Defer Bids Until Power Sale Agreements Backlog is Cleared – Solar Developers to Minister
The Solar Power Developers Association (SPDA) has written to Union Power Minister R.K. Singh asking to stop new auction activity for solar projects until the backlog of power sale agreements ...
Adani Green to Acquire a 75 MW Solar Project from Sterling and Wilson
Adani Green Energy Limited (AGEL) has announced that it will acquire 75 MW of operational solar assets in Telangana from Sterling and Wilson, a Shapoorji Pallonji Group subsidiary, for ₹4.46 ...
Adani Receives Letter of Award for 300 MW Wind Power Projects
Adani Green Energy Holding Fifteen Limited, a subsidiary of Adani Green Energy Limited (AGEL), announced that it received a letter of award for a 300 MW wind energy project. Adani ...
SECI Payouts to Solar, Wind Developers Stood at ₹4.25 Billion in January 2021
The Solar Energy Corporation of India (SECI) paid about ₹4.25 billion (~$58.6 million) to solar and wind developers in January 2021, according to data released by the agency. These expenses ...
Lowest Tariff of ₹2.77/kWh Quoted in SECI’s 1.2 GW Wind Auction
Adani Renewable Energy, Ayana Renewable Power, Evergreen Power, and JSW Future Energy won 1.2 GW of wind power projects in the Solar Energy Corporation of India’s (SECI) auction to select ...
Haryana Budget Includes Solar Projects, Lights, Pumps, and EV Announcements
Haryana Chief Minister Manohar Lal announced the budget for 2021-22. Provisions were made to set up 93 MW of solar projects, among other renewable and e-mobility plans. The Haryana Power ...
REC Market Counting on RPO Compliance Deadline Extension Amidst Trading Halt
As the power market awaits the end of an over seven-month halt in the trading of renewable energy certificates (REC), stakeholders remain hopeful of a deadline extension from their respective ...
Distributed Solar Company Fourth Partner Enters JV With Indonesian Energy Company
Distributed solar company, Fourth Partner Energy, has announced a joint venture (JV) - Empat Mitra Indika Tenaga Surya – with Indonesia-based energy company Indika Energy to speed up renewable energy transition ...
Karnataka’s Renewable Energy Policy for 2021-2026 Aims at Adding 2 GW of Rooftop Solar
Karnataka Renewable Energy Development Limited (KREDL) has issued the ‘Draft Karnataka Renewable Energy Policy 2021-2026” aimed at developing 20 GW of renewable energy projects with and without energy storage. According ...
JSW Announces Sustainability, Renewable Energy Generation Roadmap
Mumbai-based power producer JSW Energy announced plans to double its power generation portfolio with renewable and hydropower-based generation sources contributing to 70% of its total capacity in the medium term ...
Torrent Power Posts Decline in Revenue, Net Profit in Third Quarter of FY 2020
Gujarat-based power generation company Torrent Power reported a slight decline in its revenue in the third quarter (Q3) of the financial year 2020 (FY 2020) to ₹29.53 (~$405.3 million) billion, down 4.3% ...
Haryana Sets Levelized Tariff of ₹2.48/kWh for Amplus Sun’s 50 MW of Solar Projects
The Haryana Electricity Regulatory Commission (HERC) has approved a tariff of ₹2.48 (~$0.034)/kWh for 50 MW of Amplus Sun Solutions' solar power projects in Bhiwani, Haryana, after re-examining the capital ...
Solar Energy to Equal Coal’s Share in India’s Power Mix by 2040: IEA
India is expected to see the largest increase in energy demand globally over the next two decades and will overtake European Union as the third-largest energy consumer by 2030, the ...
NTPC To Add 16.5 GW of Renewables Between 2022-2027: RK Singh
NTPC Limited has installed 1,083 MW of solar, wind, and small hydropower projects and plans to add 16.5 GW of renewables between 2022-27, Union Power Minister R.K. Singh said in ...
Solar Generation in Q4 2020 9% Higher from Previous Quarter, Up 26% Annually
In Q4 2020, the country generated about 14.2 billion units (BU) of solar power compared to 12.9 BU in the previous quarter. The data showed that solar generation was returning ...
Molten Salt Metal-Air Battery Can Extend the Range of Electric Vehicles
A team of researchers from the University of Nottingham, in collaboration with six research institutes of China, has designed a new rechargeable battery using salt as a key ingredient to ...
SECI Seeks Consultants for a 100 MW Solar Project with Battery Energy Storage System
The Solar Energy Corporation India (SECI) has floated a global tender for consultancy services for a 100 MW (AC) solar project along with a 40 MW/120 MWh battery energy storage ...
Outlook for Energy Storage in 2021
As renewable installations in the country rise, it is crucial to ensure adequate energy storage solutions are in place to support renewables integration into the power mix. While the Indian government ...
Open Access Solar Installations Increased by 56% in 2020 Despite Challenges
The total installed capacity in the open access (OA) market as of December 2020 stood at almost 4 GW, with a project development pipeline of over 1 GW, according to ...
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) ...
Daily News Wrap-Up: Windel and Canadian Solar to Develop 1.4 GW of Solar Projects
Here are some noteworthy cleantech announcements of the day from around the world: Windel Capital has signed a project development agreement with Canadian Solar to co-develop 1.4 GW of solar ...
Rhode Island Aims to Meet All its Energy Demand From Renewables by 2030
The state of Rhode Island in the U.S. aims to meet 100% of its energy demand from renewable energy sources by 2030. Gina Raimondo, the governor of Rhode Island, signed ...
Corporate Funding for Battery Energy Storage Companies Was Up 136% at $6.6 Billion in 2020
Total corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors in 2020 was up 112% at $8.1 billion ...
World Bank Floats EoI for Off-Grid Solar Energy Access Report
The World Bank has issued expression of interest (EoI) documents seeking consultants for an assignment to chart out an investment roadmap for sub-Saharan African countries to help them achieve universal ...
Daily News Wrap-Up: Total, 174 Power Global to Develop 1.6 GW of Solar Projects
Here are some noteworthy cleantech announcements of the day from around the world: Total and 174 Power Global have signed an agreement to form a 50-50 joint venture to develop ...
