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U.S. Department of Energy Aims to Increase Community Solar Installations by 700%

U.S. Department of Energy Aims to Increase Community Solar Installations by 700%

The U.S. Department of Energy (DOE) announced a new National Community Solar Partnership (NCSP) target to enable community solar systems to power the equivalent of five million households by 2025 ...
Grasim to Procure Additional Power from ReNew’s Captive Wind-Solar Hybrid Project

Grasim to Procure Additional Power from ReNew’s Captive Wind-Solar Hybrid Project

Grasim Industries Limited, the textile arm of the Aditya Birla Group, has signed a supplemental share subscription agreement with ReNew Green Energy Solutions and ReNew Surya Uday. The company plans ...
/ / Commercial, Solar
Technique Solaire Acquires a 34 MW Solar Project from Jakson Group

Technique Solaire Acquires a 34 MW Solar Project from Jakson Group

France-based solar developer Technique Solaire has acquired a 34 MW ground-mounted solar project in Uttar Pradesh from the Jakson Group and businessman Ravi Goyal. With this acquisition, Technique Solaire's operational solar capacity in India ...
ENEOS to Acquire 100% Stake in Japan Renewable Energy for ¥200 Billion

ENEOS to Acquire 100% Stake in Japan Renewable Energy for ¥200 Billion

ENEOS Holdings, an oil refiner and distributor, based in Japan, announced that its consolidated subsidiary ENEOS Corporation would acquire a 100% stake in Japan Renewable Energy Corporation (JRE) for ¥200 ...
/ / Finance and M&A, Other
Asian Development Bank Increases its Climate Financing Target to $100 Billion by 2030

Asian Development Bank Increases its Climate Financing Target to $100 Billion by 2030

The Asian Development Bank (ADB) announced that it had raised its climate financing targets for developing member countries to $100 billion from $80 billion for 2019- 2030. The expanded climate ...

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Daily News Wrap-Up: European Union Issues its First-Ever NextGenerationEU Green Bond

Daily News Wrap-Up: European Union Issues its First-Ever NextGenerationEU Green Bond

Here are some noteworthy cleantech announcements of the day from around the world: The European Union has issued its first-ever NextGenerationEU green bond. The 15-year bond due on February 4, ...
Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean energy platform WattBuy has announced a $10 million expansion of their Series A raise, led by SE Ventures, a venture capital fund backed by Schneider Electric, along with My ...
/ / Finance and M&A, Solar
Tariff of ₹2.28/kWh Set for KUSUM Solar Pump Program in Tamil Nadu

Tariff of ₹2.28/kWh Set for KUSUM Solar Pump Program in Tamil Nadu

The Tamil Nadu Electricity Regulatory Commission (TNERC), in a recent order, adopted a tariff of ₹2.28 (~$0.030)/kWh for the solar energy generated from 20,000 agricultural pumps under Component-C of the ...
Karnataka Electricity Regulator Denies Captive Status to a Wind Project

Karnataka Electricity Regulator Denies Captive Status to a Wind Project

The Karnataka Electricity Regulatory Commission (KERC) has rejected a petition submitted by a wind power company seeking captive power project status for the financial year (FY) 2017-18. The Commission directed ...
/ / Markets & Policy, Wind
Deviation Settlement Mechanism Implementation Begins in Maharashtra

Deviation Settlement Mechanism Implementation Begins in Maharashtra

The Maharashtra Electricity Regulatory Commission (MERC) has passed an order to resolve multiple issues relating to the commercial implementation of the Deviation Settlement Mechanism (DSM) Regulations. The Commission notified that ...
/ / Grid, Market & Policy
Tata Motors to Raise $1 Billion for its Passenger Electric Vehicle Subsidiary

Tata Motors to Raise $1 Billion for its Passenger Electric Vehicle Subsidiary

TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, and Abu Dhabi Developmental Holding Company (ADQ) have entered into a binding agreement to invest ₹75 billion ...
Maharashtra Regulator Denies Tariff of ₹3.27kWh for a 100 MW Wind Project

Maharashtra Regulator Denies Tariff of ₹3.27/kWh for a 100 MW Wind Project

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, rejected Tata Power-Distribution’s petition to adopt a tariff of ₹3.27 (~$0.043)/kWh for a 100 MW wind project. The Commission said ...
/ / Other, Wind
Railways Tenders Grid-Connected and Rooftop Solar Projects

Railways Tenders Grid-Connected and Rooftop Solar Projects

The Ministry of Railways (MoR) has issued two tenders inviting bids to set up a 1,160 kW grid-connected solar project for Konkan Railways and rooftop solar installations on seven railway ...
Daily News Wrap-Up MYSUN Wins 140 MW of Captive Open Access Solar Projects

Daily News Wrap-Up: MYSUN Wins 140 MW of Captive Open Access Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: Distributed solar company MYSUN has won 140 MW of solar projects under the captive open access mode ...
Oorja Raises $1 Million in Seed Funding for Agri Solar Solutions

Oorja Raises $1 Million in Seed Funding for Agri Solar Solutions

Oorja Development Solutions, a Delhi-based off-grid solar services provider, said it had secured $1 million in seed funding from Schneider Electric Energy Access Asia (SEEAA). The company will utilize the ...
Tata Power Receives Letter of Award to Develop 100 MW of Solar Projects in Maharashtra

Tata Power Receives Letter of Award to Develop 100 MW of Solar Projects in Maharashtra

Tata Power Solar, a wholly-owned subsidiary of Tata Power, has received a Letter of Award (LoA) to develop 100 MW of distributed ground-mounted solar projects in Maharashtra for Energy Efficiency Services ...
Additional Surcharge for Open Access Consumers Increased by 72% in Uttarakhand

Additional Surcharge for Open Access Consumers Increased by 72% in Uttarakhand

The Uttarakhand Electricity Regulatory Commission (UERC) has set the additional surcharge payable by consumers availing power through open access at ₹1.94 (~$0.026)/kWh. The charges will be applicable from October 1, ...
/ / Markets & Policy, Solar
AEP Energy Issues Tender to Buy Power from Solar, Wind, Storage Projects in the PJM Market

AEP Energy Issues Tender to Buy Power from Solar, Wind, Storage Projects in the PJM Market

AEP Energy Partners (AEPEP), a subsidiary of American Electric Power, has issued a request for proposal (RfP) to procure power from new or repowered wind and solar plants and battery ...
Power Ministry Mandates Quarterly Energy Audits by DISCOMs to Reduce T&D Losses

Power Ministry Mandates Quarterly Energy Audits by DISCOMs to Reduce T&D Losses

The Ministry of Power (MoP) has directed power distribution companies (DISCOMs) to undertake energy accounting periodically to develop a comprehensive energy accounting system to quantify distribution losses. The Bureau of ...
/ / Grid, Market & Policy
Rajasthan Electronics Invites Bids for 1 Million Mono or Multicrystalline Solar Cells

Rajasthan Electronics Invites Bids for 1 Million Mono or Multicrystalline Solar Cells

The Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has invited bids for the supply of 1 million monocrystalline ...
RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round

RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round

Solar battery network startup RedEarth Energy Storage has raised AU$12 million (~$8.82 million) in a pre-IPO round led by Ord Minnett Private Opportunities. The company plans to use the funds ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: EDF and NTPC to Develop Power Projects Globally

Daily News Wrap-Up: EDF and NTPC to Develop Power Projects Globally

Here are some noteworthy cleantech announcements of the day from around the world: Independent power producers, Électricité de France S.A. and NTPC, signed a memorandum of understanding (MoU) to explore ...
EPC Tenders Issued for 20 MW of Solar Projects in West Bengal

EPC Tenders Issued for 20 MW of Solar Projects in West Bengal

The West Bengal Power Development Corporation (WBPDCL) has issued a notice inviting tender (NIT) from engineering, procurement, and construction (EPC) contractors to set up two 10 MW grid-connected ground-mounted solar ...
Jubilant Ingrevia to Buy Solar Power from AMP Energy's 15.5 MW Open Access Project

Jubilant Ingrevia to Buy Solar Power from AMP Energy’s 15.5 MW Open Access Project

Jubilant Ingrevia, a Noida-based integrated life sciences company, has signed an agreement with AMP Energy C&I Private Limited, a wholly-owned subsidiary of AMP Energy, to acquire a 26.6% stake in ...
Three Cogeneration Projects in Odisha Exempted from Renewable Purchase Obligation

Three Cogeneration Projects in Odisha Exempted from Renewable Purchase Obligation

The Odisha Electricity Regulatory Commission (OERC) has ruled in favor of three captive power generating projects and exempted them from renewable purchase obligation (RPO) compliance if the consumption from the ...