BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
North America Witnesses Rise in 2023 Solar PPA Prices, Europe Registers Downfall: Report Updated On Thu, Feb 8th, 2024 by Saurenergy LevelTen, an analyst in the energy market sector, has noted that prices of Power Purchase Agreements (PPAs) in North America have risen over the course of time while that in Europe has decreased with time. The analyst, LevelTen also added in its report that the increase in price across North America has varied as per […] Read more
European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark Updated On Mon, Feb 5th, 2024 by Saurenergy A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months. Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […] Read more
Pexapark’s European Market Outlook 2024-More Utility, Hybrid PPAs In Offing Updated On Wed, Jan 31st, 2024 by Saurenergy Switzerland-based Pexapark, a specialist provider of Power Purchase Agreement (PPA) price reference, risk and portfolio management software and advisory services for renewable energy, has some interesting predictions for 2024, when it comes to Europe. In its latest European Market Outlook 2024 Report, the Pexapark predicts that Germany will be back on top in 2024 with […] Read more
Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden Updated On Tue, Jan 30th, 2024 by Saurenergy Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […] Read more
European Energy Signs PPA With Australian firm Rio Tinto For 1.3 GWp Solar Farm Updated On Wed, Jan 24th, 2024 by Saurenergy A Power Purchase Agreement (PPA) has been signed between the renewable energy company European Energy and Australia-based mining company Rio Tinto. The agreement aims to supply all the energy from the upcoming solar farm Upper Calliope Solar Farm to Rio Tinto. The agreement between European Energy and Rio Tinto is touted as the biggest solar […] Read more
Bloomberg, Ørsted Announce 15-Year PPA For Renewable Energy Updated On Fri, Jan 19th, 2024 by Saurenergy United States (US)-based clean energy developer Ørsted announced signing an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas. This is Ørsted’s largest solar project in the US, as well as the company’s first project to incorporate conservation […] Read more
First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility Updated On Thu, Jan 4th, 2024 by Saurenergy First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […] Read more
Adani Green Concludes PPA For Entire 8GW Manufacturing-Linked SECI Tender Updated On Mon, Dec 25th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […] Read more