LATEST NEWS
India’s Offshore Wind Target Unfeasible, Says GWEC Report
The latest ‘Global Offshore Wind Report 2020’ published by the Global Wind Energy Council (GWEC) has expressed its apprehensions on India meeting its offshore and onshore wind energy targets by ...
Tender Reissued for a 25 MW Floating Solar Power Project in Madhya Pradesh
NHDC Limited, a joint venture between NHPC Limited and Madhya Pradesh government, has invited fresh bids for a 25 MW floating solar power project. The tender has been floated for ...
Assam Releases Tender to Procure 50 Electric Buses
The Assam State Transport Corporation (ASTC) has issued a request for proposal to supply 50 electric buses in the state. Interested bidders are expected to make an earnest money deposit ...
Over ₹300 Billion Released by REC Under DISCOMs’ Liquidity Package
REC Limited, formerly called the Rural Electrification Corporation Limited, reported that it had sanctioned over ₹300 billion (~$4 billion) to distribution companies (DISCOMs) in the country as of July 31, ...
DISCOM Dues to Power Generators Mount to ₹101 Billion At the End of June
The distribution companies (DISCOMs) owed renewable generators ₹101.11 billion (~$1.3 billion) in overdue payments (excluding dues under dispute) spread across 544 invoices at the end of June 2020, according to ...
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Gujarat Set to Amend Regulations for Renewable Purchase Obligation
The Gujarat Electricity Regulatory Commission (GERC) has proposed amendments to its regulations to procure energy from renewable sources. Background As per the proposed amendments, biogas has been brought under the ...
Himachal Pradesh Reduces Subsidies Offered to Domestic Power Consumers
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has reduced the subsidies offered to domestic power consumers by increasing the effective tariffs. The revised tariffs provide clarity on the tariffs determined ...
EIB to Provide $12.5 Million to ENGIE to Set Up Off-Grid Solar Systems in Uganda
The European Investment Bank (EIB) announced that it would provide $12.5 million to solar system installer Fenix International, a subsidiary of ENGIE, to accelerate installations of off-grid solar systems in ...
BHEL Issues Tender for Battery Energy Storage Systems at Three Locations in Delhi
Bharat Heavy Electricals Limited (BHEL) has floated a tender for 410 kWh/415 kW of battery energy storage systems (BESS) at three sites in Delhi. The scope of work includes planning, ...
SECI Seeks to Encash Bank Guarantee for a Delayed Wind Project, Developer Files Petition
ReNew Wind Energy (TN) Private Limited, a subsidiary of ReNew Power, has filed a petition with the Central Electricity Regulatory Commission (CERC) asking it to issue orders restraining the Solar Energy ...
EESL to Empanel Consultants for Solar Projects in Eastern and Northeastern States
The Energy Efficiency Services Limited (EESL) has invited bids to empanel consultants for a detailed project report (DPR) for solar power projects in West Bengal, Bihar, Jharkhand, and northeastern states ...
Delhi Announces New EV Policy, Proposes Incentives Up to ₹150,000 for Electric Cars
The Delhi government has issued the Delhi Electric Vehicle Policy, 2020, to boost the adoption of electric vehicles (EVs) in the national capital following the unsatisfactory results of the central ...
World Bank Grants $300 Million to Promote Electricity Trade in West Africa
The World Bank announced that it would provide $300 million (~₹22.50 billion) to the International Development Associations (IDA) to accelerate reforms to promote electricity trade in West Africa. The grant ...
Deutsche Bank to End Lending for Coal Mining by 2025
The Deutsche Bank has tightened its ‘Fossil Fuels Policy,’ which provides for a stricter framework when dealing with business activities involving coal, oil, and gas. The bank is likely to ...
CERC Releases Blueprint for ISTS Connectivity of Renewable Projects
The Central Electricity Regulatory Commission (CERC) has issued a detailed procedure for granting connectivity to renewable projects to the interstate transmission system (ISTS). This procedure will apply to central transmission ...
REIL Tenders for 600,000 Multicrystalline Solar Cells from Domestic Manufacturers
Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has issued a notice inviting tender (NIT) for 600,000 multicrystalline solar ...
Determining Commercial Operation Date Essential for Wheeling Agreement for Renewables
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has ordered Amplus Green Power Limited to submit generation data to the state load despatch center (SLDC) to determine the date of commercial ...
ABB to Build a Manufacturing Facility in Italy to Meet Global Demand for EV Chargers
Switzerland-based ABB announced that it had invested $30 million (~₹2.25 billion) to construct its new manufacturing facility in San Giovanni Valdarno, Italy. In its press statement, ABB said that the ...
French Solar Developer Technique Solaire Raises $29 Million to Expand its Portfolio
Technique Solaire, a France-based solar developer, announced that it had raised €25 million (~$29.3 million) from its partners Bpifrance and Crédit Agricole Group. This marks the second round of funding for the company ...
Funding and M&A Roundup: ChargePoint Secures $127M, First Solar Sells NA O&M Business
Here are some of the important funding and M&A updates of last week from the global renewable energy industry: Mumbai-based early-stage VC Unicorn India Ventures has announced its fourth investment ...
Actis Acquires 400 MW of Solar Projects from ACME
UK-based investor Actis has completed the acquisition of two solar projects with a total capacity of 400 MW from ACME Solar Holdings Limited. The deal is expected to be valued ...
News Wrap-Up: Meyer Burger Buys SolarWorld’s Plant, BP to Build 50 GW of Renewables
Here are some noteworthy cleantech news and announcements from the around the world week: Meyer Burger, a Switzerland-based engineering company, announced that it had secured new locations to set up ...
ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland
Solar developer ReneSola Power announced that it had raised €10.64 million (~$12 million) through bridge funding from Eiffel Energy Transition Fund to construct 19 MW of solar projects in Poland. ReneSola ...
Andhra Commission Seeks Data from Load Despatch Center to Justify DSM Amendments
The Andhra Pradesh Electricity Regulatory Commission (APERC) has written to the Andhra Pradesh State Load Despatch Center (APSLDC), asking it to submit relevant and necessary data to help justify the ...
Tamil Nadu Commission Asks DISCOM to Pay Interest Dues to Two Wind Generators
The Tamil Nadu Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Generation and Distribution Company (TANGEDCO) to make payments to two wind generators claiming interest dues against the power ...
