MNRE Introduces Battery Energy Storage System in its Quality Control Order 2017

Total Global Energy Storage Capacity Could Triple by 2030: IRENA

In a brief prepared for COP24, the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), the International Renewable Energy Agency (IRENA) has underscored the ...
/ / Energy Storage, Other
World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022

World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022

The Kenyan government has launched a new program called Kenya National Electrification Strategy (KNES). The ambitious program has been developed in partnership with the World Bank and it aims to provide a ...
/ / Markets & Policy, Solar
ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India

World Bank Pledges $200 Billion to Combat Climate Change

Global financial institution World Bank has pledged a corpus of $200 billion for climate action over a five-year period. The World Bank has set this corpus to meet climate targets set by ...
/ / Other, Renewable Energy
IL&FS Offers to Sell Stakes in its Renewable Energy Assets of Solar and Wind Projects

IL&FS Offers to Sell Stakes in its Renewable Energy Assets of Solar and Wind Projects

In a major development, the Infrastructure Leasing & Financial Services Ltd (IL&FS) has announced that it is going to achieve the resolution of the IL&FS group through certain measures, including ...
/ / Other, Renewable Energy
Sindicatum Renewables Lists Green Bonds On London Stock Exchange

Sindicatum Renewables Lists Green Bonds On London Stock Exchange

Sindicatum Renewable Energy Company Pte Ltd (Sindicatum), a developer and operator of clean energy projects in Asia, has listed its three guaranteed Indian Rupee (₹) and Philippine Peso (PHP) green ...
/ / Markets & Policy, Solar
SECI Scraps 300 MW Solar Capacity Awarded to Adani Green

European Union to Join Hands with India for the Growth of Sustainable Technologies

The European Union (EU) has issued a joint communication to the European Parliament and the Council through which the EU aims to reinforce EU-India strategic partnership, build a strong partnership ...
/ / Markets & Policy, Solar
Gujarat High Court Gives Go-Ahead to GUVNL’s 500 MW Wind Auction

Abu Dhabi Fund Commits $50 Million for IRENA-Recommended Renewable Projects

The Abu Dhabi Fund for Development (ADFD) has committed $50 million for renewable energy projects that are recommended by International Renewable Energy Agency (IRENA). The ADFD and IRENA have invited ...
/ / Other, Renewable Energy
Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

Oman’s PDO Awards 100 MW Solar Project to Marubeni Consortium

Petroleum Development Oman (PDO), a state owned oil producer in Oman, has announced that it has allocated a 100 MW solar project to the Marubeni Consortium, a consortium comprising the ...
/ / Markets & Policy, Solar
NTPC Ties Up with Seven Vehicle Aggregators to Develop EV Charging Network

NTPC Ties Up with Seven Vehicle Aggregators to Develop EV Charging Network

NTPC Limited has signed a memorandum of understanding  (MoU) with a host of vehicle aggregators for the development and utilization of public charging infrastructure across the country.  Seven vehicle aggregators namely: Ola, ...
Dispute Over One Day Commissioning Delay Causes 30% Solar Tariff Reduction in Karnataka

Canadian Solar Withdraws Proposal to Go Private

Solar module manufacturer, Canadian Solar has announced that its chief executive officer Dr. Shawn Qu has withdrawn his bid to take the company private after a special committee established by ...
/ / Markets & Policy, Solar
Mongolia Gets $60.6 Million for Solar-Wind Hybrid Project with Battery Energy Storage

Mongolia Gets $60.6 Million for Solar-Wind Hybrid Project with Battery Energy Storage

The Asian Development Bank (ADB) has signed a loan agreement with the Government of Mongolia under which it will be providing $60.6 million for distributed renewable energy projects in the ...
/ / Other, Renewable Energy
Blockchain-Powered Renewable Energy Certificate Trading Platform Opened in Singapore

Blockchain-Powered Renewable Energy Certificate Trading Platform Opened in Singapore

Singapore’s SP Group, an energy utility group, has launched one of the world’s first blockchain-powered renewable energy certificate (REC) marketplaces at the Association of Southeast Asian Nations (ASEAN) Energy Business ...
/ / Other, Renewable Energy
CEA Charts Transmission Infrastructure Plan for 4,950 MW of Wind Projects

Levelized Fixed Cost for Bagasse-based Projects in Telangana to be ₹2.23/kWh

The Telangana State Electricity Regulatory Commission (TSERC) has passed an order regarding the determination of generic tariff for bagasse-based power plants in Telangana for the control period 2018-2020. The commission ...
/ / Other, Renewable Energy
CDPQ Increases its Stake in Azure Power to 40%

CDPQ Increases its Stake in Azure Power to 40%

Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, has announced an increase in its stake in Azure Power Global Ltd (Azure Power). Azure Power is a leading ...
/ / Finance and M&A, Solar
GRIDCO Asks Bidders to Match Lowest Tariff Quoted at its 200 MW Solar Auction

IFC to Finance 50 MW Solar Project in Sierra Leone

Sierra Leone’s Ministry of Finance has signed a $40 million agreement with the International Finance Corporation, a sister organization of the World Bank, for the development of a 50 MW ...
/ / Markets & Policy, Solar
Standard Chartered Creates Sustainable Financing Team to Increase Focus on Renewables

Standard Chartered Creates Sustainable Financing Team to Increase Focus on Renewables

To propel its push into emerging markets focused on sustainable financing, Standard Chartered, an international bank listed on the London and Hong Kong Stock Exchanges as well as India’s Bombay ...
/ / Other, Renewable Energy
SECI Tenders 70MW of Grid-Connected Solar PV in Assam

Assam Calls for Proposals to Set Up R&D Facility for Renewables

The Assam Energy Development Agency (AEDA) has invited proposals from independent institutions and organizations to set up a research and development (R&D) facility in the state. The facility will be ...
/ / Markets & Policy, Solar
India Contributes $1 Million for Solar Project at UN Headquarters

India Contributes $1 Million for Solar Project at UN Headquarters

India has contributed $1 million for the development of a solar project at the United Nations headquarters in New York. The contribution will help reduce carbon footprint and promote sustainable ...
/ / Markets & Policy, Solar
SBI Raises $650 Million Via Green Bonds, Announces Plans for Going Solar

SBI Raises $650 Million Via Green Bonds, Announces Plans for Going Solar

The nation’s largest lender State Bank India (SBI) has raised the first tranche of $650 million through a maiden green bond offering, which is a part of its goal of ...
/ / Markets & Policy, Solar
SECI Extends Bid Submission Deadline for 10 GW Solar Tender with 3 GW Manufacturing

Phelan Energy Achieves Financial Closure For 50 MW Solar Project in Rajasthan

Phelan Energy Group has announced that it has achieved financial closure for a 50 MW solar project in Rajasthan. The construction of the solar PV project, located at Rajasthan’s Bhadla ...
/ / Markets & Policy, Solar
African Infrastructure Fund Acquires Stakes in South African Solar and Wind Projects

African Infrastructure Fund Acquires Stakes in South African Solar and Wind Projects

The African Infrastructure Investment Managers (AIIM), one of Africa’s infrastructure-focused private equity fund managers and a member of the Old Mutual Alternative Investments (OMAI), has acquired stakes in nine new ...
/ / Finance and M&A, Solar
Government Approves Scale Up of Access to Clean Energy Program

Government Approves Scale Up of Access to Clean Energy Program

The Government has approved the launch of "Scale Up of Access to Clean Energy" program for the period financial year (FY) 2018-19 and FY 2019-20. The program is one of ...
/ / Other, Renewable Energy
Off-Grid Solar Solutions Provider Zola Electric Secures $20 Million Debt Financing

Off-Grid Solar Solutions Provider Zola Electric Secures $20 Million Debt Financing

ZOLA Electric, formerly known as Off Grid Electric, an African renewable energy company, has secured $20 million in debt financing from solar-business lender SunFunder. The funding will be utilized to ...
/ / Finance and M&A, Solar
India to Partner with Peru and France to Expand Renewable Energy

India to Partner with Peru and France to Expand Renewable Energy

The Ministry of New and Renewable Energy (MNRE) has signed two agreements with the Ministry of Energy and Mining of The Republic of Peru and the National Solar Energy Institute ...
CERC Releases Procedural Guidelines for ISTS Connectivity of Renewable Projects

CERC Releases Procedural Guidelines for ISTS Connectivity of Renewable Projects

The Central Electricity Regulatory Commission (CERC) has released procedural regulations for granting Inter-State Transmission System (ISTS) connectivity to renewable energy projects. This procedure is being issued in accordance with Regulation ...