Tariff of ₹2.28/kWh Set for KUSUM Solar Pump Program in Tamil Nadu
The Tamil Nadu Electricity Regulatory Commission (TNERC), in a recent order, adopted a tariff of ₹2.28 (~$0.030)/kWh for the solar energy generated from 20,000 agricultural pumps under Component-C of the ...
Karnataka Electricity Regulator Denies Captive Status to a Wind Project
The Karnataka Electricity Regulatory Commission (KERC) has rejected a petition submitted by a wind power company seeking captive power project status for the financial year (FY) 2017-18. The Commission directed ...
Deviation Settlement Mechanism Implementation Begins in Maharashtra
The Maharashtra Electricity Regulatory Commission (MERC) has passed an order to resolve multiple issues relating to the commercial implementation of the Deviation Settlement Mechanism (DSM) Regulations. The Commission notified that ...
Reliance’s Green Energy Arm to Invest $39 Million in Solar Wafer Manufacturer NexWafe
Reliance New Energy Solar, the green energy arm of Reliance Industries, will invest €25 million (~$29 million) in a Germany-based solar wafer manufacturer, NexWafe GmbH. Reliance New Energy Solar will be the ...
Tata Motors to Raise $1 Billion for its Passenger Electric Vehicle Subsidiary
TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, and Abu Dhabi Developmental Holding Company (ADQ) have entered into a binding agreement to invest ₹75 billion ...
Maharashtra Regulator Denies Tariff of ₹3.27/kWh for a 100 MW Wind Project
The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, rejected Tata Power-Distribution’s petition to adopt a tariff of ₹3.27 (~$0.043)/kWh for a 100 MW wind project. The Commission said ...
Railways Tenders Grid-Connected and Rooftop Solar Projects
The Ministry of Railways (MoR) has issued two tenders inviting bids to set up a 1,160 kW grid-connected solar project for Konkan Railways and rooftop solar installations on seven railway ...
Daily News Wrap-Up: MYSUN Wins 140 MW of Captive Open Access Solar Projects
Here are some noteworthy cleantech announcements of the day from around the world: Distributed solar company MYSUN has won 140 MW of solar projects under the captive open access mode ...
Oorja Raises $1 Million in Seed Funding for Agri Solar Solutions
Oorja Development Solutions, a Delhi-based off-grid solar services provider, said it had secured $1 million in seed funding from Schneider Electric Energy Access Asia (SEEAA). The company will utilize the ...
Tata Power Receives Letter of Award to Develop 100 MW of Solar Projects in Maharashtra
Tata Power Solar, a wholly-owned subsidiary of Tata Power, has received a Letter of Award (LoA) to develop 100 MW of distributed ground-mounted solar projects in Maharashtra for Energy Efficiency Services ...
Additional Surcharge for Open Access Consumers Increased by 72% in Uttarakhand
The Uttarakhand Electricity Regulatory Commission (UERC) has set the additional surcharge payable by consumers availing power through open access at ₹1.94 (~$0.026)/kWh. The charges will be applicable from October 1, ...
AEP Energy Issues Tender to Buy Power from Solar, Wind, Storage Projects in the PJM Market
AEP Energy Partners (AEPEP), a subsidiary of American Electric Power, has issued a request for proposal (RfP) to procure power from new or repowered wind and solar plants and battery ...
Power Ministry Mandates Quarterly Energy Audits by DISCOMs to Reduce T&D Losses
The Ministry of Power (MoP) has directed power distribution companies (DISCOMs) to undertake energy accounting periodically to develop a comprehensive energy accounting system to quantify distribution losses. The Bureau of ...
Rajasthan Electronics Invites Bids for 1 Million Mono or Multicrystalline Solar Cells
The Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has invited bids for the supply of 1 million monocrystalline ...
RedEarth Energy Storage Raises $8.8 Million in Pre-IPO Round
Solar battery network startup RedEarth Energy Storage has raised AU$12 million (~$8.82 million) in a pre-IPO round led by Ord Minnett Private Opportunities. The company plans to use the funds ...
Installing a Rooftop Solar System on Your Home in Karnataka? Here’s What You Need to Know
Residential rooftop solar installations have been growing in popularity due to the ease of installations and the savings they provide to homeowners. According to Mercom's latest report, India Rooftop Solar ...
Daily News Wrap-Up: EDF and NTPC to Develop Power Projects Globally
Here are some noteworthy cleantech announcements of the day from around the world: Independent power producers, Électricité de France S.A. and NTPC, signed a memorandum of understanding (MoU) to explore ...
EPC Tenders Issued for 20 MW of Solar Projects in West Bengal
The West Bengal Power Development Corporation (WBPDCL) has issued a notice inviting tender (NIT) from engineering, procurement, and construction (EPC) contractors to set up two 10 MW grid-connected ground-mounted solar ...
Jubilant Ingrevia to Buy Solar Power from AMP Energy’s 15.5 MW Open Access Project
Jubilant Ingrevia, a Noida-based integrated life sciences company, has signed an agreement with AMP Energy C&I Private Limited, a wholly-owned subsidiary of AMP Energy, to acquire a 26.6% stake in ...
Three Cogeneration Projects in Odisha Exempted from Renewable Purchase Obligation
The Odisha Electricity Regulatory Commission (OERC) has ruled in favor of three captive power generating projects and exempted them from renewable purchase obligation (RPO) compliance if the consumption from the ...
Punjab Open Access Consumers to Pay Additional Surcharge of ₹1.16/kWh Until March 2022
The Punjab State Electricity Regulatory Commission (PSERC) has extended the validity of the additional surcharge of ₹1.16 (~$0.016)/kWh payable by open access consumers until September 30, 2021, to the second ...
Ministry Issues Guidelines for Optimum Utilization of Power Generation Capacity
The Ministry of Power (MoP) has approved the guidelines for optimum utilization of power generation capacity. As per the tariff policy, power generating stations must always be available and ready ...
Vector Green Energy Secures ₹11 Billion Loan from IREDA for its Solar Portfolio
The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of ~₹11 billion (~$146.43 million) to Vector Green Energy, a Mumbai-based independent power producer focused on solar and wind ...
Ample Coal Available to Meet the Demand of Power Plants, Assures Power Ministry
Coal India has ample coal available to meet the demand of power plants, and any fear of power supply disruptions is ‘entirely misplaced,’ the Ministry of Power has announced in ...
Zinc Battery Manufacturer Eos Energy Raises $25 Million to Expand Production
Eos Energy Enterprises, a U.S.-based zinc-powered energy storage systems provider, announced that its wholly-owned subsidiary HI-POWER had signed a $25 million equity financing agreement with Trinity Capital. The funding will be ...
