LATEST NEWS
ADB to Provide $12.2 Million Financing for Renewable Projects in Africa’s Tonga
The Asian Development Bank has announced that it will provide a $12.2 million financing for renewable energy projects under the Pacific Renewable Energy Investment Facility. This facility was approved by ...
Kuwait-Saudi Consortium Wins 500 MW Solar Project in Oman
A consortium of Kuwait and Saudi Arabian companies has won the bid to develop 500 MW of large utility-scale solar independent power projects (IPP) located at Ibri in Oman, according ...
Government Proposes Customs Duty Hike on EV Parts to Incentivize Domestic Manufacturing
The Indian government recently notified the implementation of ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ with a total budget outlay of ₹100 ...
EXIM Bank Approves $83 Million Loan for Financing of 35 MW of Solar Projects in Congo
The Export-Import Bank of India (EXIM Bank) has approved $83.11 million financing for the installation of three solar projects in the Democratic Republic of the Congo with a total capacity ...
In a Boost to India’s EV Segment, Hyundai and Kia to Invest $300 Million in Ola
Carmakers Hyundai Motors and Kia Motors have announced that they are going to invest to the tune of $300 million in cab aggregation service provider Ola. This is their largest ...
EDITORS' PICKS
Delhi Commission Approves PSA Between SECI and Tata Power for 50 MW of Wind Projects
The Delhi Electricity Regulatory Commission (DERC) has approved a power sale agreement (PSA) signed between the Solar Energy Corporation of India (SECI) and Tata Power Delhi Distribution Limited (TPDDL) for ...
Panasonic Installs Electric Vehicle Charging Station at BSES Head Office in Delhi
Panasonic, a global technology company has collaborated with BSES Yamuna Power Limited to set up an electric vehicle charging station at their New Delhi head office. This pilot facility will ...
Maharashtra Issues Draft First Amendment to its Open Access Regulations
Open Access market once attractive is now almost dead according to many in the industry. Policies get announced regularly followed by constant amendments leading to a final draft that looks ...
ADB to Invest $50 Million in Avaada Energy for Expansion of Solar Projects in India
The Asian Development Bank (ADB) has announced that it will invest $50 million in Indian renewable energy independent power producer Avaada Energy Private Limited. Avaada aims to use the capital ...
MERC Rejects Plea to Allow Open Access Facility and Banking of Power from a Solar Project
The Maharashtra Electricity Regulatory Commission (MERC) has rejected a petition filed by Shree Cement requesting amendments to Distribution Open Access Regulations, 2016 and allowing the use of open access facility ...
Tender Announced for 7 MW of Solar Projects in West Bengal’s Durgapur
Of late, the West Bengal Renewable Energy Development Agency (WBREDA) has issued several tenders for the expansion of solar in the state, with the latest tender calling for the development ...
Maharashtra Exempts Agencies from Scheduling and Forecasting Charges for Solar and Wind
The Maharashtra Electricity Regulatory Commission (MERC) has exempted renewable energy qualified coordinating agencies (QCAs) for meter reading, data collection, and communication from paying scheduling and forecasting charges. However, the initial ...
Sri Lanka to Develop 28 Small Solar Power Projects
Sri Lanka will develop 28 small solar power projects in its north-central and eastern regions. The proposal was recently approved by the Cabinet of Ministers who gave consent to the development ...
Maharashtra Commission Allows Grid Connectivity to 1.36 MW Rooftop Solar Project
The Maharashtra Electricity Regulatory Commission (MERC) has allowed a 1.36 MW rooftop solar project the required connectivity to the grid. The MERC was responding to a petition filed by Supreme Industries ...
Madhya Pradesh Announces RESCO Tender for 25 MW of Rooftop Solar Projects
The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has announced a tender for 25 MW of grid-connected rooftop solar photovoltaic (PV) projects to be developed under RESCO mode. The bid ...
Cross-Border Power Trading Can be the New Frontier for Solar Growth
In the last month of 2018, the Ministry of Power (MoP) issued new guidelines for the import and export of electricity and power trading with neighboring countries, replacing its previous guidelines issued ...
Another Bid Deadline Extension for SECI’s 3 GW Solar Tender with Manufacturing
The Solar Energy Corporation of India (SECI)’s solar PV tender coupled with manufacturing component has been extended again. The agency has now extended the bid submission deadline to April 4, ...
2 GW of Solar Projects Tendered Under Second Phase of Government’s CPSU Program
The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the setting up of 2,000 MW of grid-connected solar PV power projects (Tranche-I) under the ...
India Needs to Spend $39 Billion on Transmission Infrastructure Revamp
India is one of the fastest growing economies in the world with increasing power demand in the coming years. Historically, the country has also been a power deficit with millions ...
Rajasthan Amends Regulations for REC and RPO Compliance Framework
The Rajasthan Electricity Regulatory Commission (RERC) has issued new amendments to its regulations on renewable energy certificate and renewable purchase obligation compliance framework passed in 2010. The new regulations will ...
With Only 4% Green Buildings, India Suffers from Tech and Funding Barriers: Survey
India has only four percent of the building that can be classified as ‘green,’ according to a smart cities indicator survey conducted by Ireland-based multinational, Johnson Controls. However, 38 percent ...
NTPC Issues O&M Tender for Power Evacuation System of Solar Projects in Madhya Pradesh
The National Thermal Power Corporation (NTPC) has issued a tender for the operation and maintenance (O&M) of power evacuation system of Rajgarh solar project for two years. The Rajgarh solar ...
Himachal Pradesh Issues Draft Order on Net Metering for Rooftop Solar Systems
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued a draft order for rooftop solar grid-interactive systems based on net metering. The Order is called the Himachal Pradesh Electricity Regulatory Commission ...
MSEDCL May Procure Wind Power from Projects with Expired Agreements to Fulfil its RPO
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) seeking its approval to procure power from wind projects whose energy purchase ...
World Bank Commits $22.5 Billion to Scale Up Climate Action in Africa
The World Bank has committed $22.5 billion to Africa for climate adaptation and mitigation in the next five years. The funding is part of the World Bank’s 2025 target to accelerate ...
