Purvah Green Power Private Limited has signed an agreemnt to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Limited, a subsidiary of ReNew, for an enterprise value of Rs 48.59 billion. […]
Currently, India relies on long-term power purchase agreements (PPAs) for procuring generation capacity. Under this system, generators enter into long-term contracts with discoms and recover fixed costs based on the declared availability of their plants. […]
Opdenergy has secured $227 million in financing for its operational renewable energy portfolio in Chile. The financing was provided by SMBC, BNP Paribas and ICO and is backed by long-term DISCO and private power purchase […]
Each year, peak power demand continues to soar as rising temperatures in the summer months increase electricity requirements, making the task of meeting a growing share of this demand with renewables even more challenging. India […]
DESRI and Meta have signed 850 MW of solar and battery storage power purchase agreements (PPAs) in US. The agreement includes 500 MW in Oklahoma, 200 MW in Texas and 150 MW in Mississippi. With […]
BNZ has signed agreements to supply 1,600 GWh of renewable energy to major steel and iron companies in Italy. The clean power supplied under the agreement will be equivalent to the annual electricity consumption of […]
Hydro Energi AS and Statkraft have signed long-term power purchase agreements (PPAs) for 0.9 TWh of annual electricity generation from 2029-30 and 1.3 TWh annually from 2031-38. The agreements secure a total of 12.3 TWh […]
Sonnedix has signed three power purchase agreements (PPAs) with Copec EMOAC for the Sonnedix Librillo project in Chile. The project features a 117 MW standalone battery energy storage system (BESS) with 5-hour duration, enabling a […]
Calcutta Electric Supply Corporation Limited (CESC) has inked four power purchase agreements (PPAs) to procure power from grid-connected wind-solar hybrid projects. The cumulative capacity of power that will be procured is 600 MW. The agreements […]
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has notified the Framework for Resource Adequacy Regulations, 2026. Under the regulations, a key feature is the integration of renewable energy and storage into planning processes. The framework […]
clearvise AG has signed power purchase agreements (PPAs) for five wind and solar projects across Germany and Ireland. The agreements cover four German solar parks: Klettwitz Nord (90 MW), Alsweiler (10 MW), Lohne (8.6 MW), […]
The Ministry of New and Renewable Energy (MNRE) has issued a memorandum clarifying the non-requirement of no-objection certificates (NOCs) from the intermediatory procurer/buying entity/end procurer in existing and future bids or power purchase agreements (PPAs) […]
Ontario’s independent electricity system operator (IESO) has signed 20-year agreements for 14 renewable energy projects through its Long-Term 2 – Energy Stream 1 Request for Proposals (LT2(e-1) RFP), aiming to add over 3 TWh of […]
Qualitas Energy has acquired a portfolio of nine operational solar plants in Poland with a total capacity of 376 MWp. The portfolio generates over 400 GWh annually, supplying electricity to approximately 210,000 households. The assets […]
Levanta Renewables has announced the signing of an engineering, procurement, and construction (EPC) contract with the China Energy Engineering Group (CEEC) for the development of the Barotac solar and battery energy storage system (BESS) project […]
CFE Calificados, a subsidiary of Federal Electricity Commission (CFE), has signed power purchase agreements (PPAs) with Copenhagen Infrastructure Partners (CIP), in partnership with Sunstone Power, for two solar-plus-storage projects in Campeche, Mexico. The projects include […]
Ecoener has secured two 15-year power purchase agreements (PPAs) in Guatemala. These agreements pertain to the development of the 140 MWp Cocales and 60 MWp La Hulera solar plants, with both the projects expected to […]
The Ministry of New and Renewable Energy (MNRE) has issued revised timelines for projects under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) scheme following requests from stakeholders seeking extensions beyond March […]
The Western Australia Government has agreed to purchase electricity from upcoming wind farms in regional Western Australia. Through a series of long-term power purchase agreements, Synergy will procure renewable energy from the 470 MW Parron […]
KPI Green Energy Limited has secured Rs 9.79 billion in sanction from Canara Bank for its 150 MW wind power project in Gujarat. The sanction includes Rs 9.31 billion as a fresh rupee term loan […]
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