AfDB and Nigeria Launch National Electrification Project to Boost Energy Access

AfDB and Nigeria Launch National Electrification Project to Boost Energy Access

The African Development Bank (AfDB) and the Government of Nigeria announced the launch of their National Electrification Project (NEP), which aims to help improve access to energy by promoting private ...
/ / Grid, Other
Mercom Coronavirus Live Updates_ Effect on Clean Energy in India

Mercom Coronavirus Live Updates: Effect on Clean Energy in India

The impact of Coronavirus has finally reached the Indian clean energy sector. Mercom had forecasted solar installations in India to grow by 17% year-over-year due to a strong pipeline of ...
/ / Mercom Research Focus, Other
RBI Cuts Repo Rate to 4.4% to Boost Economic Activity Amid Coronavirus Pandemic

RBI Cuts Repo Rate to 4.4% to Boost Economic Activity Amid Coronavirus Pandemic

As the country grapples with the Coronavirus (COVID-19) outbreak, the Reserve Bank of India (RBI) today announced that the repo rate has been reduced by 75 basis points (bps) to ...
/ / Finance and M&A, Other
COVID-19 Lockdown_ MNRE Extends Deadline for All Renewable Projects Under Construction

COVID-19 Lockdown: MNRE Extends Deadline for All Renewable Projects Under Construction

All renewable energy projects currently under implementation will be given an extension of time in light of the ongoing lockdown due to the Covid-19 pandemic, Anand Kumar, Secretary of the ...
CERC Extends Validity of Existing Renewable Energy Tariffs Until June 30, 2020

CERC Extends Validity of Existing Renewable Energy Tariffs Until June 30, 2020

The Central Electricity Regulatory Commission (CERC) has extended the applicability of the Renewable Energy Tariff Regulations, 2017, for three months (from April 01, 2020, to June 30, 2020). The Commission ...
/ / Other, Renewable Energy
Karnataka Issues Tender for an 11.5 MW Waste to Energy Project in Bidadi

Karnataka Issues Tender for an 11.5 MW Waste to Energy Project in Bidadi

The Karnataka Power Corporation Limited (KPCL) has floated a tender for an 11.5 MW waste to energy project at Bidadi in the Ramanagar district of the state. The scope of ...
Indian Solar Industry Confronts Coronavirus Crisis

Indian Solar Industry Confronts Coronavirus Crisis

The Coronavirus pandemic is proving to be the solar industry’s biggest challenge this year, and the repercussions are being felt across industries all over the globe. Global supplies have been ...
Staff at Renewable Generating Stations Allowed to Work During COVID-19 Lockdown

Staff at Renewable Generating Stations Allowed to Work During COVID-19 Lockdown

According to the order issued by the Ministry of Home Affairs, all offices of the government of India, its autonomous and subordinate offices, and pubic corporations will remain closed except ...
/ / Markets & Policy, Other
Finance Ministry Announces Economic Relief Measures Amid Coronavirus Outbreak

Finance Ministry Announces Economic Relief Measures Amid Coronavirus Outbreak

In the wake of the deadly Coronavirus (COVID-19) outbreak, which has affected the global economy, India’s Finance Minister Nirmala Sitharaman today announced relief measures for taxpayers and businesses as the ...
/ / Finance and M&A, Other
The United Kingdom to Co-Chair India-Led Climate Change Initiative

The United Kingdom to Co-Chair India-Led Climate Change Initiative

The government of the United Kingdom (U.K.) has said that the country will co-chair the governing council on the India-led global ‘Coalition for Disaster Resilient Infrastructure (CDRI).’ Established by Prime ...
/ / Other, Other Energy
Renewable Supply Chain Disruption Due to Coronavirus to Be Treated As Force Majeure

Renewable Supply Chain Disruption Due to Coronavirus to Be Treated As Force Majeure

Considering the adverse impact of the Coronavirus pandemic on the global economy, the Ministry of New and Renewable Energy (MNRE) has issued an official memorandum which states that the time ...
/ / Other, Renewable Energy
US-Based XNRGI Opens Lithium-Ion Battery Factory in Gurugram

US-Based XNRGI Opens Lithium-Ion Battery Factory in Gurugram

United States-based XNRGI has announced that the company has opened a high temperature (HT) lithium-ion battery factory in Gurugram in India that can produce 240 MWh of battery production capacity ...
/ / Energy Storage, Other
Gujarat May Reduce Annual Escalation Rate to 3% on Biomass and Bagasse-Based Projects

Gujarat May Reduce Annual Escalation Rate to 3% on Biomass and Bagasse-Based Projects

The Gujarat Electricity Regulatory Commission (GERC) has issued a draft order to initiate the regulatory process for determining the tariff for procuring power from biomass and bagasse-based co-generation projects in ...
/ / Biofuel, Other
Karnataka Focuses on Electric Mobility in New Budget

Karnataka Focuses on Electric Mobility in New Budget

In the recent state budget announcement, Karnataka Chief Minister BS Yediyurappa announced that ₹100 million (~$13.56 million) would be allocated to establish an electric vehicle and energy storage manufacturing cluster ...
/ / Markets & Policy, Other
Committee on Energy Expresses Disappointment Over Budgetary Cuts for Ministry of Power

Committee on Energy Expresses Disappointment Over Budgetary Cuts for Ministry of Power

The Standing Committee on Energy recently presented its fourth report on the Demands for Grants of the Ministry of Power for the year 2020-21. The report shows a budgetary provision ...
/ / Markets & Policy, Other
₹1.34 Trillion Invested in the Renewable Sector in Past Three Years_ RK Singh

₹1.34 Trillion Invested in the Renewable Sector in Past Three Years: RK Singh

According to the Government of India (GoI), 8,004.64 MW of renewable capacity was installed in India between April 2019 and January 2020.  During the same period in the previous year, ...
/ / Other, Renewable Energy
Sweden’s Azelio Installs Round-the-Clock Energy Storage System in Morocco

Sweden’s Azelio Installs Round-the-Clock Energy Storage System in Morocco

Azelio, a Swedish renewable energy storage company, has completed installing a renewable energy storage system with round-the-clock clean power production at the Noor Quarzazate solar complex in Morocco. According to ...
/ / Energy Storage, Other
Sizeable Investments Waiting to be Unlocked in India’s Solar Open Access Market

Sizeable Investments Waiting to be Unlocked in India’s Solar Open Access Market

The total installed solar capacity in the open access market reached 3.6 GW at the end of the calendar year (CY) 2019 and the pipeline of projects under development and ...
IRENA Invites Developers to Register Projects on its Climate Investment Platform

IRENA Invites Developers to Register Projects on its Climate Investment Platform

The International Renewable Energy Agency (IRENA) has invited renewable energy project developers to register suitable projects through a purpose-built portal organized around 14 regional clusters to contribute to its Climate ...
IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment

IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment

The International Finance Corporation (IFC), the financial arm of the World Bank Group, has announced that it has invested ₹200 million (~₹14.7 billion) in the Standard Bank of South Africa’s ...
/ / Finance and M&A, Other
Renewable Energy Industry Employs More Women Than Oil and Gas Industry Globally

Renewable Energy Industry Employs More Women Than Oil and Gas Industry Globally

According to a report published by the International Renewable Energy Agency (IRENA), the renewable energy industry currently employs about 32% of women, compared to 22% in the global oil and ...
/ / Other, Renewable Energy
Tamil Nadu Issues Empanelment Tender for Renewables and Energy-Efficient Appliances

Tamil Nadu Issues Empanelment Tender for Renewables and Energy-Efficient Appliances

The Tamil Nadu Energy Development Agency (TEDA) has invited bids to empanel vendors for renewable energy projects and energy-efficient appliances in the state. The scope of work includes the procurement ...
Gujarat Successfully Runs Coal Project at 40% Capacity to Support Renewable Integration

Gujarat Successfully Runs Coal Project at 40% Capacity to Support Renewable Integration

The Gujarat State Electricity Corporation Limited (GSECL) has successfully managed to operate its 500 MW Ukai unit under its coal-based power project at 40% of its capacity during a recently ...
Inferior Backsheets Will Cut the Life of Solar Projects

Inferior Backsheets Will Cut the Life of Solar Projects

Solar project development in India has always been very competitive due to the reverse auction process and also lately because of tariff caps, which forces developers to bid unrealistically low ...
MNRE Addresses Transmission Infrastructure Delays Facing Solar & Wind Developers

MNRE Addresses Transmission Infrastructure Delays Facing Solar & Wind Developers

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum to address the time gap between the commissioning of the transmission system and renewable energy (RE) generating projects ...
/ / Grid, Other