SUBSCRIBE NEWS LETTER

independent power producer

US Energy firm GIP Buying Asia’s largest Renewable Energy Producer

Equis energy biggest renewable energy platform in Asia has cut deal with GIP for $3.7 billion.  United States based firm GIP- Global Infrastructure partner is set to buy Asia’s largest renewable energy producer Equis for $3.7 billion. Singapore based Equis is Asia’s producer in renewable field with Five solar and wind assets in Philippines. Considerate the […]

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Equis Signs 20 Year PPA for Taiwan Solar Power Project

The 5MW Solar Power Project s currently under construction and scheduled to be commissioned in December 2017. Equis Energy (Equis), Asia‐Pacific’s largest renewable energy Independent Power Producer (IPP), has signed a Power Purchase Agreement (PPA) with Taiwan Power Company (Taipower) for its 5.0 MW solar project located in Kouhu Township, Yunlin County, Taiwan. The project […]

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Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil

Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […]

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Azure Power Commissions a 50 MW NTPC Solar Power Project in Uttar Pradesh

Azure Power will provide power for 25 years at a tariff of INR 4.78 per kWh to NTPC. The 50 MW project is spread across 300+ acres of land. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned the final phase of its 50 megawatt (MW) solar power […]

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State distribution companies (discoms) are biggest obstacle on open access for solar power

Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […]

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Azure Power Assigned Highest Accreditation Rating by ICRA

While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […]

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SunPower to Supply 29.9MW of High Efficiency Solar Panels for Tenergie Solar Projects in France

The SunPower panels are being installed on 157 rooftop projects totaling 26.8 megawatts and two ground-mount projects totaling 3.1 megawatts. Tenergie expects to commission all of the projects before the end of next year. SunPower, a majority-owned subsidiary of Total SA, and Tenergie, an independent renewable power producer have announced that SunPower is supplying 29.9 […]

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Centre to Notify Guidelines for Renewable Power Procurement

Until the guidelines are drafted, the till then projects will be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff. The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power […]

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