IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021
The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 ...
Daily News Wrap-Up: US Launches Energy Earthshots to Accelerate Clean Energy Drive
Here are some noteworthy cleantech announcements of the day from around the world: United States Secretary of Energy Jennifer Granholm launched the U.S. Department of Energy’s (DOE) Energy Earthshots Initiative ...
ALMM Effect: Solar Developers Worried About Supply, Module Makers Unconcerned
To closely monitor the component solar suppliers and their manufacturing facilities, the Ministry of New and Renewable Energy (MNRE) has made it mandatory for solar cell and module manufacturers to ...
Delhi Reels Under Rising Pollution Levels and Soaring Mercury
On Wednesday, June 9, 2021, temperatures in Delhi peaked at 42.2° Celsius as the heatwave gripped the nation’s capital. With high temperatures before the onset of monsoon being quite a ...
Daily News Wrap-Up: ReNew Power’s SPAC Deal to go Public Gets Regulatory Approval
Here are some noteworthy cleantech announcements of the day from around the world: The Competition Commission of India has approved the exchange of equity shareholding by existing shareholders of ReNew ...
Biofuel Company Greenjoules Raises $4.52 Million from Blue Ashva Capital
Pune-based biofuel company Greenjoules has raised ₹330 million (~$4.52 million) in a 'Series A' round of funding from Blue Ashva Capital through its Blue Ashva Sampada Fund. Blue Ashva Capital ...
Consider USD-INR Exchange Rate Escalation for Round-The-Clock Renewable Bid: NSEFI
The National Solar Energy Federation of India (NSEFI), an umbrella organization of all solar energy stakeholders of India, wrote to the Ministry of Power (MoP) to consider the U.S. dollar ...
Daily News Wrap-up: Tata Power’s 37 Commercial Consumers Opt for Green Power in Mumbai
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power announced that over 37 of its commercial customers with consumption of more than 19 MUs ...
Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism
The Ministry of Power has released a discussion paper on redesigning the renewable energy certificate (REC) mechanism for stakeholder comments. The stakeholders have time until June 25, 2021, to submit ...
194 MU of Solar Traded in IEX’s Green Term-Ahead Market in May
The Indian Energy Exchange (IEX) traded 194 million units (MU) of solar in May, a 149% increase compared to the 78 MU traded in April 2021. The Exchange traded 6,540 ...
Uttar Pradesh Regulator Sets Tariff for a Biomass Project
The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, set a tariff of ₹5.56 (~$0.076)/kWh to procure power from a 12.5 MW biomass project from the date of ...
Solar Industry Reacts: PLI Program Good for Large Manufacturers; MSMEs Left Out
India has launched a performance-linked incentive (PLI) program to support vertically integrated, gigawatt-scale manufacturing of high-efficiency solar modules. The implementing agency – the Indian Renewable Energy Development Agency (IREDA), has ...
Daily News Wrap-Up: Sembcorp Raises $302 Million in a Green Bond Offering
Here are some noteworthy cleantech announcements of the day from around the world: Renewable energy company Masdar and Abu Dhabi Airports have announced the completion of Abu Dhabi's largest solar-powered ...
Generic Tariff of ₹7.08/kWh for Waste-to-Energy Projects Until March 2022
The Karnataka Electricity Regulatory Commission (KERC) has retained the tariff for waste-to-energy projects at ₹7.08 (~$0.097)/kWh from April 1, 2021, to March 31, 2022. The Commission had determined the tariff ...
Power Grid Acquires Two Transmission Projects to Evacuate Solar Power in Rajasthan
State-owned power transmission company Power Grid Corporation of India (PGCIL) has acquired two transmission projects - Fatehgarh Bhadla Transco Limited and Sikar New Transmission Limited under Phase II, Part-B, and ...
Daily News Wrap-Up: SGH2 Signs Green Hydrogen Deals to Decarbonize California
Here are some noteworthy cleantech announcements of the day from around the world: SGH2 Energy has signed a green hydrogen contract with two California-based operators of hydrogen refueling stations. The ...
Funding and M&A Roundup: NEXT Energy Technologies Closes $13.4 Million Series C Funding
NEXT Energy Technologies, makers of a proprietary transparent photovoltaic coating that transforms commercial windows into energy-producing solar panels, announced that it had raised $13.4 million in a Series C round ...
Project Finance Brief: bp to Acquire 9 GW of Solar Project Pipeline in the US from 7X Energy
bp, a multinational oil, and gas company reached an agreement to purchase 9 GW of solar development projects in the U.S. from independent solar developer 7X Energy. The deal will ...
Daily News Wrap-Up: Tata Power Solar to Build a 210 MW Solar Project for NTPC
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar has received a Letter of Award from NTPC to build a 210 MW solar ...
Bank Guarantee of a 300 MW Wind Project Stuck Under Regulatory Procedures
The Central Electricity Regulatory Commission (CERC) has reserved its judgment, in reply to a petition filed by ReNew Power and its three subsidiaries on submitting a fresh bank guarantee to ...
How to Precisely Install AC Circuit Breakers in a Solar PV System
Background String inverter specialist Solis has analyzed in detail why a fuse box circuit breaker of a solar photovoltaic (PV) system must not be reversed (power line enters the load ...
Month in a Minute: Top Headlines from Indian Renewable Sector in May 2021
Here is a recap of some of the most important headlines from May 2021: In the first quarter (Q1) of the calendar year (CY) 2021, India generated about 17.5 BU ...
Germany Installed 619 MW of New Solar Capacity in April 2021
According to the latest numbers announced by the German Federal Network Agency Agency Bundesnetzagentur, the country's solar PV installations in April 2021 totaled 619.5 MW, an increase of 59 MW (10.5%) compared to ...
Daily News Wrap-Up: Electric Vehicles Exempt from Registration Renewal Fee
Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Road Transport and Highways under the Government of India has proposed to exempt battery-operated ...
CERC Agrees to Compensate for Carrying Cost Due to Change in Law Event for a Thermal Project
The Central Electricity Regulatory Commission (CERC), in a recent order, approved an imported coal-based thermal power generator's request for compensation for the additional expenses incurred due to the increase in ...
