SJVN Registers a Net profit of ₹3.39 Billion in Q1 2021-22

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 ...
/ / Finance and M&A, Other
Daily News Wrap-Up: NTPC Revises its Renewable Energy Targets to 60 GW by 2032

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 ...
/ / Other, Renewable Energy
Hydropower Purchase Obligation to be Added to Rajasthan’s RPO Targets

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 ...
/ / Other, Renewable Energy
Australia Adds 729 MW of Rooftop Solar in Q2 2021

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 ...
/ / Markets & Policy, Solar
ReNew Power Acquires 260 MW of Operational Solar Projects in Telangana

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 ...
/ / Finance and M&A, Solar
Meghalaya Issues Tenders to Empanel Installers of Renewable Energy Projects

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 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 ...
/ / Other, Renewable Energy
Andhra Small Hydro

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 ...
/ / Other, Water
NTPC To Add 16.5 GW of Renewables Between 2022-2027: RK Singh

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 ...
India’s Renewable Power Installations Reached 138 GW at the End of 2020

India’s Renewable Power Installations Reached 138 GW at the End of 2020

The overall share of renewable energy (including large hydro projects) in the country’s installed power capacity mix stood at 138.27 GW, with a total share of 36.7% at the end ...
Australian Rooftop Solar Installations Down 48% Annually in October 2020

Australian Rooftop Solar Installations Down 48% Annually in October 2020

Australia installed 110.29 MW of rooftop solar capacity in October 2020, down 102 MW or about 48% from 212 MW in October 2019, according to the country's Clean Energy Regulator ...
/ / Rooftop, Solar
Mumbai Municipality Issues Tender for a 100 MW Floating Solar-Hydropower Hybrid Project

Mumbai Municipality Issues Tender for a 100 MW Floating Solar-Hydropower Hybrid Project

The Municipal Corporation of Greater Mumbai (MCGM) has floated a tender to develop 100 MW of floating solar-hydropower hybrid power projects at the Middle Vaitarna Dam in the state. Of ...
Project Finance Brief_ CIP Acquires 1.6 GW of Pumped Storage Hydro Projects in the US

Project Finance Brief: CIP Acquires 1.6 GW of Pumped Storage Hydro Projects in the US

From: Mercom Capital Group Copenhagen Infrastructure Partners (CIP) has acquired ownership of the Swan Lake (Klamath County, Oregon) and Goldendale (Klickitat County, Washington) closed-loop pump storage hydro projects. The projects ...
/ / Finance and M&A, Other
Bundling Solar & Hydro Can Bring Down Tariffs_ Interview

Bundling Solar & Hydro Can Bring Down Tariffs: Interview

SJVN Limited is a leading hydropower generator in India. It is a joint venture of the government of India and the state government of Himachal Pradesh. The hydropower generator recently ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Airports Authority of India Signs Pact With NVVN for Solar and EVs

Daily News Wrap-Up: Airports Authority of India Signs Pact With NVVN for Solar and EVs

Here are some noteworthy cleantech announcements of the day from around the world: Airports Authority of India has signed a Memorandum of Understanding with NTPC Vidhyut Vihar Nigam Limited to ...
/ / Other, Renewable Energy
Indonesia Plans Simpler Tariff Norms to Encourage Participation in Renewable Sector

Indonesia Plans Simpler Tariff Norms to Encourage Participation in Renewable Sector

The Indonesian government will soon introduce a regulation that would help expand its renewable energy sector, said Harris Yahya, director at the energy ministry’s Directorate General of Renewable Energy. The ...
/ / Other, Renewable Energy
Month in a Minute_ Top Headlines from India’s Renewable Sector in September 2020

Month in a Minute: Top Headlines from India’s Renewable Sector in September 2020

Here is a recap of some of the most important headlines from September 2020: The government of Andhra Pradesh approved ₹9 billion (~$123 million) to meet the expenditure of the state distribution ...
Solar Installations Surged, Wind Fell in Italy During First Half of 2020

Solar Installations Surged, Wind Fell in Italy During First Half of 2020

In the first half of 2020, Italy added 339 MW of new solar, wind, and hydroelectric installations, a dip of 39% compared to the same period in 2019. Solar and ...
/ / Markets & Policy, Solar
CERC Announces New Tariff Regulations for Renewable Energy Projects

CERC Announces New Tariff Regulations for Renewable Energy Projects

The Central Electricity Regulatory Commission (CERC) has come up with tariff regulations for renewable energy projects. These regulations will come into force from July 01, 2020, and will be valid ...
Andhra Pradesh Approves Greenko’s 1000 MW Solar, 550 MW Wind, and 1200 MW Storage Project

Andhra Pradesh Approves Greenko’s 1 GW Solar, 550 MW Wind, and 1.2 GW Pumped Storage Project

The Government of Andhra Pradesh has approved the establishment of an integrated renewable energy project (IREP) at Pinnapuram village in Kurnool district by Greenko Energies Private Limited. As part of ...
NHPC to Set Up 205 MW of Solar and Hydro Projects in Ladakh

NHPC to Set Up 205 MW of Solar and Hydro Projects in Ladakh

NHPC Limited plans to set up 155 MW of hydropower and 50 MW of solar projects in the union territory (UT) of Ladakh. In a meeting, A.K. Singh, chairman-cum-managing director, ...
New Generic Tariffs Announced for Renewable Projects in Goa and Union Territories

New Generic Tariffs Announced for Renewable Projects in Goa and Union Territories

The Joint Electricity Regulatory Commission (JERC) has announced generic tariffs for solar, wind, and small hydro projects. The JERC has jurisdiction over the state of Goa, and union territories of ...
Tata Power’s Subsidiary Acquires 10% Stake in Netherland’s Hydro Developer ABV

Tata Power’s Subsidiary Acquires 10% Stake in Netherland’s Hydro Developer ABV

Tata Power International Pte Ltd (TPIPL), a wholly-owned subsidiary of Tata Power Company Limited, has acquired a 10% equity stake in Adjaristqali Netherlands B.V. (ABV) from International Finance Corporation (IFC), ...
CERC Prepares Blueprint for New Tariff Regulations for Renewable Projects

CERC Prepares Blueprint for New Tariff Regulations for Renewable Projects

The Central Electricity Regulatory Commission (CERC) has come out with the draft tariff regulations 2020, which will come in force from July 01, 2020, and will remain in force until ...
Electricity Act Amendment Draft Addresses Strict Enforcement of Contracts, RPO

Electricity Act Amendment Draft Addresses Strict Enforcement of Contracts, RPO

The Ministry of Power (MoP) has issued a draft proposal for the amendment of the Electricity Act 2003 to address contract enforcement, among other vital issues. The Ministry has invited ...
/ / Grid, Market & Policy