GRIDCO Gets Regulatory Approval to Procure Solar Power at ₹2.75kWh from a 40 MW Project

GRIDCO Gets Regulatory Approval to Procure Solar Power at ₹2.75/kWh from a 40 MW Project

The Odisha Energy Regulatory Commission (OERC) has approved the power purchase agreement (PPA) signed between Grid Corporation of Odisha (GRIDCO) and NHPC Limited for procuring 40 MW of solar power at ...
/ / Markets & Policy, Solar
Amazon Signs PPA with Mitsubishi for 22 MW of Solar Energy in Japan

Amazon Signs PPA with Mitsubishi for 22 MW of Solar Energy in Japan

Mitsubishi Corporation signed a 10-year long-term corporate power purchase agreement (PPAs) with e-commerce giant Amazon. Mitsubishi will supply power to data centers owned and operated by Amazon’s subsidiary, Amazon Web Services. The ...
/ / Solar
Daily News Wrap-Up: ENGIE to Supply 24/7 Carbon-Free Power to Google in Germany

Daily News Wrap-Up: ENGIE to Supply 24/7 Carbon-Free Power to Google in Germany

Here are some noteworthy cleantech announcements of the day from around the world: ENGIE and Google inked a three-year 24/7 carbon-free energy supply agreement to supply renewable power to Google's ...
/ / Other, Renewable Energy
US Added a Record 16.8 GW of Wind Power Capacity in 2020 Report

US Added a Record 16.8 GW of Wind Power Capacity in 2020: Report

The United States installed a record 16.8 GW of wind capacity last year. Wind accounted for 42% of all new capacity in 2020, representing an investment of $24.6 billion. The ...
/ / Wind
Renewable Market Platform LevelTen Energy Raises $35 Million in Series C Funding

Renewable Market Platform LevelTen Energy Raises $35 Million in Series C Funding

U.S.-based renewable transaction infrastructure provider, LevelTen Energy, announced that it raised $35 million in Series C funding led by NGP ETP. The company has raised a total of $62.3 million ...
/ / Finance and M&A, Other
India Leads Corporate Renewable Procurement Market in Asia-Pacific Report

India Leads Corporate Renewable Procurement Market in Asia-Pacific: Report

Corporate renewable power purchase agreements (PPA) begin to play a significant role in the decarbonization efforts of Asia-Pacific, Wood Mackenzie has said in a recent report. In the first half of 2021, ...
/ / Other, Renewable Energy
MSEDCL Floats Tender to Procure Power from 800 MW of Wind Power Projects

MSEDCL Floats Tender to Procure Power from 800 MW of Wind Power Projects

The Maharashtra State Electricity Distribution Company (MSEDCL) has issued requests for selection (RfS) to procure 500 MW wind power from intrastate wind power projects and 300 MW wind power from ...
/ / Wind
Generic Tariff for Rooftop Solar Systems Up to 10 kW Increased to ₹4.02/kWh in Karnataka

Generic Tariff for Rooftop Solar Systems Up to 10 kW Increased to ₹4.02/kWh in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has issued an order setting the generic tariff for solar power projects (including rooftop solar projects) for FY 2022 and FY 2023. The Commission ...
/ / Markets & Policy, Solar
Developer's Plea for Extending Commissioning Dates for 140 MW of Solar Projects Rejected

Developer’s Plea for Extending Commissioning Dates for 140 MW of Solar Projects Rejected

The Central Electricity Regulatory Commission (CERC), in a recent order, rejected the request of a solar developer for extension of the scheduled commissioning dates of two solar projects of 70 ...
/ / Markets & Policy, Solar
Grasim to Procure Power From ReNew’s Captive Solar-Wind Hybrid Project

Grasim to Procure Power from ReNew’s Captive Solar-Wind Hybrid Project

Grasim Industries Limited, a textile company of the Aditya Birla Group, signed a shareholders’ agreement with ReNew Green Energy Solutions and ReNew Surya Uday to procure renewable energy from its solar-wind hybrid ...
/ / Commercial, Solar
KPI Global Commissions 7.76 MW of Solar Projects for Industrial Customers

KPI Global Commissions 7.76 MW of Solar Projects for Industrial Customers

KPI Global Infrastructure has commissioned a 7.76 MWdc solar project under the independent power producer (IPP) category for its industrial customers against their power purchase agreements (PPAs). According to a ...
/ / Solar, Utility Scale
Amazon Signs PPA with TotalEnergies for 474 MW of Renewable Energy

Amazon Signs PPA With TotalEnergies for 474 MW of Renewable Energy

French oil and gas company TotalEnergies and e-commerce giant Amazon have announced a strategic collaboration through which TotalEnergies would supply 100% renewable energy for Amazon’s operations. The companies have signed a power purchase agreement ...
/ / Other, Renewable Energy
CERC Denies Transfer of Bank Guarantee for Stage-II Connectivity of Wind Projects

CERC Denies Transfer of Bank Guarantee for Stage-II Connectivity of Wind Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, rejected ReNew Power’s petition to adjust the bank guarantee upon grant of stage-II connectivity against the letter of award (LoA) issued ...
/ / Wind
Regulator Rejects Solar Developer's Petition for Refund of Liquidated Damages

Regulator Rejects Solar Developer’s Petition for Refund of Liquidated Damages

The Karnataka Electricity Regulatory Commission (KERC), in a recent order, has rejected the petition of Kavit Green Energy asking Gulbarga Electricity Supply Company Limited (GESCOM) to refund ₹28.3 million (~$380,087) ...
/ / Markets & Policy, Solar
AIIB Approves $50 Million Loan for Enel Green Energy's 300 MW Solar Project

AIIB Approves $50 Million Loan for Enel Green Energy’s 300 MW Solar Project

The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, announced that it has approved a $50 million loan facility to Italy-based Enel Green Power to develop a 300 MW solar project ...
/ / Finance and M&A, Solar
Odisha DISCOM Gets Regulatory Approval to Procure Solar Power at ₹2.79kWh

Odisha’s GRIDCO Gets Regulatory Approval to Procure Solar Power at ₹2.79/kWh

The Odisha Electricity Regulatory Commission (OERC) has approved the power purchase agreement (PPA) signed between Grid Corporation of Odisha (GRIDCO) and Green Energy Development Corporation of Odisha (GEDCOL) to procure ...
/ / Solar, Tenders & Auctions
Equity Lock-in Period Should be Removed to Boost Foreign Direct Investments in Solar

Equity Lock-in Period Should be Removed to Boost Foreign Direct Investments in Solar

Removing the one-year lock-in period for controlling shareholding could help increase investment flow into the solar market in India, which sorely needs it. A 'controlling shareholding' is the ownership (directly ...
Andhra Commission Allows PPAs of Two Wind Projects to be Canceled

Andhra Commission Allows PPAs of Two Wind Projects to be Canceled

The Andhra Pradesh Electricity Regulatory Commission (APERC), in a recent order, ruled that the power purchase agreements (PPAs) signed between two wind developers and the Southern Power Distribution Company of ...
/ / Wind
Ministry of Power Allows Option for DISCOMs to Exit PPAs After Completing Tenure

Ministry of Power Allows Option for DISCOMs to Exit PPAs After Completing Tenure

The Ministry of Power (MoP) has provided an option for distribution licensees (DISCOMs) to continue or exit from power purchase agreements (PPAs) for projects that have completed 25 years of ...
/ / Grid, Market & Policy
Four Union Territories and Goa Fail to Comply With Renewable Purchase Obligations

Four Union Territories and Goa Fail to Comply with Renewable Purchase Obligations

The Joint Electricity Regulatory Commission (JERC) has reviewed renewable purchase obligation (RPO) targets for 2020-21 based on the submitted data from the regions of its jurisdiction. According to the Commission's ...
Kerala Commission Approves PPA for a 110 MW Solar Project at ₹2.97kWh With Tata Power

Kerala Commission Approves PPA for a 110 MW Solar Project at ₹2.97/kWh with Tata Power

The Kerala State Electricity Regulatory Commission (KSERC), in a recent order, approved the power purchase agreement (PPA) signed between the Kerala State Electricity Board (KSEB) and Tata Power Company for ...
Daily News Wrap-Up: KPI Global Signs PPA for 5.7 MW of Solar with Polycab India

Daily News Wrap-Up: KPI Global Signs PPA for 5.7 MW of Solar with Polycab India

Here are some noteworthy cleantech announcements of the day from around the world: KPI Global has signed a new long-term power purchase agreement with Polycab India Limited, Vadodara, for the ...
Uttar Pradesh Regulator Sets Tariff for a Biomass Project (1)

Uttar Pradesh Regulator Sets Tariff for a Biomass Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, set a tariff of ₹5.56 (~$0.076)/kWh to procure power from a 12.5 MW biomass project from the date of ...
Daily News Wrap-Up Canadian Solar Signs PPA for a 12 MW Solar Project in Italy

Daily News Wrap-Up: Canadian Solar Signs PPA for a 12 MW Solar Project in Italy

Here are some noteworthy cleantech announcements of the day from around the world: Canadian Solar has signed a long-term power purchase agreement (PPA) with Axpo Italia to procure power produced from ...
Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL

Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL

The Appellate Tribunal for Electricity (APTEL), in a recent order, directed the Karnataka Electricity Regulatory Commission (KERC) to decide the incremental tariff payable as compensation to the solar project developer ...