Punjab to Allow Open Access for Sanctioned Power Contract Demand of 100kVA or More

Punjab to Allow Open Access for Sanctioned Power Contract Demand of 100kVA or More

The Punjab State Electricity Regulatory Commission (PSERC) has notified the draft PSERC (Terms and Conditions for Intra-State Open Access) (10th Amendment) Regulations, 2022. The state’s regulations have incorporated provisions notified ...
/ / Markets & Policy, Solar
Sembcorp to Acquire Vector Green’s Solar and Wind Portfolio of 583 MW

Sembcorp to Acquire Vector Green’s Solar and Wind Portfolio of 583 MW

Singapore-based renewable energy company Sembcorp’s wholly-owned subsidiary Sembcorp Green Infra Limited has entered into an agreement with India Infrastructure Fund II, managed by Global Infrastructure Partners, to acquire 100% of ...
/ / Renewable Energy, Solar, Wind
Karnataka Issues Draft Green Energy Open Access Regulations

Karnataka Issues Draft Green Energy Open Access Regulations

The Karnataka Electricity Regulatory Commission (KERC) has issued the draft ‘Green Energy Open Access Regulations, 2022.’ The stakeholders can provide their suggestions within 30 days from the date of the ...
/ / Open Access, Solar
No Load Limit for Grant of Green Energy Open Access for Captive Consumers

No Load Limit for Grant of Green Energy Open Access for Captive Consumers

The Ministry of Power (MoP) has issued the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022.’ As per the new regulations, consumers will be eligible for green ...
Steel Industry Must Invest $278 Billion to Eliminate Carbon Emissions by 2050 BNEF

Steel Industry Must Invest $278 Billion to Eliminate Carbon Emissions by 2050: BNEF

The global steel industry could eliminate carbon emissions by 2050 by investing $278 billion and using green hydrogen and recycling technologies, BloombergNEF (BNEF) has said in a report. The report talks about ...
/ / Other, Renewable Energy
Chemicals Company in Punjab to Buy Renewable Energy Certificates to Fulfill RPO

Chemicals Company in Punjab to Buy Renewable Energy Certificates to Fulfill RPO

The Punjab State Electricity Regulatory Commission (PSERC) has allowed a chemicals company to fulfill its renewable energy purchase obligation (RPO) shortfall by purchasing renewable energy certificates (REC) by March 31, ...
/ / Markets & Policy, Solar
Global Energy Alliance to Unlock $100 Billion for Faster Green Energy Transition

Global Energy Alliance to Unlock $100 Billion for Faster Green Energy Transition

The new Global Energy Alliance for People and Planet (GEAPP) was launched at the COP26 Summit to accelerate investment in green energy transitions and renewable power solutions in developing and emerging economies ...
/ / Finance and M&A, Other
A Record 726 MU of Renewables Traded at IEX’s Green Term-Ahead Market in July

A Record 726 MU of Renewables Traded at IEX’s Green Term-Ahead Market in July

The Indian Energy Exchange (IEX) traded an all-time high volume of 726 MU of renewable energy in July 2021, a 76% month-over-month (MoM) increase compared to 412 MU in the ...
/ / Other, Renewable Energy
IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021

IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021

The Indian Energy Exchange (IEX) traded 412 MU of green energy in June 2021 due to the ongoing wind season. This is a 15% increase compared to 357 MU traded in May ...
Daily News Wrap-Up: KPI Global Signs PPA for 5.7 MW of Solar with Polycab India

Daily News Wrap-Up: KPI Global Signs PPA for 5.7 MW of Solar with Polycab India

Here are some noteworthy cleantech announcements of the day from around the world: KPI Global has signed a new long-term power purchase agreement with Polycab India Limited, Vadodara, for the ...
Daily News Wrap-Up: Solar Project with Energy Storage Coming Up in Mozambique

Daily News Wrap-Up: Solar Project with Energy Storage Coming Up in Mozambique

Here are some noteworthy cleantech announcements of the day from around the world: Africa-based independent power producer Globeleq and its project partners, Source Energia and Electricidade de Moçambique (EDM), have begun ...
Daily News Wrap-Up Tata Power Solar to Build a 210 MW Solar Project for NTPC

Daily News Wrap-Up: Tata Power Solar to Build a 210 MW Solar Project for NTPC

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar has received a Letter of Award from NTPC to build a 210 MW solar ...
Adani Green to Acquire SB Energy’s 5 GW Renewable Assets for $3.5 Billion

Adani Green to Acquire SB Energy’s 5 GW Renewable Assets for $3.5 Billion

Adani Green Energy Limited (AGEL) has signed a share purchase agreement to acquire 100% stake in SB Energy India from Soft Bank Group (80%) and Bharti Group (20%). The transaction marks the ...
/ / Finance and M&A, Solar
Trade Volume of Solar in IEX’s Green Term-Ahead Market Soars in April 2021

Trade Volume of Solar in IEX’s Green Term-Ahead Market Soars in April 2021

Indian Energy Exchange (IEX) traded a record 78 MU (million units) of solar power in April, a 272% surge from the 21 MU traded in March 2021. The exchange’s real-time ...
SECI Amends 1,785 MW Solar Tender in Rajasthan, Extends Bid Submission Deadline

SECI Amends 1,785 MW Solar Tender in Rajasthan, Extends Bid Submission Deadline

The Solar Energy Corporation of India (SECI) has revised the bid submission deadline for the 1,785 MW of solar tender (Tranche IV) floated for Rajasthan. The tender was initially issued ...
Daily News Wrap-Up juwi to Build Solar Battery Hybrid Project at Egypt’s Largest Gold Mine

Daily News Wrap-Up: juwi to Build Solar Battery Hybrid Project at Egypt’s Largest Gold Mine

Here are some noteworthy cleantech announcements of the day from around the world: South Africa-based subsidiary of German renewable energy company juwi has signed an agreement with Sukari Gold Mines ...
First Solar Clocks 32% Rise in Net Sales QoQ in Q1 2021

First Solar Clocks 32% Rise in Net Sales QoQ in Q1 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the first quarter of 2021 (Q1 2021). Net sales for Q1 2021 touched $803.4 million, an ...
Daily News Wrap-Up: ENGIE to Develop 2 GW Renewable Energy Portfolio in Chile

Daily News Wrap-Up: ENGIE to Develop 2 GW Renewable Energy Portfolio in Chile

Here are some noteworthy cleantech announcements of the day from around the world: Global energy player ENGIE will develop a 2 GW renewable energy portfolio in Chile. It includes an ...
Daily News Wrap-Up_ EBRD and Green Climate Fund Provide Green Financing to Armenia

Daily News Wrap-Up: EBRD and Green Climate Fund Provide Green Financing to Armenia

Here are some noteworthy cleantech announcements of the day from around the world: European Bank for Reconstruction (EBRD) and the Green Climate Fund (GCF) will support Armenia's transition to a low-carbon economy ...
/ / Other, Renewable Energy
Investors Must Come With Strong Operating Knowledge Of The Indian Market

Investors Must Come With Strong Operating Knowledge of The Indian Solar Market

At the Fireside Chat session held on Day 1 of the Mercom India Solar Summit 2021, Sumant Sinha, Chairman, and Managing Director, ReNew Power, shared industry insights in a freewheeling ...
/ / Markets & Policy, Solar
Amplus Acquires 17 Rooftop Solar Projects from Sterling and Wilson

Amplus Acquires 17 Rooftop Solar Projects from Sterling and Wilson

Solar developer Amplus Solar has announced the acquisition of 17 on-site operational solar projects from Sterling and Wilson Private Limited. Spread over Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana, and ...
/ / Finance and M&A, Solar
NLC India Ups Green Power Generation Capacity by 39% in 2020-21

NLC India Ups Green Power Generation Capacity by 39% in 2020-21

NLC India Limited (NLCIL), a public sector undertaking engaged in coal mining and power generation, has increased its green power generation by 39% and mining capacity by 66%. The company ...
/ / Other, Renewable Energy
Mercom India Solar Awards 2021 Winners Announced

Mercom India Solar Awards 2021 Winners Announced

Mercom India, a subsidiary of U.S.-based Mercom Capital Group and leading clean energy communications and consulting firm, announced the winners of the Solar Awards 2021 on the second day of ...
/ / Markets & Policy, Solar
Adani Electricity Gives Mumbai Consumers Guilty of Dirty Coal to Switch to Green Energy

Adani Electricity Gives Mumbai Consumers Guilty of Dirty Coal Option to Switch to Green Energy

In a bid to transition Mumbai towards green energy, Adani Electricity Mumbai Limited (AEML), the city’s largest electricity distributor, is launching a program to give consumers the flexibility to set ...
/ / Other, Renewable Energy
Shell to Annually Invest $5-6 Billion in Renewables, Low-Carbon Fuels & EV Charging

Shell to Annually Invest $5-6 Billion in Renewables, Low-Carbon Fuels & EV Charging

Global energy conglomerate, Royal Dutch Shell, has said it will invest $5-6 billion annually in its Growth Pillar, including $2-3 billion in renewables and energy solutions, to accelerate its transformation ...
/ / Other, Renewable Energy