PPA

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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SB Energy Order Fresh 1.5 GW Solar Modules from First Solar in USA

SB Energy Global has said that it has placed an order for 1.5 GW ultra-low carbon thin-film solar modules necessary for it’s 4GW solar and storage development projects in the United States. The modules will be sourced for multiple years from First Solar, the largest manufacturer of thin-film modules in the US. SB Energy Global […]

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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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APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs

In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […]

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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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Curtains Finally Coming Down On Andhra Solar Power Tussle?

In a key development, the Andhra Pradesh state cabinet of Chief Minister Jagan Mohan Reddy has accepted an offer by SECI (Solar Energy Corporation of India) to supply solar power to the state. The state has plans to supply solar power to its farmers at Rs 2.49 per unit through its own agriculture feeder lines. […]

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