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Duke Shelves ACP Plans, but Will Continue Investing in Renewables

Duke Energy has said it will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables Duke Energy has said that the company will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery storage, energy efficiency programs and grid […]

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Valid PPAs Before Aug 1 to get Exemption on Higher Duty on Imports

Solar projects with valid PPAs before August 1, 2020, will be exempted from the proposed higher import duty on solar equipment and components. Solar power developers, that are still on course or in the process of starting work on the development of new solar projects in the country might be exempted from paying the newly proposed […]

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Plans in Place to More Than Triple Local Solar Manufacturing Capacity

The government has proposed a major push to domestic manufacturing of solar equipment in the country that would completely eliminate the need for imports The central government has proposed a major push to domestic manufacturing of renewable energy (solar) equipment in the country that would completely eliminate the need for imports, particularly from countries such as China. As part of […]

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Foreign Firms Attracted to Competitive Bidding in Indian Solar Tenders: CRISIL

Rating agency CRISIL has said the absence of any formal duty on imports at the time of project tendering and lower returns globally in the wake of the COVID-19 outbreak have resulted in competitive tariff rates in the solar energy sector. According to the agency, a chance coming together of several positives has led to […]

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NLC India, CIL Form JV to Co-Develop 5 GW Solar & Thermal Assets

NLC India has signed a pact with state-owned CIL to form a JV to develop 5,000 megawatts (5 GW) of solar and thermal power assets across the country. Navratna mining and thermal power genco NLC India has announced that it has signed a pact with state-owned Coal India Limited (CIL) to form a joint venture (JV) to develop 5,000 megawatts (5 […]

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Vestas Secures Multiple Orders in Australia, France, Italy and Netherlands

Vestas has signed multiple agreements for projects in Australia, France, Italy, and the Netherlands with a combined capacity of 369 MW. Global wind energy major Vestas has announced the signing of multiple agreements for the supply of wind energy turbines for projects in Australia, France, Italy, and the Netherlands with a combined capacity of 369 […]

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CEEW Recommends Green Energy Investments in COVID Recovery Strategy

The Council on Energy, Environment and Water (CEEW), along with the National Institute of Public Finance and Policy (NIPFP) has recently published a report that makes the case for India needing a new social contract based on a commitment to jobs, growth and sustainability, as it charts its way out of the COVID-19 pandemic. The […]

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RWE Closes Deal With E.ON, Takes Over Operations at innogy

The final step in one of the largest transactions in German industrial history has been completed with RWE taking over the innogy activities from E.ON The final step in one of the largest transactions in German industrial history has been completed with the major asset swap between RWE and E.ON, with which RWE took over […]

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Doors now Open for Offshore Wind Energy in Poland

The Polish government and Polish wind energy industry signed a “Letter of Intent on cooperation for the development of offshore wind energy in Poland”. On July 1, 2020 representatives of the Polish government and Polish wind energy industry signed a “Letter of Intent on cooperation for the development of offshore wind power in Poland”. The […]

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