power purchase agreement

Atlas Signs PPA with Enel for supply of 1.3 TWh/year of Wind Power

The USA-based Atlas Renewable Energy announced that it has signed a long term power purchase agreement (PPA) with Enel Generación Chile for 1.3 TWh/year with the development of its first wind power project. The portfolio’s three wind projects total 417 MW throughout Chile, helping accelerate its clean energy transition. Atlas Renewable Energy is part of […]

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Mauritius Invites Tenders for 140MW Solar Plus Storage

Island nation Mauritius’s Government is looking to expand its solar power capacity by 140MW. The Central Electricity Board (CEB) of Mauritius has issued two separate tenders for the development of 140MW of solar-plus-storage capacity. The authority has not specified the separate capacity of the storage systems in the two projects. In the first tender, the […]

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Nagaland Will Develop its First Solar Power Project in Dimapur

The state government of Nagaland has signed a power purchase agreement (PPA) with Hyderabad based Halo Energie Pvt Ltd to develop Nagaland’s first greenfield solar power project in Dimapur. Halo Energie is an independent power producing company. As per the details, the solar power project will be of 20MW and constructed over more than 120 […]

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Saudi Arabia Signs PPA Contracts for Solar Power Deals Worth $665 Million

The Kingdom of Saudi Arabia is bullish on raising the renewable share in its energy mix as it has awarded contracts for two new solar power projects. These projects will make a combined capacity of one gigawatt. Saudi Arabia is world’s largest oil exporter but has a huge target to add 60GW of solar power to […]

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Avaada Energy to deliver Bihar’s first floating solar power plant

With a high population density and low land availability, Bihar is now using its water bodies to generate clean energy. The Bihar Government has commissioned a 2 megawatt (MW) floating solar power unit in Darbhanga district to Avaada Energy over a six acre water body and the project is about to be commissioned. The project […]

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SJVN to Develop 10,000 MW Solar Projects in Rajasthan

In a major development in the renewable sector, mini-ratna SJVN will soon sign a Memorandum of Understanding (MoU) with the Rajasthan Government to develop 10,000 MW solar power projects in the next 5 years in Rajasthan. A formal proposal was submitted by SJVN for the said project to the Rajasthan government. It was accepted and […]

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Cipla to Acquire 32% Stake in AMP Energy Green Eleven

India’s major drug manufacturer Cipla has signed a pact to acquire about a one-third stake in AMP Energy Green Eleven. The move is designed to set up a captive solar power project in the state of Maharashtra. Captive generation rules generally mandate that the key consumers must have a minimum 26% stake in the renewable […]

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Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project

Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […]

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Sprint and Duke Energy Sign VPPA for 173.3 MW Wind Power

Sprint and Duke Energy Renewables have announced a 12-year VPPA for 173.3 MW of new wind energy sourced from the 182 MW Maryneal Wind power project in Texas American telecommunications company, Sprint and Duke Energy Renewables, a commercial business unit of Duke Energy, have announced a 12-year virtual power purchase agreement (VPPA) for 173.3 megawatts […]

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