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Electricity Act

ISA and Bloomberg Philanthropies In Partnership for $1 Trillion Target

Bloomberg Philanthropies and the International Solar Alliance (ISA) have partnered to mobilise $1 trillion in global investments for solar energy across ISA’s member countries. The two organizations will kick off the partnership by working with World Resources Institute (WRI) to develop a Solar Investment Action Agenda and a Solar Investment Roadmap, which will be launched at COP26 and in […]

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Fotowatio Sells 49% In Australia Arm To OMERS Infrastructure

Fotowatio Renewable Ventures (FRV), a leading Spanish developer of utility-scale renewable energy projects and part of Abdul Latif Jameel Energy, have today announced the sale of a 49% interest in FRV Australia Group to OMERS Infrastructure (the “Transaction”). Under the terms of the Transaction, OMERS Infrastructure will acquire a 49% interest in FRV’s Australian renewable energy platform, […]

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SECI Kicks Off Storage Push With EOI For 1 GW Project

SECI has been given the go ahead for inviting expression of interest for installation of 1000 MWh Battery Energy Storage System (BESS) as a pilot project. This is the joint effort of both Ministry of New and renewable energy and Ministry of Power who have been working on this to provide a road map for […]

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CalWave Commissions Open-water Wave Energy Pilot in California

US firm CalWave has announced it has successfully commissioned its CalWave x1™ off the coast of San Diego, marking the beginning of California’s first at-sea, long-duration wave energy pilot operating fully submerged. The project is supported by the U.S. Department of Energy (DOE) funding, with the goal to demonstrate CalWave’s scalable and patented xWave technology. […]

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Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’

A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […]

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Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä

Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […]

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Manager – Corporate Taxation

Responsible to ensure direct tax compliances including transfer pricing for one or more of Schneider India legal entity(ies). Responsible for IT computation, filing of IT returns and filing of TP certificates. Support in managing Tax assessments/ audits/ litigations, drafting replies/ appeals, dealing with consultants/ advocates. Interface with the Auditors and support the finance team in […]

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ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia

Saudi Arabia’s ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD […]

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