Andhra Pradesh Sets Variable Cost for Biomass and Bagasse-Based Power Projects
To reach the government’s goal of installing 175 GW of renewable energy by 2022, all sources of renewable energy will have to contribute - not just solar and wind. In ...
ADB to Provide $12.2 Million Financing for Renewable Projects in Africa’s Tonga
The Asian Development Bank has announced that it will provide a $12.2 million financing for renewable energy projects under the Pacific Renewable Energy Investment Facility. This facility was approved by ...
CEA Projects Rise in Share of Renewables in India to 36% by 2021-2022, Coal to Shrink to 26%
With India’s plan to install 175 GW of renewable energy by 2022 grid integration of intermittent renewable energy sources is expected to be a challenge and the Central Electricity Authority ...
Delhi Commission Approves PSA Between SECI and Tata Power for 50 MW of Wind Projects
The Delhi Electricity Regulatory Commission (DERC) has approved a power sale agreement (PSA) signed between the Solar Energy Corporation of India (SECI) and Tata Power Delhi Distribution Limited (TPDDL) for ...
Rajasthan Amends Regulations for REC and RPO Compliance Framework
The Rajasthan Electricity Regulatory Commission (RERC) has issued new amendments to its regulations on renewable energy certificate and renewable purchase obligation compliance framework passed in 2010. The new regulations will ...
With Only 4% Green Buildings, India Suffers from Tech and Funding Barriers: Survey
India has only four percent of the building that can be classified as ‘green,’ according to a smart cities indicator survey conducted by Ireland-based multinational, Johnson Controls. However, 38 percent ...
MSEDCL May Procure Wind Power from Projects with Expired Agreements to Fulfil its RPO
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) seeking its approval to procure power from wind projects whose energy purchase ...
World Bank Commits $22.5 Billion to Scale Up Climate Action in Africa
The World Bank has committed $22.5 billion to Africa for climate adaptation and mitigation in the next five years. The funding is part of the World Bank’s 2025 target to accelerate ...
Siemens Acquires 46% Equity in Greenko’s Poovani Wind Project in Tamil Nadu
Greenko Group has signed an agreement with Siemens Financial Services (Siemens) for 46 percent equity investment in its 200 MW Poovani wind power project in Tamil Nadu. This is the ...
Rajasthan Amends Regulations for Tariff Determination of Biomass and Biogas Projects
The Rajasthan Electricity Regulatory Commission (RERC) has issued new guidelines to amend its regulations concerning the terms and conditions for the determination of tariff for renewable sources-(biomass, biogas and biomass ...
Green Climate Fund Approves $299 Million for Expansion of Renewable Projects in Africa
At its 22nd meeting, the Green Climate Fund (GCF) announced the approval of approximately $299.2 million to finance programs for electrification, combating climate change and economic development through renewable energy ...
Large Hydro Power Projects Now Officially Categorized Under Renewable Energy Sources
The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal put forward by the Ministry of Power to include large hydro power projects over 25 MW under the aegis ...
World Bank Approves $185 Million Loan for 310 MW Renewable Energy Projects in Bangladesh
The World Bank has approved $185 million to facilitate 310 MW of renewable energy generation capacity in Bangladesh to meet the growing demand for electricity in the country. The funding ...
Ayana, EverSource, and NIIF to Invest $330 Million into India’s Renewable Projects
EverSource Capital and the National Investment and Infrastructure Fund of India (NIIF) have announced their partnership with Ayana Renewable Power which could see investment to the tune of $330 million ...
Biomass Company PRESPL to Raise Up to $10 Million in Series B Funding
Punjab Renewable Energy Systems Pvt. Ltd. (PRESPL), a Mumbai-based biomass supply chain management company, is planning to raise up to $10 million in Series B funding round. Promoted by the ...
Gujarat Issues Tender for 1 GW of Wind Projects
The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued Request for Selection (RfS) for the purchase of power through competitive bidding process from 1,000 MW of grid-connected wind power projects to ...
Tie Up with At Least Three Manufacturers Before Bidding: Gujarat Tells Wind Developers
The Gujarat Electricity Regulatory Commission (GERC) has asked bidders of wind auction to declare pre-bid tie-up with at least three equipment manufacturers or engineering, procurement, and construction (EPC) contractors for the ...
Energy Efficiency Program for Residential Sector Launched
Minister for Power, Raj Kumar Singh announced the launch of ‘Energy Efficiency Label for Residential Sector’ program in India. The Bureau of Energy Efficiency (BEE) has developed this label for ...
MNRE Asks Wind Developers to Ensure Safety of Great Indian Bustard
The Ministry of New and Renewable Energy (MNRE) has issued a circular for retrofitting of transmission lines and wind turbines to avoid bird collision in Great Indian Bustard (GIB) habitats ...
EESL Launches Energy Efficient Air Conditioning Program
Energy Efficiency Services Limited (EESL), a joint venture between the public-sector units of the Ministry of Power and the government of India, has launched a “Super-Efficient Air Conditioning Program” for ...
NTPC Invites Bidders to Enlist for Constructing its Wind Projects
NTPC Ltd. has invited online applications from bidders to enlist for its wind energy projects in India. The scope of work includes the detailed design, engineering, micro-siting, manufacture, supply, erection, ...
Madhya Pradesh Commission Rejects DISCOM’s Petition to Review Old Wind Tariff Order
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has rejected the petition filed by M.P. Power Management Company Ltd (MPPMCL) to review the tariff order dated March 26, 2013, for wind power ...
Amazon Sets Goal to Make 50% of Shipments Net Zero Carbon by 2030
Technology and e-commerce giant Amazon has announced that it aims to make 50 percent of all of its shipments with net zero carbon by 2030. The company plans on achieving ...
Mercom India MD Wins Illustrious Chanakya Award for ‘Communicator of the Year’
Priyadarshini Sanjay, Managing Director of Mercom Communications India (Mercom India), has been awarded the illustrious Chanakya Award for "Communicator of the Year - Corporate Communications." Priya Sanjay was selected out ...
Renewable Energy Projects Received $505 Million in Central Financial Assistance
In a question and answer session in Rajya Sabha, the Minister of Power and New and Renewable Energy, R.K Singh declared the state-wise central financial assistance (CFA) that was released ...
