Activate Renewables, a leading acquirer of real estate and royalty interests in wind, solar and energy storage, today announced it has closed on the purchase of a portfolio of renewable ground leases from a fund managed by the Infrastructure Opportunities strategy of Ares Management (“Ares”). The portfolio consists of wind and solar property leases together […]
LONGi to Purchase 203,600MT of Polysilicon from Tongwei for RMB 4.42 Billion – EQ Mag Pro
Chinese PV product manufacturers LONGi and Tongwei have inked another major long-term supply agreement. According to a statement released by LONGi on March 21, eight of LONGi’s subsidiaries and four of Tongwei’s subsidiaries have signed a contract under which the latter will supply 203,600MT of polysilicon to the former during the period from January 2022 […]
Petition for exempting and relaxing the compliance of Renewable Purchase Obligation
Petition purported to be filed under Regulations 12.1 & 14.2 of the Jharkhand State Electricity Regulatory Commission (Renewable Purchase Obligation and its compliance) Regulations, 2010 (notification dated 21st July, 2010) and under Regulations 13 read with 15.2 of the Jharkhand State Electricity Regulatory Commission (Renewable Purchase Obligation and its compliance) Regulations, 2016 for exempting […]
Government to have new policy on purchase of solar power soon
Nearly a week after the Vietnam Electricity (EVN) stopped receiving grid connection and purchasing solar power following Decision No.13/2020 signed on April 6, last year, by the Prime Minister on the mechanism to encourage the development of solar power in Vietnam, which expired after December 31, last year, investors are anxiously waiting for new regulations. […]
GUVNL Issues Tender to Purchase Power from 500 MW of Solar Power Projects
The last date for the submission of bids is October 28, 2020 Gujarat Urja Vikas Nigam Limited (GUVNL) issued Notice Inviting Tender for Purchase of Power through Competitive bidding process [followed by reverse E-auction] from 500 MW Grid connected Solar Photovoltaic Power Projects (RFS Dated 28.09.2020 – PHASE – XI). For more information please see […]
Union Government proposes electricity purchase from hydro-power mandatory for states
Fifth April 2020 saw a huge success for the power sector of India as the country went into a shutdown for 9-mins and POSOCO managed to maintain the stability of the grid and recovered from the sudden changes into the grid. Recently the country enthusiastically participated in the 9 min shut down at 9 […]