Uttar Pradesh DISCOM Gets Approval to Call for Bids to Procure 400 MW of Hydropower
In a recent petition, the Uttar Pradesh Power Corporation Limited (UPPCL) had asked the Uttar Pradesh Electricity Regulatory Commission (UPERC) to allow some modifications in the power purchase agreements (PPA) ...
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation
The Central Electricity Regulatory Commission has announced its ruling in a case that involved Adani Green Energy Limited (AGEL) and Power Grid Corporation Limited (PGCIL). The case was about three ...
Solar Project Developer KPI Global Acquires a New Special Purpose Vehicle
In a filing to the Indian stock exchanges, Gujarat-based KPI Global Infrastructure (KPI Global) has announced the acquisition of KPIG Energia Private Limited, a newly-formed special purpose vehicle registered on ...
Average Power Purchase Cost for Open Access Solar and Wind Projects Set At ₹3.60/kWh
The Central Electricity Regulatory Commission (CERC) has approved the new national average power purchase cost (APPC) of ₹3.60 (~$0.051)/kWh for open access for FY 2019-20. In May 2019, the CERC ...
Madhya Pradesh Proposes EV Charging Tariff of ₹6 and ₹5.90 for LT and HT consumers
The Madhya Pradesh Power Management Company Limited (MPPMCL) has proposed the tariff for electric vehicle (EV) and electric rickshaw charging infrastructure in the state. This has been passed in a ...
ISA Invites Member Countries to Endorse Organizations for Developing Solar Projects
In a letter to member countries, the International Solar Alliance (ISA) has invited government owned/public sector companies which have an operating solar capacity greater than 250 MW to submit proposals ...
MNRE Asks Developers to Use Robotics for Efficient Use of Water in Solar Projects
The Ministry of New and Renewable Energy (MNRE) has issued a letter recommending efficient utilization of water for cleaning utility-scale solar projects. The ministry has said that project developers are ...
Mitsui to Acquire 49% Stake in Mahindra Group’s Cleantech Arm
Japanese trading and investment company Mitsui & CO Limited (Mitsui) has announced that it has entered into an agreement with Indian engineering, procurement, and construction company (EPC), Mahindra Susten, to ...
Tariff for EV Charging in Chandigarh Set at ₹4/kWh
In a bid to encourage the adoption of intelligent mobility among residents, the Joint Electricity Regulatory Commission has set the tariff for electric vehicle (EV) charging in Chandigarh. The commission ...
Court Upholds Deviation Settlement Mechanism Order Passed by Rajasthan Commission
Recently, a petition filed by the Indian Wind Power Association (IWPA) had challenged the validity of the deviation settlement mechanism (DSM) regulations passed by the Rajasthan Electricity Regulatory Commission (RERC) ...
India the Lowest Cost Producer of Solar Power: IRENA
According to a report by the International Renewable Energy Agency (IRENA), the cost of renewable energy sources fell to record lows again in 2018. The report finds that costs from ...
UK’s Zouk Capital Acquires Majority Stake in Italy’s Electric Mobility Utility BE Power
Zouk Capital, an infrastructure and private equity fund manager, based out of the United Kingdom, has acquired a majority stake in BE Power. BE Power is a digital utility active ...
The United Kingdom Joins International Solar Alliance
The United Kingdom is the latest entrant to the International Solar Alliance (ISA), joining hands with India and 73 other member nations toward a common goal of sustainability. The United ...
Serious Policy Push Needed to Get India’s Rooftop Solar Market to the Next Level
The rooftop solar segment in India has been growing at a brisk pace, with cumulative installed capacity reaching 3,260 MW as of December 2018. Rooftop installations grew 66% (year-over-year) with ...
Global Renewable Energy Capacity Additions Stalled in 2018 While CO2 Emissions Rose
The growth in capacity addition of renewable energy sources has stalled, says a report by the International Energy Agency (IEA). According to the report, the year 2018 was the first ...
Government Announces List of EV Parts to be Indigenized Under FAME II
The Ministry of Heavy Industries and Public Enterprises has released a revised list of parts which are to be indigenized under the Phased Manufacturing Program (PMP) which falls under the ...
Solar Project Financier PFS Announces 12% Increase in Revenues for FY 2019
Power project financier PTC Financial Services (PFS) has announced its FY 2019 results which indicate a good year for the company. The total revenue for PFS for FY 2019 was ...
Tata Power’s Solar EPC Order Book Reached ₹13.60 Billion in FY 2018-19
Tata Power has announced its annual results for FY 2018-19. The company’s income statement shows that its consolidated FY19 revenue was up 12% at ₹294.93 billion (~$4.25 billion) as compared ...
LONGi Solar Announces 34% Rise in Revenues During 2018
Chinese module manufacturer LONGi Solar has announced its annual financial results for 2018. The figures show that the revenue from operations was ¥21.9 billion ($197 million), an increase of approximately ...
DISCOM in Tamil Nadu to Track Wind Projects Using GPS
Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has started using Global Positioning System (GPS) technology to measure the performance of wind projects installed across the state. The distribution company ...
Vestas, Goldwind and Siemens Gamesa Emerge as Top Wind Turbine Installers Globally
In 2018, a total of 20,641 wind turbines were installed across the globe with a total capacity of 50,617 MW. These wind turbines were supplied by 37 manufacturers, says a ...
Cleantech Solar to Install Captive Solar Projects for Battery Maker Exide Industries
Indian lead-acid battery manufacturer, Exide Industries (Exide), has entered into three share subscription and shareholders agreements with renewable energy developer Cleantech Solar (Cleantech) to install captive solar projects at its ...
SECI Announces 100 MW Solar EPC Tender for Telangana’s Singareni Collieries
The Solar Energy Corporation of India (SECI) has announced a tender for the development of 100 MW of solar power projects in Telangana. The scope of work for the tender ...
Solar EPC Company Sterling and Wilson Files for ₹45 Billion IPO
Sterling and Wilson Solar Limited, an engineering, procurement, and construction (EPC) company of Shapoorji Pallonji Group, has filed a draft red herring prospectus as part of its planned initial public ...
Malaysia’s PETRONAS Acquires Singapore’s Distributed Solar Company Amplus Energy
Malaysia’s state-owned oil and gas company, PETRONAS, has announced the acquisition of Singapore-based Amplus Energy Solutions Pte Ltd (M+). In a media statement issued by PETRONAS, the company stated that ...
