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Saudi’s ACWA Power in PPA with South Africa for Dispatchable RE Project of 150 MW

Saudi-based clean energy firm ACWA Power, has entered into a Power Purchase Agreement (PPA) for a project known as, ‘ACWA Power Project DAO’ to be established in South Africa. The initiative is for a dispatchable renewable hybrid plant of 150 MW capacity. The signatories of the agreements included Gwede Mantashe, Minister of Mineral Resources and […]

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EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report

A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […]

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SJVN Green Energy Ltd Signs PPA with SECI for 200 MW Wind Project

SJVN Green Energy Limited (SGEL) has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 200 MW wind project connected to the grid. SGEL had participated in the tariff based competitive bidding process conducted by SECI for selection of wind power developers for setting up 1,200 MW grid connected […]

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EU PPA Market Shines with 7.8 GW of New RE Contracts To Date

RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […]

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Omega Seiki Mobility Partners with Honda Power Pack Energy India for Swappable Batteries

Mobility solutions provider Omega Seiki Mobility Private Limited has joined hands with Honda Power Pack Energy India Private Limited for swappable battery technology. Honda Power Pack Energy is an arm of Honda Motor Co., Ltd. Under the partnership, Honda Power Pack Energy will be responsible for supplying Omega Seiki Mobility with swappable batteries. A network […]

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Reliance Announces Battery Plans With Launch of Swappable Batteries

The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […]

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Cleantech Solar Reaches Commercial Operation for Maiden VPPA

Cleantech Solar, a firm the provides renewable energy solutions to corporations in India and Southeast Asia, has revealed that the commercial operation of its maiden Virtual Power Purchase Agreement (VPPA) has begun. This is among the first VPPA plants to be operational in India. The power generated from the operating solar power plant in India, […]

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Sri Lanka’s Renewable Energy Firm WindForce Signs PPA for 10 MW Solar Project

A dominant player in the renewable energy sector of Sri Lanka, WindForce PLC, has entered into a Power Purchase Agreement (PPA) to develop a 10 MW Kebithigollewa Solar Power Project. The PPA signing ceremony witnessed the presence of N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce PLC, and […]

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