Daily News Wrap-Up_ Investor Map Launched for Investment in India's Opportunity Areas

Daily News Wrap-Up: Investor Map Launched for Investment in India’s Opportunity Areas

Here are some noteworthy cleantech announcements of the day from around the world: Advanticsys has delivered its first wireless monitoring solution for a 4 MW floating solar facility in Andhra ...
/ / Other, Renewable Energy
Australian Rooftop Solar Installations Down 48% Annually in October 2020

Australian Rooftop Solar Installations Down 48% Annually in October 2020

Australia installed 110.29 MW of rooftop solar capacity in October 2020, down 102 MW or about 48% from 212 MW in October 2019, according to the country's Clean Energy Regulator ...
/ / Rooftop, 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
Daily News Wrap-Up_ Vestas Sets Up Venture to Invest in Sustainability Startups

Daily News Wrap-Up: Vestas Sets Up Venture to Invest in Sustainability Startups

Here are some noteworthy cleantech announcements of the day from around the world: Trina Solar and its eight subsidiaries have signed the procurement contract for photovoltaic glass with Changzhou Almaden ...
/ / Markets & Policy, Other
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
Biocon to Procure Solar Via Open Access Under Group Captive Model From Hinduja Renewables

Biocon to Procure Solar Via Open Access Under Group Captive Model From Hinduja Renewables

Bengaluru-based biopharmaceutical company Biocon Limited will acquire a 26% equity stake in Hinduja Renewables Two Private Limited (HRTPL). Biocon would shell out ₹59 million (~$799,085) to purchase the stake, and ...
/ / Finance and M&A, Solar
European Commission Plans to Expand Offshore Wind Capacity to 300 GW by 2050

European Commission Plans to Expand Offshore Wind Capacity to 300 GW by 2050

The European Commission (EC) has unveiled a strategy to help achieve the European Union’s (EU) climate neutrality target by 2050. The plan suggests increasing Europe’s offshore wind capacity up to ...
/ / Other, Wind
Maharashtra_ Wind Generator Moves to APTEL As DISCOM Flouts Commission's Order

Maharashtra: Wind Generator Moves to APTEL As DISCOM Flouts Commission’s Order

The Maharashtra Electricity Regulatory Commission (MERC) has asked a wind generator to await the decision of the Appellate Tribunal for Electricity (APTEL) after the state distribution company did not comply with ...
/ / Other, Wind
Tribunal Sets Aside KERC Order, Reinstates Tariff of ₹4.50/kWh for Five Wind Generators

Tribunal Sets Aside KERC Order, Reinstates Tariff of ₹4.50/kWh for Five Wind Generators

The Appellate Tribunal for Electricity (APTEL) granted relief to five wind generators and set aside the order issued by the Karnataka Electricity Regulatory Commission (KERC), which had reduced the generic ...
/ / Other, Wind
MNRE's Blueprint for Developing Wind and Wind-Solar Hybrid Parks

MNRE’s Blueprint for Developing Wind and Wind-Solar Hybrid Parks

The Ministry of New and Renewable Energy (MNRE) has issued a detailed proposal for developing wind parks and wind-solar hybrid parks. The stakeholders can submit their suggestions and comments by ...
/ / Other, Renewable Energy
India Will Lead The Renewable Energy Upswing in 2021_ IEA Report

India Will Lead The Renewable Energy Upswing in 2021: IEA Report

The International Energy Agency's (IEA) latest report 'Renewables 2020' forecasts the impact of COVID-19 on the renewable sector. According to the report, the renewables used for generating electricity will grow ...
/ / Other, Renewable Energy
Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring

Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring

Pune-based wind turbine manufacturer Suzlon Energy Limited reported a net profit of ₹6.75 billion (~$91.6 million), a turnaround from last year’s net loss of ₹7.78 billion (~$104.4 million). The company ...
/ / Wind
Wind Installations to Cross 71 GW in 2020 Despite COVID-19 Challenges_ GWEC

Wind Installations to Cross 71 GW in 2020 Despite COVID-19 Challenges: GWEC

The latest market outlook published by the Global Wind Energy Council Market (GWEC) Intelligence expects 71.3 GW of wind power installations in 2020 despite the impact of COVID-19, a 6% ...
/ / Wind
2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market

2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market

The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152/kWh in 2015 to $625/kWh in 2018, according to the U.S. Energy Information ...
Tamil Nadu DISCOM Asked to Pay Over ₹74 Million in Wind Dues Along with Interest

Tamil Nadu DISCOM Asked to Pay Over ₹74 Million in Wind Dues Along with Interest

The Tamil Nadu Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to pay wind generators about ₹74.2 million (~$1 million) in delayed wind power ...
/ / Other, Wind
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
Rajasthan_ No Transmission Charges for Solar Projects Powering EV Charging Stations

Rajasthan: No Transmission Charges for Solar Projects Powering EV Charging Stations

The Rajasthan Electricity Regulatory Commission (RERC) has issued regulations for determining tariffs for renewable energy-based power sources for 2020. An important regulation included a 100% exemption of intra-state transmission and wheeling ...
Germany’s Solar Tender Oversubscribed, Lowest Tariff Dips to €0.049_kWh

Germany’s Solar Tender Oversubscribed, Lowest Tariff Dips to €0.049/kWh

German Federal Network Agency Bundesnetzagentur has published the auction results for solar and onshore wind projects. The agency announced that its tender for 96.4 MW of solar projects was oversubscribed and received ...
Solar’s Share in India’s Installed Power Capacity Stalls at 9.9% at the End of Q3

Solar’s Share in India’s Installed Power Capacity Stalls at 9.9% at the End of Q3

India’s share of renewable energy (including large hydropower projects) crawled to 36.4% in the third quarter of 2020 (Q3 2020) from 36.3% in the previous quarter, according to the data ...
Prices Fall in France’s Latest 600 MW Solar and Wind Auction

Prices Fall in France’s Latest 600 MW Solar and Wind Auction

France has selected nearly 100 solar and wind energy projects with a cumulative capacity of 600 MW in its latest auction. According to France’s Ministry of Ecological Transition, these projects ...
/ / Other, Renewable Energy
2019 Was the Best Year for Offshore Wind With 6.1 GW of Capacity Addition_ Report

2019 Was the Best Year for Offshore Wind With 6.1 GW of Capacity Addition: Report

By the end of 2020, the offshore wind energy industry will see 6.6 GW of installations worldwide.  According to the latest Global Wind Energy Council's (GWEC) report, despite the negative ...
/ / Wind
Solar-Wind Hybrid Projects will Stand Canceled if SECI Fails to Sign PSA within Six Months

Solar-Wind Hybrid Projects will Stand Canceled if SECI Fails to Sign PSA within Six Months

The Ministry of New and Renewable Energy (MNRE) has issued tariff-based competitive bidding guidelines for power procurement from grid-connected solar-wind hybrid projects. The guidelines stated that the Solar Energy Corporation ...
Bidding Deadline for SECI’s 1.2 GW Solar-Wind Hybrid Tender Extended Again

Bidding Deadline for SECI’s 1.2 GW Solar-Wind Hybrid Tender Extended Again

The Solar Energy Corporation of India (SECI) has again extended the bid submission deadline for the 1.2 GW wind-solar hybrid tender. The tender was issued under Tranche III of the ...
/ / Solar, Tenders & Auctions
Over 60 GW of Green Hydrogen Projects in the Pipeline Globally, Says Report

Over 60 GW of Green Hydrogen Projects in the Pipeline Globally, Says Report 

Fuelled by post-pandemic green stimulus packages, newly proposed green hydrogen projects are on the rise across the world. According to Rystad Energy research, the global pipeline of utility-scale green hydrogen ...
/ / Other, Renewable Energy
SECI Released Over ₹4.5 Billion to Clear Dues of Solar and Wind Developers in September

SECI Released Over ₹4.5 Billion to Clear Dues of Solar and Wind Developers in September

The Solar Energy Corporation of India (SECI) paid out nearly ₹4.53 billion (~$61.6 million) for solar and wind power purchases in September 2020, according to the latest data. This amounted ...