Kakatiya Energy Systems to Play Bigger Role in Smart City Projects: Interview
Several state governments, municipal corporations, and gram panchayats across India have increasingly opted for energy-efficient outdoor lighting systems, including LED lamps and solar lanterns. As recently as May this year, ...
Clean Energy Platform Arcadia Raises $100 Million in Series D Funding
Arcadia, a clean energy platform that connects homeowners to clean energy programs in the United States, has secured $100 million in funding. The Series D funding round was led by ...
Project Finance Brief: 1.8 GW Vineyard Wind Offshore Project Closes $2.3B in Financing
From: Mercom Capital Group Amp Power Australia, the Australian operating company of global clean energy project developer Amp Energy, closed project financing for its 120 MW Hillston Solar Farm in New South Wales, ...
Funding and M&A Roundup: Energy Analytics Company Bidgely Raises $26 Million
From: Mercom Capital Group EnerVenue, an energy storage solutions company providing metal-hydrogen batteries, announced that it had raised $100 million in Series A funding. Schlumberger New Energy led the round, ...
Daily News Wrap-Up: Rosatom to Build 3 GWh Li-ion Battery Manufacturing Plant
Here are some noteworthy cleantech announcements of the day from around the world: Russian state-owned Rosatom State Nuclear Energy (Rosatom) has announced it will build its 3 GWh lithium-ion battery ...
Decrease in Solar Module Shipments Pull Jinko’s Revenue Down by 6% YoY in Q2 2021
Chinese solar module and cell manufacturer JinkoSolar has reported a 6.2% year-over-year (YoY) decline in its total revenue for the second quarter (Q2) of 2021. The total revenue declined to RMB 7.93 ...
Tamil Nadu to Purchase 1,000 MW of Solar from SECI at ₹2.61/kWh
The Tamil Nadu Electricity Regulatory Commission (TNERC), in a recent order, approved the tariff of ₹2.61 (~$0,036)/kWh, including the trading margin of ₹0.07 (~$0.0009)/kWh, for procuring 1,000 MW of solar ...
Generic Tariff of ₹3.51/kWh Proposed for Small Solar Projects Under KUSUM Program
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued a draft to determine the feed-in-tariff (FiT) for decentralized solar projects with 500 kW to 2MW capacity. These projects come under ...
Indian Railways Issues Tender to Empanel Consultants for Solar Projects
The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited, has issued a notice inviting tender (NIT) to enroll agencies or consultants to set up ...
Power Finance Corporation Issues India’s First-Ever Euro-Denominated Green Bond
Power Finance Corporation Ltd (PFC), a financial institution under the Ministry of Finance, issued its maiden Euro Green Bond of £300 million (~$353 million) under the U.S. Global Medium Term ...
Daily News Wrap-Up: POWERGRID Infuses ₹4.07 Billion in EESL
Here are some noteworthy cleantech announcements of the day from around the world: Power Grid Corporation of India, an Indian State-owned electric utility, has infused ₹4.07 billion (~$55.35 million) in ...
Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh
The tariff of ₹2.92 (~$0.04)/kWh discovered in the manufacturing-linked solar projects auction held in January last year has now been reduced to ₹2.54 (~$0.034)/kWh. Adani Green Energy (AGEL) and Azure ...
EnerVenue Secures $100 Million for its Metal-Hydrogen Batteries
US-based renewable storage battery manufacturer EnerVenue has raised $100 million in Series A funding led by Schlumberger New Energy. EnerVenue is said to be the first company to bring metal-hydrogen batteries to the ...
BHEL Commissions NTPC’s 25 MW Floating Solar Photovoltaic Project in Andhra Pradesh
Bharat Heavy Electricals Limited (BHEL) has commissioned the 25 MW floating solar photovoltaic (PV) project at NTPC’s site in Simhadri, Andhra Pradesh. BHEL claims it has designed a complex module ...
State Transmission Utility to Compensate Solar Project Developer for Generation Losses
The Karnataka Electricity Regulatory Commission (KERC) has directed Karnataka Power Transmission Corporation (KPTCL) to compensate a solar project developer for generation losses. KPTCL is directed to pay compensation at ₹4.43 ...
Haryana Electricity Regulator to Revisit Multi-Year Tariff Regulations, 2019
The Haryana Electricity Regulatory Commission (HERC), has announced that it would prepare a consultation paper to revisit the Multi-Year Tariff (MYT) Regulations, 2019. It would place the consultation paper in ...
Niger Invites Bids to Develop a 50 MW Solar Project
The Ministry of Petroleum, Energy, and Renewable Energies of the Republic of Niger has floated a tender to develop a 50 MW solar project. The project will be located at ...
Tender Floated for 7,000 Monocrystalline or Mono PERC Solar Modules
Rajasthan Electronics and Instruments (REIL) has invited bids for contract manufacturing of 7,000 monocrystalline or mono passivated emitter and rear cell (mono PERC) solar modules. The modules should have a ...
DISCOMs Owed Renewable Generators ₹146 Billion at the End of August 2021
Distribution companies (DISCOMs) owed ₹146.07 billion (~$1.97 billion) to renewable energy generators (excluding disputed amounts) in overdue payment across 259 invoices at the end of August 2021, according to data ...
The UK Infuses £265 Million to Support Renewable Energy Projects
The U.K. Government will infuse £265 million (~$366 million) to support renewable energy projects in the upcoming Contracts for Difference (CfD) auction. CfDs are 15-year private contracts between renewable energy ...
Solar Energy Could Account for 40% of US Electricity Supply by 2035: Report
The US Department of Energy Solar Energy Technologies Office (SETO) and the National Renewable Energy Laboratory (NREL) have released the Solar Futures Study, which states that solar could account for ...
India to Contribute 20% of the Global Renewables Deployment Target for 2030: BRICS Report
The latest BRICS Energy Technology Report 2021 states that India will account for one-fifth (20%) of the global renewable energy deployment target for 2030. Solar and wind power generation has been ...
Daily News Wrap-Up: APICORP Releases ESG Framework, to Invest $1 Billion in Green Energy
Here are some noteworthy cleantech announcements of the day from around the world: The Arab Petroleum Investments Corporation (APICORP) unveiled its new environmental, social, and governance (ESG) policy framework to ...
DNV Issues Guidelines to Mitigate Impact of Earthquakes on Wind Power Projects
Norwegian independent energy expert and assurance provider DNV has published a recommended practice, 'Seismic Design of Wind Power Plants,' aimed at guiding developers and operators in mitigating challenges of earthquakes ...
Regulator Accords Captive Status to a Wind Project and Asks DISCOM to Refund Charges
The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled that the Green Infra Wind Power Generation owned Harapanahalli Wind Power Plant is a captive power project. The Commission ...
