PPA – new potential for the solar park market

When dealing with renewable energy plants, the term “PPA” pops up again and again. The abbreviation PPA stands for “Power Purchase Agreement” and is a special form of a power supply contract, as you might enter into for your own home, as a private person, with an energy supplier, for example. (more…)

New 20 Megawatt solar park in India shortly before construction begins

A few days ago we have signed a Power Purchase Agreement (PPA) for a 20 MW (AC) solar plant with the Solar Energy Corporation of India (SECI). The project was part of a 270 MW (AC) PV tender in the state of Odisha and assigned to us through a competitive auction process during 2016. The PV system is planned to be put into operation by late 2017. (more…)