Abu Dhabi Fund Extends $105 Million for 8 IRENA Recommended Renewable Projects
The Abu Dhabi Fund for Development (ADFD) has approved about $105 million (~₹7.42 billion) for the development of eight renewable energy projects under the seventh cycle of its partnership with ...
India’s Power Sector Shifting to Short-term Contracts and Spot Markets – Report
India’s power sector is currently in a transitional phase, shifting from long-term generation contracts to a greater reliance on short-term contracts and electricity spot markets. In this transition, policymakers and ...
Expert Group Underlines the Need to Treat Wind, Solar, and Hydro Projects as ‘Must-Run’
Wind, solar, wind-solar hybrid, and hydro projects must be treated as ‘must-run’ power projects, suggests a panel reviewing the Indian Electricity Grid Code (IEGC) 2020. The draft report also suggests ...
Solar REC Trading Volume Improved in December 2019
In December 2019’s renewable energy certificate (REC) trading session, there was a significant increase in the number of solar RECs that were traded when compared with the previous month of ...
SECI Invites Solar, Wind Energy Generators to Supply Power Through Open Access
The Solar Energy Corporation of India (SECI) has invited Expression of Interest (EOI) from interested renewable energy generators for the supply of power through open access. The EoI is for ...
NITI Aayog Reports on States’ Progress Towards Sustainable Development Goals
The National Institute of Transforming India (NITI) Aayog’s sustainable development goals (SDG) index showed that Kerala, Himachal Pradesh, Andhra Pradesh, Tamil Nadu, and Telangana held the top spots in terms ...
Uttar Pradesh DISCOM Asked to Deposit Over ₹7 Billion In RPO Regulatory Fund
The Uttar Pradesh Regulatory Commission (UPERC) has directed the Uttar Pradesh Power Corporation Limited (UPPCL) to create a separate renewable purchase obligation (RPO) Regulatory Fund. The commission has directed UPPCL ...
MNRE Plans To Bundle Thermal with Solar and Wind for Round-the-Clock Power Supply
The Ministry of New and Renewable Energy (MNRE) has come up with a draft plan to supply round-the-clock (RTC) power from renewable (solar, wind, and hydro) projects, which will be ...
Month in a Minute: Top Headlines from India’s Renewable Sector in December 2019
The year 2019 wrapped up with a host of newsworthy developments recorded in the renewable energy industry. There were several important company announcements besides crucial government updates during the last ...
SECI Invites EoI to Purchase Power for Blending with Renewable Sources
The Solar Energy Corporation of India (SECI) has invited an expression of interest (EoI) from power generators involved in hydro, pumped storage, gas, battery storage, and thermal generating stations to ...
ADB to Roll Out $1 Billion for Clean Energy Investments in the Pacific Region
The Asian Development Bank (ADB) is planning to roll out nearly $1 billion of energy investments across the region during the 2019-2021 period. As the energy demand in the Asia ...
Chhattisgarh Commission Lays Out Tariff Terms for Renewable Projects in the State
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has specified the terms and conditions of tariffs for renewable energy sources for the sale of power to distribution licensees. The renewable projects ...
CERC Accepts Two-Day Delay, Allows Issue of Pending RECs to ITC
The Central Electricity Regulatory Commission (CERC) has issued an order directing the National Load Despatch Center (NLDC) to accept a procedural delay and allow the issue of 1,585 Renewable Energy ...
Month in a Minute: Important News Snippets from India’s Renewable Sector in November 2019
For the domestic renewable industry, November was a busy month on the investment front. There were several important funding announcements in the Indian renewable sector, along with technological developments and ...
Singapore’s Temasek Partners with Swedish EQT to Build Solar & Wind Farms in India
Temasek, a Singapore-based Holdings company, has partnered with EQT, a Swedish private equity company, to launch a renewable energy platform in India. The platform, called 02 Power, aims to construct wind ...
CERC Seeks Consultants to Develop Tariff Regulations for Renewable Sources
The Central Electricity Regulatory Commission (CERC) has invited Terms of Reference (ToR) to engage consultants who will help them frame the regulations for renewable energy (RE) tariff determination starting April ...
Trading Platform for International Renewable Energy Certificates Started in Singapore
Singapore-based SP Group, one of the leading names in the energy utility business, has now become the first authorized local issuer of International Renewable Energy Certificates (I-RECs) in the Asia ...
U.S. Begins Year-Long Withdrawal Process from Paris Climate Change Accord
The United States government has said that it has submitted its formal notification of withdrawal from the Paris Climate Change Agreement to the United Nations, starting the one-year-long process. President ...
Month in a Minute: News Highlights from India’s Renewable Sector in October 2019
Compared to the previous month, there was a lull in India’s renewable energy sector mainly due to the long festive season in October. However, there were some important highlights and ...
Center Mulls 5-Min Time-Block for Deviation Settlement as Renewable Generation Surges
The Confederation of Indian Industry (CII) recently organized a conference “Energizing South” in Tamil Nadu’s capital city of Chennai. The conference’s theme was “India at 75: Forging Ahead: Commercially Smart, ...
MNRE Clarifies Target Date for Achieving 175 GW Renewable Power
The Government of India (GoI) has clarified that the target date for achieving the cumulative 175 GW renewable power installed capacity is December 31, 2022. According to the letter issued ...
Maharashtra To Launch Renewable Energy Deviation Settlement Regulations from Jan 2020
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Load Despatch Center (MSLDC) to amend its forecasting and scheduling procedure in line with the rules and principles of ...
Delhi Penalizes Three DISCOMs for Defaulting on Renewable Purchase Obligations
Delhi Electricity Regulatory Commission (DERC) has imposed penalties of ₹17.2 million (~$240,000) on Tata Power Delhi Distribution Limited (TPDDL) and ₹28.8 million (~$410,000) each on BSES Yamuna Power Ltd. (BYPL) ...
SECI Seeks Developers for 200 MW of ISTS-Connected Renewable Projects
The Solar Energy Corporation of India (SECI) has issued a notice inviting proposals for the development of renewable projects that would be connected with the inter-state transmission system (ISTS). According ...
India and Sweden to Lead UN Leadership Group to Work Towards Sustainability
As global leaders ramp up their efforts to combat climate change, a new leadership group led by India and Sweden has been announced at the UN Climate Action Summit. The ...
