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Power Purchase Agreement

APTEL Rejects Solar Developers’ Plea for Interest, Surcharge

The Appellate Tribunal for Electricity (APTEL) has dismissed an application by a solar developer and its subsidiaries seeking interest and surcharge on previously awarded tariff payments, ruling that the request constituted a review petition disguised as a clarification. The application filed by ACME and four of its special purpose vehicles (SPVs), sought clarification on APTEL’s […]

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JSW Energy Signs PPA with NHPC for 300 MW Hybrid RE Project

JSW Energy, through its step-down subsidiary Energizent Power Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NHPC Limited for a 300 MW of solar-wind hybrid power. The power will be supplied at a fixed tariff of Rs 3.49 per unit. The project will be connected to the inter-state transmission system (ISTS). The […]

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OMV Petrom and Enery Join Forces for Bulgaria’s 400 MW Solar Project

OMV Petrom, an integrated energy producer in South-Eastern Europe, has partnered with renewable energy firm Enery to co-develop the 400 MW Gabare solar photovoltaic project in Byala Slatina, near Sofia, Bulgaria. OMV Petrom will acquire 50 percent of the shares in Dunav Solar Plant EOOD, the company developing the project, along with a power purchase […]

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Rajasthan: ACME Solar Completes 300MW Sikar Solar Project

ACME Solar Holdings Ltd has fully commissioned its 300 megawatt (MW) Sikar Solar project in the Indian state of Rajasthan, the company said on Tuesday, after bringing the final 60 MW online. The project, spread over around 1,300 acres in Bikaner—an area with some of the highest solar irradiation levels in India—is expected to generate […]

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Waaree RTL Signs 100 MWp Solar Deal With Viet Khanh

Waaree Renewable Technologies Ltd (Waaree RTL), the solar EPC arm of India’s Waaree Group, has signed a non-binding memorandum of understanding (MoU) with Vietnam’s Viet Khanh Joint Stock Company for developing a 100 MWp solar power project. The project has been awarded to Waaree RTL on a turnkey basis by an international entity, Waaree said […]

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CERC Approves Tariffs for 1.2 GW Wind Solar Projects by NTPC

The Central Electricity Regulatory Commission (CERC) has approved the tariffs discovered through competitive bidding for 1,200 MW of Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects. The petition, filed by NTPC Limited under Section 63 of the Electricity Act, 2003, marks another major step in India’s clean energy push. Bidding Process and Tariff Discovery NTPC […]

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Nexwell Acquires 248 MWp Solar Assets from Q Energy

Nexwell Power, a Renewable energy investment platform, has acquired a 248 MWp solar portfolio from Q Energy, a spanish energy service provider and an affiliate of Berlin- based Hanwha Group. The portfolio includes a total of seven solar plants across Andalusia and Aragon, the regions in Spain. Out of these seven, four are under construction […]

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ENGIE Pilots 375 MW Solar Recycling Project With SOLARCYCLE

ENGIE North America (ENGIE) will pilot a new precycling provision to incorporate solar panel and project component recycling into initial agreements at four projects. The approach was developed in cooperation with SOLARCYCLE, a technology-based solar panel recycler. This collaboration is a part of the move towards bringing full circularity. The agreements ensure that around one […]

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Gujarat: KPI Green Gets 36.87 MW Captive Solar Orders

Gujarat-based KPI Green Energy said its subsidiary, Sun Drops Energia, has secured Letters of Award (LoA) and Letters of Intent (LoI) for developing 36.87 MW of solar power projects under its Captive Power Producer (CPP) segment. The projects are tentatively scheduled to be completed in the financial year 2025-26, in various tranches as per the terms […]

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