UK Pledges £100m for Improving Electricity Access in Sub-Saharan Africa

UK Pledges £100m for Improving Electricity Access in Sub-Saharan Africa

The United Kingdom has committed an additional funding of £100 million for the Renewable Energy Performance Platform (REPP) which aims to give a major boost to Sub-Saharan Africa’s small to ...
/ / Other, Renewable Energy
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

India Joins Hands with Japan and France for a Sustainable Future

The Cabinet has approved a Memorandum of Understanding (MoU) between India and France in the field of energy efficiency. The MoU is a science and technology agreement, which involves knowledge ...
/ / Other, Renewable Energy
CEA Asks States to Use 5-10% Biomass Pellets for Power Generation in Thermal Plants

Maharashtra’s MSEDCL to Procure 50 MW of Biomass Power Through Reverse Auction

The Maharashtra Electricity Regulatory Commission (MERC) has approved a petition filed by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the long-term procurement of 50 MW of biomass power ...
/ / Other, Renewable Energy
PFC Issues $400 Million of Green Bonds on LSE’s International Securities Market

Namibia Announces Issuance of its First Green Bond

In a first for the country, Namibia recently announced the launch of its green bond. By doing this, Bank Windhoek, a wholly Namibian-owned commercial bank, became the first commercial bank ...
/ / Other, Renewable Energy
Ministry of Power Issues Revised Proposal for Amendments to the Electricity Act

EBRD to Lend $265 Million to Jordan to Develop its Grid for Renewable Energy Integration

The European Bank for Reconstruction and Development (EBRD) has said it will provide $265 million long-term loan to Jordan’s National Electric Power Company (NEPCO). The fund will be used to improve ...
/ / Other, Renewable Energy
ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India

World Bank Pledges $200 Billion to Combat Climate Change

Global financial institution World Bank has pledged a corpus of $200 billion for climate action over a five-year period. The World Bank has set this corpus to meet climate targets set by ...
/ / Other, Renewable Energy
India’s Solar Installations Decline Quarter-Over-Quarter to 1.6 GW in Q2 2018

African Countries Receive Financial Assistance Against Payment Risk for Renewable Projects

The Regional Liquidity Support Facility (RLSF) has signed agreements with five African countries to provide financial assistance to their independent power producers (IPPs) against payment risks, noting that the lack of ...
/ / Other, Renewable Energy
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

Green Bank Network to Provide $41 Billion for Green Infrastructure Projects Around the World

Green Bank Network  is expected to mobilize $41 billion in public and private capital for green infrastructure projects around the globe. Green banks are specialised financial institutions that work closely ...
/ / Other, Renewable Energy
IL&FS Offers to Sell Stakes in its Renewable Energy Assets of Solar and Wind Projects

IL&FS Offers to Sell Stakes in its Renewable Energy Assets of Solar and Wind Projects

In a major development, the Infrastructure Leasing & Financial Services Ltd (IL&FS) has announced that it is going to achieve the resolution of the IL&FS group through certain measures, including ...
/ / Other, Renewable Energy
Sourcing Power from Multiple Generators for Open Access not Permissible

Solar Potential in West Africa Ranges from 8 GW to Over 20 GW by 2030: Report

The International Renewable Energy Agency (IRENA) in its report “Planning and prospects for renewable power: West Africa” has highlighted scenarios for the growth of renewables in West Africa’s power systems ...
/ / Other, Renewable Energy
Gujarat High Court Gives Go-Ahead to GUVNL’s 500 MW Wind Auction

Abu Dhabi Fund Commits $50 Million for IRENA-Recommended Renewable Projects

The Abu Dhabi Fund for Development (ADFD) has committed $50 million for renewable energy projects that are recommended by International Renewable Energy Agency (IRENA). The ADFD and IRENA have invited ...
/ / Other, Renewable Energy
Google Announces its Green Energy Plans in Denmark

Google Announces its Green Energy Plans in Denmark

Adding another feather to its green cap, tech giant Google has now announced that it will invest 4.5 billion Danish crowns ($690 million) in building a renewable powered data center in ...
/ / Other, Renewable Energy
RE100 Member Companies to Source 100% Electricity from Renewables By 2026: Report

RE100 Member Companies to Source 100% Electricity from Renewables By 2026: Report

According to a new report published by RE100, its member companies sourced 72 TWh of renewable power in 2017, an increase of 41 percent compared with the preceding year. RE ...
/ / Other, Renewable Energy
Five Indian Environmental Projects to be Showcased at Paris Peace Forum 2018

Five Indian Environmental Projects to be Showcased at Paris Peace Forum 2018

Five Indian projects have been selected to present at the Paris Peace Forum, new annual event based on the idea that international cooperation is key to tackling global challenges and ...
/ / Other, Renewable Energy
EBRD and Bank Audi to Provide $200 Million for Renewable Projects in Lebanon

EBRD and Bank Audi to Provide $200 Million for Renewable Projects in Lebanon

The European Bank for Reconstruction and Development (EBRD) has signed its first green economy financing facility (GEFF) in Lebanon. The EBRD and Bank Audi, the largest bank in Lebanon, are joining ...
/ / Other, Renewable Energy
Mongolia Gets $60.6 Million for Solar-Wind Hybrid Project with Battery Energy Storage

Mongolia Gets $60.6 Million for Solar-Wind Hybrid Project with Battery Energy Storage

The Asian Development Bank (ADB) has signed a loan agreement with the Government of Mongolia under which it will be providing $60.6 million for distributed renewable energy projects in the ...
/ / Other, Renewable Energy
Maharashtra Electricity Commission Dismisses Bagasse-Based Developer’s Petition

Maharashtra Electricity Commission Dismisses Bagasse-Based Developer’s Petition

The, Maharashtra Electricity Regulatory Commission (MERC) has dismissed a petition filed by Olam Agro India Pvt. Ltd. (OAIPL) to directing MSETCL to comply with MERC’s previous impugned order. The commission ...
/ / Other, Renewable Energy
Sri Lanka Faces Arbitration Case Over Cancellation of Wind-Solar Hybrid Power Project

Sri Lanka Faces Arbitration Case Over Cancellation of Wind-Solar Hybrid Power Project

KLS Energy Lanka, a subsidiary of Malaysian renewable energy producer, Energy Sdn Bhd has filed an arbitration against the Sri Lankan government. The arbitration under BIT Malaysia – Sri Lanka ...
/ / Other, Renewable Energy
Blockchain-Powered Renewable Energy Certificate Trading Platform Opened in Singapore

Blockchain-Powered Renewable Energy Certificate Trading Platform Opened in Singapore

Singapore’s SP Group, an energy utility group, has launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplaces at the Association of Southeast Asian Nations (ASEAN) Energy Business ...
/ / Other, Renewable Energy
Hydro Power Developer Wins Case against Maharashtra Transmission Company

Hydro Power Developer Wins Case against Maharashtra Transmission Company

The Maharashtra Electricity Regulatory Commission (MERC) has passed an order directing the Maharashtra State Electricity Transmission Co. Ltd. (MSETCL) to pay a total sum of ₹5.5 million (~ $0.075 million) to a ...
/ / Other, Renewable Energy
Corporates Win Three RPO Compliance Delay Cases in Karnataka

Corporates Win Three Solar and Non-solar RPO Compliance Delay Cases in Karnataka

In three separate cases related to the delay in compliance of renewable purchase obligation (RPO)by corporates, the Karnataka Electricity Regulatory Commission (KERC) has provided relief to the obligated entities. Case ...
/ / Other, Renewable Energy
Small Hydro Project Developer in Maharashtra Gets Relief from DISCOM's Non-Compliance

Small Hydro Project Developer in Maharashtra Gets Relief from DISCOM’s Non-Compliance

In its latest ruling, the Maharashtra Electricity Regulatory Commission (MERC) has provided relief to Mohite Industries, a small hydro project developer of a 10 MW Radhanagari small hydro power project ...
/ / Other, Renewable Energy
Maharashtra Approves 200 MW of Bagasse-Based Projects

Maharashtra Approves 200 MW of Bagasse-Based Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) proposal to procure long-term bagasse-based cogeneration power through competitive bidding. This paves the way for ...
/ / Other, Renewable Energy
CEA Charts Transmission Infrastructure Plan for 4,950 MW of Wind Projects

Levelized Fixed Cost for Bagasse-based Projects in Telangana to be ₹2.23/kWh

The Telangana State Electricity Regulatory Commission (TSERC) has passed an order regarding the determination of generic tariff for bagasse-based power plants in Telangana for the control period 2018-2020. The commission ...
/ / Other, Renewable Energy
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

The Green Climate Fund (GCF) has approved more than $1 billion funding for new projects and programs to help mitigate climate change in developing countries. This is the world’s largest ...
/ / Other, Renewable Energy