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Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […]

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Scatec Solar Bags 3 Solar Projects Worth 360 MW in Tunisia

Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched earlier. Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched by the Tunisian Ministry of Industry and SMEs earlier this year. “We […]

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CERC Approves Rs 2.77/kWh Tariff for 1200 MW Wind Projects

CERC has given its go-ahead for the 1200 MW wind projects tendered by SECI and approved the tariff rate of Rs 2.77 per kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification has given its go-ahead for the 1200 MW wind projects tendered by the Solar Energy Corporation of India (SECI) and approved […]

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UP Commission Approves 200 MW Solar PSA Between SECI and UPPCL

UPERC has approved the PSA signed between UPPCL and SECI for sourcing 200 MW of solar power at a tariff of Rs 2.89/kWh for 25 years. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has in its latest notification informed that after careful deliberations it has approved the Power Sale Agreement (PSA) signed between the Uttar […]

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Co-Located Solar Plus Storage Expected to Dramatically Increase: Study

In conjunction with the Nevada Commission’s approval of the solar plus storage proposal, a new study examines the market for solar-plus-storage resources. In a regulatory order issued on December 4, 2019, the Public Utilities Commission of Nevada approved three “solar-plus-storage” purchase power agreements (PPAs), including one that will be the world’s largest battery project with a capacity of 380 MW/1,416 […]

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Geronimo Energy Begins Operation on 200 MW South Dakota Wind Farm

Geronimo Energy has announced the start of the commercial operations for its Crocker Wind Farm, a 200 MW wind energy project located in South Dakota. Geronimo Energy, a wholly-owned subsidiary of National Grid Plc, has announced the start of the commercial operations for its Crocker Wind Farm, a 200 megawatt (MW) wind energy project located […]

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Is Corporate India Ready for Renewable Power Consumption?

A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […]

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Statkraft Signs PPA With Enerparc for 5 Subsidy-Free Solar Projects

Enerparc and Statkraft have signed a 12-year PPA for power generated from five subsidy-free solar projects with an installed capacity of 52 MW in Bavaria Enerparc, a specialist in the development, construction and operation of large-scale solar power plants, and Statkraft, Europe’s largest producer of renewable energy and leading PPA provider, have signed a 12-year […]

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EDF Renewables and Shell Sign PPA for 132 MW Solar Power

EDF Renewables and Shell Energy have signed a 15-year PPA related to a 132 MW tranche of the Palen Solar site known as Maverick 7 Solar Project. EDF Renewables North America and Shell Energy North America have announced the signing of a 15-year Power Purchase Agreement (PPA) related to a 132 megawatt (MWac) tranche of […]

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