RE100 Member Companies to Source 100% Electricity from Renewables By 2026: Report
According to a new report published by RE100, its member companies sourced 72 TWh of renewable power in 2017, an increase of 41 percent compared with the preceding year. RE ...
Suzlon Registers a Net Loss of ₹2.8 Billion in Second Quarter of FY19
Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹2.8 billion (~$38.86 million) in the second quarter of FY19, ending September. In the first ...
Railways’ Request for Energy Credit from Captive Wind Project Rejected
The Rajasthan Electricity Regulatory Commission (RERC) has declined the plea made by the Railway Energy Management Company Limited (REMCL) seeking credit of energy generated from a captive wind power project ...
India was Among the Top Recipients of Electricity Financing During 2015-16: Report
India was among the top recipients of electricity financing during the year 2015-16, with two-thirds of total financing concentrated in South Asia, according to a report titled “Energizing Finance: Understanding ...
ADB to Provide $13 Million Grant to EESL for Promoting End Use Energy Efficiency in India
The Asian Development Bank (ADB) has entered a $13 million grant agreement with India’s Energy Efficiency Services (EESL). The grant will be provided by the Global Environment Facility (GEF) for the additional ...
Five Indian Environmental Projects to be Showcased at Paris Peace Forum 2018
Five Indian projects have been selected to present at the Paris Peace Forum, new annual event based on the idea that international cooperation is key to tackling global challenges and ...
EBRD and Bank Audi to Provide $200 Million for Renewable Projects in Lebanon
The European Bank for Reconstruction and Development (EBRD) has signed its first green economy financing facility (GEFF) in Lebanon. The EBRD and Bank Audi, the largest bank in Lebanon, are joining ...
India Joins the Club for Collaboration on New and Alternate Fuels
The Indian government headed by Prime Minister Narendra Modi has ratified the membership of Advanced Motor Fuels Technology Collaboration Programme (AMF TCP) under the International Energy Agency (IEA) on May ...
ADB Approves $500 Million Loan For Turkmenistan’s Power Transmission Infrastructure
The Asian Development Bank (ADB) will lend $500 million to Turkmenistan, a central Asian country, to reinforce the country’s power transmission network, improve the reliability of its power supply, and ...
Turkey Opens Tender for 1 GW of Wind Projects Spread Across 4 Locations
Turkey’s Ministry of Energy and Natural Resources has opened a tender for 1 GW of wind power projects which are to be developed at four locations in the country. According ...
MNRE Issues Draft Certification Program & Guidelines for Wind Turbines in India
The Ministry of New and Renewable Energy (MNRE) has prepared a draft certification program complete with quality guidelines. The guidelines have been made in consultation with National Institute of Wind ...
Mongolia Gets $60.6 Million for Solar-Wind Hybrid Project with Battery Energy Storage
The Asian Development Bank (ADB) has signed a loan agreement with the Government of Mongolia under which it will be providing $60.6 million for distributed renewable energy projects in the ...
MNRE Continues Custom Duty Concession for Non-Conventional Power Projects
The Ministry of New and Renewable Energy (MNRE) has issued a memorandum regarding continuation of issue of concessional custom duty certificate (CCDC) to set up projects for generation of power ...
Siemens Gamesa Wins Turnkey Contract for 176.8 MW of Wind Capacity from ReNew Power
Siemens Gamesa (SGRE), a renewable energy project developer and an Engineering Procurement Construction (EPC) provider, has won turnkey contract from renewable energy project developer ReNew Power for the development of two wind projects aggregating ...
Maharashtra Electricity Commission Dismisses Bagasse-Based Developer’s Petition
The, Maharashtra Electricity Regulatory Commission (MERC) has dismissed a petition filed by Olam Agro India Pvt. Ltd. (OAIPL) to directing MSETCL to comply with MERC’s previous impugned order. The commission ...
Sri Lanka Faces Arbitration Case Over Cancellation of Wind-Solar Hybrid Power Project
KLS Energy Lanka, a subsidiary of Malaysian renewable energy producer, Energy Sdn Bhd has filed an arbitration against the Sri Lankan government. The arbitration under BIT Malaysia – Sri Lanka ...
Blockchain-Powered Renewable Energy Certificate Trading Platform Opened in Singapore
Singapore’s SP Group, an energy utility group, has launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplaces at the Association of Southeast Asian Nations (ASEAN) Energy Business ...
Hydro Power Developer Wins Case against Maharashtra Transmission Company
The Maharashtra Electricity Regulatory Commission (MERC) has passed an order directing the Maharashtra State Electricity Transmission Co. Ltd. (MSETCL) to pay a total sum of ₹5.5 million (~ $0.075 million) to a ...
Corporates Win Three Solar and Non-solar RPO Compliance Delay Cases in Karnataka
In three separate cases related to the delay in compliance of renewable purchase obligation (RPO)by corporates, the Karnataka Electricity Regulatory Commission (KERC) has provided relief to the obligated entities. Case ...
Small Hydro Project Developer in Maharashtra Gets Relief from DISCOM’s Non-Compliance
In its latest ruling, the Maharashtra Electricity Regulatory Commission (MERC) has provided relief to Mohite Industries, a small hydro project developer of a 10 MW Radhanagari small hydro power project ...
Maharashtra Approves 200 MW of Bagasse-Based Projects
The Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) proposal to procure long-term bagasse-based cogeneration power through competitive bidding. This paves the way for ...
Levelized Fixed Cost for Bagasse-based Projects in Telangana to be ₹2.23/kWh
The Telangana State Electricity Regulatory Commission (TSERC) has passed an order regarding the determination of generic tariff for bagasse-based power plants in Telangana for the control period 2018-2020. The commission ...
Wind Generators in Maharashtra to Receive Pending Dues in Two Weeks
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to pay dues to wind power generators Shah Lulla Estate Developers (SLED) and BLP Wind Project ...
AP to DISCOMs: Wind Generators Should Receive Rebates with 25% Late Payment Surcharge
The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued an order stating that wind power generating companies should get a rebate under respective Power Purchase Agreements (PPA) along with 25 ...
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries
The Green Climate Fund (GCF) has approved more than $1 billion funding for new projects and programs to help mitigate climate change in developing countries. This is the world’s largest ...
