricity project for the Kalaeloa Makai Residential Development in Hawaii. EnSync Energy, a leading developer of innovative distributed energy resource (DER) systems and internet of energy (IOE) control platforms for the utility, commercial, industrial and multi-tenant building markets has announced the signing of a power purchase agreement […] Read more
Jharkhand Yet to Sign PPAs for 1.1 GW of Solar Updated On Thu, Apr 27th, 2017 by Saurenergy The differences on the quoted tariff have halted the signing of the PPA for 1.1 GW solar power project between the state distribution company (DISCOM) and developers in Jharkhand. In Jharkhand, power purchase agreements (PPAs) for 1.1 GW of solar projects that were auctioned in March of 2016 (LoIs signed May 2016) are yet to […] Read more
DMRC Signs PPA with Madhya Pradesh for Sourcing Electricity from Rewa Solar Power Plant Updated On Tue, Apr 18th, 2017 by Saurenergy Delhi Metro Rail Corporation has inked a pact with Delhi Metro Rail Corporation for 24 percent electricity from Rewa ultra mega solar power project. Madhya Pradesh government will sign a power purchase agreement (PPA) with the Delhi Metro Rail Corporation (DMRC) on April 17 to supply 24 per cent of electricity generated from the Rewa […] Read more
Neoen Signs PPA for 54MW Solar Power Project in Zambia Updated On Wed, Mar 15th, 2017 by Saurenergy The 54 MW PPA has won by a consortium of Neoen and First Solar for the development of solar power project in Zambia. French solar power developer Neoen has announced that it has signed off on a power purchase agreement (PPA) for a 54MW solar PV project in Zambia. Neoen signed off on the PPA […] Read more
Canadian Solar Signs PPAs with SECI to Develop 80 MWac Solar Power Projects in Maharashtra Updated On Tue, Mar 14th, 2017 by Saurenergy Canadian Solar was awarded these solar power projects under a 450 MWac solar capacity tender in the state of Maharashtra, through a competitive auction process. Canadian Solar has announced that it has secured Power Purchase Agreements for an aggregate 80 MWac of solar power projects with the Solar Energy Corporation of India (SECI). Canadian Solar […] Read more