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 ...
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
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 were previously owned and ...
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 ...
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 ...
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 ...
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
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 ...
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 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 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
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 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
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
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 ...
India Likely to Have 300 GW of Solar and 140 GW of Wind Capacity by 2030: CEA
With its focus on India’s aim to achieve 40% non-fossil fuel generation capacity in the country’s power generation mix by 2030, the Central Electricity Authority (CEA) has released a draft report on ...
Spot Power Price Dips Slightly in June 2019 at 3.32/kWh as Solar Generation Rises
In June 2019, the spot power price was recorded at ₹3.32 (~$0.0483)/kWh. After soaring high for four consecutive months in 2019, the spot power price has now declined slightly by ...
Himachal Pradesh Sets Tariff for Kinnaur’s 300 MW Hydro Project
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has set the tariff for sale of power from BASPA II, which is a 300 MW hydropower project located on river Baspa (a tributary ...
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019
In May 2019, the spot power price rose to ₹3.34 (~$0.048)/kWh, making it the fourth consecutive month in 2019 in which spot power price has continued its rise. In April ...
HERC Rejects Petition to Retain Exit Clause of a 36 MW Hydro Project
In a review petition, the Haryana Power Purchase Center (HPPC), had asked the Haryana Electricity Regulatory Commission (HERC) to review its order passed on March 8, 2019, in which it ...
India’s Solar Capacity Reaches 30 GW Milestone
Solar installations in India have reached 30 GW according to preliminary figures from Mercom’s India Solar Project Tracker. The share of solar capacity grew from 6.6% as of March 2018 ...
News Highlights from India’s Renewable Industry in March 2019
The month of March witnessed some important announcements from the Indian government in the renewable energy and e-mobility sectors. For instance, March witnessed the important announcement that the Union Cabinet ...
Share of Solar Rises to 7.46% of India’s Total Installed Power Capacity
Renewable energy capacity additions continue to increase in India, accounting for approximately 21.41 percent of India’s capacity mix at the end of September 2018. This is an 0.48 percent increase ...
Spot Power Price Rose 41% Due to Shortage of Coal, Reduced Generation from Hydro and Wind
Spot power price witnessed an unprecedented spike in September 2018, reversing the trend from the previous months. In September 2018, the recorded spot power price was ₹4.69 (~$0.063)/kWh. This is ...
Ministry of Power Issues Revised Proposal for Amendments to the Electricity Act
The Ministry of Power has issued a revised proposal for amendments to the Electricity Act 2003. The revised proposal is open for comments up to October 22, 2018. In the ...
