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 ...
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 ...
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 ...
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 ...
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 ...
Uttar Pradesh to Issue RfS to Procure Bagasse-Based Power at Ceiling Tariff of ₹4.81/kWh
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved amendments to the bidding documents for the procurement of bagasse-based power from generators by the Uttar Pradesh Power Corporation Ltd. (UPPCL) ...
Uttar Pradesh to Amend Regulations for Captive and Renewable Energy Generating Projects
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued a concept paper to amend its Captive and Renewable Energy Generating Projects (CRE) Regulations 2014. The UPERC wants to incorporate the benefit ...
UK Climate Investment and Investec Pledge 1 Billion Rand for Renewable Projects in Africa
The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand ($36 million) in Revego Africa Energy Limited, an investment vehicle dedicated for renewable energy projects in Africa ...
India Launches National Clean Air Program to Fight Pollution
India has launched a program to battle the increasing level of pollutants in the air. The National Clean Air Program (NCAP) is a time-bound national level strategy for pan India ...
CERC Proposes Generic Tariffs for Renewable Energy Sources for FY 2019-20
The Central Electricity Regulatory Commission (CERC) has proposed a set of levelized generic tariffs for the purchase of electricity from a host of renewable energy generation sources during financial year (FY) 2019-20 ...
Small Hydro Power Developer in Maharashtra Wins Case Against MSEDCL
The Maharashtra Electricity Regulatory Commission (MERC) has passed an order reprimanding the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for not paying the interest accumulated on its principle dues to a small ...
Gujarat Revises RPO Targets for FY 2013-14 Retroactively
The Gujarat Electricity Regulatory Commission (GERC) has revised the state renewable purchase obligation (RPO) for entities in the state for the financial year (FY) 2013-14 retroactively. The order came after ...
Delhi’s Draft RPO and REC Regulations Make Way for Stricter Implementation
The Delhi Electricity Regulatory Commission (DERC) has issued draft regulations for the implementation of renewable purchase obligation (RPO) and renewable energy certificate (REC) framework. The draft is up for comments ...
Open Access Banked Units Can be Adjusted If Power Sourced from Same Generator: MERC
The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has clarified that open access consumers can avail open access throughout the year and are entitled for adjustment of the banked ...
Generic Renewable Energy Tariff to Act as Ceiling Tariff for Competitive Bidding: MERC
“The generic tariff fixed by the commission in cases where competitive bidding is also permissible should act as the ceiling tariff for guiding the competitive bidding process,” said the Maharashtra ...
Most States Fail to Meet RPO Targets with 27 Achieving Less Than 60%
As many as twenty seven Indian states and union territories in the country have achieved less than 60 percent of their renewable purchase obligations (RPO), according to a statement made ...
Andhra Pradesh Reveals New Wind-Solar Hybrid Policy
The Andhra Pradesh government has issued Wind-Solar Hybrid Power Policy-2018 to encourage energy generation from wind and solar hybrid projects in the state. The state government has set a target ...
CERC Charts Plan to Redesign India’s Power Market
In a recent discussion paper titled Market Based Economic Dispatch of Electricity: Re-designing of Day-Ahead Market (DAM) in India, the Central Electricity Regulatory Commission (CERC) has analyzed India’s power market, ...
Madhya Pradesh Sets New Tariff for Procuring Power from Small Hydro Projects
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has issued a tariff order for the procurement of power from small hydro power projects in the state. The commission has determined the tariff, ...
