The Uttar Pradesh Electricity Regulatory Commission (UPERC) has asked Uttar Pradesh Power Corporation Limited (UPPCL) to deposit Rs 72.44 billion in a regulatory fund by January 2022 to meet the renewable purchase obligations (RPO) for […]
Reliance Industries Limited (RIL) plans to invest Rs 750 billion in setting up four factories to make solar photovoltaic cells, green hydrogen, batteries and fuel cells over the next three years. These four factories will […]
PTC India Limited’s board has approved a letter of intent (LoI) for acquisition of the energy consulting business of IL&FS Energy Development Company (EDC) for an undisclosed value on a slump sale basis. The LoI […]
The government is exploring hiving off constructed central sector hydro power plants into special purpose vehicle (SPV) companies under their existing developers to maximise their valuations during stake sale. As per the proposed national assets […]
Etrion Corporation, a solar independent power producer, has completed the sale of its stake in the 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito solar projects which are currently operational in Japan. The […]
Indian energy and engineering company, Jakson Group, has commissioned the 50 MWp Sheikh Mohamed Bin Zayed Solar Power Plant Project Blitta Village in Togo. The solar power project has been developed by AMEA Power, Dubai […]
The Gujarat government has notified the Gujarat Electric Vehicle Policy, 2021. The policy has set a target of 200,000 electric vehicles in the state in the next four years. To encourage people to purchase e-vehicles, […]
Actis, the global infrastructure investment firm, has acquired 500 MW Indian assets of Finland based solar power producer Fortum. Fortum has signed an agreement to divest the 250-MW Pavagada II and the 250-MW Rajasthan solar […]
Maldives has launched a tender inviting bids in the pre-qualification process for installing 11-14 MW of solar projects across 14 major islands.… The solar photovoltaic (PV) installations cover hybridization of 14 island grids that rely […]
The Uttarakhand Power Corporation Limited (UPCL) has floated a tender to invite bids for the empanelment of installers for grid-connected rooftop solar systems of 1 kW to 500 kW capacity in the state.… The scope […]
ACME Solar and Brookfield Renewable have closed a deal to jointly develop a 300 MWac (450 MWdc) solar project at Badisid, in Jodhpur district, Rajasthan.… ACME had quoted the lowest tariff of Rs 2.74 per […]
Sterlite Power has achieved financial closure of the project set up by Udupi-Kasargode Transmission Project Limited (UKTL) and has secured the entire debt funding of Rs 5.8 billion from REC Limited. … The project is […]
NTPC Limited anchored a two-day workshop on Green Hydrogen, one of the most popular and demanding fields in the current times and considered to be the next carrier of energy..… The online event saw leading […]
With constantly declining prices and increasing efficiencies of solar panels and batteries, a large section of customers could generate, store and consume their own electricity. Today, the primary revenue for electric utilities is from the […]
The Australian federal environment ministry has rejected the plans to build a $36 billion renewable energy (RE) project in Pilbara region of western Australia. … The 26 GW Asian Renewable Energy Hub (AREH) wind, solar […]
India will host a two-day summit on green hydrogen initiatives on June 22, 2021 involving the BRICS nations. … The high-level event will provide a platform to share respective green hydrogen initiatives of different countries […]
The Indian Oil Corporation Limited (IOCL) has invited bids from engineering, procurement, and construction (EPC) contractors to set up a 2 MW ground-mounted on-grid solar photovoltaic (PV) project in Delhi.… The captive project with net […]
The NTPC Limited has floated a global Expression of Interest (EOI) to set up two pilot projects adopting hydrogen technologies. … The two projects are standalone fuel-cell based backup power system and a standalone fuel-cell […]
The Ministry of Power (MoP) has announced an extension for waiver on inter-state transmission charges for renewable energy (RE) generation projects. … Now, the waiver on solar and wind generation projects will be available till […]
The Africa Renewable Energy Fund (AREF) II has secured 130 million euros as first close following a joint investment of €17.5 million from the Sustainable Energy Fund for Africa (SEFA)and the Climate Technology Fund (CTF) through […]
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