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Power Purchase Agreement

SECI Extends Bid Deadline for 4 MW Floating Solar Plus BESS Tender

SECI has extended the bid submission deadline for its 4 MW floating solar plus 2 MW/01 MWh BESS tender at the Andaman and Nicobar Islands for a second time The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 […]

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ThomasLloyd Investee Firm to Begin Work on 75 MW Solar Project in UP

ThomasLloyd investee firm SolarArise India has issued the first part of a Notice to commence the construction at its new 75 MW Solar Plant in Uttar Pradesh. ThomasLloyd has announced that its’ investee company SolarArise India Projects Private Limited (SolarArise), a Delhi-based solar project developer, has issued the first part of a Notice to Proceed […]

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Tender Issued for Rooftop Solar Projects Worth 16.6 MW in Odisha

The Government of Odisha will undertake the development of rooftop solar PV power projects with a proposed capacity of 16.653 MW in 17 cities of the state. The Government of Odisha (GoO), with a view to develop a market for rooftop solar projects and with the objective of promoting solar energy in the state, has […]

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GE Renewable Energy Wins Turbine Order for 300 MW Wind Project in Gujarat

GE Renewable Energy has received an order from the EDF-SITAC JV to supply and install 112 – 2.7 MW wind turbines at a 300 MW wind project in Gujarat, India. GE Renewable Energy has announced that it has received an order from the EDF-SITAC joint venture to supply and install 112 of its 2.7 MW […]

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Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti

Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […]

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NIWE Issues EOI for 1 MW Rooftop Solar PV Plant in Chennai

NIWE on behalf of CMWSSB has issued an EOI for setting up of a 1 MW rooftop solar plant on the underground tank at Chembarambakkam WTP in Chennai. The National Institute of Wind Energy (NIWE) on behalf of the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) has issued an Expression of Interest (EOI), inviting […]

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MNRE to Soon Issue Relief Guidelines for Solar Projects Delayed By Coronavirus

With an aim to save renewable energy developers from expected delays in project commissioning on the back of lack of supply from China due to spread of coronavirus, the Ministry of New and Renewable Energy (MNRE) will provide extra time for such developers. The move is expected to be in line with the earlier clarification […]

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NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA

NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […]

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Ministry of Finance Confirms Force Majeure Status for Coronavirus

In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […]

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