Nearly 10 GW of Renewable Capacity Added to Green Energy Corridor

Nearly 10 GW of Renewable Capacity Added to Green Energy Corridor: RK Singh

The Government of India has been working for a while now to expedite the implementation of transmission infrastructure for the evacuation of power from renewable energy projects. To accelerate the ...
India’s Economic Survey Predicts $330 Billion Investment in Renewable Sector by 2030

India’s Economic Survey Predicts $330 Billion Investment in Renewable Sector by 2030

India is among the top five countries in the world in terms of installed wind and solar capacity. According to the Economic Survey 2018-19, India ranks fourth in terms of ...
UAE Signs MoU with IRENA to Introduce Renewable Energy Studies in its Education System

UAE Signs MoU with IRENA to Introduce Renewable Energy Studies in its Education System

The UAE Ministry of Education plans to introduce training initiatives around low-carbon forms of energy into its national education system. A Memorandum of Understanding (MoU) has been signed between Hussain ...
India’s Renewable Industry Attracted FDI Worth $1.4 Billion in 2018-19

India’s Renewable Industry Attracted FDI Worth $1.4 Billion in 2018-19

Foreign direct investment (FDI) in India’s renewable energy sector has been gradually increasing over the past five financial years. The FDI inflow has increased significantly since the formation of Invest ...
Power Ministry’s 5-Year Plan Calls for Fair Share of Renewables and More Washed Coal

Power Ministry’s 5-Year Plan Calls for Fair Share of Renewables and More Washed Coal

The Ministry of Power has issued a vision document which charts the way forward for India’s power sector. The document points out the problem areas and sets the timeline for ...
India’s REC Inventory Almost Exhausted, What’s Next?

India’s REC Inventory Almost Exhausted, What’s Next?

The month of June 2019 witnessed the near exhaustion of the entire renewable energy certificate (REC) inventory on both the energy exchanges, namely the Indian Energy Exchange (IEX) and the ...
Adani Green to Develop 600 MW of Solar-Wind Hybrid Projects Auctioned By SECI

Adani Green to Develop 600 MW of Solar-Wind Hybrid Projects Auctioned By SECI

Adani Renewable Energy Park (Gujarat) Limited (AREPGL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has won a 600 MW of solar-wind hybrid power projects in an auction conducted ...
MNRE Orders Setting Up of Dispute Resolution Committee for Solar and Wind Sector

MNRE Orders Setting Up of Dispute Resolution Committee for Solar and Wind Sectors

The Ministry of New and Renewable Energy (MNRE) has issued an order to establish a system to resolve disputes between solar and wind energy developers and the Solar Energy Corporation ...
Renewables to be the Primary Source of Energy by 2040 Surpassing Coal_ BP Energy Outlook

Renewables to be the Primary Source of Energy by 2040 Surpassing Coal: BP Energy Outlook

Renewable energy is the fastest growing source of energy, accounting for around half of the increase in energy and is set to penetrate the global energy system more quickly than ...
Bombay Stock Exchange Launches Exclusive Trading Platform for Green Bonds

Bombay Stock Exchange Launches Exclusive Trading Platform for Green Bonds

India now has its own green bond trading platform. The Bombay Stock Exchange (BSE)’s international arm, India International Exchange (India INX), recently announced its exclusive green listing and trading platform ...
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

The Central Electricity Regulatory Commission has announced its ruling in a case that involved Adani Green Energy Limited (AGEL) and Power Grid Corporation Limited (PGCIL). The case was about three ...
Indian Navy Pledges 1.5% of its Works Budget Towards Renewable Energy Generation

Indian Navy Pledges 1.5% of its Works Budget Towards Renewable Energy Generation

After the Indian Armed Forces, the Indian Navy has also joined in the country’s efforts to go green. To this end, the Indian Navy has pledged 1.5% of its entire ...
CERC Orders Tariff Settlement for a 1.5 GW Hydro Project in Himachal Pradesh

CERC Orders Tariff Settlement for a 1.5 GW Hydro Project in Himachal Pradesh

The Central Electricity Regulatory Commission(CERC) has settled a dispute regarding the tariff determination of a hydro project in Himachal Pradesh. The CERC was hearing a petition filed by Sutlej Jal ...
Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Fossil fuel-based co-generation projects in Maharashtra have got time up until March 2020 to fulfill their renewable purchase obligation (RPO) targets. The Maharashtra Electricity Regulatory Commission (MERC) provided this relief ...
Singapore’s United Overseas Bank Says No to Coal Lending

Singapore’s United Overseas Bank Says No to Coal Lending

In a decision taken at its annual general meeting held recently, the United Overseas Bank (UOB), Southeast Asia's third-largest finance group and Singapore’s third largest bank, has said that it ...
IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

The Central Electricity Regulatory Commission (CERC) has ordered the Indian Energy Exchange (IEX) to give wide publicity to Green Term Ahead Market (GTAM) contracts by uploading it on its website ...
In India, Investment in Renewables Surpassed Fossil Fuels in 2017

In India, Investment in Renewables Surpassed Fossil Fuels During 2018

Global investment in the renewable energy sector has gone up by 55% since 2010, according to the World Investment Report 2019 released by the International Energy Agency (IEA). The report ...
Uttarakhand Issues Draft Tariff Regulations and RPO Targets for Solar Projects

Tata Power DISCOM Issues Tender for 100 MW of Non-Solar Power to Meet its RPO

Tata Power Delhi Distribution Limited (TPDDL) has issued a Request for Proposal (RfP) for the procurement of renewable power (non-solar) on a short-term power purchase agreement. The last date for ...
REC to Increase Loan Disbursements to Renewable Energy Segment in the Coming Years

Renewables to be ‘Must Run’ in the Draft Tariff Guidelines for Goa, Union Territories

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar. The draft is up ...
India’s Economic Survey Predicts $330 Billion Investment in Renewable Sector by 2030

Egypt Set to Open its Renewable Energy Market to Private Producers

The government of Egypt is in the process of finalizing regulations about the production and sale of electricity from new private renewable power projects directly to consumers by September 2019 ...
After January Slump, Non-Solar REC Trading Spikes in February 2018

Orient Green Power to Divest 57% Shares in its Biomass Subsidiaries

Orient Green Power Company Limited (OGPL) has decided to disinvest its entire holding of 918,954 equity shares, aggregating 57.92%, held in Sanjog Sugars and Eco-Power (Biomass subsidiary) in favor of ...
World Bank to Assist in  Sustainable Extraction of Minerals for Wind, Solar Projects

World Bank to Assist in Sustainable Extraction of Minerals for Wind, Solar Projects

To realize a lower-carbon future, there will be a substantial increase in demand for several key strategic minerals and metals to manufacture cleaner energy technologies.  Keeping this in perspective, the World ...
India’s Economic Survey Predicts $330 Billion Investment in Renewable Sector by 2030

Piramal Joins Hands with Canadian Pension Plan for a $600 Million Renewable Energy Trust

Armed with an initial corpus of $600 million (~₹41.6 billion), the newly-formed Infrastructure Investment Trust (InvIT) would seek to acquire between 1.5-2 GW of stable and cash generating renewables assets ...
India Launches National Clean Air Program to Fight Pollution

Global Renewable Energy Capacity Additions Stalled in 2018 While CO2 Emissions Rose

The growth in capacity addition of renewable energy sources has stalled, says a report by the International Energy Agency (IEA). According to the report, the year 2018 was the first ...
Is Inclusion of Large Hydro Power in India’s Renewable Mix a Good Move?

Is Inclusion of Large Hydro Power in India’s Renewable Mix a Good Move?

Large hydro power (LHP) projects are back in the limelight in India, thanks to the recent notification by the Ministry of Power in which such projects were reclassified as renewables ...