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IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 ...
/ / Other, Renewable Energy
Maldives Issues Tender for 40 MW/40 MWh of Battery Energy Storage Systems

Maldives Issues Tender for 40 MW/40 MWh of Battery Energy Storage Systems

The Ministry of Environment, Climate Change, and Technology, Maldives, has invited bids from engineering, procurement, construction (EPC) contractors to install battery energy storage systems (BESS) of 40 MW/40 MWh capacity ...
Gujarat Invites Bids from Manufacturers of E-Rickshaws and Electric Two-Wheelers

Gujarat Invites Bids from Manufacturers of E-Rickshaws and Electric Two-Wheelers

The Gujarat Energy Development Agency (GEDA) has invited bids from manufacturers to market and distribute 11,000 battery-operated two-wheelers and 5,417 e-rickshaws with lithium-ion batteries under the GEDA subsidy program 2021-22 ...
Daily News Wrap-Up: US Launches Energy Earthshots to Accelerate Clean Energy Drive

Daily News Wrap-Up: US Launches Energy Earthshots to Accelerate Clean Energy Drive

Here are some noteworthy cleantech announcements of the day from around the world: United States Secretary of Energy Jennifer Granholm launched the U.S. Department of Energy’s (DOE) Energy Earthshots Initiative ...
Regulator Allows Partial Credit Adjustment for an Open Access Wind Power Consumer

Regulator Allows Partial Credit Adjustment for an Open Access Wind Power Consumer

The Maharashtra Electricity Regulatory Commission (MERC), in a recent ruling, allowing for credit adjustment of units generated from wind projects for September 2017, July 2018, and October 2019 for an ...
/ / Wind

EDITORS' PICKS

PepsiCo India Allowed to Carry Over Shortfall in Renewable Power Purchase Obligation

PepsiCo India Allowed to Carry Over Shortfall in Renewable Power Purchase Obligation

The Punjab State Electricity Regulatory Commission (PSERC), in a recent order, has allowed beverage major PepsiCo India Holdings to make up for its renewable purchase obligation (RPO) shortfall for the ...
Delhi Reels Under Rising Pollution Levels and Soaring Mercury

Delhi Reels Under Rising Pollution Levels and Soaring Mercury

On Wednesday, June 9, 2021, temperatures in Delhi peaked at 42.2° Celsius as the heatwave gripped the nation’s capital. With high temperatures before the onset of monsoon being quite a ...
/ / Other, Renewable Energy
Daily News Wrap-Up ReNew Power’s SPAC Deal to go Public Gets Regulatory Approval

Daily News Wrap-Up: ReNew Power’s SPAC Deal to go Public Gets Regulatory Approval

Here are some noteworthy cleantech announcements of the day from around the world: The Competition Commission of India has approved the exchange of equity shareholding by existing shareholders of ReNew ...
ACME Solar Withdraws Termination Petition for 600 MW Project with ₹2.44kWh Tariff

ACME Solar Withdraws Termination Petition for 600 MW Project with ₹2.44/kWh Tariff

The Central Electricity Regulatory Commission (CERC), in a recent order, asked the subsidiaries of ACME Solar developing 600 MW of solar projects in Rajasthan to submit the current status of ...
Biofuel Company Greenjoules Raises $4.52 Million from Blue Ashva Capital

Biofuel Company Greenjoules Raises $4.52 Million from Blue Ashva Capital

Pune-based biofuel company Greenjoules has raised ₹330 million (~$4.52 million) in a 'Series A' round of funding from Blue Ashva Capital through its Blue Ashva Sampada Fund. Blue Ashva Capital ...
/ / Finance and M&A, Other
EESL Invites Bids to Supply ABT Meters for Decentralized Solar Projects

EESL Invites Bids to Supply ABT Meters for Decentralized Solar Projects

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids for the supply and installation of 300 availability-based tariff (ABT) meters for remote monitoring of ...
US Energy Storage Market Installs 910 MWh of New Systems in Q1 2021

US Energy Storage Market Installs 910 MWh of New Systems in Q1 2021

The United States installed 910 MWh of new energy storage systems in the first quarter (Q1) of 2021 – an increase of 252% over Q1 2020, making it the biggest Q1 ...
Rajasthan Electronics Floats Tender for 200,000 Multicrystalline Solar Cells (1)

Rajasthan Electronics Floats Tender for 200,000 Multicrystalline Solar Cells

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the government of India and the Rajasthan government, has invited bids to procure 200,000 multicrystalline solar cells of wattage output ...
Solar Developer and NTPC Spar Over GST Compensation Claim

Solar Developer and NTPC Spar Over GST Compensation Claim

Renew Wind Energy (TN2) has filed a petition before the Central Electricity Regulatory Commission (CERC), seeking clarification on a previous order it had passed on considering goods and services tax ...
Rajasthan Rooftop Solar Installers Question Latest Capacity Allocated by Nodal Agency

Rajasthan Rooftop Solar Installers Question Latest Capacity Allocated by Nodal Agency

The Renewable Energy Association of Rajasthan (REAR) has raised a series of queries with the Rajasthan Renewable Energy Corporation (RREC) after the latter allocated an additional 5,600 kW capacity under ...
Manipur Tenders a 50 MW Solar Project with ₹3/kWh Tariff Cap

Manipur Tenders a 50 MW Solar Project with ₹3/kWh Tariff Cap

The Manipur Renewable Energy Development Agency (MANIREDA) has invited bids to set up a 50 MW grid-connected solar project at Jiribam in Manipur. The ceiling tariff for the project has ...
Daily News Wrap-up Tata Power’s 37 Commercial Consumers Opt for Green Power in Mumbai

Daily News Wrap-up: Tata Power’s 37 Commercial Consumers Opt for Green Power in Mumbai

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power announced that over 37 of its commercial customers with consumption of more than 19 MUs ...
Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism

Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism

The Ministry of Power has released a discussion paper on redesigning the renewable energy certificate (REC) mechanism for stakeholder comments. The stakeholders have time until June 25, 2021, to submit ...
Surplus Energy By Captive Solar Projects to be Compensated at ₹1.99kWh in Gujarat

Surplus Energy by Captive Solar Projects to be Compensated at ₹1.99/kWh in Gujarat

The Gujarat Urja Vikas Nigam Limited (GUVNL), in a recent notification, announced that the average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park ...
194 MU of Solar Traded in IEX’s Green Term-Ahead Market in May

194 MU of Solar Traded in IEX’s Green Term-Ahead Market in May

The Indian Energy Exchange (IEX) traded 194 million units (MU) of solar in May, a 149% increase compared to the 78 MU traded in April 2021. The Exchange traded 6,540 ...
Uttar Pradesh Regulator Sets Tariff for a Biomass Project (1)

Uttar Pradesh Regulator Sets Tariff for a Biomass Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, set a tariff of ₹5.56 (~$0.076)/kWh to procure power from a 12.5 MW biomass project from the date of ...
DISCOMs Owed Renewable Generators ₹113.34 Billion at the End of April 2021

DISCOMs Owed Renewable Generators ₹113.34 Billion at the End of April 2021

Distribution companies (DISCOMs) owed ₹113.34 billion (~$1.56 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 200 pending invoices at the end of April 2021, according to ...
Solar Developers Ask For Stay on Anti-Dumping Probe, Court Gives Time for Feedback

Solar Developers Ask for Stay on Anti-Dumping Probe, Court Gives Time for Feedback

The Delhi High Court has directed the Directorate General of Trade Remedies (DGTR) to extend the deadline for providing feedback for the anti-dumping investigation on imported solar cells and modules ...
Daily News Wrap-Up Sembcorp Raises $302 Million in a Green Bond Offering

Daily News Wrap-Up: Sembcorp Raises $302 Million in a Green Bond Offering

Here are some noteworthy cleantech announcements of the day from around the world: Renewable energy company Masdar and Abu Dhabi Airports have announced the completion of Abu Dhabi's largest solar-powered ...
Bidders Go to Court Over Lack of Transparency in EESL’s Solar Pumps Auction

Bidders Go to Court Over Lack of Transparency in EESL’s Solar Pumps Auction

Last week, the Delhi High Court directed the Government of India to respond to a petition filed by domestic solar manufacturers, who have requested the termination of the Pradhan Mantri ...
/ / Off-grid, Solar