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Sprng Energy Finally Gets Exit From 100 MW Wind Project At CERC

Sprng Wind Energy Private Limited, has finally received confirmation for termination of the power purchase agreement (PPA) signed with the Solar Energy Corporation of India (SECI). The project in question was a 100 mega-watt (MW) wind project planned in Dhar, Madhya Pradesh. While delays in the signing of the PPA, and subsequently, the covid pandemic […]

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Canadian Solar Mulls Solar & Battery Storage Manufacturing Expansion in China

Global solar manufacturer Canadian Solar Inc. has announced that a wholly-owned subsidiary of its majority-owned subsidiary CSI Solar has entered into a multi-year investment agreement with the municipal government of Yangzhou City in Jiangsu Province, China. Under the agreement, Canadian Solar will add vertically integrated high efficiency wafer, cell, and module capacity in Yangzhou’s clean […]

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Sprng Energy With Rs 2.51 Bid Leads Winners List in GUVNL 500 MW Solar Auction

Sprng Energy (200 MW), ib Vogt Singapore (130 MW), Hinduja Renewables (120 MW) and Blupine (Solarcraft Power India)  (50 MW) have walked away with the allotments to develop solar power for GUVNL. While Sprng bid at Rs 2.51/unit, the remaining three winners bid at Rs 2.52 per unit. The tender, released in October last year, […]

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Thomas Lloyd Acquires Investor Shares in Solar Developer SolarArise

Delhi-based SolarArise and Investment Fund Thomas Lloyd have announced the completion of acquisition of its investors shares by ThomasLloyd Energy Impact Trust (TLEI), an investment trust listed on the London Stock Exchange (LSE). The deal makes SolarArise an Indian utility scale solar company with its assets listed as a part of a trust on the […]

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Qcells To Supply 2.5 GW Of Solar Panels To Microsoft

South Korean solar conglomerate Qcells and software giant Microsoft Corp have announced that they are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 GW of solar panels and related services. This capacity is equivalent to power more than 400,000 homes. Microsoft aims at becoming carbon […]

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RWE, PPC To Develop Five Solar Power Projects In Greece

Global energy players – RWE and PPC – have announced that they have taken the final investment decision for five photovoltaic projects in Greece through their joint venture company Meton Energy S.A. to help accelerate the Greek energy transition. In Meton Energy, RWE Renewables hold 51% stake while PPC Renewables has 49%. Thodoros Skylakakis, Greek […]

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JVVNL Issues Tender For 31 MW Solar Projects Under PM-KUSUM

The Jodhpur Vidyut Vitran Nigam (JVVNL) has called for bids to develop 31.02 MW grid-connected solar projects under ‘Component C’ of the PM-KUSUM meant for the solarization of power grids. The last date for bidders to submit the bids is February 20, 2023. The bid opening date is February 22. As per JVVNL, 13 solar […]

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Pexapark and AFRY launch Daily Valuation Curve For Renewable Projects

Switzerland based Pexapark has joined Sweden based AFRY management consulting to formally launch the ‘Daily Valuation Curve’, a new pricing data offering that will give investors and lenders greater certainty over the lifetime value of renewable energy projects. Announced in Q4 2022, the Daily Valuation Curve seamlessly combines Pexapark’s market-based price approach, used by 150+ […]

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KPI Green Energy Commissions 25 MW Solar Project for Greenlab Diamonds

Surat-headquartered KPI Green Energy has announced that it has commissioned a 25 MW solar power project for Greenlab Diamonds in Surat. It held that the new solar power project is part of its captive power producer (CPP) segment. KPI Green Energy has shared this information with stock exchanges. In a different stock exchange filing, KPI […]

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