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ACWA Power Signs 20-Year PPA for 250 MW Solar Projects in Ethiopia

ACWA Power has signed two PPA with Ethiopia state-owned electricity producer EEP for two 125 MW solar projects at USD 2.526 cents/kWh over 20 years ACWA Power, international developer and operator of power generation and water desalination projects, has announced that it has signed two long-term power purchase agreements (PPA) with Ethiopia state-owned electricity producer […]

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Vector Green In The Big League With Rattan India’s Renewables Acquisition

Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […]

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EOI for 5 MW Solar Plant Issued by Dept of Defence Production

The Department of Defence Production has issued an EOI for commissioning of 5 MW grid-connected solar plant at the Varagaon Ordnance Factory in Maharashtra. The Ordnance Factory Board under the Department of Defence Production has issued an Expression of Interest (EOI) for the commissioning of a 5 MW grid-connected solar power plant at the Varagaon […]

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Corporate Renewable PPAs in India to Drop by a Third in 2019: Report

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 […]

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Vikram Solar Modules Used for 300 Solar Pumps Across West Bengal and Odisha

Vikram Solar has announced the installation of over 300 solar water pump projects in West Bengal and Odisha using the company’s solar modules. Vikram Solar, one of India’s leading module manufacturers and a prominent EPC and rooftop solar solutions provider, has announced the installation of over 300 solar water pump projects in West Bengal and […]

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Chattisgarh Issues Tariff Regulations for Renewable Energy Projects

CSERC has issued the regulations for determining tariff for renewable energy sources for the purpose of sale of power to Discoms in Chattisgarh The Chattisgarh State Electricity Regulatory Commission (CSERC) has issued the regulations specifying the terms and conditions of tariff for renewable energy sources for the purpose of sale of power to Discoms in […]

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TERI Tenders for Battery Energy Storage Systems in Delhi

TERI has issued a tender for the commissioning of Battery Energy Storage Systems on turnkey basis under the UI-ASSIST initiative with BRPL in Delhi The Energy and Resources Institute (TERI) has issued a tender for the commissioning of Battery Energy Storage Systems (BESS) on turnkey basis under the UI-ASSIST initiative with the BSES Rajdhani (BRPL) […]

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Economic Slowdown Affects Solar Installations in India

The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […]

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Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy

Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […]

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