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Power Purchase Agreement

Hyundai Motor, Matrix Sign PPA To Power 174-MW EV Plant In US

Hyundai Motor Group recently signed a 174-Megawatt Power Purchase Agreement (PPA) with Spain’s Matrix Renewables. With their solar energy project, they can power their electric vehicle (EV) plant in the United States (US) with renewable energy. The South Korean car manufacturer Hyundai Motor signed a 15-year PPA with Matrix Renewables-led stillhouse solar project which is […]

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Juniper Commissions 105 MW Solar Power Project In Maharashtra

Delhi-based renewable energy power producer Juniper Green Energy has commissioned a 105 MW Jalkot Solar Power Project in Maharashtra. With this project, the company claimed to enhance the region with 105 MW of solar energy. This initiative reflects Juniper Green Energy’s continued support for expanding India’s renewable energy sector. The project was commissioned in record […]

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West Bengal Thermal Power Plant To Produce Solar From Multiple Sources

West Bengal-based Sagardighi Thermal Power Plant (TPP) is now all set to produce solar power from different sources to send it to the local grid. The TPP situated at Murshidabad has established a 10 MW grid-connected ground-mounted solar plant and a 5 MW grid-connected floating solar plant for the same. The power plant has now […]

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US-Based Avangrid & Europe’s Statkraft Ink Wind Power Deal

Avangrid, a sustainable energy company and member of the Iberdrola Group, and Statkraft, a Europe-based renewable energy firm, have announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States. According to a media statement from Avangrid, Statkraft will receive Renewable Energy Certificates (RECs) […]

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Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary

Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […]

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Leroy Merlin To Draw Power From Better Energy Poland Solar Park By 2025

Construction and decoration firm Leroy Merlin Poland has signed a PPA with Better Energy to draw power from latter’s Chelmno solar park which is currently under construction. The Power Purchase Agreement (PPA) is expected to commence in 2025. According to Better Energy, the 10-year PPA will allow Leroy Merlin Poland to secure the long-term supply […]

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KPI Green Bags 50MW Of Wind-Solar Hybrid Power Project From GUVNL

Gujarat based KPI Green energy a renewable energy company recently announced that it emerged as a successful winner for Gujarat Urja Vikas Nigam Limited (GUVNL) 50MW of Wind-Solar Hybrid Power Project. KPI received the letter of Intent, in which it was awarded 50MW (comprising of 16.80 MW Wind and 50MW Solar) Wind-Solar Hybrid Power Project. The […]

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MSEDCL Releases Tender For 1000 MW Solar Power Project

Maharashtra State Electricity Distribution Company Limited (MSEDCL) released a tender inviting long-term bids for procurement from 1000 MW inter/intra-state grid-connected solar power projects through a tariff-based bidding process. MSEDCL document mentioned, “This tender is for purchase of power on a long-term basis through a competitive bidding process. This is to be followed by a reverse […]

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SJVN To Supply Solar Power At Rs 2.57/unit From Its 1 GW Bikaner Plant

SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, has signed a Long Term Power Usage Agreement (PUA) for 500 MW Solar Power and a Long Term Power Purchase Agreement (PPA) for 100 MW Solar Power, with Rajasthan Urja Vikas and IT Services Limited (RUVITL) in Jaipur. The Power Usage Agreement is for 500 MW […]

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