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Solar PV Deployed at CAGR of 38% from 1998 to 2015: United Nations Report

Solar PV Deployed at CAGR of 38% from 1998 to 2015: United Nations Report

Global emissions have witnessed a mercurial rise in the recent years. In order to bridge the emissions gap, innovation in the use of existing technologies, promotion of investment in new ...
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

India Joins Hands with Japan and France for a Sustainable Future

The Cabinet has approved a Memorandum of Understanding (MoU) between India and France in the field of energy efficiency. The MoU is a science and technology agreement, which involves knowledge ...
CEA Asks States to Use 5-10% Biomass Pellets for Power Generation in Thermal Plants

Maharashtra’s MSEDCL to Procure 50 MW of Biomass Power Through Reverse Auction

The Maharashtra Electricity Regulatory Commission (MERC) has approved a petition filed by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the long-term procurement of 50 MW of biomass power ...
PFC Issues $400 Million of Green Bonds on LSE’s International Securities Market

Namibia Announces Issuance of its First Green Bond

In a first for the country, Namibia recently announced the launch of its green bond. By doing this, Bank Windhoek, a wholly Namibian-owned commercial bank, became the first commercial bank ...
More Project Commissioning Delay Cases in Telangana Ruled in Favor of Project Developers

Cabinet Gives In-Principle Approval to REC Ltd’s Takeover by Power Finance Corporation

The Indian government’s Cabinet Committee on Economic Affairs (CCEA) has given in-principle approval for the takeover of REC Limited (Formerly, Rural Electrification Corporation of India), a public sector enterprise, by the ...

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World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022

World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022

The Kenyan government has launched a new program called Kenya National Electrification Strategy (KNES). The ambitious program has been developed in partnership with the World Bank and it aims to provide a ...
Solar Developers Win Four Project Commissioning Delay Cases in Telangana

African Development Bank Approves $18 Million Loan for a 50 MW Solar Project in Kenya

The African Development Bank (AfDB) has approved a senior loan of $18.17 million for the development of 50 MW Kopere solar power project in Nandi County, Kenya. The project also ...
Technical Bids Aggregating 750 MW Received for UPNEDA’s 500 MW Solar Tender

NTPC Extends Bid Submission Deadline for its 1.2 GW Solar Tender

The National Thermal Power Corporation (NTPC) has extended the bid submission deadline for the tender to set up 1,200 MW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects in the ...
Tamil Nadu’s Trichy Floats Tender for 2.4 MW of Solar Projects under Smart Cities Mission

Tamil Nadu’s Trichy Floats Tender for 2.4 MW of Solar Projects under Smart Cities Mission

The Tiruchirappalli Smart City Limited has tendered 2.4 MW of ground-mounted solar photovoltaic (PV) projects to be developed at sewage treatment plant (STP) Panchappur, located near Madurai By-Pass road in ...
MNRE Amends Policy for Biomass-Based Cogeneration Projects in India

MNRE Amends Policy for Biomass-Based Cogeneration Projects in India

The Ministry of New and Renewable Energy (MNRE) has amended two clauses in the policy to support the promotion of biomass-based cogeneration projects in sugar mills and other industries in ...
Ministry of Power Issues Revised Proposal for Amendments to the Electricity Act

EBRD to Lend $265 Million to Jordan to Develop its Grid for Renewable Energy Integration

The European Bank for Reconstruction and Development (EBRD) has said it will provide $265 million long-term loan to Jordan’s National Electric Power Company (NEPCO). The fund will be used to improve ...
Uttarakhand Issues Cross-Subsidy Surcharge for Open Access Customers

After Soaring High in October, Spot Power Price Dips to ₹3.59/kWh in November 2018

In the month of November 2018, the spot power price declined to ₹3.59 ($0.05)/kWh after soaring high in the past few months. The price of ₹3.59 ($0.05)/kWh is 1 percent ...
Fund for Off-grid Solar in Kenya

Off-Grid Solar Solutions Provider SolarHome Raises $10 Million in Debt Financing

SolarHome, a Singapore-based Pay-As-You-Go (PAYG) off-grid solar solutions provider in southeast Asia, has raised $10 million in debt financing from a consortium of international investors, including Crowdcredit, a cross-border crowdfunding platform ...
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

GST Compensation for Solar Projects and Other Policy Highlights from November 2018

The month of November witnessed a series of orders in the renewable energy sector, especially from the State Electricity Regulatory Commissions (SERC). One of the important orders that made headlines ...
Madhya Pradesh Clarifies Cross Subsidy Surcharge Exemption for Captive Power Projects

Madhya Pradesh Clarifies Cross Subsidy Surcharge Exemption for Captive Power Projects

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has dismissed two petitions filed by owners of bagasse-based cogeneration projects against the imposition of cross subsidy surcharge for self-consumption of power. Shri ...
India’s Solar Market Share Leaders for First Half of 2018 Revealed

EBRD and Green Climate Fund to Lend $73.5 Million to Kazakhstan’s 100 MW Solar Project

The European Bank for Reconstruction and Development (EBRD) has signed an agreement with a German company, Joachim Goldbeck Holding GmbH,  to develop a 100 MW solar project in the Karaganda region ...
Decrease in Cost of Solar by 50% can Increase Solar Penetration by 8 Times: NITI Aayog

African Development Bank Approves $220 Million Loan for a Solar Project in South Africa

The African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion (~$220.3 million) to the 100 MW Redstone concentrated solar power project. The project is located in the ...
Tender Issued for 2 MW of Rooftop Solar Projects at Mumbai Monorail Stations and Sites

Tender Issued for 2 MW of Rooftop Solar Projects at Mumbai Monorail Stations

The Mumbai Metropolitan Region Development Authority (MMRDA) has tendered 2 MW of rooftop solar photovoltaic (PV) projects to be developed atop Mumbai monorail stations and sites. The bid-submission deadline is ...
Dispute Over One Day Commissioning Delay Causes 30% Solar Tariff Reduction in Karnataka

MNRE Asks Lenders to Insist on BIS Certification of Solar Modules Rather than Tier-1 List

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum concerning the importance of following BIS certification when it comes to quality of solar photovoltaic (PV) modules.  According to ...
Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra

Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra

The Maharashtra Electricity Regulatory Commission (MERC) has approved power sale agreements (PSAs) for grid-connected solar photovoltaic (PV) projects totaling 302 MW under the Mukhyamantri Saur Krishi Yojana. MERC was reviewing ...
Ceiling Tariff of ₹3.10/kWh Set for Maharashtra’s Solar Agricultural Feeder Program

Month in a Minute: Notable Renewable Energy and Solar News from India in November 2018

November 2018 witnessed some key announcements in the Indian renewable sector. Indian solar imports spiked considerably in the third quarter (Q3) of calendar year (CY) 2018. According to the latest ...
Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

Winning Tariffs Hover Around ₹3.02-3.08/kWh in Uttar Pradesh’s 550 MW Solar Auction

The National Thermal Power Corporation (NTPC) emerged as the lowest (L1) bidder in the auction conducted by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 550 MW ...
Airports Authority of India Floats Tender for 1 MW Solar Project at Vijayawada Airport

Airports Authority of India Floats Tender for Electrical Work of 1 MW Solar Project at Vijayawada Airport

The Airports Authority of India (AAI) is on the lookout for a contractor to do the electrical work for a 1 MW grid-connected solar photovoltaic (PV) project at Vijayawada Airport. The bid-submission ...
ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India

World Bank Pledges $200 Billion to Combat Climate Change

Global financial institution World Bank has pledged a corpus of $200 billion for climate action over a five-year period. The World Bank has set this corpus to meet climate targets set by ...
Karnataka Exempts Rooftop Solar Projects below 1 MW from CEIG Clearance

Tender Announced for 35 MW of Rooftop Solar Projects in Delhi

Delhi’s Indraprastha Power Generation Co. Ltd. (IPGCL) has issued a tender for 35 MW of grid-connected rooftop solar projects in Delhi under the Mukhyamantri Solar Power Program. Project developers, technology ...