MPC Energy Solutions (MPCES) and Akuo Energy have started construction of Parque Solar Planeta Rica, a 26.55MW solar photovoltaic (PV) project in Colombia. The solar power project is a joint venture between the Dutch and the French firms. It will involve an investment of around $24 million. Parque Solar Planeta Rica is expected to begin […]
HeidelbergCement India Limited said that it has inked a long-term power purchase agreement (PPA) with Lalganj Power Private Limited for procuring nearly 22GWh per annum of solar energy under a captive arrangement for its cement factory in Jhansi, Uttar Pradesh. The solar energy will be supplied by Lalganj Power Private Limited’s solar power plant in […]
Torrent Power Limited has agreed to acquire LREHL Renewables India SPV 1 Private Limited, the holding company of an operating 50MW solar power plant in Maharashtra for nearly INR 317 crores. The sellers of the solar power project are Lightsource India Limited and Lightsource Renewable Energy (India) Limited. The Lightsource solar power plant was commissioned […]
Sangam Renewables said that it has wrapped up the sale of its entire stake of 51% in WAACOX Energy Pvt Ltd (WEPL) to Aditya Birla Renewables (ABRel) for an amount of INR 465 million ($6.22 million). With the acquisition of the stake, Aditya Birla Renewables, which already had a 49% stake in WAACOX Energy has […]
Vaibhav Global Limited (VGL), a Jaipur-based electronic retailer of fashion jewelry and lifestyle products, has launched a company owned and operated solar power plant. The power produced by the solar power plant will meet the electricity requirements of two of the company’s main manufacturing facilities in Jaipur. Vaibhav Global said that the surplus power will […]
Indian renewable energy company ReNew Power has commissioned a 105MW solar power plant in Patan District, Gujarat. The Patan solar power plant is underpinned by a 25-year power purchase agreement (PPA) with the Gujarat Urja Vikas Nigam Limited (GUVNL). Under the long term PPA, the ReNew Power project will supply clean electricity to Gujarat at […]
Adani Green Energy has completed its previously announced acquisition of Spinel Energy & Infrastructure (SEIL), the holding company of a 20MW operating solar power plant in Uttar Pradesh, India. The Adani Group company acquired the SEIL solar power plant from Hindustan Cleanenergy and Peridot Power Ventures for around INR 1.33 billion ($18.2 million). The deal […]
Indian power company Tata Power has been issued a letter of award (LOA) from the Kerala State Electricity Board Limited (KSEBL) for developing a 110MW solar power project. According to Tata Power, the electricity generated by the new solar plant in Kerala will be provided to KSEBL under a Power Purchase Agreement (PPA). The agreement […]
J-POWER USA Development (J-POWER USA) has joined forces with Solar Plus Development (SPDI), Avondale Solar, and AP Solar Holdings to jointly develop the 400MW Charger Solar project in Refugio County in Texas. The Charger Solar power plant is slated to break ground in the second half of next year with operations to begin by the […]
Pine Gate Renewables has secured $126 million financing for the 108MW direct current Trent River Solar project in North Carolina. The lead arranger of the financing is New York-based bank holding company CIT Group through its power and energy division. To be built in Pollocksville, the Trent River Solar project, under a 20-year power purchase […]