PXIL to Start Trading Daily, Weekly and Monthly Contracts in Renewable Power

PXIL to Start Trading Daily, Weekly and Monthly Contracts in Renewable Power

Power Exchange India Ltd (PXIL) has introduced the ‘daily, weekly and monthly contracts’ in its proprietary contract system ‘PRATYAY’ for conventional power transactions. Market participants will now be able to ...
US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

The U.S. Department of Energy (DOE) has announced a $7 billion funding opportunity to create regional clean hydrogen hubs (H2Hubs) across America. The funding is part of a larger $8 ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Microsoft and Partners to Launch AI-based Renewables Project Atlas

Daily News Wrap-Up: Microsoft and Partners to Launch AI-based Renewables Project Atlas

Here are some noteworthy cleantech announcements of the day from around the world: Microsoft Corporation, Planet Labs PBC, and The Nature Conservancy announced plans to launch the Global Renewables Watch ...
/ / Other, Renewable Energy
Renewable Energy Jobs Globally Reach 12.7 million, Asia Accounts for Two-Thirds

Renewable Energy Jobs Globally Reach 12.7 million, Asia Accounts for Two-Thirds

Worldwide employment in renewable energy reached 12.7 million in 2021, an increase of 700,000 new jobs despite economic setbacks resulting from Covid-19 and the growing energy crisis. According to a ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Sterling and Wilson Solar to Develop 961 MW of Solar Projects in Nigeria

Daily News Wrap-Up: Sterling and Wilson Solar to Develop 961 MW of Solar Projects in Nigeria

Here are some noteworthy cleantech announcements of the day from around the world: Sterling and Wilson Solar Solutions signed a memorandum of understanding (MoU) with the Government of the Federal ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Microsoft and Partners to Launch AI-based Renewables Project Atlas

India Must Add 188 GW of Renewable Capacity in the Next Five Years to Meet Peak Demand: CEA

India needs to add 224.9 GW of renewable energy generation capacity by 2032 to meet the peak demand and energy requirement for the financial year (FY) 2031-32, according to the ...
/ / Other, Renewable Energy
A Decarbonized Global Energy System by 2050 Could Result in Savings of $12 Trillion

A Decarbonized Global Energy System by 2050 Could Result in Savings of $12 Trillion

Transitioning to a decarbonized energy system by around 2050 will save the world at least $12 trillion compared to continuing our current levels of fossil fuel use, according to a ...
Tata Power Signs PPA to Develop a 4 MW Solar Project at Tata Motors Facility in Pune

Tata Power Signs PPA to Develop a 4 MW Solar Project at Tata Motors Facility in Pune

Tata Power entered into a power purchase agreement (PPA) with Tata Motors to develop a 4 MW onsite solar power project at Tata Motors' commercial vehicle manufacturing facility in Pune ...
/ / Markets & Policy, Solar
Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

The Ministry of Power (MoP) has amended the tariff-based competitive bidding process guidelines to procure round-the-clock (RTC) power from grid-connected renewable energy projects. The guidelines were first issued under Section ...
/ / Markets & Policy, Solar
Month in a Minute Top Headlines from Indian Renewable Sector in August 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in August 2022

Here is a recap of some of the most important headlines from August 2022: India installed over 3.9 GW of solar capacity in the second quarter (Q2) of the calendar ...
/ / Other, Renewable Energy
Daily News Wrap-Up Statiq to Invest ₹400 Million in Building EV Charging Infrastructure Across India

Daily News Wrap-Up: Statiq to Invest ₹400 Million in Building EV Charging Infrastructure Across India

Here are some noteworthy cleantech announcements of the day from around the world: Electric vehicle (EV) charging network company Statiq has plans to invest ₹400 million (~$5.02 million) in building ...
/ / Other, Renewable Energy
Rules Issued for Bundling Renewables and Storage With Thermal and Hydropower Projects

Rules Issued for Bundling Renewables and Storage With Thermal and Hydropower Projects

The Ministry of Power (MoP) has issued guidelines for competitive procurement of renewable power by thermal and hydropower generators under the Generation Flexibility Program. The program intends to allow flexibility ...
Daily News Wrap-Up: Ashok Leyland Launches Electric Double-Decker Bus in Mumbai

Daily News Wrap-Up: Ashok Leyland Launches Electric Double-Decker Bus in Mumbai

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister for Road Transport & Highways Nitin Gadkari launched Ashok Leyland Electric Double Decker Bus, Switch ...
/ / Other, Renewable Energy
GOGLA Seeks Consultants to Study Solar Lantern and Solar Home System Market in India

GOGLA Seeks Consultants to Study Solar Lantern and Solar Home System Market in India

Global Off-Grid Lighting Association (GOGLA) has invited bids from consultants to study the solar lantern and solar home system market in India. The consultants will have to study the Bangladesh ...
/ / Off-grid, Solar
ReNew Power’s Revenue for Q1 FY23 Up by 48% to ₹25 Billion

ReNew Power’s Revenue for Q1 FY23 Up by 48% to ₹25 Billion

Independent power producer ReNew Power posted total revenue of ₹25 billion (~$313.41 million) for the first quarter (Q1) of the fiscal year (FY) 2023, an increase of 48.8% compared to ...
/ / Other, Renewable Energy
Tata Power Renewable Approves Sale of 83.6 Million Shares to BlackRock Mubadala JV

Tata Power Renewable Approves Sale of 83.6 Million Shares to BlackRock Mubadala JV

A wholly-owned subsidiary of Tata Power, Tata Power Renewable Energy Limited (TPREL), has approved the allotment of 83.6 million equity shares with a face value of ₹10 (~$0.125) each at ...
/ / Finance and M&A, Other
ALH Insurance Group Acquires 49.9% Stake in 600 MW Solar Portfolio from EnBW

ALH Insurance Group Acquires 49.9% Stake in 600 MW Solar Portfolio from EnBW

Financial services provider Alte Leipziger Hallesche (ALH Group) is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a total capacity of 597 MW owned by Energie Baden-Württemberg ...
Tariff Regulations Issued for Renewable Projects Selling Power to Chhattisgarh DISCOMs

Tariff Regulations Issued for Renewable Projects Selling Power to Chhattisgarh DISCOMs

Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued regulations specifying the terms and conditions of tariffs for renewable energy projects to sell power to distribution licensees (DISCOMs) in the state ...
Daily News Wrap-Up 2G Ethanol Plant Worth ₹9 Billion Inaugurated in Haryana

Daily News Wrap-Up: 2G Ethanol Plant Worth ₹9 Billion Inaugurated in Haryana

Here are some noteworthy cleantech announcements of the day from around the world: Prime Minister Narendra Modi inaugurated a 2G ethanol plant at Panipat Refinery in Haryana. The plant was ...
/ / Other, Renewable Energy
More Than Enough Land is Available to Support Solar, Wind Development in the US

More Than Enough Land is Available to Support Solar, Wind Development in the US

The National Renewable Energy Laboratory (NREL) has released two new data sets containing 2,000 U.S. wind energy zoning ordinances and 1,000 solar energy ordinances at the state, county, township, and ...
Brookfield Renewable Partners Reduces Loss by 98% YoY in Q2 2022

Brookfield Renewable Partners Reduces Loss by 98% YoY in Q2 2022

Canada-based renewable energy investor Brookfield Renewable Partners announced the financial results for the first half (1H) and the second quarter (Q2) of the calendar year (CY) 2022. The company reported ...
/ / Other, Renewable Energy
Sembcorp Profit from Renewables Increases by 217% in 1H 2022

Sembcorp Profit from Renewables Increases by 217% in 1H 2022

Singapore-based renewable energy company Sembcorp Industries recorded a net profit of S$490 million (~$356 million) in the first half (1H) of 2022, an increase of 94% compared to S$46 (~$33 million) ...
/ / Other, Renewable Energy
Daily News Wrap-Up Central Finance Assistance for Solar Pumps up to 15 HP Capacity Approved

Daily News Wrap-Up: Central Finance Assistance for Solar Pumps up to 15 HP Capacity Approved

Here are some noteworthy cleantech announcements of the day from around the world: Minister of State of New & Renewable Energy Bhagwanth Khuba stated that the Finance Ministry had approved ...
/ / Other, Renewable Energy
Tata Power Commissions a 225 MW Wind-Solar Hybrid Project in Rajasthan

Tata Power Commissions a 225 MW Wind-Solar Hybrid Project in Rajasthan

Tata Power Green Energy, a wholly-owned subsidiary of Tata Power, has commissioned a 225 MW solar-wind hybrid power project in Rajasthan. The 225 MW of power generated from the project ...
Month in a Minute Top Headlines from Indian Renewable Sector in July 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in July 2022

Here is a recap of some of the most important headlines from July 2022: India’s installed renewable energy capacity, including large hydro projects, stood at 159.81 GW, accounting for a ...
/ / Other, Renewable Energy