In Short : SAEL has signed a 400 MW solar power purchase agreement with PSPCL at a tariff of ₹2.97/kWh. The project is scheduled for commissioning within 24 months. This initiative will boost Punjab’s renewable energy capacity, lower carbon emissions, and support India’s clean energy targets while ensuring affordable and sustainable electricity supply for the state. […]
Lafarge Egypt, part of cement giant Holcim Ltd (SWX:HOLN), has signed a USD-93-million (EUR 89.55m) deal to offtake electricity from a solar park that will be built by Lumika Renewables Egypt. Under a long-term agreement, Lumika will set up its first solar park in the North African country with a capacity of up to 50 […]
Democratic Republic of Congo’s national electricity company, SNEL, signed two purchase agreements for a total of 200 megawatts of solar power with a local unit of Financing Access Congo, according to an emailed statement from Financing Access Congo. Brazzaville-based group Financing Access Congo has partnered with China’s Green Power Capital investment fund to finance the […]
BP Plc made a big stride in reaching its low-carbon generation target with a brace of solar power deals unveiled Tuesday. The oil and gas giant agreed to buy 9 gigawatts of solar projects in the U.S. from 7X Energy, London-based BP said in a statement. It’s joint venture Lightsource BP is also entering the […]