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KPI Green Energy targets early completion of 200 MW solar project

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KPI Green Energy, which secured a 200 MW CTU-connected solar project from Gujarat Urja Vikas Nigam (GUVNL) in August 2023, aims for early completion.  The power purchase agreement (PPA) was signed on March 1, 2024, with a scheduled commercial operation date (SCOD) between May 31, 2025, and November 30, 2025. Upon completion of the Khavda project, KPI’s operational IPP portfolio will grow from 171 MWp to 411 MWp, marking a significant milestone in renewable energy….

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Origis Energy secures $415 million financing for Swift Air Solar project in Texas

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US renewable energy company Origis Energy has secured a $415 million financing package for the Swift Air Solar project in Ector County, Texas.  The package includes $290 million in construction and term debt from Natixis Corporate & Investment Banking, which also acted as the hedging bank, LC issuer, green loan coordinator, and administrative agent. Advantage Capital contributed $125 million in tax equity for the project. Swift Air Solar, expected to begin commercial production by mid-2025,…

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Gensol Engineering wins EPC contract for solar project in Gujarat

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Gensol Engineering Limited has secured an engineering, procurement, and construction (EPC) contract for a 275 MW solar photovoltaic project at the Khavda Rann renewable energy solar park in Kutch, Gujarat.  The project, valued at Rs 10.61 billion, also includes three years of operations and maintenance.

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Waaree Renewable secures 2 GW solar contract with Jindal Renewables

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Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, has secured its largest-ever Engineering, Procurement, and Construction (EPC) contract for a 2 GW solar project from Sunbreeze Renewables Nine Pvt. Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables.  The project, located in Bikaner, Rajasthan, will incorporate advanced technologies and sustainable solutions to maximize energy generation and efficiency. WRTL will manage the design, engineering, procurement, supply, construction, testing, and commissioning of the solar…

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Longroad Energy signs PPA with Meta for 300 MWac 1000 Mile solar project

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Longroad Energy has signed a long-term Power Purchase Agreement (PPA) with Meta for the entire output of its 300 MWac 1000 Mile solar project in Yoakum County, Texas.  The energy produced will be supplied to the Southwest Power Pool (SPP) grid and support Meta’s data center operations. The 1000 Mile solar project, Longroad’s first in the SPP region, is expected to commence commercial operations in 2026. 

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Solidus Techno Power secures 29 MWp solar project in Rajasthan

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Solidus Techno Power Private Limited has secured a 29 MWp solar project in Bikaner, Rajasthan, marking its expansion beyond Punjab.  The project will supply 40% of the electricity needed for a large industrial manufacturing facility in the region.  Set to be completed by September 2025, the solar PV plant is expected to generate approximately 47 million kWh of clean energy annually. Solidus Techno Power will provide comprehensive EPC services to ensure seamless integration of solar…

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KPI Green secures Rs 13.11 billion solar project at Khavda Solar Park

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KPI Green Energy Limited has won Coal India Limited’s auction to develop a 300 MW grid-connected ground-mounted solar project at Khavda Solar Park in Gujarat.  The contract, valued at Rs 13.11 billion, includes the design, engineering, procurement, supply, installation, testing, and commissioning of the project. The scope also covers the transportation and transit insurance of PV modules designed for a 1,500V system voltage, along with comprehensive operation and maintenance for five years.  The project is…

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Sterling and Wilson secures Rs 5.04 billion solar project in Rajasthan

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Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.  The project, awarded by an independent power producer, involves the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC PV system.  

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Sonnedix inaugurates 150 MW Betierra solar project in Spain

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Sonnedix has inaugurated its 150 MW Betierra solar project in Castilla-La Mancha, marking the company’s achievement of over 1 GW of owned and operated renewable energy capacity in Spain.  The project consists of three 50 MW solar plants with shared interconnection infrastructure. Operational since September 2024, Betierra generates 300,000 MWh of electricity annually, powering 71,000 households and reducing 107,000 metric tons of CO2 emissions. The energy is supplied to Equinix under a 10-year Purchase Power…

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Waaree Renewable secures 41.6 MW solar project in Tamil Nadu

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Waaree Renewable Technologies Ltd (WRTL) has secured an order to establish a 41.6 MW solar project in Cuddalore, Tamil Nadu.  The project, valued at approximately Rs 1.47 billion, is scheduled for completion in the fiscal year 2025-26.  This initiative involves setting up an independent regional power production (IPP) unit.