LATEST NEWS
US Solar Sector Employed 231,000 Workers in 2020
The U.S. solar industry employed 231,474 workers in 2020, a 6.7% drop from 2019. The dip was a direct impact of the Covid-19 pandemic restrictions and increased labor productivity. The ...
Daily News Wrap-Up: ACWA Power Closes Financing for a 100 MW CSP Project
Here are some noteworthy cleantech announcements of the day from around the world: Saudi Arabia’s energy major ACWA Power has announced the beginning of construction on the 100 MW Redstone ...
Uttar Pradesh Regulator Approves Tariff of ₹4.53/kWh for Bagasse-Based Power
The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, adopted the levelized tariff of ₹4.53 (~$0.062)/kWh for the purchase of 20 MW (+/-25%) of bagasse-based power. The Commission ...
Punjab Specifies Share of Hydropower in its Renewable Purchase Obligation Trajectory
The Punjab State Electricity Regulatory Commission (PSERC) has invited comments, suggestions, and objections to the staff paper for revising the renewable purchase obligation (RPO) regulations to factor in hydropower purchase ...
Project Finance Brief: Lightsource bp Acquires 156 MW Solar Projects in Italy
Lightsource bp, a solar project developer, acquired three projects from Horizon Firm, a developer specialized in solar, totaling 156 MW, across the country. Two of the projects are based in ...
EDITORS' PICKS
Renewables to Gain 40% Share of $250 Billion Power Investments in MENA by 2025
In a recently published report, the Saudi Arabia-based Arab Petroleum Investments Corporation (APICORP) has predicted that the Middle East and North Africa (MENA) energy sector will receive investments worth $805 ...
Funding and M&A Roundup: Battery Company Solid Power Raises $130 Million
Solid Power, producer of all-solid-state batteries for electric vehicles, raised a $130 million Series B investment round led by the BMW Group, Ford Motor Company, and Volta Energy Technologies. Ford ...
Haryana Imposes Charges and Caps on Renewable Energy Banking
The Haryana Electricity Regulatory Commission (HERC) has issued regulations for establishing tariffs from renewables, renewable purchase obligation (RPO), and renewable energy certificate (REC) for the financial year (FY) 2021-22 to ...
Daily News Wrap-Up: Enel Green to Build a 1.5 GW Solar Hybrid Project With Battery Storage
Here are some noteworthy cleantech announcements of the day from around the world: Enel Green Power North America has announced construction on five new renewable energy projects in the U.S., ...
KKR’s Renewable Platform Virescent Acquires 76 MW of Solar Projects from Sindicatum
Virescent Renewable Energy Trust, a platform created by global investment company KKR to acquire renewable energy assets in India, announced that it had acquired 76 MW of solar projects from ...
Rising Sun Extends Bid Submission Deadline for 190 MW Solar EPC Tender
Rising Sun Energy, a New Delhi-based independent power producer, has extended the bid submission deadline for engineering, procurement, and construction of 190 MW grid-connected solar projects at Nokh Solar Park ...
Trade Volume of Solar in IEX’s Green Term-Ahead Market Soars in April 2021
Indian Energy Exchange (IEX) traded a record 78 MU (million units) of solar power in April, a 272% surge from the 21 MU traded in March 2021. The exchange’s real-time ...
SJVN Wins GUVNL’s 100 MW Solar Auction
SJVN Limited, a joint venture between the central government and the government of Himachal Pradesh, has won a 100 MW solar project in the Gujarat Urja Vikas Nigam Limited's (GUVNL) auction ...
Adani Green’s Total Income for FY 2020-21 Up by 34% YoY
Renewable energy company Adani Green Energy Limited (AGEL) has released its audited financial results for the financial year (FY) ended March 31, 2021. AGEL's total income for FY21 has reportedly ...
Kerala DISCOM Directed to Process Net Metering Request for a 1 MW Solar Project
The Kerala State Electricity Regulatory Commission (KSERC), in a recent order, directed the Kerala State Electricity Board (KSEB) to process Kerala Health Care’s request for the connectivity of 1 MW ...
MSEDCL Issues Tender to Procure Power from 500 MW of Solar Projects
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) had invited bids to procure power from 500 MW of interstate or intrastate grid-connected solar projects on a long-term basis. The last ...
Daily News Wrap-Up: EDF Renewables Bags Three Solar Projects in the US
Here are some noteworthy cleantech announcements of the day from around the world: EDF Renewables North America has been awarded three contracts for solar projects in New York. Awarded by ...
Upgrade a Grid-Tied Solar PV System to an Energy Storage System
In recent years, residential energy storage systems have become increasingly popular, especially in the United States, South Africa, Australia, and across Europe. The primary reasons for this trend include: Extreme ...
DISCOM Dues to Renewable Generators Slide to ₹120.25 Billion in March 2021
Distribution companies (DISCOMs) owed ₹120.25 billion (~$1.62 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 283 pending invoices at the end of March 2021, according to ...
Meghalaya Issues Tenders to Empanel Installers of Renewable Energy Projects
The Government of Meghalaya has invited bids to empanel firms for the design, engineering, and installation of hydro, solar, wind, and biomass projects in the state. The projects will be ...
SECI Amends 1,785 MW Solar Tender in Rajasthan, Extends Bid Submission Deadline
The Solar Energy Corporation of India (SECI) has revised the bid submission deadline for the 1,785 MW of solar tender (Tranche IV) floated for Rajasthan. The tender was initially issued ...
Supreme Court Upholds APTEL’s Order on Commissioning Delay of Solar Projects
In an important development, the Supreme Court of India upheld the judgment of the Appellate Tribunal for Electricity (APTEL), in which it had set aside the orders passed by the ...
Bids Invited to Set Up Solar Cold Storage Rooms Across Andhra Pradesh
The Agricultural Marketing Department, Government of Andhra Pradesh, has invited bids to install 112 grid-connected solar cold storage rooms across the state. The last date to submit the bids online ...
SEIA Devises Tool to Increase Solar Supply Chain Transparency
U.S.-based Solar Energy Industries Association (SEIA) has come up with a tool to increase supply chain transparency. The mechanism is likely to help ensure that all solar components are made ...
LONGi, Jinko, and Adani: Top Solar Module Suppliers to India in 2020
In the calendar year (CY) 2020, the top ten module suppliers accounted for nearly 68% of the market share. LONGi Solar, Jinko Solar, and Adani Solar were the top three ...
