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Power Purchase Agreement

Conti Solar Kicks off Construction of Largest Landfill Solar Project in Ohio

After completion, the project will provide over 5,000,000 kilowatt hours of clean solar electricity to county-owned facilities annually. Solar EPC company Conti Solar has kicked off construction on the 4 MW largest landfill solar project in Ohio. The project is located in Cuyahoga County and is owned and operated by IGS Solar one of the largest independent […]

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ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid

The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […]

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Developers Seek Extension to Install Solar Plants on Government Buildings

The Distributed Solar Power Association (DISPA) wrote two letters to MNRC on April 24 and May 11 in which they highlighted their concerns regarding the completion of the rooftop projects. Citing indifferent attitude of concerned ministers to their efforts, solar rooftop developers have asked for time extension to complete the work of installing solar panels […]

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NTPC Defers 2,000 MW Solar Projects Auction

The decision came on the backdrop of letter written to Ministry of New and Renewable Energy (MNRE) by the Solar Power Developers Association. The association had sought extension of solar auctions till the issue related to grant of connectivity through inter-state transmission system is not resolved. As developers have raised their concerns and have sought […]

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Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study

“If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […]

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Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam

These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […]

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Canadian Solar Commissions 35 MWp Open Access Solar Project in Karnataka

This project is expected to generate approximately 54,000 MWh of clean solar power every year. Publicly traded solar PV modules maker Canadian Solar said its 35 MWp commercial and industrial (C&I) solar portfolio in the state of Karnataka, India has reached commercial operation in March 2018. Further, the company’s 35 MWp solar project is located in Bagalkot district […]

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SECI’s 70 MW Amguri Solar Park Tender to Close on May 22

The maximum tariff payable to the project developer is fixed at Rs 3.43/ kWh for 25 years. The Solar Energy Corporation of India’s (SECI’s) tender for setting up of 70 MW grid-connected solar PV (SPV) power project at Amguri Solar Park in Assam will be closed on May 22, 2018. In February this year, SECI […]

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Ensync Energy Sells 20-Yr PPA with HPU to Undisclosed Investor

This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. EnSync Energy Systems has sold its 20-year Power Purchase Agreement (PPA) with Hawai’I Pacific University (HPU) to an undisclosed investor. This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. Further, the PPA will provide HPU’s Aloha Tower […]

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