CERC Agrees to Extend Retrofitting Timeframe for Suzlon’s 7.4 GW of Wind Projects
The Central Electricity Regulatory Commission (CERC) has issued an order providing relief to Suzlon which is operating 7,400 MW of wind energy projects which needed retrofitting. Suzlon Energy Limited had ...
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019
In May 2019, the spot power price rose to ₹3.34 (~$0.048)/kWh, making it the fourth consecutive month in 2019 in which spot power price has continued its rise. In April ...
China’s Cumulative Installed Solar Capacity Stands at Nearly 180 GW: NEA
The National Energy Association’s (NEA) figures suggest that at the end of March 2019, China’s solar photovoltaic (PV) power generation reached 179.7 GW, an increase of 28% year-on-year, with the ...
Tamil Nadu Launches Procedure for Deviation Settlement of Wind and Solar Projects
Tamil Nadu State Load Dispatch Centre (TNSLDC) and Tamil Nadu Electricity Regulatory (TNERC) have issued the procedure for forecasting, scheduling, and deviation settlement mechanism of wind and solar generation. The ...
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 ...
CERC to Grant Electricity Trading License to NTPC to Expedite Solar and Wind Projects
The Central Electricity Regulatory Commission (CERC) has proposed to grant the National Thermal Power Corporation (NTPC) electricity trading license in India. The license is to be granted to help the ...
Adani Quotes Lowest Tariff of ₹2.69/kWh in SECI’s 1.2 GW Solar-Wind Hybrid Auction
Adani Green Energy emerged as the lowest (L1) bidder in the auction conducted by the Solar Energy Corporation of India Ltd. (SECI) for 1,200 MW of ISTS-connected solar-wind hybrid power ...
Gujarat Commission Provides Relief to Developer for Wheeling Charges on its Wind Project
The Gujarat Electricity Regulatory Commission (GERC) has provided relief to Aarvee Denims and Exports Limited in the matter of wheeling of power from its wind project. The petition was filed against ...
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 ...
China Approves Over 20 GW of Subsidy-Free Wind and Solar Projects
China has approved over 20 GW of solar and wind projects as part of its plan to install unsubsidized renewable energy projects in the country. This first batch of subsidy-free ...
Kerala Commission Asks KSEB to Clarify Tariff Period, PPA Date for a Wind Project
The Kerala State Electricity Regulatory Commission (KSERC) has asked the Kerala State Electricity Board (KSEB) and Kosamattam Finance Ltd. to arrive at a consensus regarding the date of commercial operation, tariff ...
Sprng Energy Commissions 250 MW of Solar Projects at Madhya Pradesh’s Rewa Solar Park
Sprng Energy Private Limited, the renewable energy platform of Actis Private Equity Funds, has announced the commissioning of its first renewable energy project in India. The 250 MW solar project ...
TANGEDCO Hands Over Solar and Wind Tendering Responsibilities to SECI
Prolonged payment delays to solar and wind developers seem to have tarnished the reputation of Tamil Nadu Generation and Distribution Corporation (TANGEDCO) in the industry. In a significant development, the ...
In India, Investment in Renewables Surpassed Fossil Fuels During 2018
Global investment in the renewable energy sector has gone up by 55% since 2010, according to the World Investment Report 2019 released by the International Energy Agency (IEA). The report ...
Engie’s ₹2.79/kWh Emerges as the Lowest Tariff in SECI’s 480 MW Wind Auction
The Solar Energy Corporation of India (SECI) has auctioned 480 MW of interstate transmission system (ISTS)-connected wind power projects. This was part of the 1,200 MW tender that was floated ...
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 ...
Lowest Tariff of ₹2.80/kWh Wins Gujarat’s 1,000 MW Wind Auction
Lowest tariff of ₹2.80 (~$0.0399)/kWh has emerged as the winner in Gujarat Urja Vikas Nigam Limited (GUVNL)’s auction for 1,000 MW of grid-connected wind power projects. According to a market ...
CERC Proposes ₹3.60/kWh as National Average Power Purchase Cost for Open Access
The Central Electricity Regulatory Commission (CERC) has proposed setting up the national average power purchase cost (APPC) at ₹3.60 (~$0.051)/kWh for open access for FY 2019-20. The proposal is up ...
Global Renewable Energy Capacity Additions Stalled in 2018 While CO2 Emissions Rose
The growth in capacity addition of renewable energy sources has stalled, says a report by the International Energy Agency (IEA). According to the report, the year 2018 was the first ...
CERC Requests National Load Despatch Center to Issue RECs for a 1.5 MW Wind Project
The Central Electricity Regulatory Commission (CERC) has ordered the national load despatch center (NLDC) to issue renewable energy certificates (RECs) for a 1.5 MW wind energy project. The CERC issued ...
Tata Power Decides to Pull the Plug on Coal-Based Power: Report
In a surprise move, Tata Power, one of India’s largest power producer, has announced that it will not build any new coal-fired power project in the future and majority of ...
Maharashtra Rules in Favor of Unilateral Reduction of Open Access Contract Demand
The Maharashtra Electricity Regulatory Commission (MERC) has rejected a petition filed by Arvind Cotsyn Private Limited regarding the unilateral reduction of open access contract demand (CD) and non-compliance of MERC ...
Vestas, Goldwind and Siemens Gamesa Emerge as Top Wind Turbine Installers Globally
In 2018, a total of 20,641 wind turbines were installed across the globe with a total capacity of 50,617 MW. These wind turbines were supplied by 37 manufacturers, says a ...
Tariff a Bone of Contention Between Indian Wind Stakeholders and Government Agencies
India’s wind energy sector has come a long way since the introduction of reverse auctions. In 2016, the Solar Energy Corporation of India (SECI) carried out the first-ever wind auction in ...
China Plans to Prioritize Non-Subsidized Wind and Solar Projects
China is prioritizing unsubsidized wind and solar photovoltaic (PV) projects. China’s National Energy Administration (NEA), has organized and drafted a project report on promoting non-subsidized affordable projects for wind and ...
