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Power Purchase Agreement

Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal

Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […]

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SJVN Secures 83 MW Floating Solar Project in Madhya Pradesh

State-run SJVN Ltd announced that it has been awarded a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a […]

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

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RRECL Invites RFS for 50 MW Grid-Connected Rooftop Solar Project

Rajasthan Renewable Energy Corporation Limited (RRECL) has invited requests for the selection of a 50 MW (RFS for 50 MW) grid-connected rooftop solar power plant project at various locations in Rajasthan. These solar plants will be installed on the state government building/state government undertaking building’s rooftops. The last date for submitting the bid for this […]

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General Motors Secures 100% Energy Needed to Achieve RE Goal

Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […]

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GUVNL Invites RFS for 500 MW Solar Projects with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has floated a request for selection to purchase power through a competitive bidding process from 500 MW grid-connected solar PV power projects to be set up anywhere in India. There is a greenshoe option with an additional capacity of 500 MW (RFS for 500 MW). The last date for submitting […]

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Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project

American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […]

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Germany’s ib vogt Completes 116 MWp Coara Marang Solar Project in Malaysia

The developer of large-scale turnkey PV plants worldwide, ib vogt has achieved commercial operation (COD) of the 116 MWp Coara Marang Solar Project, in consortium with its Malaysian joint venture partner, Coara Solar Sdn Bhd. COD was reached on September 17, 2022, providing clean solar energy from the photovoltaic plant to the Malaysian electricity grid. […]

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SJVN Commissions Uttar Pradesh’s 75-MW Parasan Solar Project

Satluj Jal Vidyut Nigam (SJVN) has announced that it has begun to commission its 75-MW Solar Power Project in the Parasan Solar Park. The solar power project is located in Tehsil Kalpi in Jalaun district which is near Kanpur, Uttar Pradesh. The state owned firm has confirmed that the process of commissioning will be completed […]

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