India’s Power Supply Deficit Narrows to 0.3% in April-December 2020: CEA
India's power supply deficit narrowed down to 0.3% between April and December 2020, while its peak power deficit slipped to 0.6%, according to data from the Central Electricity Authority (CEA) ...
Solar Power to Cost 15% to 25% Less in the Upcoming Decade: Report
The cost of solar power has declined 90% over the past two decades, and it is expected to go down another 15% to 25% in the upcoming decade, Wood Mackenzie ...
Investment of ₹52.81 Billion for an 850 MW Hydropower Project in Jammu & Kashmir Approved
The Union Cabinet has approved an investment of ₹52.81 billion (~$723.43 million) for the 850 MW Ratle Hydropower project, located on the Chenab river in the Kisthwar district of Jammu ...
Daily News Wrap-Up: US EIA Expects 19.5 GW of Solar Additions in 2021
Here are some noteworthy cleantech announcements of the day from around the world: Qair, a France-based independent power producer, has completed applications to obtain permits for 500 MW of solar ...
Daily News Wrap-Up: Sungrow’s Cumulative Inverter Shipment to India Crosses 7 GW
Here are some noteworthy cleantech announcements of the day from around the world: Sembcorp Energy India, a wholly-owned subsidiary of Sembcorp Industries, has secured a 400 MW solar project. The ...
Morocco Issues Tender for 400 MW of Solar Projects
The Moroccan Agency for Sustainable Energy (Masen) has issued a tender to develop 400 MW of solar projects as a part of its Noor PV-II multi-site program. The last date ...
US Renewable Energy Consumption Surpasses Coal for First Time in 130 Years
Annual energy consumption from renewable sources in the United States in 2019 exceeded coal consumption for the first time since 1885, according to the U.S. Energy Information Administration’s (EIA) ‘Monthly ...
Regulator Adopts Tariff of ₹2.97/kWh for 200 MW of Solar Projects in Kerala
The Kerala State Electricity Commission (KSERC) has passed an order adopting a tariff of ₹2.97 (~$0.041) for 200 MW of solar projects awarded in the Kerala State Electricity Board Limited’s ...
No Net Metering for Rooftop Solar Systems Over 10 kW: Ministry of Power
The Ministry of Power (MoP) has issued The Electricity (Rights of Consumers) Rules, 2020 laying down the rights of power consumers to minimum standards of quality. The rules cover the ...
Asian Development Bank Approves $231 Million Loan for a Hydropower Project in Assam
The Asian Development Bank (ADB) has approved a $231 million loan to develop the Lower Kopili Hydroelectric Power (LKHEP) facility in Assam. The Lower Kopili Hydroelectric Power facility will utilize ...
SECI Floats Tender for 1.2 GW of ISTS-Connected Wind Power Projects
The Solar Energy Corporation of India (SECI) has issued a tender to select developers for 1.2 GW of interstate transmission system (ISTS) connected wind power projects (Tranche X) in the ...
SJVN to Develop an 880 MW Solar Park in Himachal Pradesh
The Chief Minister of Himachal Pradesh speaking during the plenary session of the chief ministers at the third RE-Invest 2020, said that the contract for developing the 880 MW mega ...
France’s Cumulative Solar Installations Crosses 10 GW Milestone
According to the latest data released by the French Renewable Energy Trade Association (SER), France's total installed solar photovoltaic capacity crossed the 10 GW milestone in September 2020. The newly ...
Daily News Wrap-Up: Voltalia to Develop a 49.9 MW Solar Project to Supply Power to London
Here are some noteworthy cleantech announcements of the day from around the world: Voltalia, a global renewable energy company, said it would develop a 49.9 MW solar facility to supply ...
Solar Homes, Battery Rollout a Large Part of the $797 Million Budget for Australia’s Victoria
The Australian state of Victoria is investing $797 million to help citizens cover their electricity bill costs and make homes more energy efficient. "The victorian budget 2020/21 will deliver the ...
MCX and IEX Sign Licensing Agreement to Launch Electricity Derivatives in India
The Multi-Commodity Exchange of India (MCX) announced that it has entered into a licensing agreement with the Indian Energy Exchange (IEX) to launch electricity derivatives in the country. Derivatives refer ...
Joint Electricity Regulator Approves ₹2.83/kWh for 40 MW of Wind Energy in Chandigarh
The Joint Electricity Regulatory Commission (JERC) has approved a tariff of ₹2.83 (~$0.039)/kWh and a trading margin of ₹0.07 (~$0.0009)/kWh for the procurement of 40 MW of wind power between ...
Researchers Develop a Process to Enhance Efficiency of Hot-Carrier Solar Cells
A team of researchers from the Oak Ridge National Laboratory (ORNL) and the University of Tennessee claimed that they had developed a process to slow phonos - the waves that ...
Floating Solar in Hydropower Projects Could Generate 7.6 TW of Energy Annually
A hybrid system combining floating solar and hydropower projects may have the potential to generate a significant amount of clean energy annually. According to a research report by the National ...
Tariffs to be Adjusted within 30 Days of Change in Law Event, Proposes Ministry of Power
The Ministry of Power (MoP) has drafted new electricity rules to make the compensation process easier for renewable project developers. The proposed regulations, if implemented precisely, will bring a huge ...
Hydrogen Harnessed from Ocean Water Can Solve India’s Energy Storage Challenges: Report
The United Kingdom would need 75,000 MW of offshore wind energy to achieve net-zero emission by 2050. Such a sizeable intermittent power generation capacity could be stabilized with hydrogen generated ...
Buyers Lap Up Solar and Green Power from Indian Energy Exchange’s New Trading Platform
Solar power is trading at premiums ranging between ₹0.40 (~$ 0.0054)/kWh and ₹0.60 (~$0.0082)/kWh on the Indian Energy Exchange’s (IEX) recently launched renewable energy platform, an executive told Mercom. “IEX ...
Petronas’ Indian Arm Acquires 100 MW of Solar Assets from ACME at ₹8 Billion
Amplus, the Indian arm of Petronas (Petroliam Nasional Bhd), a Malaysian government-owned oil and gas company, has acquired 100 MW of solar assets from ACME Solar. The deal was valued ...
Adani’s 1.5 GW Rajasthan Solar Park Project Hits Land Hurdle
Adani Group’s initiative to expand its solar power generation portfolio has hit a temporary roadblock. A report by PTI said that the Rajasthan High Court has temporarily stayed its 1,500 ...
Shutting Down Old & Under-Construction Coal Projects Could Save ₹1.1 Trillion: Report
In India, shutting down 20-year or older coal-fired power projects and scrapping under-construction thermal power projects could save the government, power distribution utilities, and consumers almost ₹1.1 trillion (~$15 billion), ...
