RBI Increases Priority Sector Lending Cap to Renewables by Two-Fold

RBI Increases Priority Sector Lending Cap to Renewables by Two-Fold

The Reserve Bank of India (RBI) has come out with the details for the priority sector lending. The apex bank has increased the lending limit for the renewable sector. The ...
/ / Other, Renewable Energy
MERC Examines if Fossil Fuel-Based Cogeneration Projects Can be Exempt from RPO

MERC Examines if Fossil Fuel-Based Cogeneration Projects Can be Exempt from RPO

The Maharashtra Electricity Regulatory Commission (MERC) dismissed JSW Steel Limited’s plea seeking exemption from the requirement to meet its renewable purchase (RPO) targets to the extent of its consumption from ...
/ / Other, Renewable Energy
Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019_ Report

Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019: Report

As the world embraces renewable energies to combat the disastrous effects of climate change, solar and wind power installations continue to surge despite challenges. BloombergNEF’s (BNEF) Power Transition Trends 2020 ...
/ / Other, Renewable Energy
Month in a Minute_ Top Headlines from India’s Renewable Sector in August 2020

Month in a Minute: Top Headlines from India’s Renewable Sector in August 2020

August saw the India renewable sector trying to come to terms with the new normal in the COVID-19 world. Here is a recap of the month’s most important headlines: Mercom ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Sweden’s Azelio to Supply 65 MW of Energy Storage Systems to India

Daily News Wrap-Up: Sweden’s Azelio to Supply 65 MW of Energy Storage Systems to India

Here are some noteworthy cleantech announcements of the day from around the world: Azelio, a Sweden-based energy storage company, announced that it signed a Memorandum of Understanding (MoU) with Atria ...
/ / Other, Renewable Energy
Global Investment in Renewable Energy Could Reach $3.40 Trillion by 2030_ Report

Global Investment in Renewable Energy Could Reach $3.40 Trillion by 2030: Report

Global investments in the renewable energy sector are expected to rise to $3.4 trillion by 2030, including an estimated investment of $2.72 trillion in solar and wind energy sectors, according ...
/ / Other, Renewable Energy
Maharashtra Commission Clarifies RPO for Energy Procured from Cogeneration Projects

Maharashtra Commission Clarifies RPO for Energy Procured from Cogeneration Projects

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Oil and Natural Gas Corporation (ONGC) to comply with its renewable purchase obligation (RPO) target of 9% as per state regulations ...
Daily News Wrap-Up_ Sungrow to Supply Inverters for a 900 MW Solar Project in Dubai

Daily News Wrap-Up: Sungrow to Supply Inverters for a 900 MW Solar Project in Dubai

Here are some noteworthy cleantech announcements of the day from around the world: WAAREE Energies Limited, a Mumbai-based solar panel manufacturer, said it received an order worth $105 million to ...
/ / Other, Renewable Energy
Chhattisgarh Commission Clarifies Energy Banking Terms for Renewables

Chhattisgarh Commission Clarifies Energy Banking Terms for Renewables

The Chhattisgarh Electricity Regulatory Commission (CSERC) has proposed modalities for renewable energy banking, accounting, and wheeling of power to provide more clarity on the distributed renewable energy (DRE) regulations 2019 ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Google Signs PPA for a 140 MW Solar Project

Daily News Wrap-Up: Google Signs PPA for a 140 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Candela Renewable, a U.S.-based utility-scale solar project developer, signed a power purchase agreement (PPA) with Google for ...
/ / Other, Renewable Energy
Karnataka Stakeholder Comments Invited on Removal of Banking Facility for Renewables

Karnataka: Stakeholder Comments Invited on Removal of Banking Facility for Renewables

The Karnataka Electricity Regulatory Commission (KERC) has issued a discussion paper on wheeling charges and banking facilities for renewable projects. The Commission noted that there was a need to revise ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Hitachi ABB to Provide its New Technology for Substations in the Gulf

Daily News Wrap-Up: Hitachi ABB to Provide its New Technology for Substations in the Gulf

Here are some noteworthy cleantech announcements of the day from around the world: SP Group, Singapore-based electricity and gas distribution company, signed an agreement with the Sino-Singapore Guangzhou Knowledge City ...
/ / Other, Renewable Energy
Standard Transaction Fee Suggested For Trading Renewables in Power Exchanges

Standard Transaction Fee Suggested For Trading Renewables in Power Exchanges

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has submitted its recommendations on the proposed power market regulations to the Central Electricity Regulatory Commission (CERC). The letter noted that presently, ...
/ / Other, Renewable Energy
R K Singh Proposes Round-the-Clock Renewable Energy to fulfill RPO

R K Singh Proposes Round-the-Clock Renewable Energy to fulfill RPO

The Union Minister of Power and New & Renewable Energy, R.K. Singh, recently launched the website and telephone directory of the Association of Renewable Energy Agencies of States (AREAS). AREAS ...
/ / Other, Renewable Energy
Tata Power Seeks to Procure 150 MW of Renewables From Wind, Solar, or Hydro Projects

Tata Power Seeks to Procure 150 MW of Renewables From Wind, Solar, or Hydro Projects

Tata Power’s distribution licensee division has invited bids for the procurement of 150 MW of renewable power (wind, solar, small hydro, or combination) on a short-term basis. The company has ...
/ / Other, Renewable Energy
Daily News Wrap-Up: SunPower Completes Maxeon Spinoff, Tata Sends EVs to AYUSH Ministry

Daily News Wrap-Up: SunPower Completes Maxeon Spinoff, Tata Sends EVs to AYUSH Ministry

Here are some noteworthy cleantech news and announcements of the day from around the world: SunPower and Maxeon Solar Technologies announced that they have completed the strategic transaction, announced last ...
/ / Other, Renewable Energy
SECI Amends Tender Specifications for 5 GW of Renewable Power Bundled with Thermal

SECI Amends Tender Specifications for 5 GW of Renewable Power Bundled with Thermal

The Solar Energy Corporation of India (SECI) has issued amendments to the RfS document for the supply of 5 GW of round-the-clock (RTC) power from grid-connected renewable projects complemented with ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ ReneSola Acquires Solar Projects and Assets in the US

Funding and M&A Roundup: ReneSola Acquires Solar Projects and Assets in the US

Joule Case, a battery tech startup producing stackable energy storage units, landed more than $500,000 in funding as part of convertible notes. Using lithium-ion and lead-acid batteries, Joule Case has ...
/ / Other, Renewable Energy
ReNew and UN Environment Program to Work Together for Renewables & Energy Efficiency

ReNew and UN Environment Program to Work Together for Renewables & Energy Efficiency

ReNew Power and the UN Environment Programme (UNEP) entered a partnership agreement to promote increased access to renewable energy and improved energy efficiency. UNEP addresses environmental issues at the global ...
/ / Other, Renewable Energy
EVs, Solar, Energy Efficiency, Part of Amazon’s Approach to Sustainability_ Interview

EVs, Solar, Energy Efficiency, Part of Amazon’s Approach to Sustainability: Interview

Large corporations can play a significant role in spearheading the transition towards green energy, decarbonization, and a sustainable future. Over the last few years, Amazon, an e-commerce giant and one of ...
Daily News Wrap-Up_ Visaka Industries Acquires Patents for Integrated Solar Roof

Daily News Wrap-Up: Visaka Industries Acquires Patents for Integrated Solar Roof

Here are some noteworthy cleantech news and announcements of the day from around the world: Visaka Industries, an Indian cement roofing sheet manufacturer, announced that it had acquired patent rights ...
/ / Other, Renewable Energy
Greenko and NTPC Team Up to Develop Pumped Hydro Energy Storage Projects in India

Greenko and NTPC Team Up to Develop Pumped Hydro Energy Storage Projects in India

NTPC Limited announced that its wholly-owned subsidiary NTPC Vidhyut Vihar Nigam Limited (NVVN) signed a Memorandum of Understanding (MoU) with Greenko Energies Private Limited to explore opportunities to supply round-the-clock ...
/ / Other, Renewable Energy
APTEL Examines Petition Filed Over Wrongly Issued Renewable Energy Certificates

APTEL Examines Petition Filed Over Wrongly Issued Renewable Energy Certificates

The Appellate Tribunal for Electricity (APTEL) has passed an order asking the National Load Despatch Center (NLDC) to revoke and cancel erroneously issued renewable energy certificates (RECs) to the Andhra ...
Brazil's Copel Awards 595 MW of Solar and Wind Projects

Brazil’s Copel Awards 595 MW of Solar and Wind Projects

Brazil's Copel Mercado Livre, a subsidiary of Companhia Paranaense de Energia, announced that it had awarded 595 MW of renewable energy projects for 13 years to expand its renewable energy ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Ola Electric Invests in EV Company, JA Solar supplies 133 MW of modules

Daily News Wrap-Up: Ola Electric’s Co-Founder Invests in EV Company

Here are some noteworthy cleantech news and announcements of the day from around the world: EVage, an Indian mobility tech company, announced that it raised strategic investment through the funding ...
/ / Other, Renewable Energy