Maharashtra Discoms Turn Away From Costly PPAs to Energy Exchanges Updated On Mon, Apr 13th, 2020 by Saurenergy Discoms in Maharashtra are turning to energy exchanges to buy cheaper power to protect margins, eschewing PPAs that command much higher tariffs. With four-fifth of the economy shuttered for the third week, on account of COVID-19 control measures, pulling down power demand sharply, power utilities and Discoms in Maharashtra are turning to energy exchanges to […] Read more
Europe’s Cheapest Corporate Solar and Wind PPAs in Spain, Sweden: BNEF Updated On Mon, Apr 6th, 2020 by Saurenergy Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. The BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
EDF Renewables Inks 3 PPAs with Tesco to Provide Electricity from Solar, Wind Updated On Tue, Oct 29th, 2019 by Saurenergy As per the deal, EDF Group arm will provide an aggregate 60 MW of renewable energy to Tesco, comprising from seventeen roof-mounted solar installations along with two Scottish onshore wind farms. With an aim to provide renewable energy through solar and wind energy sources in the UK, EDF Renewables has entered into three corporate Power […] Read more
Sempra Energy Signs 2 PPAs for 150 MW Mexico Solar Project Updated On Fri, Sep 27th, 2019 by Saurenergy Sempra Energy’s Mexican subsidiary IEnova has signed two 15-year PPAs to supply energy from its new 150 MW solar facility located in Chihuahua, Mexico Sempra Energy has announced that its Mexican subsidiary, IEnova has signed two 15-year clean energy contracts (PPAs) with subsidiaries of Circle K18 and El Puerto de Liverpool. IEnova will supply energy for these contracts […] Read more
Honda Signs Renewable VPPAs to Power North American Business Updated On Wed, Sep 25th, 2019 by Saurenergy Honda has announced that it has agreed on two VPPAs to power its North American operations using wind and solar power. Automotive manufacturer, Honda has announced that it has agreed on two virtual power purchase agreements (VPPAs) to power a portion of its North American operations using wind and solar power. The VPPAs are for […] 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
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
