LATEST NEWS
NLC India Ups Green Power Generation Capacity by 39% in 2020-21
NLC India Limited (NLCIL), a public sector undertaking engaged in coal mining and power generation, has increased its green power generation by 39% and mining capacity by 66%. The company ...
Daily News Wrap-Up: Tata Power-DDL Introduces Narrow Band IoT’ in Smart Meters
Here are some noteworthy cleantech announcements of the day from around the world: After successfully installing 2.3 Lakh smart meters on RF technology, Tata Power Delhi Distribution (Tata Power-DDL) has ...
Project Finance Brief: BayWa r.e. Secures Loan of $216 Million for a 200 MW Solar Project
Independent solar power producer Azure Power Global has announced that it had signed a binding agreement to sell its non-core rooftop solar portfolio to Radiance Renewables for ₹5.36 billion (~$73.5 ...
Funding and M&A Roundup: BlackRock Real Assets Raises $4.8 Billion to Fund Renewables
BlackRock Real Assets has achieved a $4.8 billion final close of Global Renewable Power Fund III (GRP III) with commitments from over 100 institutional investors, including leading public and private ...
Over 260 GW of Renewables Added Globally in 2020, Beating the Previous Record by 50%
According to data released by the International Renewable Energy Agency (IRENA), the world added more than 260 GW of renewable energy capacity in 2020, according to data released by the ...
EDITORS' PICKS
L&T Construction Bags EPC Order to Set Up 1.5 GW Solar PV Project in Saudi Arabia
The renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey engineering, procurement, and construction (EPC) contract from the consortium of ACWA Power and the ...
Gujarat Issues EPC Tender for 112 MW of Grid-Connected Solar Projects
The Gujarat State Electricity Corporation Limited (GSECL) has invited bids for the design, engineering, supply, procurement, and construction of 112 MW grid-connected solar power projects ranging from 10 MW to ...
Solar Will Lead All Power Generation in the Coming Decades
The Mercom India Solar Summit 2021 kicked off on April 8, 2021, with the session 'Keynote-State of Indian Solar market,' led by Priya Sanjay, Managing Director, Mercom India, and Raj ...
Daily News Wrap-up: ReNew Power Commissions a 110 MW Solar Project in Rajasthan
Here are some noteworthy cleantech announcements of the day from around the world: Nebras Power has taken a controlling stake in six companies operating Ukraine’s solar power projects through UDP ...
PLI Program: Higher the Efficiency of Solar Modules, Higher the Incentive
The Covid-19 pandemic and the subsequent nationwide lockdown capped off a turbulent 2020 for the Indian solar sector. The pandemic affected the solar supply chain and brought the solar industry ...
Deferring New Solar Bids Until Backlog of Unsigned PSAs is Cleared the Way Forward
Deferring new bids until the backlog of unsigned power sale agreements (PSAs) with the distribution companies (DISCOMs) is cleared by the Solar Energy Corporation of India (SECI) may be the ...
ReNew Power Pledges to Achieve Net-Zero Emissions by 2050
ReNew Power, India-based renewable energy company, has announced its commitment towards attaining net-zero greenhouse gas emissions by 2050. The company aims to help address the global climate crisis and lead ...
Gujarat Floats Tender for 200 MW of Solar Projects at Dholera Solar Park
The Gujarat State Electricity Corporation Limited (GSECL) has invited bids for the design, supply, procurement, and construction of 4 X 50 MW grid-connected MW solar power projects at the Dholera ...
IEX’s Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021
Driven by an increasing electricity demand across Indian states, the electricity market at the Indian Energy Exchange (IEX) witnessed an all-time high volume of 8,249 million units (MU) in March ...
Daily News Wrap-Up: Hydrogen Market Revenue Is Expected to Surpass $300 Billion by 2027
Here are some noteworthy cleantech announcements of the day from around the world: The global hydrogen market revenue is expected to surpass $300 billion by 2027, as reported in the latest study ...
Adani Electricity Gives Mumbai Consumers Guilty of Dirty Coal Option to Switch to Green Energy
In a bid to transition Mumbai towards green energy, Adani Electricity Mumbai Limited (AEML), the city’s largest electricity distributor, is launching a program to give consumers the flexibility to set ...
Production-Linked Incentive Program for Solar Cells and Modules Approved
The Union Cabinet has approved the Ministry of New & Renewable Energy's (MNRE) proposal for the implementation of the Production Linked Incentive (PLI) program for the 'National Program on High-Efficiency ...
Tata Power Solar Doubles Cells, Modules Manufacturing Capacity to 1,100 MW
Tata Power Solar has announced the expansion of its manufacturing unit in Bengaluru, taking the total production capacity of cells and modules to 1,100 MW. The latest expansion move has ...
Maharashtra Sets Generic Tariff of ₹2.90/kWh for Rooftop Solar Projects
The Maharashtra Electricity Regulatory Commission (MERC) has set ₹2.90 (~$0.039)/kWh as the generic tariff for surplus power procured at the end of the financial year from rooftop solar projects for ...
Madhya Pradesh Floats Tender for 41 MW of Grid-Connected Rooftop Solar Projects
The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids to select solar developers to implement 41 MW of grid-connected rooftop solar projects at various locations in the state ...
US Calls for Countervailing Duty on Indian Wind Energy OEMs
The International Trade Administration (ITA), under the United States Department of Commerce, has recommended the imposition of countervailing duty (CVD) against wind energy equipment manufacturers from India and Malaysia. The ...
The Role of DISCOMs in India’s Transition to a Clean Energy Regime
Distribution companies (DISCOMs) should ideally be at the forefront of fulfilling the country's clean energy commitments. However, DISCOMs have remained the weakest link in India's power system. The poor financial ...
Access to Solar Project Finance is Key to Achieving India’s Ambitious Targets
India has taken significant strides towards transitioning to clean energy by tapping renewable sources. However, the mobilization of funds to meet India's clean energy commitments presents a formidable challenge. India ...
Daily News Wrap-Up: Flipkart Ties Up with Mahindra Logistics to Accelerate EV Deployment
Here are some noteworthy cleantech announcements of the day from around the world: Flipkart announced that it has partnered with Mahindra Logistics Limited, one of its key logistics partners, to ...
Where is the Solar Market Headed: Changing Face of the Indian Solar Sector
The Covid-19 pandemic and the resultant nationwide lockdown capped off a turbulent 2020 for the Indian solar sector. The pandemic affected the solar supply chain and brought the solar industry ...