SECI’s 5 GW Renewable Power Tender Bundled with Thermal Extended Again
The Solar Energy Corporation of India Limited (SECI) has once again extended the bid submission deadline for its tender to procure 5 GW of renewable power on a round-the-clock (RTC) ...
Suzlon Completes Restructuring of Debt with Capital Infusion of ₹3.92 Billion
Pune-based renewable energy solutions provider Suzlon Energy Limited announced that it has completed restructuring its debt with the unanimous approval from its secured lenders. The company has been in a ...
Industry Says Lockdown + 30-Days Extension for Stranded Solar Projects Not Enough
In April, the Ministry of New and Renewable Energy (MNRE) came up with a blanket commissioning time extension for all renewable energy projects under construction in the country because of ...
MNRE Clarifies Lockdown Period to be Considered for Renewable Project Extensions
In an important clarification, the Ministry of New and Renewable Energy (MNRE) has announced that the period of nationwide lockdown due to COVID-19 will be considered from March 25, 2020, ...
Solar Renewable Energy Certificates’ Trading Spikes in June
There was a surge in the trading of solar renewable energy certificates (RECs) in June 2020 compared to the previous month despite the ongoing COVID-19 crisis and the subsequent lockdown ...
CERC Announces New Tariff Regulations for Renewable Energy Projects
The Central Electricity Regulatory Commission (CERC) has come up with tariff regulations for renewable energy projects. These regulations will come into force from July 01, 2020, and will be valid ...
RK Singh Addresses Renewable Industry Stakeholders, Emphasizes on Self-Reliance
The Union Power Minister, RK Singh, recently interacted with developers of generation and transmission projects in the power and renewable sectors. The minister reiterated the need for ‘Aatmanirbhar Bharat’ to ...
RK Singh Hints at 6-Month Extension of ISTS Waiver for Solar and Wind Projects
The Union Minister of Power, R.K. Singh, has said that the government is likely to consider extending the interstate transmission system (ISTS) charges for renewable projects by at least six ...
Renewable Expansion Key to Economic Growth Post-Pandemic
As the COVID-19 crisis continues, governments across the world have been forced to take stringent measures to curb its spread. The pandemic has had a deep impact on economies around ...
The United States Announces Tax Relief for Renewable Installers
In the wake of the coronavirus (COVID-19) outbreak, the Treasury Department and the Internal Revenue Service (IRS) of the United States of America, have announced tax relief for taxpayers who ...
Government Agencies Driving the Growth of Wind Installations in India: GWEC
The installations of wind power projects in India has decelerated, with only 2.3 GW installed in 2019, according to the Global Wind Energy Council (GWEC). “That is around half of ...
ADB Approves $300 Million for Facilitating 110 MW of Geothermal Power in Indonesia
The Asian Development Bank (ADB) has approved a loan of $300 million (~₹22.4 billion) to help PT Geo Dipa Energy (GDE), an Indonesian state-owned company, to expand its geothermal base ...
CERC Postpones New Deviation Settlement Regulations Again Amid COVID-19
The Central Electricity Regulatory Commission (CERC) has once again rescheduled the implementation of the fifth amendment to the deviation settlement mechanism regulations (DSM). The earlier date for its implementation was ...
PXIL and IEX Launch Real-Time Market for Electricity Transactions
The Power Exchange India Limited (PXIL) and Indian Energy Exchange (IEX) have started their real-time market (RTM) trading platforms for electricity transactions on June 1, 2020. The real-time market is ...
Zambia Signs Pact with PowerChina to Develop 600 MW of Solar Projects
Zambia-based ZESCO Limited and Power Construction Corporation of China (PowerChina), a wholly state-owned company, have signed three contracts worth $548 million. The contracts have been signed for 600 MW of ...
MNRE Seeks to Engage Consultants For Its One Sun One World One Grid Program
The Ministry of New and Renewable Energy (MNRE) has issued a request for proposal (RfP) for developing a long-term vision, implementation plan, road map, and institutional framework for its One ...
Power Ledger to Help Thailand Increase Digital Renewable Business Through Blockchain
Australia’s Power Ledger, a blockchain-based renewable energy trader, has announced a partnership with Thai Digital Energy Development (TDED) to create a blockchain-based digital energy business developing peer-to-peer (P2P) energy trading ...
Inox Wind Sells its Subsidiary Sri Pavan Energy to KPR Infra & Projects Limited
Inox Wind, a wind energy solutions provider, has announced that its subsidiary, Inox Wind Infrastructure Services (IWISL), has sold its 51% shareholding in Sri Pavan Energy Private Limited (SPEPL). With ...
Amazon to Develop 615 MW of Solar Projects
E-commerce giant Amazon has announced its plan to develop five new renewable energy projects in China, Australia, and the U.S. This latest initiative is a part of Amazon’s commitment to ...
Mizoram Extends Deadline for Short-Term Supply of Non-Solar Renewable Power
The Power and Electricity Department of Mizoram (PEDM) has extended the date to submit bids for the short-term sale of surplus non-solar renewable power. The deadline has been extended to ...
CERC Rejects Solar Developer’s Petition for Exemption of Relinquishment Charges
In a recent order, the Central Electricity Regulatory Commission (CERC) has dismissed the petition filed by ReNew Solar Power Private Limited for the exemption of relinquishment charges. The Commission said ...
Researchers Develop Technology to Map Renewable Projects Across the Globe
Researchers at the University of Southampton have come up with a technology that can map the locations of renewable energy projects across the globe and provide valuable insights into the ...
REC Releases Details for Bailing Out Power Distribution Companies Amid Coronavirus Crisis
The Rural Electrification Corporation Limited (REC) has announced an opportunity for the distribution companies (DISCOMs) to avail loans to clear their dues. The loans under this program will be co-funded ...
Barclays Likely to Stop Lending to Projects Based on Fossil Fuels
During the annual general meeting (AGM) of Barclays, a British multinational investment bank, nearly 24% of shareholders voted for Share Action’s resolution asking the bank to phase out financing for ...
Karnataka Retains Generic Tariff of ₹3.26/kWh for Wind Projects in FY 2020-21
The Karnataka Electricity Regulatory Commission (KERC) has issued an order stating that the generic tariff for wind power projects will continue to remain the same at ₹3.26 (~$0.04)/kWh as determined ...
