Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Fossil fuel-based co-generation projects in Maharashtra have got time up until March 2020 to fulfill their renewable purchase obligation (RPO) targets. The Maharashtra Electricity Regulatory Commission (MERC) provided this relief ...
Uttar Pradesh Approves PPA for 14.5 MW of Municipal Solid Waste Projects

Uttar Pradesh Approves PPA for 14.5 MW of Municipal Solid Waste Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has given its approval to the power purchase agreement (PPA) signed between Uttar Pradesh Power Corporation Limited (UPPCL) and Accord Hydroair (Pikhuwa) Private ...
Singapore’s United Overseas Bank Says No to Coal Lending

Singapore’s United Overseas Bank Says No to Coal Lending

In a decision taken at its annual general meeting held recently, the United Overseas Bank (UOB), Southeast Asia's third-largest finance group and Singapore’s third largest bank, has said that it ...
Kerala Commission Asks KSEB to Clarify Tariff Period, PPA Date for a Wind Project

Kerala Commission Asks KSEB to Clarify Tariff Period, PPA Date for a Wind Project

The Kerala State Electricity Regulatory Commission (KSERC) has asked the Kerala State Electricity Board (KSEB) and Kosamattam Finance Ltd. to arrive at a consensus regarding the date of commercial operation, tariff ...
/ / Other, Wind
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

Maharashtra Commission Warns MSEDCL for Non-Payment to Wind Developers

The Maharashtra Electricity Regulatory Commission (MERC) has pulled up state’s DISCOM (MSEDCL) for the continued delay in meeting payment obligations to independent power producers, including delayed payment charge, and for ...
/ / Other, Wind
IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

The Central Electricity Regulatory Commission (CERC) has ordered the Indian Energy Exchange (IEX) to give wide publicity to Green Term Ahead Market (GTAM) contracts by uploading it on its website ...
In India, Investment in Renewables Surpassed Fossil Fuels in 2017

In India, Investment in Renewables Surpassed Fossil Fuels During 2018

Global investment in the renewable energy sector has gone up by 55% since 2010, according to the World Investment Report 2019 released by the International Energy Agency (IEA). The report ...
Solar, Wind Can Achieve Renewable Targets Without Damming the World’s Rivers: WWF Study

Solar, Wind Can Achieve Renewable Targets Without Damming the World’s Rivers: WWF Study

A study conducted by the World Wildlife Fund (WWF) and its partners demonstrates how with thousands of hydropower dams planned across the world, the ongoing renewable energy revolution can solve ...
/ / Other, Water
Uttarakhand Issues Draft Tariff Regulations and RPO Targets for Solar Projects

Tata Power DISCOM Issues Tender for 100 MW of Non-Solar Power to Meet its RPO

Tata Power Delhi Distribution Limited (TPDDL) has issued a Request for Proposal (RfP) for the procurement of renewable power (non-solar) on a short-term power purchase agreement. The last date for ...
REC to Increase Loan Disbursements to Renewable Energy Segment in the Coming Years

Renewables to be ‘Must Run’ in the Draft Tariff Guidelines for Goa, Union Territories

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar. The draft is up ...
Egypt Set to Open its Renewable Energy Market to Private Producers

Egypt Set to Open its Renewable Energy Market to Private Producers

The government of Egypt is in the process of finalizing regulations about the production and sale of electricity from new private renewable power projects directly to consumers by September 2019 ...
wind project

Engie’s ₹2.79/kWh Emerges as the Lowest Tariff in SECI’s 480 MW Wind Auction

The Solar Energy Corporation of India (SECI) has auctioned 480 MW of interstate transmission system (ISTS)-connected wind power projects. This was part of the 1,200 MW tender that was floated ...
/ / Other, Wind
SECI Amends RfS Guidelines for 2 GW ISTS-Connected Wind Tranche-IV Tender

Lowest Tariff of ₹2.80/kWh Wins Gujarat’s 1,000 MW Wind Auction

Lowest tariff of ₹2.80 (~$0.0399)/kWh has emerged as the winner in  Gujarat Urja Vikas Nigam Limited (GUVNL)’s auction for 1,000 MW of grid-connected wind power projects. According to a market ...
/ / Other, Wind
Siemens Gamesa Wins Turnkey Contract for 176.8 MW Wind from ReNew Power

Siemens Gamesa Announces Order Booking of $12.25 Billion

Renewable energy developer and wind turbine manufacturer, Siemens Gamesa, has announced its financial results for the first half (October-March) and the second quarter (January-March) of fiscal year (FY) 2019. The ...
/ / Other, Wind
After January Slump, Non-Solar REC Trading Spikes in February 2018

Orient Green Power to Divest 57% Shares in its Biomass Subsidiaries

Orient Green Power Company Limited (OGPL) has decided to disinvest its entire holding of 918,954 equity shares, aggregating 57.92%, held in Sanjog Sugars and Eco-Power (Biomass subsidiary) in favor of ...
Small Hydro Project Developer in Maharashtra Gets Relief from DISCOM's Non-Compliance

HERC Rejects Petition to Retain Exit Clause of a 36 MW Hydro Project

In a review petition, the Haryana Power Purchase Center (HPPC), had asked the Haryana Electricity Regulatory Commission (HERC) to review its order passed on March 8, 2019, in which it ...
/ / Other, Water
World Bank to Assist in  Sustainable Extraction of Minerals for Wind, Solar Projects

World Bank to Assist in Sustainable Extraction of Minerals for Wind, Solar Projects

To realize a lower-carbon future, there will be a substantial increase in demand for several key strategic minerals and metals to manufacture cleaner energy technologies.  Keeping this in perspective, the World ...
Piramal Joins Hands with Canadian Pension Plan for a $600 Million Renewable Energy Trust

Piramal Joins Hands with Canadian Pension Plan for a $600 Million Renewable Energy Trust

Armed with an initial corpus of $600 million (~₹41.6 billion), the newly-formed Infrastructure Investment Trust (InvIT) would seek to acquire between 1.5-2 GW of stable and cash generating renewables assets ...
India Launches National Clean Air Program to Fight Pollution

Global Renewable Energy Capacity Additions Stalled in 2018 While CO2 Emissions Rose

The growth in capacity addition of renewable energy sources has stalled, says a report by the International Energy Agency (IEA). According to the report, the year 2018 was the first ...
Ceiling Tariff of ₹3.50/kWh to Apply for Fossil Fuel-Based Cogeneration Projects in Maharashtra

Uttar Pradesh Commission Asks UPPCL to Bid Transparently for Cogeneration Projects

In its latest ruling, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has instructed the Uttar Pradesh Power Corporation Limited (UPPCL) to conduct a transparent competitive bidding process for the procurement ...
Is Inclusion of Large Hydro Power in India’s Renewable Mix a Good Move?

Is Inclusion of Large Hydro Power in India’s Renewable Mix a Good Move?

Large hydro power (LHP) projects are back in the limelight in India, thanks to the recent notification by the Ministry of Power in which such projects were reclassified as renewables ...
Solar REC Trading Declines Significantly in October 2018

CERC Extends Validity of RECs Due to Expire between April and October 2019

Providing relief to renewable energy generators of both solar and non-solar projects who are a part of the renewable energy certificate (REC) mechanism, the Central Electricity Regulatory Commission (CERC) has ...
wind turbines

DISCOM in Tamil Nadu to Track Wind Projects Using GPS

Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has started using Global Positioning System (GPS) technology to measure the performance of wind projects installed across the state. The distribution company ...
/ / Other, Wind
REC to Increase Loan Disbursements to Renewable Energy Segment in the Coming Years

ADB Announces $100 Million Assistance to Support Renewable Projects in the Pacific

As a part of its ongoing Pacific Renewable Energy Program, the Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million to provide financing support including ...
/ / Other, Renewable Energy
World Bank to Invest $1 Billion Towards Battery Storage to Promote Renewables Globally

World Bank Launches Energy Efficient Cooling Program for Developing Countries

The World Bank has established a new Efficient, Clean Cooling Program to accelerate the uptake of sustainable cooling solutions, including air conditioning, refrigeration and cold chain in developing countries. The program will ...