Torrent Power Acquires 156 MW Wind Projects from CESC for ₹7.9 Billion
Torrent Power Limited has entered into a share purchase agreement with CESC Limited, Haldia Energy Limited, and other nominal shareholders to acquire 100% of the share capital of Surya Vidyut ...
Hindustan Petroleum Issues Consultancy Tender for Solar Projects in Gujarat
The Hindustan Petroleum Corporation Limited (HPCL), a state-owned oil and natural gas company, has invited proposals from consultants for a detailed feasibility study to develop a solar project on vacant ...
Himachal Pradesh DISCOM Directed to Offset Solar RPO Deficit
Himachal Pradesh Electricity Regulatory Commission (HPERC) has directed the Himachal Pradesh State Electricity Board Limited (HPSEBL) to offset the net deficit of 103.97 MUs as per its solar renewable purchase ...
Chhattisgarh Proposes Generic Levelized Tariff for RE Projects in FY 2021-22
The Chhattisgarh Electricity Regulatory Commission (CSERC) has issued guidelines to determine the generic levelized tariffs for small hydro projects and non‐fossil fuel‐based co-generation plants. The tariff is for projects that achieve ...
State Transmission Utility to Compensate Solar Project Developer for Generation Losses
The Karnataka Electricity Regulatory Commission (KERC) has directed Karnataka Power Transmission Corporation (KPTCL) to compensate a solar project developer for generation losses. KPTCL is directed to pay compensation at ₹4.43 ...
India to Contribute 20% of the Global Renewables Deployment Target for 2030: BRICS Report
The latest BRICS Energy Technology Report 2021 states that India will account for one-fifth (20%) of the global renewable energy deployment target for 2030. Solar and wind power generation has been ...
Global Offshore Wind Installation Totaled 6.1 GW in 2020
In its recent report, the Global Wind Energy Council (GWEC) said that the global offshore wind installation stood at 6.1 GW in 2020, a slight decline compared to 6.24 GW ...
Rajasthan Approves Net Metering for Rooftop Solar Capacity up to 500 kW
The Rajasthan Electricity Regulatory Commission (RERC) has issued new guidelines on 'Grid Interactive Distributed Renewable Energy Generating Systems.' RERC has allowed a net metering facility for rooftop solar systems up ...
Anti-Dumping Duty Likely on Aluminum Imports Used in Solar Mounting Structures
The Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duty on certain flat-rolled aluminum products imported from China to offset the injury caused due to dumping in the Indian ...
New Coal Plants to Exhaust ₹2.47 Trillion, Investing in Renewables Can Save ₹432 Billion
According to the latest report published by the energy think tank Ember and Climate Risk Horizons, 27 GW of proposed new coal power plants in India could deplete scarce public ...
NTPC Floats Tender for 300 MW of ISTS-Connected Wind Projects
NTPC Limited has invited bids to develop 300 MW of interstate transmission system (ISTS)-connected wind energy projects anywhere in India. The scope of work includes detailed design, engineering, micro-siting, manufacture, ...
Solar Projects With ₹7.01/kWh Tariff Face Higher Curtailment in Tamil Nadu: POSOCO
Power System Operation Corporation Limited (POSOCO) has submitted a report on renewable energy curtailment in Tamil Nadu following the Appellate Tribunal For Electricity's (APTEL) orders. The tribunal had ordered POSOCO ...
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 ...
United Kingdom to Invest $1.2 Billion in India’s Renewable Energy Projects
The Government of the United Kingdom will invest $1.2 billion through public and private investments in green projects and renewable energy in India to support the latter’s target of 450 GW ...
Electric Mobility Platform REVOS Raises $4 Million in Series A Funding
Bangalore-based electric vehicle (EV) infrastructure startup REVOS has received $4 million in Series A funding. With this, the company has raised $4.5 million in funding to date. Union Square Ventures and Prime ...
Global Power Sector Emissions Rise 5% Above Pre-Covid Levels: Report
A new report published by energy think tank Ember has revealed that global power sector emissions have increased above pre-pandemic levels. Global power sector emissions rebounded in the first half (1H) ...
Maharashtra DISCOM Directed to Clear Dues of Four Wind Energy Generators
The Maharashtra Electricity Regulatory Commission (MERC) has ordered the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to fulfill its payment obligations for energy injected into the grid from four wind ...
POSOCO to Probe Wind Power Curtailment Allegation in Andhra Pradesh
The Appellate Tribunal for Electricity (APTEL) has directed the Power System Operation Corporation (POSOCO) to submit a report within four weeks and indicate whether there was an intentional curtailment of ...
Tamil Nadu Proposes Generic Tariff of ₹3.99/kWh for Rooftop Solar Systems Up to 10 kW
The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued new guidelines and a consultative paper on ‘Generic Tariff order for Grid Interactive Solar Photovoltaic (PV) Energy Generating Systems.’ TNERC has ...
Can Solar Developers Rely on Local Manufacturers for Module Supply Without Disruptions?
The government's focus lately has shifted strongly towards establishing a domestic solar manufacturing base. The government has levied safeguard duty, Basic Customs Duty (BCD), introduced the approved list of module ...
String Inverter Supplier Ginlong Solis’ Revenue Doubles YoY to $224 Million in 1H 2021
Photovoltaic inverter manufacturer Ginlong Technologies (Solis) has recorded a 99.8% year-over-year (YoY) growth to RMB 1.45 billion (~$223.8 million) in the first half (1H) of 2021 from RMB 727 million (~$112.20 ...
Wind Installations Up 76% Year-over-Year With 239 MW of New Capacity Added
Wind installations in India in the second quarter (Q2) of 2021 were down by 62% quarter-over-quarter (QoQ), with 239 MW added in Q2 2021, compared to 623 MW added in ...
Renewable Energy Installations Reach 100 GW Milestone in India
The Ministry of New and Renewable Energy has announced that the country’s installed renewable energy capacity has crossed the 100 GW milestone. This excludes large hydropower projects. The installed renewable ...
Reforms Imperative to Address DISCOM Woes: NITI Aayog, RMI Report
DISCOM privatization is seen as a crucial way out of their financial mess. NITI Aayog, in collaboration with Rocky Mountain Institute (RMI), has released a report reviewing the reform efforts ...
Supreme Court Dismisses Special Leave Petitions Filed for Solar Anti-Dumping Probe
The Supreme Court heard two special leave petitions filed by the government of India and Solar Power Developers Association (SPDA) regarding a pending anti-dumping investigation. A special leave petition is ...
