The world’s biggest trees could hold the secret to coping with drought 
Zara Owner Inditex Sales Rise 9% in August 
Gulf Ministers to Meet Iran in Oman Over Hormuz Shipping Deal 
Japan Producer Inflation Eases to 7.6% in August 
We combed through old botanical surveys to track how plants on Australia’s islands are changing 
UK Economy Grows 0.4% in July, Beating Forecasts 
Rice feeds billions of people – but its role in fueling climate change is growing 
Asian Stocks Fall as Oil Tops $100, Yields Rise 
Parasites are ecological dark matter – and they need protecting 
Norway Core Inflation Rises to 3% in August 
GesiaPlatform Launches Carbon-Neutral Lifestyle App ‘Net Zero Heroes’ 
Novartis M&A Strategy Faces Investor Scrutiny After Drug Setbacks 
Gold Prices Rebound as Dollar Weakens, Fed Decision Looms 
LA fires: Long-term exposure to wildfire smoke is poorly understood − and a growing risk 
Add as a preferred source on Google
Avaada Energy Pvt Ltd had secured a 421-MWdc solar farm project in an e-reverse auction in India after quoting a tariff of INR 2.70 (USD 0.033/EUR 0.030) per kWh, according to its investor, Thai power company Global Power Synergy PCL (GPSC).
The win entitles Avaada to close a power purchase agreement (PPA) with a term of 25 years, GPSC said.
GPSC indirectly holds a 42.93% stake in Avaada.
The auction was conducted by REC Power Development and Consultancy Limited (RECPDCL) on behalf of India’s central government agency Damodar Valley Corporation (DVC).
The award, according to Worawat Pitayasiri, President and CEO of GPSC, reaffirms the success of Avaada and GPSC in a joint-business partnership with a strategy to expand production capacity to satisfy the renewable energy demand in India.
GPSC’s target is to increase the share of renewables in its power production to over 50 percent by 2030.
