Warren Buffett’s MidAmerican Energy Plans a $3.9 Billion Renewable Energy Project
MidAmerican Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Energy, announced its plans for a $3.9 billion renewable energy project in Iowa, United States. The proposed project called ‘Wind PRIME’ ...
Daily News Wrap-Up: Hero Electric Partners with Mahindra to Boost its EV Manufacturing
Here are some noteworthy cleantech announcements of the day from around the world: Hero Electric and the Mahindra Group announced their collaboration intent as part of Hero's growth and expansion ...
Daily News Wrap-Up: MNRE and IRENA Join Efforts to Develop Green Hydrogen in India
Here are some noteworthy cleantech announcements of the day from around the world: India’s Ministry of New and Renewable Energy (MNRE) has signed a strategic partnership agreement with the International ...
Transition to Renewable Energy – Answer to Many of Africa’s Challenges: Report
A calibrated policy framework centered on renewable energy can help resolve many of Africa’s social, economic, health, and environmental challenges, as revealed in a report published by the International Renewable ...
Renewable Power to be 12% to 29% Cheaper than Fossil Fuel in India, China, Australia: Report
India, China, and Australia are the top three countries where renewable energy is cheaper by 12% to 29% compared to the lowest-cost fossil fuel, Wood Mackenzie, a UK-based research firm, said ...
Daily News Wrap-Up: Adani and POSCO to Collaborate in Renewable Energy
Here are some noteworthy cleantech announcements of the day from around the world: Adani Group and South Korean steel major POSCO will explore business cooperation opportunities, including establishing a green, environment-friendly integrated ...
SECI Issues Tender for 1.2 GW of ISTS-Connected Wind Projects
The Solar energy Corporation of India (SECI) has invited bids to develop 1,200 MW of interstate transmission system (ISTS)-connected wind power projects (Tranche XIII) in the country. The last date ...
APTEL Sets Aside CERC Order, Grants Extension to a 50 MW Wind Project
The Appellate Tribunal for Electricity (APTEL), in a recent order, condoned the delay of 132 days in the commissioning of a 50 MW wind project and said that the scheduled ...
California Allocates $6.1 Billion in its Budget for Zero-Emission Vehicles
In the state's budget for the financial year 2022-23, California Governor Gavin Newsom allocated $6.1 billion towards zero-emission vehicle (ZEV) acceleration. The investment would include a General Fund of $3.5 ...
Blackstone to Invest Nearly $3 Billion in Renewable Energy Developer Invenergy
Global investment firm Blackstone has announced that funds managed by Blackstone Infrastructure Partners will invest approximately $3 billion equity investment in Invenergy Renewables Holdings. Caisse de dépôt et placement du ...
Saudi Arabia Aims to Generate 15 TWh of Renewable Energy Annually by 2024
Saudi Arabia plans to generate 15.1 TWh of renewable energy annually by 2024 that will be sufficient to meet the power requirements of 692,557 households, said the Kingdom’s General Authority for ...
Month in a Minute: Top Headlines from Indian Renewable Sector in December 2021
Here is a recap of some of the most important headlines from December 2021: Ministry of New and Renewable Energy (MNRE) announced that India crossed the 150 GW milestone of ...
Daily News Wrap-Up: Sterlite Acquires Inter-State Transmission Project from PFC
Here are some noteworthy cleantech announcements of the day from around the world: Sterlite Power Transmission has acquired Nangalbibra —Bongaigaon Transmission, a special purpose vehicle (SPV) from PFC Consulting. The ...
Poland Allocates 1.3 GW of Solar and Wind Capacity
Poland’s Energy Regulatory Office (ERO) has allocated a capacity of 870 MW of solar and 460 MW of wind in its latest auction. The regulatory office auctioned 570 MW of ...
CERC Approves Tariff of ₹2.41/kWh for 1,100 MW of Wind-Solar Hybrid Projects
The Central Electricity Regulatory Commission (CERC) recently approved a tariff of ₹2.41 (~$0.032)/kWh for 1,110 MW of wind-solar hybrid power projects as agreed by the successful bidders. The Commission also ...
Ark Energy Acquires Utility-Scale Wind and Solar Project Developer Epuron Holdings
Ark Energy Corporation, an Australian subsidiary of Korea Zinc, will acquire a 100% stake in utility-scale wind and solar project developer Epuron Holdings. After completing the transaction, Ark Energy will ...
Daily News Wrap-Up: Tata Motors Forms EV Subsidiary with ₹7 Billion Investment
Here are some noteworthy cleantech announcements of the day from around the world: Tata Motors has incorporated a 100% subsidiary, Tata Passenger Electric Mobility Limited (TPEML). TPEML has been incorporated ...
CERC Approves Tariffs for 970 MW of Blended Solar Wind Projects
The Central Electricity Regulatory Commission (CERC) recently approved tariffs of ₹2.99 (~$0.039)/kWh for 160 MW and ₹3 (~$0.040)/kWh for 810 MW of wind power projects (blended with solar) as agreed ...
Daily News Wrap-Up: ReNew Power’s Operational Renewable Energy Portfolio Reaches 7.4 GW
Here are some noteworthy cleantech announcements of the day from around the world: Independent power producer ReNew Power has achieved a total operating capacity of 7.4 GW. The bulk of ...
Daily News Wrap-Up: Azure Power Signs 2,333 MW PPA with SECI
Here are some noteworthy cleantech announcements of the day from around the world: Azure Power has signed power purchase agreements (PPAs) with Solar Energy Corporation of India (SECI) for 2,333 MW of ...
Why India Needs More Wind-Solar Hybrid Projects
The intermittent nature of standalone wind and solar power sources has made it important for policymakers to promote wind-solar hybrid projects that provide a longer-duration power supply and maximize resources ...
Share of Battery in Energy Storage Sector in MENA to Jump to 45% from the Current 7%
The Middle East and North African (MENA) countries must rapidly scale up and integrate variable renewable energy (VRE) – such as solar photovoltaic (PV) and onshore wind – into their ...
Ecuador Floats Tender for 500 MW of Renewable Energy Projects
The Ministry of Energy and Non-Renewable Natural Resources of Ecuador has issued the call for tenders for three public selection processes for financing, construction, operation, and maintenance of two power generation projects ...
Serbia to Develop 11.3 GW of Solar and Wind Projects
Serbia plans to develop 8.3 GW of solar and 3 GW of wind power projects by 2024. According to the Balkan country's 'Draft Program of Economic Reforms 2022-2024', the total ...
SECI Releases Payments of ₹5.21 Billion for Solar and Wind Power Purchased in October
The Solar Energy Corporation of India (SECI) disbursed ₹5.21 billion (~$68.9 million) to solar and wind developers for the power purchased in October 2021. The disbursed amount accounted for 96% ...
