Regulator Rejects Wind Developers’ Plea for Interest on Delayed Payment by DISCOM
The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, has rejected the petition seeking directions against Maharashtra State Electricity Distribution Company Limited (MSEDCL) for failing to comply with the ...
IL&FS Offers to Sell its Stake in a 6.5 MW Wind Project
The Infrastructure Leasing and Financial Services Limited (IL&FS) has invited expression of interest (EoI) to acquire 100% shares of Ramagiri Renewable Energy (6.5 MW wind project) and purchase fixed assets ...
Daily News Wrap-Up: IndianOil to Build a Green Hydrogen Plant in Mathura
Here are some noteworthy cleantech announcements of the day from around the world: Oil and gas corporation IndianOil is set to build the country's first green hydrogen plant at its ...
SECI Pays ₹6.61 Billion to Solar and Wind Developers for Power Purchased in June
The Solar Energy Corporation of India (SECI) paid around ₹6.61 billion (~$89 million) to solar and wind developers for the power it purchased in June 2021, according to the data ...
Daily News Wrap-Up: Siemens to Construct 100 MW Battery Storage Facility in Germany
Here are some noteworthy cleantech announcements of the day from around the world: Siemens Smart Infrastructure and Zukunftsenergie Nordostbayern GmbH signed a letter of intent to construct a 100 MW battery storage ...
AI Technology Boosts Solar and Wind Forecasts, Reducing Grid Pressure
A team from Monash University’s Grid Innovation Hub, Worley, and Palisade Energy Ltd have embarked on a joint study to precisely predict wind and solar power generation using machine learning technology. The collaborators ...
Daily News Wrap-Up: Coal India’s Largest Subsidiary Installing a 40 MW Solar Project
Here are some noteworthy cleantech announcements of the day from around the world: South Eastern Coalfields (SECL), the largest coal-producing subsidiary of Coal India, is foraying into solar energy with ...
Andhra Commission Allows PPAs of Two Wind Projects to be Canceled
The Andhra Pradesh Electricity Regulatory Commission (APERC), in a recent order, ruled that the power purchase agreements (PPAs) signed between two wind developers and the Southern Power Distribution Company of ...
No New Coal-Fired Projects for Tata Power as it Aims for Carbon Neutrality by 2050
Indian power utility Tata Power aims to phase out its coal-based capacity and enhance its clean and green capacity to around 80% by 2030 from its current green portfolio of 31% ...
Race Between Declining Costs of Wind, Solar Power, and Falling Market Value
The world is steadily embracing renewable energy, with wind and solar energy making up a large share of power generation. With the supply of these resources increasing, the value of ...
Month in a Minute: Top Headlines from Indian Renewable Sector in June 2021
Here is a recap of some of the most important headlines from June 2021: The Ministry of Power (MoP) has finally issued the rules concerning net metering for rooftop solar ...
MSEDCL’s 500 MW Wind Solar Hybrid Tender Oversubscribed by 1 GW
The Maharashtra State Electricity Distribution Company Limited's (MSEDCL) tender to procure 500 MW of wind-solar hybrid power has received a good response from the bidders. It has been oversubscribed by ...
Wind Installations up 25% QoQ in the First Quarter of 2021
Wind installations in India in the first quarter of 2021 (Q1 2021) were up by 25% quarter-over-quarter (QoQ), with 623 MW added compared to 500 MW installed in the previous ...
IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021
The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 ...
Regulator Allows Partial Credit Adjustment for an Open Access Wind Power Consumer
The Maharashtra Electricity Regulatory Commission (MERC), in a recent ruling, allowing for credit adjustment of units generated from wind projects for September 2017, July 2018, and October 2019 for an ...
SECI Releases ₹4.91 Billion to Solar, Wind Developers for Power Purchase in April
The Solar Energy Corporation of India (SECI) paid around ₹4.91 billion (~$67.3 million) to solar and wind developers for the power it purchased in April 2021, mentions the data released ...
Bids Invited from Project Consultants for a 2,375 MW Renewable Energy Park in Gujarat
The Gujarat Industries Power Company Limited (GIPCL) has invited bids from project consultants to develop a 2,375 MW solar, wind, and hybrid renewable energy park at the Great Rann of ...
Bank Guarantee of a 300 MW Wind Project Stuck Under Regulatory Procedures
The Central Electricity Regulatory Commission (CERC) has reserved its judgment, in reply to a petition filed by ReNew Power and its three subsidiaries on submitting a fresh bank guarantee to ...
Month in a Minute: Top Headlines from Indian Renewable Sector in May 2021
Here is a recap of some of the most important headlines from May 2021: In the first quarter (Q1) of the calendar year (CY) 2021, India generated about 17.5 BU ...
Solar Reigns Greece’s 350 MW Auction for Solar and Wind Projects
Greece’s Regulatory Authority of Energy (RAE) declared the results of the 350 MW joint competitive bidding for solar photovoltaic (PV) and wind projects. Solar PV projects ruled the roost as ...
Tripartite PPA for a 16 MW Wind Project to be Modified Following INOX’s Restructuring
The Kerala State Electricity Regulatory Commission (KSERC), in a recent order, directed Inox Wind Energy, DJ Malpani-one of the co-petitioners, and the Kerala State Electricity Board (KSEB) to modify the ...
Wind Developer Seeks Declaration of PPA Termination, Return of Bank Guarantee
The Central Electricity Regulatory Commission (CERC), has responded to a petition by Sprng Wind Energy seeking a declaration that the power purchase agreement (PPA) signed with SECI stood terminated and ...
SECI Issues Tender for 1.2 GW of ISTS-Connected Wind Projects
The Solar Energy Corporation of India (SECI) has issued a tender for setting up of 1,200 MW interstate transmission system (ISTS)-connected wind power projects (Tranche-XI) in the country. The last ...
CERC Asks PGCIL Not to Encash Bank Guarantees of Terminated Wind Projects
The Central Electricity Regulatory Commission (CERC), responding to ReNew Power’s petition, has directed the Power Grid Corporation of India Limited (PGCIL) not to encash bank guarantees submitted towards its wind ...
Renewable Capacity Additions Rose by 45% in 2020 Globally Despite Pandemic: IEA
The International Energy Agency (IEA) has published its analysis on the renewable energy sector for the calendar year 2020. The report Renewable Energy Market Update 2021 also offers a global ...
