Industrial and Commercial Consumers to Pay for Solar Pumps for Farmers in Maharashtra

Off-Grid Solar Solutions Provider Oorja Wins $100,000 for Installing Solar Pumps

Oorja Development Solutions has won the Cisco Global Problem Solver Challenge for its community solar pumping systems implemented in rural India through the pay-as-you-go (PAYGO) business models. The cash prize ...
Gross Tariff of ₹4.49/kWh to Apply for Solar PV Projects in Uttarakhand

Gross Tariff of ₹4.49/kWh to Apply for Solar PV Projects in Uttarakhand

The Uttarakhand Electricity Regulatory Commission (UERC) has issued benchmark tariffs and capital costs for solar power projects in the state. The commission had issued draft regulations in December 2018 and ...
Industry-Wide Consultation Necessary Before Launching a Plan for Transition to EVs: CII

Industry-Wide Consultation Necessary Before Launching a Plan for Transition to EVs: CII

The Confederation of Indian Industry (CII) has called stakeholders from across the transportation and renewable energy sectors for a consultation on the future of intelligent mobility in the country. CII ...
RK Singh Rallies for Removal of Priority Sector Lending Limit for Renewable Projects

RK Singh Rallies for Removal of Priority Sector Lending Limit for Renewable Projects

Union Power Minister R.K. Singh held a meeting recently in the national capital to review the issues affecting the renewable energy sector. The meeting was attended by various stakeholders including ...
Maharashtra to Renegotiate Tariffs for 1,170 MW of Auctioned Solar Projects

Maharashtra to Renegotiate Tariffs for 1,170 MW of Auctioned Solar Projects

The Maharashtra Electricity Regulatory Commission (MERC) has ordered Maharashtra State Electricity Distribution Company Limited (MSEDCL) to renegotiate tariffs with solar developers for projects allocated to them. In this case, MSEDCL ...
Average Power Purchase Cost for Open Access Solar and Wind Projects Set At ₹3.60/kWh

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 ...
Tirupati Smart City Invites Tender for 6 MW of Solar Projects

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 ...
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

Maharashtra Commission Rejects Solar Power Developer’s Petition for GST Compensation

Independent solar power producer Azure Power’s petition to Maharashtra Electricity Regulatory Commission (MERC), requesting to order Maharashtra State Power Generation Company (MSGPCL or MAHAGENCO) to compensate the company for the ...
Greenko Raises $495 Million to Invest in 2.4 GW of Energy Storage Projects

Greenko Raises $495 Million to Invest in 2.4 GW of Energy Storage Projects

General Insurance Corporation (GIC) and Abu Dhabi Investment Authority (ADIA) have signed an agreement to invest $495 million as primary equity in Greenko Energy Holdings (Greenko), a renewable energy project ...
A Three Member Consortium to Develop an 800 MW Hybrid Solar Project in Morocco

A Three-Member Consortium to Develop an 800 MW Hybrid Solar Project in Morocco

A consortium of EDF Renewables, Abu Dhabi Future Energy Company (Masdar) and Green of Africa has emerged as the winner of a tender for the design, financing, construction, operation, and ...
China Allocates $435 Million for Solar Project Subsidies in 2019

China Allocates $435 Million for Solar Project Subsidies in 2019

China’s National Energy Administration (NEA) has confirmed that it will allocate approximately RMB 3 billion ($435 million) for solar projects this year. This is the first time that the country ...
Suzlon Reduces its Net Loss by ₹1.75 Billion in Q4 of FY 2019

Suzlon Reduces its Net Loss by ₹1.75 Billion in Q4 of FY 2019

Wind turbine supplier and renewable energy developer Suzlon Energy Limited has announced its quarterly and annual results for the financial year (FY) 2019. The company reported that its consolidated net ...
MNRE Invites Preliminary Proposals for Gravity-Based Storage Project

MNRE Invites Preliminary Proposals for Gravity-Based Storage Project

The Ministry of New and Renewable Energy (MNRE) has issued invitations requesting proposals to develop gravity storage projects and also to utilize solar photovoltaic (PV) to produce hydrogen from seawater ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

Nigeria to Raise $41.5 Million Through its Second Green Bond Issue

The debt management office (DMO) of the federal government of Nigeria has announced that it is looking to execute a second green bond issuance - Series II Green Bonds amounting ...
New Operational Solar and Wind Assets Push Adani Green’s Revenue Up by 39% in FY2019

New Operational Solar and Wind Assets Push Adani Green’s Revenue Up by 39% in FY2019

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its operational and financial performance for the financial year (FY) 2019 and the fourth quarter ending ...
African Development Bank to Provide $995,000 to Support Ethiopia’s Renewable Sector

African Development Bank to Provide $995,000 to Support Ethiopia’s Renewable Sector

Ethiopia’s quest to roll out a sustainable procurement framework for independent power producers has received a boost in the form of a grant of $995,000 made by the Sustainable Energy ...
India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

Stakeholders in India’s renewable energy sector are upbeat about the Bhartiya Janata Party (BJP) coming back into power for a second term under the leadership of Prime Minister Narendra Modi ...
IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

The Central Electricity Regulatory Commission (CERC) has ordered the Indian Energy Exchange (IEX) to give wide publicity to Green Term Ahead Market (GTAM) contracts by uploading it on its website ...
Solar, Wind Can Achieve Renewable Targets Without Damming the World’s Rivers: WWF Study

Solar, Wind Can Achieve Renewable Targets Without Damming the World’s Rivers: WWF Study

A study conducted by the World Wildlife Fund (WWF) and its partners demonstrates how with thousands of hydropower dams planned across the world, the ongoing renewable energy revolution can solve ...
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Uttarakhand Issues Draft Tariff Regulations and RPO Targets for Solar Projects

Tata Power DISCOM Issues Tender for 100 MW of Non-Solar Power to Meet its RPO

Tata Power Delhi Distribution Limited (TPDDL) has issued a Request for Proposal (RfP) for the procurement of renewable power (non-solar) on a short-term power purchase agreement. The last date for ...
REC to Increase Loan Disbursements to Renewable Energy Segment in the Coming Years

Renewables to be ‘Must Run’ in the Draft Tariff Guidelines for Goa, Union Territories

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar. The draft is up ...
Reliance Money Secures Loan from IREDA for Renewable Energy Projects

APICORP Signs $75 Million Term Facility with Saudi-Based Renewable Developer Alfanar

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five-year Murabaha financing facility worth $75 million with Alfanar Company, a developer and engineering procurement ...
Siemens Gamesa Wins Turnkey Contract for 176.8 MW Wind from ReNew Power

Siemens Gamesa Announces Order Booking of $12.25 Billion

Renewable energy developer and wind turbine manufacturer, Siemens Gamesa, has announced its financial results for the first half (October-March) and the second quarter (January-March) of fiscal year (FY) 2019. The ...
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SOLAR INSTALLATIONS FORECAST

Solar Installations in the United States Hit 2 Million Mark: Report

Solar Energy Industries Association (SEIA) and energy research firm Wood Mackenzie have pegged the United State’s total solar installations at more than 2 million. The report added that the electricity ...
Uttar Pradesh DISCOM Gets Approval to Call for Bids to Procure 400 MW of Hydropower

HERC Rejects Petition to Retain Exit Clause of a 36 MW Hydro Project

In a review petition, the Haryana Power Purchase Center (HPPC), had asked the Haryana Electricity Regulatory Commission (HERC) to review its order passed on March 8, 2019, in which it ...
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