power purchase agreement
ReNew Power Announces Adding 700 MW; Portfolio Jumps to 12.8 GW
ReNew Power has signed conclusive arrangements to acquire an operating wind as well as solar portfolio of regarding 528 MW. Deals see the Company's gross overall portfolio jump over 25% to 12.8 GW from 10.2 GW at the beginning of 2022. In April, the firm included close to 2 GW to its portfolio.
Jun 3, 2022 // Markets & Finance News, power purchase agreement, ReNew Power, Wind Energy, MSEDCL, wind power, Sumant Sinha
Hydro Rein, GIG to establish solar-wind hybrid in Brazil
Norwegian renewables programmer Hydro Rein and also Macquarie's Green Investment Group (GIG) are to collaborate on a hybrid solar-wind project in Brazil.
Jun 2, 2022 // Plants, Large-Scale, Commercial, PPA, South america, Brazil, power purchase agreement, Green Investment Group, solar wind hybrid, macquarie green investment group, Hydro Rein
Spain to fast-track solar PV permits in bid to tackle power crisis
Spain is to fast-track solar PV projects with generation abilities of as much as 150MW as part of a collection of actions the country has enacted to help relieve an energy crisis influencing the nation.
Apr 1, 2022 // Markets & Finance News, Spain, Portugal, Europe, power purchase agreement, corporate ppa, energy crisis, european floating solar, project permitting, utilitty-scale solar
Mauritius Invites Tenders for 140MW Solar Plus Storage
The Central Electricity Board (CEB) of Mauritius has issued 2 different tenders for 100MW and 40MW capacities. The Mauritius Government wishes to enhance the share of renewable energy in the energy basket to greater than 35 per cent by 2025.
Mar 23, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, PPA, IRENA, Africa, power purchase agreement, narendra modi, bhel, International Renewable Energy Agency, CEB, Mauritius, Central Electricity Board, Mauritius solar power tender, Pravind Kumar Jugnauth
Nagaland Will Develop its First Solar Power Project in Dimapur
Halo Energie Pvt Ltd will develop the solar project over 120 acres of land designated in Dimapur for which the Department of Power has already accorded clearance. This will help Nagaland to fulfil its solar RPO target of 8.75%.
Mar 11, 2022 // Plants, Large-Scale, Commercial, power purchase agreement, mnre, Renewable Energy, Halo Energie Pvt Ltd, KD Vizo, PRO, renewable purchase obligations, Rooftop Solar Programme
Saudi Arabia Signs PPA Contracts for Solar Energy Deals Worth $665 Million
Saudi Arabia Energy Minister educates that even more renewable projects worth 15 gigawatts will certainly be added this as well as coming year. Saudi Power Procurement Company authorized PPAs with Ar Rass Solar and also consortium led by Jinko Power.
Mar 9, 2022 // Markets & Finance News, Saudi Arabia, PPA, Asia, Jinko Power, power purchase agreement, ACWA Power, SPPC, Ar Rass Solar Energy Company, Prince Abdulaziz bin Salman
Construction begins on mining giant BHP's initial off-grid solar-storage project
Construction has started on BHP's "first off-grid large-scale renewable resource project", completing 38 MW of solar energy and a 10.1 MW/5.4 MWh battery energy storage system (BESS), at 2 nickel mines in Western Australia which supply Tesla for usage in electrical lorry (EV) batteries.
Feb 4, 2022 // Plants, Australia, solar-plus-storage, Oceania, power purchase agreement, solar-storage project, bhp, Jessica Farrell, diesel, emissions reduction, gold mine
Renewable PPA prices in Europe up 8% because of ongoing energy crisis
Renewable power purchase agreement (PPA) prices in Europe remain to climb up, rising 7.8% quarter-on-quarter in response to the continent's growing energy crisis, according to brand-new research from LevelTen Energy, a provider of renewable transaction infrastructure.
Jan 14, 2022 // Markets & Finance News, Spain, Italy, PPA, Europe, power purchase agreement, LevelTen Energy, energy crisis
EIB must increase energy transition investments, claims European Council
Europe's leaders have actually gotten in touch with the European Investment Bank (EIB) to check out just how to quicken investments in the power change to minimize the danger of future power price crises.
Oct 25, 2021 // Markets & Finance News, power purchase agreement, SolarPower Europe, European Union, european investment bank, eib, eurpoe
Nexif Energy indications power supply bargain for 75MWp project in the Philippines
Independent power manufacturer Nexif Energy has actually protected a ten-year power supply arrangement (PSA) for a 75MWp solar plant to be created in the Philippines.
Oct 11, 2021 // Plants, IPP, Asia, power purchase agreement, Philippines, Nexif Energy, SN Aboitiz Power
LevelTen elevates US$ 35m to assist scale up renewables transaction platform
LevelTen Energy, a United States company that has developed a platform for renewable resource asset deals, has secured the support of Google as part of a US$ 35 million Collection C funding round.
Aug 26, 2021 // Markets & Finance News, PPA, power purchase agreement, Google, funding, LevelTen Energy, software, levelten
KKR partners with Crossover Energy on renewable resource projects
Renewables options service provider Crossover Energy Partners is to manage the development as well as procedure of clean energy projects together with investment firm KKR as part of a new cooperation between the business introduced today (30 June).
Jul 1, 2021 // Plants, Markets & Finance News, power purchase agreement, Benoit Allehaut, KKR, Crossover Energy Partners
Duke Energy begins on 250MW solar project in Texas
Duke Energy Sustainable Solutions has actually announced that construction has begun on its 250MW Pisgah Ridge solar project in Navarro County, Texas.
Jun 7, 2021 // Plants, USA, Texas, Duke Energy, utilities, power purchase agreement, North America, Duke Energy Sustainable Solutions, virtual power purchase agreement
ERG to spend EUR1.9 billion in renewables advancement
Energy company ERG's board of directors have authorized a plan to invest EUR1.9 billion (US$ 2.31 billion) to add 1.5 GW of renewable resource ability to its portfolio.
May 18, 2021 // Markets & Finance News, Italy, PPA, Europe, power purchase agreement, m&a
IKEA owner Ingka Group to invest EUR4bn in solar and wind projects
Ingka Group, a merchant that runs most of IKEA stores, has actually designated an additional EUR4 billion (US$ 4.8 billion) to purchase solar and also wind plants.
Apr 21, 2021 // Plants, Markets & Finance News, PPA, Europe, Asia, power purchase agreement, ikea, ingka group, corporate ppa, corporate offtaker, Russia, Pia Heidenmark Cook
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