Renewable Energy

Efficiency in Focus as MERC Declines Adani Plea On RE Pricing for Mumbai

The Maharashtra Electricity Regulation Commission, in its order dated January 8 has disposed of the plea by Adani Electricity Mumbai Limited (AEML) on tariff for the renewable energy it planned to purchase to meet the city’s RPO obligations and broader energy needs. The plea by AEML, which pitched for sourcing 700 MW of RE power […]

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ADFD Approves Record $105 mn Funding for 8 RE Projects

ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […]

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RERC Tenders Seeking Consultants for RE Tariff Determination

RERC has issued a tender for the engagement of consultants to provide assistance in framing the tariff regulations for renewable sources The Rajasthan Electricity Regulatory Commission (RERC) has issued a tender, inviting bids from eligible bidders for the engagement of consultants to provide assistance in framing the ‘RERC (Terms and Conditions for Determination of Tariff […]

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AB Inbev, Baywa Ink Biggest Ever European Corporate Solar Deal

Belgian beer giant AB InBev has entered into solar power purchase agreement (PPA) with BayWa r.e., global renewable energy developer, for its European brewing operations. The move came as the beer giant wants to power its European operations with 100 percent renewable electricity. As per the 10-year Virtual Power Purchase Agreement (VPPA), Munich based Baywa […]

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MNRE Drafts Scheme for Round-the-Clock Supply of Renewable Power

MNRE has issued a new draft policy for the supply of round-the-clock power from renewable energy projects, complemented with thermal power projects to Discoms The Ministry of New and Renewable Energy (MNRE) has issued a new draft policy for the supply of round-the-clock (RTC) power from renewable energy (solar, wind or small hydro) power projects. […]

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CERC Extends Validity of Expiring RECs Until March 31

CERC has in its latest order extended the validity of RECs that were set to expire on December 31, 2019, until March 31, 2020. The Central Electricity Regulatory Commission (CERC) has in its latest order extended the validity of Renewable Energy Certificates (RECs) that were set to expire on December 31, 2019, until March 31, […]

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Adani Green’s Arm Commissions 75MW Wind Project; Shares Hit 52Wk High

Ahmedabad headquartered Adani Green Energy Ltd (AGEL) said that it has commissioned new 75 MW wind energy project through its subsidiary Adani Renewable Energy. The project has been commissioned under the 25 year PPA with Maharashtra Discom MSEDCL at a tariff of Rs 2.85/kWh. The company said in a filing to the stock exchanges that […]

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ICRA Revises Outlook from Stable to Negative for RE Sector

On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […]

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