US Clean Energy Industry Lost 429,300 Jobs Since February 2020 Due to COVID-19

US Clean Energy Industry Lost 429,300 Jobs Since February 2020 Due to COVID-19

The US clean energy industry ended last year with the lowest number of workers since 2015 due to the impact of the COVID-19 pandemic, according to a recent report by ...
/ / Other, Renewable Energy
Electricity Duty Waiver for 15 Years Sought for Solar-Wind Hybrid Projects in Maharashtra

Electricity Duty Waiver for 15 Years Sought for Solar-Wind Hybrid Projects in Maharashtra

The National Solar Energy Federation of India (NSEFI) has written a letter to the Principal Secretary (Energy), Government of Maharashtra, listing its suggestion for the 'Unconventional Energy Generation Policy' of ...
/ / Other, Renewable Energy
Tamil Nadu Invites Bids for Solar Home Lighting Systems for 385 Houses in Tiruvallur

Tamil Nadu Invites Bids for Solar Home Lighting Systems for 385 Houses in Tiruvallur

The District Rural Development Agency (DRDA), Government of Tamil Nadu, has invited bids for the supply, installation, and commissioning of LED-based solar-powered home lighting systems in 385 houses in Tiruvallur ...
/ / Solar, Tenders & Auctions
IREDA Signs MoU to Support NHPC in Green Energy Projects for Five Years

IREDA Signs MoU to Support NHPC in Green Energy Projects for Five Years

Indian Renewable Energy Development Agency (IREDA), which falls under the administrative control of the Ministry of New & Renewable Energy (MNRE), signed a Memorandum of Understanding (MoU) with NHPC for ...
/ / Other, Renewable Energy
US Renewable Energy Consumption Surpasses Coal for First Time in 130 Years

US Renewable Energy Consumption Surpasses Coal for First Time in 130 Years

Annual energy consumption from renewable sources in the United States in 2019 exceeded coal consumption for the first time since 1885, according to the U.S. Energy Information Administration’s (EIA) ‘Monthly ...
/ / Other, Renewable Energy
AMP Capital and Sterlite Power to Jointly Develop Power Transmission Projects in India

AMP Capital and Sterlite Power to Jointly Develop Power Transmission Projects in India

Australia-based investment manager AMP Capital announced that it has established a 50:50 partnership with power transmission infrastructure developer Sterlite Power to develop power transmission projects in India. The two companies ...
/ / Grid, T&D
World Bank Approves $107 Million for Renewable Energy Transition in Maldives

World Bank Approves $107 Million for Renewable Energy Transition in Maldives

The World Bank approved a $107.4 million project to help the Maldives accelerate its transition to renewable energy. The 'Accelerating Renewable Energy Integration and Sustainable Energy' (ARISE) project builds on ...
/ / Finance and M&A, Other
BayWa to Sell 49% Stake in Renewable Subsidiary to Energy Infrastructure Partners

BayWa to Sell 49% Stake in Renewable Subsidiary to Energy Infrastructure Partners

BayWa AG has concluded its investor search for the planned capital increase at BayWa r.e. renewable energy GmbH (BayWa r.e.), a renewable project developer. BayWa r.e will receive an equity ...
/ / Finance and M&A, Other
African Development Bank Pledges $50 Mn to Help Energy Access Companies Tackle COVID-19

African Development Bank Pledges $50 Million to Help Energy Access Companies Tackle COVID-19

The African Development Bank's (AfDB) board of directors (BoD) has approved a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) to establish the COVID-19 off-grid recovery ...
/ / Other, Renewable Energy
Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers

Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers

Italy has launched a new incentive program to encourage the local generation and sharing of renewable power. Two kinds of prosumers would be the beneficiaries of the incentive program: energy ...
/ / Other, Renewable Energy
Centralized Databases Help Countries Track Distributed Solar Projects

Centralized Databases Help Countries Track Distributed Solar Projects

The past few years have seen rapid growth in the distributed energy resources (DER), and this has also brought to fore the challenges in power system management. In its latest ...
/ / Markets & Policy, Solar
No Takers for Wind in Germany's Latest Auction, Solar Rules

No Takers for Wind in Germany’s Latest Auction, Solar Rules

In the latest 202 MW wind and solar auction in Germany, solar bids won the full capacity, as revealed by the country's federal network agency, Bundesnetzagentur. The tender was oversubscribed ...
/ / Solar, Tenders & Auctions
France's Cumulative Solar Installations Crosses 10 GW Milestone

France’s Cumulative Solar Installations Crosses 10 GW Milestone

According to the latest data released by the French Renewable Energy Trade Association (SER), France's total installed solar photovoltaic capacity crossed the 10 GW milestone in September 2020. The newly ...
/ / Markets & Policy, Solar
Battery Storage Solutions Provider Form Energy Raises $70 Million

Battery Storage Solutions Provider Form Energy Raises $70 Million

Massachusetts-based Form Energy – a startup focusing on making battery systems that can store renewable energy (solar and wind) for longer durations – said it received its largest funding yet ...
/ / Energy Storage, Market & Policy
Tata Power Records 10% Rise in Net Profit, Higher Solar EPC Revenue in Q2 of FY 2021

Tata Power Records 10% Rise in Net Profit, Higher Solar EPC Revenue in Q2 of FY 2021

Tata Power announced its earnings for the quarter ended September 30, 2020 (Q2) of the financial year 2020-2021, and posted a net profit of ₹3.71 billion (~$49.8 million), a 10% ...
/ / Markets & Policy, Solar
ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System

ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System

The Asian Development Bank (ADB) announced that it has approved a $132.8 million loan to modernize the power distribution network in Meghalaya. The loan will be utilized to support a ...
/ / Grid, Market & Policy
Distributed Renewables Platform Voltus Raises $25 Million in Series B Financing

Distributed Renewables Platform Voltus Raises $25 Million in Series B Financing

The U.S.-based distributed energy resources (DER) platform, Voltus, Inc., raised $25 million in a Series B financing round. NGP Energy Technology Partners III (NGP ETP III) led the round, including ...
/ / Finance and M&A, Other
GAIL Seeks Transaction Advisor to Evaluate Acquisition of Renewable Energy Assets

GAIL Seeks Transaction Advisor to Evaluate Acquisition of Renewable Energy Assets

Gas Authority of India Limited (GAIL) has invited bids for the appointment of a transaction advisor for evaluating merger and acquisition (M&A) opportunities in the renewable energy space. The scope ...
/ / Grid, Market & Policy
Month in a Minute_ Top Headlines from India’s Renewable Sector in October 2020

Month in a Minute: Top Headlines from India’s Renewable Sector in October 2020

Here is a recap of some of the most important headlines from October 2020: The Ministry of New and Renewable Energy (MNRE) extended the exemption for the Bureau of Indian ...
/ / Other, Renewable Energy
Over ₹281 Billion Needed for Building Transmission Systems for Evacuating Renewables

Over ₹281 Billion Needed for Building Transmission Systems for Evacuating Renewables

The Central Electricity Authority (CEA), in its annual report for 2019-20, issued updates on the Green Energy Corridor program for the transmission and integration of renewable energy. To boost the ...
/ / Grid, T&D
Mongolia Floats EPC Tender for a 10 MW Solar Power Project in Altai

Mongolia Floats EPC Tender for a 10 MW Solar Power Project in Altai

Mongolia’s Ministry of Energy has invited bids for a 10 MW solar power project in the country's Altai region. This is an engineering, procurement, and construction (EPC) tender. Mongolia's government ...
/ / Solar, Tenders & Auctions
CenterPoint Properties Raises $250 Million Through Green Bonds

CenterPoint Properties Raises $250 Million Through Green Bonds

CenterPoint Properties, a U.S.-based industrial real-estate company, announced the closing of its inaugural green bond issuance. The company raised $250 million through the private placement of the green bonds. Green ...
/ / Finance and M&A, Other
Cost to Install Solar System on a Residential Rooftop Can Range from ₹45,000 to ₹85,000

Cost to Install a 1 kW Solar System on a Residential Rooftop Can Range from ₹45,000 to ₹85,000

In the third article of our series covering all you need to know about rooftop solar systems, we will focus on the installation process. This quick guide will help you ...
/ / Consumers, Solar
After China, Japan and South Korea Pledge to Become Carbon-Neutral by 2050

After China, Japan and South Korea Pledge to Become Carbon-Neutral by 2050

The world's third-largest economy, Japan, announced its plan to become carbon-neutral by 2050. In his first policy speech in the parliament, Yoshihide Suga, Prime Minister of Japan, said, “Responding to ...
/ / Other, Renewable Energy
Solar the Most Popular Choice in Hungary’s 1.3 GW Second Renewable Tender

Solar the Most Popular Choice in Hungary’s 1.3 GW Second Renewable Tender

The second renewable energy tender issued by the Hungarian Energy and Public Utilities Regulatory Authority (MEKH) has received a phenomenal response. The 390 GWh tender was oversubscribed by 1,755 GWh, ...
/ / Other, Renewable Energy