Daily News Wrap-Up Indian Railways Aims Net-Zero Carbon Emissions by 2030 (1)

Daily News Wrap-Up: Indian Railways Aims Net-Zero Carbon Emissions by 2030

Here are some noteworthy cleantech announcements of the day from India and around the world: Minister of Railways Ashwini Vaishnaw informed the Lok Sabha that the Indian Railways aims to ...
/ / Other, Renewable Energy
Andhra Pradesh Regulator Approves Procurement of RECs by the DISCOM

Andhra Regulator Approves Renewable Energy Certificates Purchase by DISCOM

The Andhra Pradesh Electricity Regulatory Commission (APERC) recently ruled that the state distribution company (DISCOM) was entitled to procure renewable energy certificates (RECs) for the financial year (FY) 2019-20 and ...
Two And Three-Wheelers Dominate India’s 1.8 Million Registered Electric Vehicles

Two and Three-Wheelers Dominate India’s 1.8 Million Registered Electric Vehicles

India has more than 1.8 million registered electric vehicles (EVs), with Uttar Pradesh accounting for nearly 23% of the total at 0.41 million, Nitin Gadkari, Minister of Road Transport and ...
/ / Other, Renewable Energy
Daily News Wrap-Up: TotalEnergies Installs Rooftop Solar System for a Textile Company

Daily News Wrap-Up: TotalEnergies Installs Rooftop Solar System for a Textile Company

Here are some noteworthy cleantech announcements of the day from around the world: TotalEnergies ENEOS installed a 1 MW rooftop solar photovoltaic system for a textile company, Sri Kannapiran Mills, ...
/ / Other, Renewable Energy
Installed Capacity of Heat Pumps to Grow 2.6 Times to 2,600 GW by 2030: IEA

Installed Capacity of Heat Pumps to Grow 2.6 Times to 2,600 GW by 2030: IEA

The sales of heat pumps are expected to soar to record levels this decade as countries look to shift away from fossil fuel dependence for heating requirements, primarily due to ...
/ / Other, Renewable Energy
Australia’s Squadron Energy Acquires CWP Renewables

Australia’s Squadron Energy Acquires CWP Renewables

Australia’s Squadron Energy, a part of the Tattarang group of companies, said it has acquired renewable energy developer CWP Renewables for an undisclosed sum. The acquisition will boost Squadron’s operating ...
/ / Other, Renewable Energy
Lithium-ion Battery Prices Rise for First Time Since 2010 to $151/kWh

Lithium-ion Battery Prices Rise for First Time Since 2010 to $151/kWh

After declining steadily since 2010, average prices for lithium-ion battery packs across all sectors have risen to $151/kWh in 2022, a 7% rise from the year before, a BNEF report ...
Himachal Regulator Allows DISCOM to Bridge HPO Shortfall with Non-Solar Power

Himachal Regulator Allows DISCOM to Bridge HPO Shortfall with Non-Solar Power

Himachal Pradesh Electricity Regulatory Commission (HPERC) has allowed Himachal Pradesh State Electricity Board (HPSEBL) to make up for its hydropower purchase obligation (HPO) deficit with surplus non-solar power it purchased ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Canadian Solar Wins 256 MW Modules Order

Daily News Wrap-Up: Canadian Solar Wins 256 MW Modules Order

Here are noteworthy cleantech announcements of the day from around the world: Solar module maker Canadian Solar's subsidiary CSI Solar signed a 256 MW solar module contract with SOLA Group, ...
/ / Other, Renewable Energy
Renewable Capacity Growth Set to Double in Next Five Years: IEA

Renewable Capacity Growth Set to Double in Next Five Years: IEA

The International Energy Agency (IEA) has said the global energy crisis is accelerating the installation of renewable power, with the total capacity growth set to almost double in the coming ...
SECI’s Payment to Solar and Wind Developers Down 10% to ₹8.04 Billion in October

SECI’s Payment to Solar and Wind Developers Down 10% to ₹8.04 Billion in October

The Solar Energy Corporation of India (SECI) released ₹8.04 billion (~$98.6 million) in payments to solar and wind power generators for the power purchased in October 2022. The amount is ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Adani Green Commissions 450 MW Wind-Solar Hybrid Project in Rajasthan

Daily News Wrap-Up: Adani Green Commissions 450 MW Wind-Solar Hybrid Project in Rajasthan

Here are some noteworthy cleantech announcements of the day from around the world The hybrid power generation capacity of Adani Green Energy Limited (AGEL) reached 1,440 MW, with the company ...
/ / Other, Renewable Energy
Jindal Stainless Inks Pact with ReNew Power to Develop 300 MW Renewable Project

Jindal Stainless Inks Pact with ReNew Power to Develop 300 MW Renewable Project

Jindal Stainless has signed a contract with ReNew Power to develop an approximately 300 MW utility-scale captive renewable project to power its facilities in Jajpur, Odisha. The project would use ...
/ / Other, Renewable Energy
Renewable Energy Trading at IEX Dips 12% in November, Weighted Average Price Rebounds

Renewable Energy Trading at IEX Dips 12% in November, Weighted Average Price Rebounds

The Indian Energy Exchange (IEX) traded 354 million units (MU) of renewable energy in November 2022, a 12.2% decrease compared to the 403 MU traded the month before. The exchange ...
Ministry of Power Waives ISTS Charges for New Hydropower Projects

Ministry of Power Waives ISTS Charges for New Hydropower Projects

The Ministry of Power (MoP) has issued an order waiving the Inter-State Transmission System (ISTS) charges on evacuating electricity from new hydropower projects in the country. To bring parity among ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Daqo New Energy to Supply Mono-Grade Polysilicon to LONGi

Daily News Wrap-Up: Daqo New Energy to Supply Mono-Grade Polysilicon to LONGi

Here are some noteworthy cleantech announcements of the day from around the world: Daqo New Energy Corporation, a photovoltaic-grade polysilicon manufacturer, announced that its subsidiaries had signed two long-term polysilicon supply ...
/ / Other, Renewable Energy
Spain-based CEPSA to Invest €5 billion to Build Green Hydrogen Plants in Andalusia

Spain-based CEPSA to Invest €5 Billion to Build Green Hydrogen Plants in Andalusia

Spain-based energy company Compañía Española de Petróleos, S.A.U. (CEPSA) said it will invest €3 billion (~$3.15 billion) to build 2 GW plants for producing 300,000 tons of green hydrogen in ...
/ / Other, Renewable Energy
Odisha Announces Incentives for Consumers Under Renewable Energy Policy, 2022

Odisha Announces Incentives for Consumers Under Renewable Energy Policy, 2022

The Odisha government has released its renewable energy policy, which aims to provide the necessary impetus to the solar sector and accelerate its adoption in the state. The policy has ...
/ / Other, Renewable Energy
SJVN to Develop 2 GW of Solar and 1 GW of Hydroelectric Projects in Odisha

SJVN to Develop 2 GW of Solar and 1 GW of Hydroelectric Projects in Odisha

SJVN Green Energy, a wholly owned subsidiary of SJVN, has signed a memorandum of understanding (MoU) with Grid Corporation of Odisha (GRIDCO) to develop 1 GW of hydroelectric projects and ...
Daily News Wrap-Up: Vibrant Energy to Develop Wind-Solar Hybrid Projects for Amazon

Daily News Wrap-Up: Vibrant Energy to Develop Wind-Solar Hybrid Projects for Amazon

Here are some noteworthy cleantech announcements of the day from around the world: Amazon announced a partnership with Vibrant Energy to develop two wind-solar hybrid projects in India. The two ...
/ / Other, Renewable Energy
Heavy Penalty Prompts DISCOMs to Clear Dues Worth ₹246.8 billion Since June

Heavy Penalty Prompts DISCOMs to Clear Dues Worth ₹246.8 billion Since June

The prospect of heavy penalties on delayed payments has prompted the state-owned power distribution companies (DISCOMs) to clear outstanding dues worth ₹246.8 billion (~$3.04 billion) in just four installments, the ...
/ / Other, Renewable Energy
Month in a Minute Top Headlines from Indian Renewable Sector in November 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in November 2022

Here is a recap of important headlines from November 2022: India generated around 70.24 billion units (BU) of solar power in the first nine months (9M) of the calendar year ...
/ / Other, Renewable Energy
Maharashtra Regulator Allows Procurement of 500 MW of Round-the-Clock Power

Maharashtra Regulator Allows Procurement of 500 MW of Round-the-Clock Power

The Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai-Distribution to buy 250 MW of renewable energy on a round-the-clock basis from grid-connected projects through competitive bidding. The approval ...
/ / Other, Renewable Energy
Larsen & Toubro Secures $107 Million Sustainability-Linked Loan from Sumitomo

Larsen & Toubro Secures $107 Million Sustainability-Linked Loan from Sumitomo

Mumbai-based multinational conglomerate Larsen & Toubro (L&T) said it has closed a three-year $107 million sustainability-linked loan (SLL) from Sumitomo Mitsui Banking Corporation (SMBC). The company said the loan underscores ...
Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction

Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction

Tata Power Renewable Energy (TPREL) was declared the winner in Tata Power Delhi Distribution’s (TPDDL) auction for 255 MW wind-solar hybrid power projects. The company has quoted a price of ...