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Electricity Act

300 MW Offshore Wind Project by Tokyo Gas in Offing; Eyes 6 GW Goal

Tokyo Gas, the gas distributor of Japan, has said that it has started the construction of two floating offshore windmills in Japan. The new facility is being built off the coast of Fukushima prefecture in the northeast. According to the disclosure, the capacity of the wind power project will be 300 MW. The announcement of […]

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TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023

French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […]

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Amp Energy India Commissions 5 MW Solar Open Access Project for Biopharmaceutical Firm

A firm that develops, builds, owns and operates renewable energy power plants, Amp Energy India has commissioned a 5 MW solar power plant for vaccine biopharmaceutical major BSV (Bharat Serums and Vaccines Ltd). The solar project,  commissioned in the last quarter of 2022, will come up in Maharashtra’s Osmanabad, and provide solar power to BSV’s […]

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IEX Power Market Update for Jan ’23: IEX Clocks In Fiscal’s Highest Monthly Vol of 8639 MU

The Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8639 MU cumulative volume in January 2023. This is inclusive of Green Power trade worth 347 MU, and 3.95 lac RECs (equivalent to 395 MU). IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and […]

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CIF Grants $70 Million To Colombia For Renewable Energy Integration

The Climate Investment Funds (CIF) has decided to provide a $70 million loan to the South American country of Colombia at a low interest rate to enable the country to transition to clean energy. With this, Colombia will become the first country to benefit from CIF. The fund was created for speedy growth of renewable energy […]

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GERC Provides Only Interim Relief On Replacement of Modules For Old Solar Project

In a recent order in January, the Gujarat Electricity Regulatory Commission (GERC), when faced with a petition seeking permission to replace solar modules on a project ‘damaged’ by floods, chose to provide interim relief only, reserving the tight to take a final view on the issue. The matter at hand is a very interesting case, […]

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TotalEnergies Sells Renewable Projects to Crédit Agricole Assurances

French renewable energy major TotalEnergies has announced that it is selling 50% of a 234 MW portfolio of renewable projects to Crédit Agricole Assurances as part of its strategy of profitable growth in renewable energies. The official statement from TotalEnergies reveals that the portfolio being sold includes 23 solar power plants with a capacity of […]

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The Top 5: Game-changing Renewable Energy Projects In Southeast Asia

The countries making up the Association of South East Asian Nations (ASEAN) are the world’s fourth-largest energy consumer as a group. Its actions in the renewable realm are vitally important if the world wants to achieve carbon neutrality by 2050 – the Paris agreement target. The countries in the region are exploring renewable technology to […]

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Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023

Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […]

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