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 ...
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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) ...
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 ...
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 ...
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
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 ...
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 ...
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 ₹2.97/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
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
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
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
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 ...
