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Payment Security Mechanism for Power Purchase by DISCOMs Approved

RK Singh has approved the proposal to make it mandatory for discoms to open and maintain adequate LC as Payment Security Mechanism under PPAs RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved the proposal to make it mandatory for discoms to open and maintain adequate Letter of […]

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SECI Confirms Annulment of 3 GW Manufacturing Linked Solar Tender

SECI has announced the annulment of its tender for the selection of solar power developers for setting up of 3 GW manufacturing linked solar tender The Solar Energy Corporation of India (SECI) has announced the annulment of its tender for the selection of solar power developers for setting up of 3 GW ISTS-connected solar PV […]

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SECI Floats Tender For 1800 MW of Wind Power Projects (Tranche-VIII)

SECI has issued a tender for setting up of 1800 MW ISTS-Connected wind power projects under Tranche-VIII. The Solar Energy Corporation of India (SECI) has issued a tender for selection of wind power developers for setting up of 1800 MW ISTS-Connected wind power projects under Tranche-VIII. Wind Power Developers (WPD) selected by SECI based on […]

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Cleanmax Solar Investing Rs 600 Cr For 150 MW Haryana Solar Plant

Cleanmax Solar is setting up 150 MW of solar farm under its group captive model in Haryana with an investment of Rs 600 crore. Cleanmax Solar, one of the leading solar energy solution providers in the country, is setting up 150 MW of solar farm under its group captive model in Haryana with an investment of Rs 600 crore, […]

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Wind Energy Expansion in Vietnam, 1 GW Expected to be Installed by 2021

Vietnam has one of the highest potentials in the region for both onshore and offshore wind energy, with 1GW expected to be installed by 2021 The Global Wind Energy Council (GWEC) is hosting its annual Vietnam Wind Power Conference, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for […]

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Political Risk Spikes In Andhra As Jagan Government Questions PPA’s

The central government has been forced to move and publicly ‘advise’ the newly elected government in Andhra Pradesh, where the new Chief Minister, YS Jagan Mohan Reddy has voiced doubts on the PPA’s signed by his predecessor government of Chandrababu Naidu. The central missive follows the state government’s first moves, which included an order to […]

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2018 a Record Breaking Year For Wind Turbine Manufacturers in Africa: Report

2018 was a record-breaking year for wind turbine manufacturers in Africa, boosted by strong demand and supply in South Africa. 2018 was a record-breaking year for wind turbine manufacturers in Africa. The South African government signed long-pending PPAs in April 2018, which helped independent power producers (IPPs) to announce final investment decisions (FID), according to […]

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Canadian Solar Signs Solar PPA with Oil & Gas Major ‘Energy Transfer’

Canadian Solar has announced that its wholly-owned subsidiary Recurrent Energy has signed a PPA with oil and gas pipeline company, Energy Transfer. Canadian Solar, one of the world’s largest solar power companies, announced that its wholly owned subsidiary Recurrent Energy has signed a power purchase agreement (PPA) with Dallas-based oil and gas pipeline company, Energy Transfer. Representing the oil […]

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