Germany awards 2.27 GW solar capacity in July auction
Author: PPD Team Date: August 18, 2025
Author: PPD Team Date: August 18, 2025
Germany’s Federal Network Agency has announced results of the 1 July 2025 solar auction for ground-mounted projects and installations on constructions other than buildings or noise barriers.
The tendered capacity was 2,266 MW, while bids reached 2,820 MW. A total of 313 bids were submitted, with 258 awarded contracts for 2,271 MW. Thirty-six bids were excluded.
Successful tariffs ranged from €0.04 per kWh to €0.0626 per kWh, with a volume-weighted average of €0.0484 per kWh, slightly above the previous round’s €0.0466 per kWh.
Bavaria secured the highest allocation with 689 MW from 106 bids, followed by Rhineland-Palatinate with 251 MW from 23 bids and Lower Saxony with 250 MW from 18 bids.
Author: PPD Team Date: January 23, 2026 Adani Energy Solutions Limited (AESL) announced its unaudited financial and operational results for the quarter and nine months ended December 31, 2025, on January 22, 2026. The company reported year-on-year growth across key financial indicators and a record cumulative installation of 9.25 million smart meters. For the quarter ended December 31, 2025, AESL posted consolidated total income of Rs 6,945 crore, up 15.7% from the corresponding period last…
Author: PPD Team Date: December 1, 2025 Sunsure Energy has signed a long term renewable power purchase agreement with Bisleri International Private Limited. Under the arrangement, Sunsure will supply solar power to Bisleri’s manufacturing unit in Ghaziabad from its 82.5 MWp solar project in Erach, Uttar Pradesh. The agreement will allow Bisleri to meet 48 per cent of its electricity demand with renewable energy and avoid about 2700 tonnes of carbon emissions each year. The…
Author: PPD Team Date: October 24, 2024 The European Investment Bank (EIB) has signed a €120 million loan agreement with Iberdrola to support research and innovation in energy technologies, focusing on accelerating electrification and decarbonisation. The total investment associated with these initiatives amounts to €250 million. The funding will be directed toward the development of renewable energy technologies, including solar photovoltaic, hydro, wind power, hybrid, and agrovoltaic projects. It will also support research into decarbonisation…
Author: PPD Team Date: January 24, 2025 NHPC Limited and Andhra Pradesh Power Generation Corporation Limited (APGENCO) have formed a joint venture named “APGENCO NHPC Green Energy Limited.” The company was incorporated on January 23, 2025, with an equal equity participation of 50:50. The venture focuses on planning, promoting, and executing Pumped Storage Hydro Power Projects and Renewable Energy Projects, including solar, floating solar, and wind projects. Initially, five projects are planned: Yaganti Pumped Storage…
Author: PPD Team Date: March 10, 2025 Dalmia Cement (Bharat) Limited (DCBL), a wholly owned subsidiary of Dalmia Bharat Limited, has signed an agreement to acquire a 34.52% equity stake in Kilavikulam Rajalakshmi Solar Power Developer Private Limited. The acquisition, valued at Rs 30 million, will help DCBL source up to 10 MW of solar power as a captive consumer in Tamil Nadu. The solar power generated under this arrangement will be eligible for captive…
Author: PPD Team Date: March 25, 2026 NTPC Green Energy Ltd has signed a memorandum of understanding (MoU) with Nxtra Data Ltd to develop renewable energy projects for supplying round-the-clock power to Nxtra’s data centres across India. The agreement was signed at NTPC Bhawan in New Delhi by Sarit Maheshwari, CEO of NTPC Green Energy and NTPC Renewable Energy Ltd, and Ashish Arora, CEO of Nxtra. Under the MoU, NTPC Green Energy will collaborate with…