Daily News Wrap-Up: Vena Energy Secures JP¥14 Billion Green Loan for a Wind Project
Here are some noteworthy cleantech announcements of the day from around the world: Renewable energy company Vena Energy secured a JP¥14.47 billion (~$125.4 million) green loan from Shinsei Bank to ...
Daily News Wrap-Up: Sterlite Acquires Inter-State Transmission Project from PFC
Here are some noteworthy cleantech announcements of the day from around the world: Sterlite Power Transmission has acquired Nangalbibra —Bongaigaon Transmission, a special purpose vehicle (SPV) from PFC Consulting. The ...
Going for 100% Renewables Can Cut India’s Electricity Costs by Half – Wartsila Report
India can cut its overall cost of electricity in half and reach net zero before 2050 by developing a 100% renewable energy power system, according to modeling by Finnish power ...
India Aims to Meet 60% of Power Demand at Major Ports from Renewables
The government aims to meet 60% of power demand at major ports through solar, and wind power, Union Minister for Ports, Shipping, and Waterways Sarbananda Sonwal has said. Currently, renewables meet ...
DNV Issues Guidelines to Mitigate Impact of Earthquakes on Wind Power Projects
Norwegian independent energy expert and assurance provider DNV has published a recommended practice, 'Seismic Design of Wind Power Plants,' aimed at guiding developers and operators in mitigating challenges of earthquakes ...
Funding and M&A Roundup: Mitsubishi Electric to Acquire Smarter Grid Solutions
Mitsubishi Electric Corporation, together with its U.S. subsidiary Mitsubishi Electric Power Products (MEPPI), has entered into an agreement to acquire UK-based Smarter Grid Solutions, a provider of distributed energy resources ...
TPG Raises $5.4 Billion for Climate-Focused Inaugural Fund
TPG Rise Climate, the climate investing strategy of TPG's (formerly Texas Pacific Group) global impact investing platform TPG Rise, has raised $5.4 billion from over 20 companies and global institutional ...
Defense Lab Invites EoI for Fabrication of Flexible Dye-Sensitized Solar Cell Modules
Defense Laboratory, a research arm of the Ministry of Defense, has issued an expression of interest to select a development cum production partner for the fabrication of flexible dye-sensitized solar ...
Regulator Approves Tariff of ₹7.45/kWh for a Waste-to-Energy Project in Maharashtra
The Maharashtra State Electricity Regulatory Commission (MERC) has set a revised tariff of ₹7.45(~$0.10)/kWh to procure power from the waste-to-energy project based on a municipal solid waste processing unit (750 ...
SECI Amends 25 MW Solar Tender in West Bengal, Factors in BCD Imposition
The Solar Energy Corporation of India (SECI) has amended the tender for a 25 MW solar project in West Bengal, asking bidders to take note of the imposition of the ...
Tariff for a Delayed, Partially Synchronized Rooftop Solar System Slashed by 46%
The Karnataka Electricity Regulatory Commission (KERC) has issued directions for a new power purchase agreement (PPA) to be signed for a 1 MW rooftop solar power system at a revised ...
NSEFI Seeks Interest Waiver to Help Solar Developers Clear Unpaid Safeguard Duty Dues
The National Solar Energy Federation of India (NSEFI) has requested the Central Board of Indirect Taxes and Customs (CBIC) to introduce a 'Legacy Dispute Resolution/Settlement Program to help eligible safeguard ...
Residential Welfare Association Takes Auction Route to Select Rooftop Solar Installer
Solar developer and EPC (Engineering, Procurement, and Construction) service provider, U-Solar, emerged as the winner in the auction held by the Westend Heights Condominium Apartment Owners' Welfare Association (WHCAOWA) in ...
Telangana Solar Developers Write to Chief Minister About Piling Dues from DISCOMs
The Telangana Solar Power Developers' Association has urged the state Chief Minister to advise the Telangana State Power Coordination Committee and Telangana state distribution companies (DISCOMs) to clear at least ...
Month in a Minute: Top Headlines from Indian Renewable Sector in February 2021
Here is a recap of some of the most important headlines from February 2021: Total Eren and EDF Renewables announced that EDEN Renewables India has successfully secured financial closure for ...
Villages Reap Benefits from Punjab’s First Solar-Based Water Supply Projects
The Punjab Water Supply and Sanitation Department has set up the first-of-its-kind solar-based water supply projects at Jagrawan-Muradpur and Talwara villages of Jalandhar district under the 'Har Ghar Paani, Har ...
GreenCell Joins Hands with PMI Electro to Deploy 350 Electric Buses Across Uttar Pradesh
GreenCell Mobility, an electric mobility-as-a-service (eMaaS) platform, has announced that it is investing ₹4 billion (~$55.09 million) in a consortium run by PMI Electro Mobility Solutions to deploy 350 electric ...
Goa Announces Electric Mobility Initiatives
Goa's Minister of Power, Environment, and New & Renewable Energy Nilesh Cabral emphasized the importance of ushering in electric two-wheelers in Goa. He also highlighted other electric mobility initiatives as ...
Daily News Wrap-Up: Hyderabad Metro Rail Goes Solar
Here are some noteworthy cleantech announcements of the day from around the world: Amp Energy India has commissioned a behind-the-meter solar project for L&T Metro Rail (Hyderabad) Limited, a public-private ...
Developers Write to Prime Minister’ Office on the Gujarat Solar Auction Fiasco
The Solar Power Developers Association (SPDA) has written to the Prime Minister's Office (PMO), against the delays in signing the power purchase agreements (PPA) by the Gujarat Urja Vikas Nigam ...
IEX’s Green Term-Ahead Market Trades 24 Million Units of Solar Power in January
The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a trading volume of 1,233 million units (MU) in January 2021, a 9.2% monthly increase. This was ...
CERC Rejects Petition to Exempt Projects in Solar Parks from ISTS Charges
The Central Electricity Regulatory Commission (CERC) has rejected a petition to declare an inter-state transmission system (ISTS) transmission network connecting the solar park with the national grid as a ‘project ...
Amara Raja Power Wins Bid to Install Balance of Systems at NTPC’s 90 MW Solar Project
Power control equipment manufacturer and power project developer Amara Raja Power Systems (part of the Amara Raja Group of companies) has won the reverse auction conducted by NTPC for a ...
SC Allows CERC to Pronounce Orders in Reserved Matters Until New Member of Law Joins
In a new development regarding the appointment of Member (Law) at the Central Electricity Regulatory Commission (CERC), the supreme court has allowed pronouncement of judgments in some reserved matters until ...
SECI Payouts to Solar, Wind Developers up Slightly at ₹3.85 Billion in November 2020
The Solar energy Corporation of India (SECI) paid nearly ₹3.85 billion (~$52.6 million) to solar and wind developers in November 2020, which amounted to over 60% of the total amount ...
