Bailing Out Power DISCOMs at Every Crisis is Not the Way to Fix Them
Distribution Companies (DISCOMs) have been a significant strain on the Indian power system. Their poor financial performance has been weighing down the entire sector with their inability to pay power ...
India’s Praj Industries Signs Agreement with Sweden’s Sekab to Supply Biofuel
Pune-based Praj Industries, a process, and project engineering company, recently signed a cooperation agreement with Sekab E-Technology AB, a Swedish cleantech company, to upgrade and commercialize base technology to produce ...
ONGC and NTPC to Set up a Joint Venture for Developing Renewable Projects
The Oil and Natural Gas Corporation (ONGC) has announced its plans to set up a renewable joint venture (JV) company with NTPC Limited, and it has signed a memorandum of ...
Renewable Energy Generation More Resilient to COVID-19 Challenges than Others: Report
The International Energy Agency (IEA) has said that global renewable installations might fall for the first time in 20 years due to the ongoing coronavirus crisis. Still, it can pick ...
India is Making Consistent & Measurable Progress in Energy Transition Since 6 Years: WEF
The World Economic Forum (WEF) has released its Energy Transition Index (ETI) report for 2020, which sheds light on the energy system performance and clean energy transition readiness of 115 ...
Goodbye Polycrystalline Solar Modules, Hello Mono PERC, HJT, Bifacial
Technology shift in the solar industry has been taking place rapidly across the globe, but India, a notoriously cost-sensitive market, has been slow to adapt and accept newer products. Higher ...
Mizoram Extends Deadline for Short-Term Supply of Non-Solar Renewable Power
The Power and Electricity Department of Mizoram (PEDM) has extended the date to submit bids for the short-term sale of surplus non-solar renewable power. The deadline has been extended to ...
Tata Power’s Subsidiary Acquires 10% Stake in Netherland’s Hydro Developer ABV
Tata Power International Pte Ltd (TPIPL), a wholly-owned subsidiary of Tata Power Company Limited, has acquired a 10% equity stake in Adjaristqali Netherlands B.V. (ABV) from International Finance Corporation (IFC), ...
Researchers Develop Technology to Map Renewable Projects Across the Globe
Researchers at the University of Southampton have come up with a technology that can map the locations of renewable energy projects across the globe and provide valuable insights into the ...
COVID-19 Disrupts India’s Solar Growth, Installations Decline to 1.1 GW in Q1 2020
India installed 1,080 MW of solar capacity in the first quarter (Q1) of 2020, a 43% decline quarter-over-quarter (QoQ), compared to 1,897 MW installed in Q4 2019. The findings were ...
European Commission and India to Cooperate on Integrated Local Energy System Solutions
The European Commission’s (EC) Innovation and Networks Executive Agency (INEA) and the Indian Department of Science and Technology (DST) have called for proposals that make use of existing local energy ...
Karnataka Extends Renewable Purchase Obligation Compliance for FY 2020 to August
Amid the ongoing coronavirus (COVID-19) crisis and the nationwide lockdown, the Karnataka Electricity Regulatory Commission (KERC) has decided to extend the time for complying with the Renewable Purchase Obligation (RPO) ...
Waaree, Adani, Risen Largest Suppliers of Solar Modules in CY 2019
Waaree Energies, Adani Solar, and Risen Energy emerged as the top three suppliers of solar modules in India in terms of shipments in the calendar year (CY) 2019. These three ...
Barclays Likely to Stop Lending to Projects Based on Fossil Fuels
During the annual general meeting (AGM) of Barclays, a British multinational investment bank, nearly 24% of shareholders voted for Share Action’s resolution asking the bank to phase out financing for ...
By 2050, Mineral Demand to Soar by 500% Pushed by Renewable Expansion: World Bank
The World Bank Group (WBG) has released a report that said demand for key minerals used in clean energy technology could grow almost 500% by 2050 to meet growing demand ...
India’s Carbon Emission Level Drops Sharply Amid COVID-19 Lockdown
The economic downturn, growth of the renewable sector, and the impact of COVID-19 pandemic have achieved what was earlier thought impossible. A combination of these factors has led to a ...
Huawei, Sungrow, and TBEA Were the Leading Solar Inverter Suppliers to India in CY 2019
In the calendar year (CY) 2019, Huawei, emerged as the lead supplier of inverters to the Indian solar market overall, followed by Sungrow and TBEA Energy. ABB and TMEIC rounded ...
India’s Energy Efficiency Initiatives Help Save Over ₹891 Billion in 2018-19: BEE Report
The implementation of several energy efficiency programs in India has led to electricity savings to the tune of 113.16 Billion Units (BUs) in 2018-19, which was 9.39% of the net ...
Rooftop Solar Market Needs SBI World Bank Funds to be Disbursed Quickly in Tough Times
The rooftop solar has struggled to catch on in India with just over 4 GW installed compared to the government goal of developing 40 GW by 2022. The market declined ...
Chhattisgarh Commission Issues Amendment to RPO Regulations for Captive Power Projects
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued an amendment to its regulation for captive generating projects. These regulations deal with the renewable purchase obligation (RPO) targets to be ...
Bank of Bangladesh Adds €200 Million to its Green Transmission Fund
The Bank of Bangladesh has decided to introduce €200 million (~₹16.38 billion) along with the existing $200 million (~₹15 billion) for the Green Transmission Fund (GTF). Accordingly, the participating authorized ...
Renewables Can Play Key Role in COVID-19 Response Strategies: IRENA
The International Renewable Energy Agency’s (IRENA) Coalition for Action has asked governments to take effective response measures to address the immediate and long-term impacts of the global COVID-19 crisis. The ...
Renewable Projects in Uttar Pradesh to See New Forecasting and Scheduling Regulations
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has taken note of Uttar Pradesh Power Corporation Limited’s (UPPCL) request to modify the Central Electricity Regulatory Commission (CERC) deviation settlement mechanism (DSM) ...
DISCOM Dues to Renewable Energy Generators Continue to Rise
Distribution companies (DISCOMs) owed renewable energy generators ₹68.37 billion (~$914.5 million) in outstanding payments spread across 307 pending invoices at the end of March 2020, according to data from the ...
Tata Power Solar, Fourth Partner Energy, Azure Power: Top Rooftop Solar Installers in 2019
Tata Power Solar, Fourth Partner Energy, and Azure Power emerged as the top solar rooftop installers in India in the calendar year (CY) 2019, according to Mercom’s India Solar Market Leaderboard ...
