Renewable Energy Solutions Provider Scatec Posts $106 Million Revenue in Q1

Renewable Energy Solutions Provider Scatec Posts $106 Million Revenue in Q1

Europe-based independent power producer Scatec recorded first-quarter (Q1) revenue of NOK1014 million (~$106.2 million), a year-over-year (YoY) surge of 25% from NOK954 million (~$100.40 million) in the same period last ...
Karnataka Regulator Issues Draft RPO Target Until 2029-30

Karnataka Regulator Issues Draft RPO Target Until 2029-30

Karnataka Electricity Regulatory Commission (KERC) has issued amendments to the KERC (Procurement of Energy from Renewable Sources), Regulations, 2011 to specify the Renewable Purchase Obligation (RPO) target for 2022-23 to ...
Bids Invited from Consultants for Trading Carbon Credits from Hydropower Projects

Bids Invited from Consultants for Trading Carbon Credits from Hydropower and Solar Projects

Himachal Pradesh Power Corporation (HPPCL) has issued a notice inviting tender from consultants for registration, monitoring, verification, issuance, and trading of carbon credits for 276 MW of hydropower and 5 ...
/ / Other, Water
CERC Approves Hydropower Contracts to be Introduced in Green Term-Ahead Market

CERC Approves Hydropower Contracts to be Introduced in Green Term-Ahead Market

The Central Electricity Regulatory Commission (CERC) has approved the introduction of hydropower in the Green Term-Ahead Market (GTAM) following a petition by the Indian Energy Exchange (IEX), to facilitate the ...
Daily News Wrap-Up: MNRE Sets Residential Rooftop Capacity Target at 4 GW by 2022

Daily News Wrap-Up: MNRE Sets Residential Rooftop Solar Target at 4 GW by 2022

Here are some noteworthy cleantech announcements of the day from around the world: Minister of Power and New and Renewable Energy informed the Rajya Sabha that the Ministry of New ...
/ / Other, Renewable Energy
Himachal Pradesh’s New Policy Aims to Add 10 GW of Renewable Energy by 2030

Himachal Pradesh’s New Policy Aims to Add 10 GW of Renewable Energy by 2030

Himachal Pradesh government aims to add 10 GW of renewable energy capacity by 2030 under its ‘Swaran Jayanti Energy Policy’ to be presented this year. Himachal Pradesh leads in hydropower generation ...
/ / Other, Renewable Energy
Poland Allocates 1.3 GW of Solar and Wind Capacity

Poland Allocates 1.3 GW of Solar and Wind Capacity

Poland’s Energy Regulatory Office (ERO) has allocated a capacity of 870 MW of solar and 460 MW of wind in its latest auction. The regulatory office auctioned 570 MW of ...
/ / Solar, Tenders & Auctions
Malaysia's Renewable Energy Target for 2025 Will be Driven By Solar Report

Malaysia’s Renewable Energy Target for 2025 Will be Driven By Solar: Report

Malaysia's 2025 target to have 31% of total power capacity from renewable energy sources is expected to be supported by the strong solar sector growth, Fitch Solutions, a London-based research firm, ...
/ / Other, Renewable Energy
Rajasthan Adds Hydropower to its Renewable Purchase Obligation Targets

Rajasthan Adds Hydropower to its Renewable Purchase Obligation Targets

The Rajasthan Electricity Regulatory Commission (RERC) has included hydropower purchase obligations in the seventh amendment to its renewable power purchase obligations (RPO). The Commission revised the RPO target for financial ...
/ / Other, Renewable Energy
IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030 (1)

IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030

Global hydropower capacity is expected to increase by 17%, or 230 GW, in the upcoming decade, the International Energy Agency (IEA) said in a recent report. In 2020, hydropower was ...
/ / Other, Renewable Energy
Daily News Wrap-Up Canadian Solar Signs PPA for a 12 MW Solar Project in Italy

Daily News Wrap-Up: Canadian Solar Signs PPA for a 12 MW Solar Project in Italy

Here are some noteworthy cleantech announcements of the day from around the world: Canadian Solar has signed a long-term power purchase agreement (PPA) with Axpo Italia to procure power produced from ...
Solar's Share in India's Installed Power Capacity Rises to 10.7%

Solar’s Share in India’s Installed Power Capacity Rises to 10.7%

India's installed renewable energy (including large hydro projects) capacity stood at 141.4 GW, accounting for a share of 36.94% in the overall power mix at the end of Q1 2021, ...
Daily News Wrap-Up_ Rosatom to Acquire 49% Stake in South Korean Energy Storage Company

Daily News Wrap-Up: Rosatom to Acquire 49% Stake in South Korean Energy Storage Company

Here are some noteworthy cleantech announcements of the day from around the world: RENERA, an energy storage business arm of Rosatom, has signed an agreement to acquire a 49% share ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ L&T Bags Order to Develop 400 MW of Solar Projects in Gujarat

Daily News Wrap-Up: L&T Bags Order to Develop 400 MW of Solar Projects in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Larsen & Turbo, in a BSE filing, said its power transmission & distribution business has secured two ...
/ / Other, Renewable Energy
DISCOMs Now Have Hydropower Purchase Obligation in Their RPO Targets

DISCOMs Now Have Hydropower Purchase Obligation in Their RPO Targets

The Ministry of Power (MoP) has issued a notification specifying renewable purchase obligation (RPO) targets, including large hydropower projects commissioned after March 08, 2019. On March 08, 2019, the government ...
/ / Other, Renewable Energy
Investment of ₹52.81 Billion for an 850 MW Hydropower Project in Jammu & Kashmir Approved

Investment of ₹52.81 Billion for an 850 MW Hydropower Project in Jammu & Kashmir Approved

The Union Cabinet has approved an investment of ₹52.81 billion (~$723.43 million) for the 850 MW Ratle Hydropower project, located on the Chenab river in the Kisthwar district of Jammu ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ BHEL Wins ₹32 Billion Work Orders for Hydro Turbines and Pumpsets

Daily News Wrap-Up: BHEL Wins ₹32 Billion Work Orders for Hydro Turbines and Pumpsets

Here are some noteworthy cleantech announcements from around the world: LG Electronics announced its plans to set up a joint venture (JV) with Canada-based automotive supplier Magna International to manufacture electric motors, inverters, and ...
EPC Tender Floated for Two Small Hydropower Projects of 10 MW in Darjeeling

EPC Tender Floated for Two Small Hydropower Projects of 10 MW in Darjeeling

The West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for the development of a 10 MW (2 x 5 MW) small hydroelectric project in Lodhama in Darjeeling ...
/ / Other, Water
Daily News Wrap-Up_ Lender for Renewables, IREDA Gets Revenue Target of ₹24.06 Billion

Daily News Wrap-Up: Lender for Renewables, IREDA Gets Revenue Target of ₹24.06 Billion

Here are some noteworthy cleantech announcements of the day from around the world: The Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding with the Ministry of ...
/ / Other, Renewable Energy
Floating Solar in Hydropower Projects Could Generate 7.6 TW of Energy Annually

Floating Solar in Hydropower Projects Could Generate 7.6 TW of Energy Annually

A hybrid system combining floating solar and hydropower projects may have the potential to generate a significant amount of clean energy annually. According to a research report by the National ...
/ / Floating Solar, Solar
Appellate Tribunal Rules in Favor of Exit Clause Added in Amended Hydropower PPA

Appellate Tribunal Rules in Favor of Exit Clause Added in Amended Hydropower PPA

The Appellate Tribunal of Electricity (APTEL) has discarded the order passed by the Haryana Electricity Regulatory Commission (HERC) in which it had directed the amendment of a power purchase agreement ...
/ / Other, Water
SJVN Seeks Solar and Hydro Power Projects for Acquisition

SJVN Seeks Solar and Hydropower Projects for Acquisition

SJVN Limited has issued a notice inviting expressions of interest (EoI) from interested parties to offer their solar and hydropower projects for acquisition by SJVN. Power generation companies, power project ...
/ / Finance and M&A, Solar
Andhra Pradesh Approves Proposal for a 10 GW Mega Solar Project for Agricultural Sector

Andhra Pradesh Approves Proposal for a 10 GW Mega Solar Project for Agricultural Sector

The Andhra Pradesh cabinet has approved the proposal to develop a 10 GW mega solar power project for the benefit of the farmers in the state. The project will supply ...
India Overtakes Japan as the Fifth Largest Hydropower Generator in the World_ IHA Report

India Overtakes Japan as the Fifth Largest Hydropower Generator in the World: IHA Report

The International Hydropower Association (IHA) has released its 2020 Hydropower Status Report, which notes that India overtook Japan as the fifth largest hydropower generator in the world with an installed ...
NHPC Diversifies into Solar Power Business

NHPC Diversifies into Solar Power Business

NHPC Limited (Formerly National Hydroelectric Power Corporation), announced that its board of directors had approved a proposal to diversify the company’s business to include solar power projects. The hydropower generator ...