CERC Announces Levelized Tariffs for Small Hydro, Biomass and Biogas Projects for FY23
The Central Electricity Regulatory Commission (CERC) has issued levelized generic tariffs for renewables for the financial year (FY) 2022-23. The control period of the tariff will be from July 1, ...
Clean Energy Supply Must Double Until 2029 to Limit Temperature Rise to 1.5 Degrees: WMO
The supply of power from renewable energy sources must double until 2029 to limit the global temperature rise to 1.5 degrees Celsius under the Paris Climate Accord, the 2022 State ...
Thermal Projects Bundled with Renewables Can Dispatch Power Without Agreement
Thermal and hydropower projects with standalone or renewable energy projects with Battery Energy Storage Systems (BESS) can be set up anywhere and dispatched to any generating station without any additional ...
Glennmont and MN To Invest €700 Million for Renewables Expansion Across Europe
Clean energy fund manager Glennmont Partners from Nuveen, in partnership with Dutch pension fund manager MN announced the launch of the Nuveen European Core Renewable Infrastructure (NECRI) strategy to provide ...
Kerala Invites Bids for Short-Term Procurement of 340 MW of Solar, Wind and Hydropower
Kerala State Electricity Board (KSEB) has invited bids to procure solar, wind, and hydropower on a short-term basis to meet its Renewable Purchase Obligations (RPO) target from November 01, 2022, ...
Rules Issued for Bundling Renewables and Storage With Thermal and Hydropower Projects
The Ministry of Power (MoP) has issued guidelines for competitive procurement of renewable power by thermal and hydropower generators under the Generation Flexibility Program. The program intends to allow flexibility ...
Scatec’s Revenue Surges YoY by 12% to $114 Million in Q2 2022
Norwegian independent power producer Scatec recorded second-quarter (Q2) revenue of NOK1,130 million (~$114 million), a year-over-year (YoY) increase of 12% from NOK1,007 million (~$102 million). The company said that the ...
Power Ministry Notifies Wind, Hydro and Energy Storage Purchase Obligation Up to 2030
The Ministry of Power (MoP) has issued the Renewable Purchase Obligation (RPO) and Energy Storage Obligation (ESO) until the financial year 2029-2030. A committee under the co-chairmanship of secretaries of ...
Philippines Awards 1.57 GW of Renewables Under its Green Energy Auction Program
The Philippines' Department of Energy has awarded 19 contracts to develop 1.57 GW renewable energy projects under the first round of the 2 GW Green Energy Auction Program (GEAP). The ...
Daily News Wrap-Up: NTPC Signs MoU with Energy Vault for Gravity-Based Energy Storage
Here are some noteworthy cleantech announcements of the day from around the world: NTPC announced the signing of a memorandum of understanding with Energy Vault Holdings, Inc. to collaborate and ...
Share of Solar Rises to 13.2% of India’s Total Installed Power Capacity
India’s installed renewable energy capacity, including large hydro projects, stood at 155.26 GW, accounting for a 39% share of the overall power mix at the end of the first quarter ...
Daily News Wrap-Up: Committee Set Up to Resolve Disputes in the Renewable Sector
Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New & Renewable Energy (MNRE) has set up a Dispute Resolution Committee (DRC) to ...
Daily News Wrap-Up: SB Energy Places Order for 1.5 GW of Solar Modules with First Solar
Here are some noteworthy cleantech announcements of the day from around the world: SB Energy Global, a subsidiary of SoftBank Group Corp., announced that it had placed a multi-year order ...
Renewable Power to be 12% to 29% Cheaper than Fossil Fuel in India, China, Australia: Report
India, China, and Australia are the top three countries where renewable energy is cheaper by 12% to 29% compared to the lowest-cost fossil fuel, Wood Mackenzie, a UK-based research firm, said ...
Serbia to Develop 11.3 GW of Solar and Wind Projects
Serbia plans to develop 8.3 GW of solar and 3 GW of wind power projects by 2024. According to the Balkan country's 'Draft Program of Economic Reforms 2022-2024', the total ...
Detailed Rules on Bundling Renewables With Thermal & Hydropower Under Existing PPAs
The Ministry of Power has outlined a detailed mechanism allowing the bundling of thermal and hydropower projects with standalone renewable energy projects or renewable energy projects with battery storage systems ...
Daily News Wrap-Up: Tata Secures Power Transmission Project in Bangladesh
Here are some noteworthy cleantech announcements of the day from around the world: Infrastructure company Tata Projects has forayed into Bangladesh's transmission and distribution sector by securing a 400 KV ...
SJVN Registers a Net profit of ₹3.39 Billion in Q1 2021-22
SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, has registered a net profit of ₹3.39 billion (~$45.63 million) in the first quarter ...
Daily News Wrap-Up: NTPC Revises its Renewable Energy Targets to 60 GW by 2032
Here are some noteworthy cleantech announcements of the day from around the world: NTPC has revised its renewable energy targets to 60 GW by 2032. The revision aligns with the ...
Hydropower Purchase Obligation to be Added to Rajasthan’s RPO Targets
The Rajasthan Electricity Regulatory Commission (RERC) has issued a draft paper to amend the RERC (Renewable Energy Obligation) Regulations, 2007, to include the hydropower purchase obligation (HPO) until the financial ...
Australia Adds 729 MW of Rooftop Solar in Q2 2021
According to data released by Australia’s Clean Energy Regulator (CER), Australia has installed 729 MW of rooftop solar capacity in the second quarter (Q2) of 2021, an 8% increase compared ...
ReNew Power Acquires 260 MW of Operational Solar Projects in Telangana
ReNew Power, an independent power producer, announced that it has signed a definitive agreement to acquire 260 MWac of operational solar projects in Telangana. In addition, the company also signed ...
Meghalaya Issues Tenders to Empanel Installers of Renewable Energy Projects
The Government of Meghalaya has invited bids to empanel firms for the design, engineering, and installation of hydro, solar, wind, and biomass projects in the state. The projects will be ...
SJVN Releases Tender to Acquire Hydro, Solar, and Wind Projects Across India
SJVN Limited has invited expressions of interest from independent power producers, power generating companies, developers, state electricity boards, and lenders for offering their hydro, solar, and wind projects in India ...
Bids Invited for Preparation of Detailed Project Reports for Small Hydro in Andhra
The New and Renewable Energy Development Corporation of Andhra Pradesh Limited (NREDCAP) has invited bids from consultants to prepare detailed project reports for the establishment of small hydropower projects at ...
