India’s $122 Billion Stimulus for Energy Sector Lacks Clarity in Funding Streams: Report
India has committed more public money than any other economy– at least $122 billion – to support the energy sector since the start of the Covid-19 crisis, but the government’s ...
India’s Solar Installations Reach 40 GW Milestone
India's cumulative solar installations have hit the 40 GW milestone, according to Mercom India Research. As of February 2021, the country's total installations comprised 34.9 GW of utility-scale solar installations and ...
Daily News Wrap-Up: Turkey’s Solar Power Generation Increased by 50% in February 2021
Here are some of the significant cleantech announcements of the day from around the world: Turkey’s electricity generation from solar projects increased by 50% in February 2021 compared to February ...
File Timeframe to Clear Dues of Solar and Wind Generators – Andhra High Court to DISCOMs
The High Court of Andhra Pradesh has directed the Southern Power Distribution Company Limited (APSPDCL) and Eastern Power Distribution Company Limited (APEPDCL) to file an affidavit by March 31, 2021, with ...
Daily News Wrap-Up: Madhav Infra to Provide EPC Services For a 20 MW Solar Project
Here are some of the significant cleantech announcements of the day from around the world: Madhav Infra Projects Limited has received the letter of intent from Gujarat State Electricity Corporation ...
Daily News Wrap-Up: Goa Signs MoU With GIZ for 100% Renewable Energy Roadmap
Goa's state government has signed a memorandum of understanding with German-based Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to develop a state energy plan for a 100% renewable energy roadmap under ...
Uttar Pradesh Regulator Approves Power Sale Agreement for 380 MW of Wind Projects
The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, approved the power sale agreement (PSA), signed by the Uttar Pradesh Power Corporation Limited (UPPCL) with the Solar Energy ...
Funding and M&A Roundup: Solar Energy Provider Sunseap Secures Series E Funding
Sunseap Group, a Singapore-based solar installer, secured equity in Series E funding round from Dubai-based conglomerate, Dutco. The proceeds will be deployed to Sunseap's future solar projects in Singapore and ...
Project Finance Brief: EDF Acquires 100 MW of Solar Projects in the UK
EDF Renewables, a wholly-owned subsidiary of the French utility EDF Group, has acquired two solar projects totaling 100 MW - Burwell, a 49.9 MW consented project in South East Cambridgeshire ...
Daily News Wrap-Up: EESL Subsidiary to Distribute 15 Million LED Bulbs in Rural Areas
Here are some noteworthy renewable energy news from around the world: Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services, has unveiled the GRAM UJALA program. Under ...
Hero Future Energies Garners Huge Response for Its First Dollar Green Bond Offering
The renewable energy venture of the Hero Group, Hero Future Energies (HFE), issued their first USD bond in global markets. The green bond was issued through Clean Renewable Power (Mauritius), ...
Tender Floated for 2.6 GW of Solar and Wind Projects in South Africa
South Africa has opened the country's fifth renewable energy bidding window to procure 2.6 GW of clean energy projects. Out of the 2.6 GW capacity, 1.6 GW will be sourced ...
Daily News Wrap-Up: Israel’s Phinergy and Indian Oil to Promote Green Mobility in India
The Minister of Petroleum and Natural Gas & Steel, Dharmendra Pradhan, along with Minister of Energy, Israel, Yuval Steinitz, announced the launch of a joint venture (IOC Phinergy Limited) between the Indian ...
CERC Directs SECI Not to Encash Bank Guarantees of Delayed Wind Project
The Central Electricity Regulatory Commission (CERC), in a recent order, directed the Solar Energy Corporation of India (SECI) not to encash the performance bank guarantee (PBG) furnished by Adani Wind ...
Energy Efficiency Company Smart Joules Raises $4.1 Million in Series A Funding
Smart Joules, an energy-efficiency-as-a-service company, said it raised $4.1 million in Series A funding from ADB Ventures, Burman Family Office, Max I. Limited, cKinetics Accelerator, Saket Burman from the Dabur ...
Malaysia Shortlists Bidders for 823 MW of Large-Scale Solar Projects
The Energy Commission of Malaysia (Suruhanjaya Tenaga) completed the competitive bidding process to develop LSSPV (Large Scale Solar Photovoltaic) Projects in Peninsular Malaysia for commercial operation in 2022/2023 and declared ...
Daily News Wrap-Up: Hindustan Petroleum to Set Up EV Charging Stations at Retail Outlets
Here are some significant cleantech announcements of the day from around the world: Shuchi Anant Virya, a joint venture between Lithium Urban Technologies and Fourth Partner Energy, in partnership with ...
Chhattisgarh Releases Draft Renewable Purchase Obligations Regulations for 2021-2026
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued a draft notification for the state’s renewable purchase obligation (RPO) and renewable energy certificates (REC) framework regulations for 2021-2026. The Chhattisgarh ...
Karnataka Proposes Ceiling Tariff of ₹2.91/kWh for Wind Tenders
The Karnataka Electricity Regulatory Commission (KERC) has proposed a ceiling tariff of ₹2.91 (~$0.04)/kWh for the wind tenders issued by the distribution licensees in the state for the financial year ...
Solar and EV Sectors to Prop Up Silver Demand as Prices Roll Off Eight-Year High Hit in February
The solar photovoltaic and electric vehicle sectors have been a steady source of silver demand over the past decade. The demand is expected to continue in the coming years as ...
Daily News Wrap-Up: 100 MW Solar With 500 MWh Vanadium Flow Battery Project in China
Here are some significant cleantech announcements of the day from around the world: VRB Energy, a clean technology company, announced a framework agreement for a 100 MW solar and 100 ...
Daily News Wrap-Up: EIB Approves €688 Million to Support Solar and Wind Expansion
The European Investment Bank (EIB) has approved €3.7 billion (~$4.42 billion) for business investment, renewable energy, and upgrading hospitals, schools, internet services, and urban infrastructure. Out of the total amount, ...
Funding and M&A Roundup: Orix Completes Acquisition of 21.8% Stake in Greenko
Australian utility AGL has entered into agreements to acquire two of Australia’s largest commercial solar businesses, Epho and Solgen Energy Group (from Anchorage Capital Partners), both commercial and industrial solar ...
Post IPO, ReNew Power Plans Over 18 GW of Renewables by 2025
ReNew Power, an India-based independent power producer, has plans to build a pipeline of around 18-19 GW of renewable capacity by the end of the financial year (FY) 2025, Sumant ...
Daily News Wrap-Up: Sembcorp Awarded 60 MW Rooftop Solar Project in Singapore
Here are some noteworthy cleantech announcements of the day from around the world: Sembcorp Industries said that its wholly-owned subsidiary Sembcorp Solar Singapore has been awarded a 60 MW solar ...
