Solar Homes, Battery Rollout a Large Part of the $797 Million Budget for Australia’s Victoria

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 ...
/ / Finance and M&A, Other
To Promote Energy Efficiency, BEE Sets New Criteria for Star Rating of Fluorescent Lamps

To Promote Energy Efficiency, BEE Sets New Criteria for Star Rating of Fluorescent Lamps

The Ministry of Power, in consultation with the Bureau of Energy Efficiency (BEE), has amended the star rating criteria of tube lights to promote energy efficiency. The fluorescent lamps are ...
UK’s Asset Management Fund to Foray into India’s Energy Efficiency Market

UK’s Asset Management Fund to Foray into India’s Energy Efficiency Market

EnergyPro Asset Management Limited (EPAM), a U.K.-based company, is set to raise £2 million (~$2.5 million) in equity funding to bridge energy transitions in the U.K. and India through technology ...
Tamil Nadu Issues Empanelment Tender for Renewables and Energy-Efficient Appliances

Tamil Nadu Issues Empanelment Tender for Renewables and Energy-Efficient Appliances

The Tamil Nadu Energy Development Agency (TEDA) has invited bids to empanel vendors for renewable energy projects and energy-efficient appliances in the state. The scope of work includes the procurement ...
NTPC Floats Tender for Installation of Smart Meters in its Faridabad Township

EESL Successfully Installs One Million Smart Meters Across India

The Energy Efficiency Services Limited (EESL), a joint venture of public sector units under the Ministry of Power, says it has successfully installed one million smart meters across India under ...
/ / Grid, Smart Buildings
Venture Capital Funding for Battery Energy Storage Companies Rises by 103% in 2019

Venture Capital Funding for Battery Energy Storage Companies Rises by 103% in 2019

In 2019, global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies totaled $2.3 billion compared to $2.8 billion raised in ...
/ / Mercom Research Focus, Other
BEE to Help 100 Existing Buildings Achieve Nearly Zero Energy Status

BEE to Help 100 Existing Buildings Achieve Nearly Zero Energy Status

The Bureau of Energy Efficiency has a new program for conducting feasibility tests free of cost on 100 existing buildings, which will help them develop a framework to transform into ...
/ / Energy Efficiency, Other
An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report

An Estimated $24.7 Trillion Investment Potential in Green Buildings by 2030, Says IFC Report

The International Finance Corporation (IFC), a member of the World Bank Group, has come out with its latest report that sheds light on the enormous potential of green buildings in ...
/ / Energy Efficiency, Other
ADB Approves $250 Million to EESL to Assist its Energy Efficiency Program in India

ADB Approves $250 Million to EESL to Assist its Energy Efficiency Program in India

The Asian Development Bank (ADB) has sanctioned a loan of $250 million as a part of the assistance package to the Energy Efficiency Services Limited (EESL). The loan will help ...
/ / Energy Efficiency, Other
VC Funding for Battery Storage Rises by 104% in the First Nine Months of 2019

VC Funding for Battery Storage Rises by 104% in the First Nine Months of 2019

Global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies in the first nine months (9M) of 2019 was 54% higher ...
Off-Grid Solar

Easy Access to Finance in India’s Solar Off-Grid Market: PAYGo Report

Off-grid solar markets are instrumental in creating energy access to more than half a billion people around the world. According to the latest Pay-As-You-Go (PAYGo) Market Attractiveness Index (MAI), India ...
/ / Off-grid, Solar
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 ...
353 Million LED Bulbs Distributed Under Government’s UJALA Program

353 Million LED Bulbs Distributed Under Government’s UJALA Program

Under the government’s UJALA program, the Energy Efficiency Services Limited has distributed over 353 million LED bulbs so far. This, in turn, has resulted in an estimated energy savings of ...
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 ...
BEE and AEEE Release State Energy Efficiency Preparedness Index

Energy Efficiency Program for Residential Sector Launched

Minister for Power, Raj Kumar Singh announced the launch of ‘Energy Efficiency Label for Residential Sector’ program in India. The Bureau of Energy Efficiency (BEE) has developed this label for ...
EESL Launches Energy Efficient Air Conditioning Program

EESL Launches Energy Efficient Air Conditioning Program

Energy Efficiency Services Limited (EESL), a joint venture between the public-sector units of the Ministry of Power and the government of India, has launched a “Super-Efficient Air Conditioning Program” for ...
/ / Energy Efficiency, Other
Kuwait Invites Bids for Procurement of Smart Meters for Electricity and Water Consumers

Kuwait Invites Bids for Procurement of Smart Meters for Electricity and Water Consumers

Kuwait’s Ministry of Electricity and Water (MEW) has issued a request for procurement (RfP) for smart meters for electricity and water consumers with two-way communication technology. A bidder can either ...
/ / Energy Efficiency, Other
Maharashtra’s Shirdi Temple Reissues 10 MW Solar EPC Tender

UAE-Based Developer Yellow Door Raises $65 Million Investment to Scale Solar Energy

Yellow Door Energy (Yellow Door), a UAE-based solar developer, has announced that it has raised $65 million in a Series A financing round to scale its investments in solar energy and energy ...
/ / Finance and M&A, Solar
BEE to Launch Energy Conservation Building Code for the Residential Sector

BEE Inks Pact with CPWD to Promote Energy Efficiency in Buildings

The Bureau of Energy Efficiency (BEE) and the Central Public Works Department (CPWD) have signed a memorandum of understanding (MoU) kickstarting their cooperation to promote energy efficiency in buildings. The ...
/ / Energy Efficiency, Other
MSEDCL Tenders Solar to meet its RPO

Inter-State Sale of Renewable Power Should be Facilitated : NITI Aayog

The National Institute of Transforming India (NITI) Aayog has released a report called “Strategy for New India @75” to accelerate growth of the Indian economy. In the document, NITI Aayog ...
/ / Markets & Policy, Solar
India Announces New Energy Conservation Building Code for Residential Buildings

India Announces New Energy Conservation Building Code for Residential Buildings

The Ministry of Power (MoP) has announced the ECO Niwas Samhita 2018, which is the Energy Conservation Building Code for residential buildings (ECBC-R). The implementation of this code is expected ...
/ / Energy Efficiency, Other
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

India Joins Hands with Japan and France for a Sustainable Future

The Cabinet has approved a Memorandum of Understanding (MoU) between India and France in the field of energy efficiency. The MoU is a science and technology agreement, which involves knowledge ...
/ / Other, Renewable Energy
ADB to Provide $13 Million Grant to EESL for Promoting End Use Energy Efficiency in India

ADB to Provide $13 Million Grant to EESL for Promoting End Use Energy Efficiency in India

The Asian Development Bank (ADB) has entered a $13 million grant agreement with India’s Energy Efficiency Services (EESL). The grant will be provided by the Global Environment Facility (GEF) for the additional ...
/ / Energy Efficiency, Other
Telangana First State to Comply with Energy Conservation and Building Code Guidelines

Telangana First State to Comply with Energy Conservation and Building Code Guidelines

Telangana has become the first state to comply with the Energy Conservation and Building Code Guidelines (ECBC). Addressing the second regional workshop to implement Energy Conservation Building Code in India, ...
/ / Energy Efficiency, Other
BEE and AEEE Release State Energy Efficiency Preparedness Index

BEE and AEEE Release State Energy Efficiency Preparedness Index

The Bureau of Energy Efficiency (BEE) and Alliance for an Energy Efficient Economy (AEEE), have released the State Energy Efficiency Preparedness Index that assesses state policies and programs aimed at ...