LATEST NEWS
Renewable Capacity Growth Set to Double in Next Five Years: IEA
The International Energy Agency (IEA) has said the global energy crisis is accelerating the installation of renewable power, with the total capacity growth set to almost double in the coming ...
APTEL Cancels Additional Surcharge on Wheeling Charges for Captive Power Consumers
The Appellate Tribunal for Electricity (APTEL) has set aside Madhya Pradesh Electricity Regulatory Commission’s (MPERC) order upholding the state-owned distribution company’s (DISCOM) move to levy an additional surcharge on the ...
Researchers Claim Photovoltaic Windows Can Cut Energy Use in Buildings by 40%
A team of researchers from the National Renewable Energy Laboratory (NREL) and the University of Wisconsin, Stout, have said glass-walled buildings can be made 40% more energy efficient through the ...
CERC Says Solar Developer Entitled to Compensation Under ‘Change in Law’
The Central Electricity Regulatory Commission (CERC) has ruled in favor of a solar developer and asked the Madhya Pradesh Power Management Company (MPPMCL) and Delhi Metro Rail Corporation (DMRC) to ...
Suzlon Sells Balance Stake in Subsidiary Vayudoot Solarfarms for ₹142.3 Million
Wind turbine maker Suzlon has approved the sale of its remaining stake of 51.05% in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables on December 3, the company said in ...
EDITORS' PICKS
DISCOMs AT&C Losses Decline to 17% in FY22 Due to Tough Reforms
The Aggregate Technical and Commercial (AT&C) losses of distribution companies (DISCOMs) declined significantly to ~17% in the financial year (FY) 2021-22 from 22.32% in FY 2020-21, according to the recent ...
US Finds Chinese Solar Module Manufacturers are Evading Tariffs
The U.S. Department of Commerce found that Chinese solar manufacturers are evading antidumping duty (AD) and countervailing duty (CVD) by assembling solar cells and modules in Southeast Asia before shipping ...
SECI’s Payment to Solar and Wind Developers Down 10% to ₹8.04 Billion in October
The Solar Energy Corporation of India (SECI) released ₹8.04 billion (~$98.6 million) in payments to solar and wind power generators for the power purchased in October 2022. The amount is ...
Daily News Wrap-Up: Adani Green Commissions 450 MW Wind-Solar Hybrid Project in Rajasthan
Here are some noteworthy cleantech announcements of the day from around the world The hybrid power generation capacity of Adani Green Energy Limited (AGEL) reached 1,440 MW, with the company ...
Maharashtra Regulator Rejects Petition Seeking Changes to Open Access Policy
A recent petition by an individual consumer to Maharashtra Electricity Regulatory Commission (MERC) highlighted certain crucial amendments required to rooftop solar and green energy open access regulations. These changes included ...
Coal India Invites Bids for 4 MW of Rooftop Solar Systems
South Eastern Coalfields (SECL), the largest coal-producing subsidiary of Coal India, has invited bids for installing and commissioning 4 MW of grid-connected rooftop solar systems at 14 different locations under ...
ReneSola Power’s Q3 Net Income Jumps Four-fold to $3 Million on China Assets
Solar project developer ReneSola Power posted a net income of $3 million for the third quarter (Q3) of 2022, an over four-fold jump year-on-year (YoY) from $711,000. The company’s revenue ...
Ministry of Power Waives ISTS Charges for New Hydropower Projects
The Ministry of Power (MoP) has issued an order waiving the Inter-State Transmission System (ISTS) charges on evacuating electricity from new hydropower projects in the country. To bring parity among ...
REC Limited’s Subsidiary Floats 1.25 GW ISTS-Connected Solar Projects Tender
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC Limited, has invited bids to set up 1,250 MW of interstate transmission system (ISTS)-connected solar power projects (Tranche I) ...
EV Charging Company ChargePoint’s Q3 FY23 Loss Widens to $84.5 Million
Electric vehicle (EV) charging solution provider ChargePoint Holdings recorded a net loss of $84.5 million in the third quarter (Q3) of the fiscal year (FY) 2023, compared to a loss ...
Daily News Wrap-Up: Daqo New Energy to Supply Mono-Grade Polysilicon to LONGi
Here are some noteworthy cleantech announcements of the day from around the world: Daqo New Energy Corporation, a photovoltaic-grade polysilicon manufacturer, announced that its subsidiaries had signed two long-term polysilicon supply ...
TCIL Issues Bid to Select a Partner for 2 MW Floating Solar Project in Mauritius
Government-owned Telecommunications Consultants India Limited (TCIL) has issued an expression of interest (EoI) to select a partner for the design, supply, installation, testing, and commissioning of a 2 MW floating ...
Spain-based CEPSA to Invest €5 Billion to Build Green Hydrogen Plants in Andalusia
Spain-based energy company Compañía Española de Petróleos, S.A.U. (CEPSA) said it will invest €3 billion (~$3.15 billion) to build 2 GW plants for producing 300,000 tons of green hydrogen in ...
Supreme Court Directs States to Assess Length of Overhead Power Lines in GIB Habitat
The Supreme Court noted that the installation of bird diverters in the habitat of the endangered Great Indian Bustard, as proposed by the special committee appointed by it, is not ...
Solar PV and Storage System Prices Soar in Q1 2022 in the US: NREL
The National Renewable Energy Laboratory (NREL) has said that the prices of solar photovoltaic (PV) and storage systems soared in the first quarter (Q1) of 2022 compared to the corresponding ...
Odisha Announces Incentives for Consumers Under Renewable Energy Policy, 2022
The Odisha government has released its renewable energy policy, which aims to provide the necessary impetus to the solar sector and accelerate its adoption in the state. The policy has ...
SJVN to Develop 2 GW of Solar and 1 GW of Hydroelectric Projects in Odisha
SJVN Green Energy, a wholly owned subsidiary of SJVN, has signed a memorandum of understanding (MoU) with Grid Corporation of Odisha (GRIDCO) to develop 1 GW of hydroelectric projects and ...
CERC Upholds Solar Developers’ Compensation Claims Under Change in Law due to GST
The Central Electricity Regulatory Commission (CERC) has reiterated that solar developers are entitled to compensation due to the higher expenses incurred after the Goods and Services Tax (GST) came into ...
Gensol Wins SECI’s EPC Auction for 30 MW Floating Solar Projects
Gensol Engineering announced that it has won the auction to develop 30 MW floating solar projects by quoting ₹2.32 billion (~$28.64 million). The projects will be spread over three thermal ...
REC Limited’s Subsidiary Invites Bids for 500 MW of ISTS-Connected Solar Projects
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC Limited, has invited bids to set up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the ...
